Solar Markets & Finance News

United States company receives give for 3.4 gigawatt Tamil Nadu project Avaada is likewise one of the receivers of output-linked funds

Electricity produced from renewables surpassed coal in the United States for the first time in 2022, the United State Energy Information Administration revealed Monday.

LONGi has actually entered into renewable resource collaboration as framework distributor in Singapore and also Indonesia. The agreement will improve Indonesia's capability to establish renewable resource and also will certainly promote cross-border electrical energy trade for shared benefit.

The objective of LGES is to step up EV and also ESS battery production in The United States and Canada. The complicated will certainly have two different production facilities: cylindrical batteries for EVs as well as lithium iron phosphate (LFP) pouch-type batteries for energy storage systems.

1-gigawatt project would be sited on largest man-made lake Southern Africa region suffers from power shortages

Israeli renewables programmer and also power manufacturer Ellomay Capital Ltd (TASE: ELLO) has actually set foot on the United States market by authorizing a co-development agreement for 23 MW DC of solar projects in Texas.

South Africa is looking for to award 20-year contracts for the construction of renewable energy projects throughout 19 areas in the nation, consisting of government irrigation facilities.

The solar panels and equipment were put in the checklist of non-essential items thinking about the issues of money laundering. PSA stated that partial returning to of solar items' imports will benefit Pakistan.

Vienna-based renewable energy manufacturer ImWind Erneuerbare Energie GmbH has prepared EUR 100 million (USD 108.79 m) in funding from loan provider Raiffeisenlandesbank Niederoesterreich-Wien to support the building and construction of wind as well as solar energy plants in Austria.

Business join Tartessos for 130MW hybrid project

BP Plc is mulling over a strategy to take complete control of UK-based solar programmer Lightsource bp, its 50%-regulated joint venture, Reuters reports, citing unnamed sources.

US developer Standard Solar has acquired a portfolio with 21 MW of prepared community solar projects in New York as well as Massachusetts in a transaction that enables it to increase its presence in the Northeast of the USA.

The new center by Hanwha will provide clean power company Qcells with encapsulant film. Likewise, Hanwha will certainly be the only company in the USA producing solar encapsulants.

French renewable nuclear power plant driver Voltalia SA (EPA: VLTSA) saw its net loss widen to EUR 7.2 million (USD 7.9 m) in 2022 due to boosted devaluation, amortisation and also provisions in addition to greater net economic expenses.

The North American unit of Italian utility team Enel SpA (BIT: ENEL) claimed Wednesday it has secured a tax obligation equity financial investment from Swiss food as well as drinks giant Nestle SA (VTX: NESN) for its 208-MW DC Ganado solar-plus-storage project in Texas.