News

Egypt and China have signed an MoU to develop a massive 10GW solar project, promising 29,784GWh of clean energy and a transformative USD1bn savings in natural gas expenses. This will support Egypt's Green Corridor Initiative, helping it reach 42% renewables by 2030.

First Solar is selling up to $700 million of 45X Advanced Manufacturing Production tax credits to Fiserv to become a clean-energy leader and reduce reliance on Chinese-made components. $0.96 of credits per $1 of tax will be received in 2024.

Globeleq acquires majority stake in Mozambique's Mocuba solar PV power farm, part of a 400MW African portfolio. Temane gas-to-power & Namaacha wind projects to reach financial close & commercial operations in 2024.

Rubis Photosol secures EUR 60 million loan from Bpifrance, BRED Banque Populaire and CIC for 8 solar projects, ranging 2MW-20MW. Two projects in Bellac and Mainzac will supply energy to Leroy Merlin. Construction underway, with Rubis Photosol managing operations and maintenance.

Statkraft is investing EUR 30 million in El Rancho, a 42.2-MW solar farm in Andalusia, Spain. This massive project will generate enough clean energy to power 30,000 homes annually, taking Statkraft's total investments in the region to a staggering EUR 500 million.

MEC Group acquires 51% stake in EnergieSun, a German rooftop solar developer, to expand its renewable energy portfolio. EnergieSun specializes in small to mid-size systems for private customers, with capacity to install up to 200 each month.

MPC Caribbean Clean Energy Fund secures financing for phase II of its Monte Plata solar farm in the Dominican Republic. Expansion to 75.6 MWp capacity with PPA monetisation expected to be operational in 2024. German asset and investment manager MPC Capital AG leads the project.

Unlock the secrets of the photovoltaic effect in OIHPs - research from RIKEN could see breakthroughs in improving solar cell efficiency. Discover how crystal symmetry and light shifting electron clouds can create an electric current.

Iberdrola's new 86MW hybrid facility in Cedillo, Spain is the first of its kind in the country. Combining hydroelectric and photovoltaic technologies, the project minimizes environmental impact and creates more stable and efficient renewable production. Iberdrola has plans to invest in more hybrid plants, with 5200MW already installed in Extremadura.

Adani Green Energy Ltd. has achieved a milestone with an 8GW green power project portfolio, securing buyers for the entire capacity over 25 years. Stimulated by post-pandemic recovery, extreme weather and heightened electricity demand, Adani Green is geared up to invest $22 billion to expand capacity to 45GW by 2030.

Renewable energy producer Neoen has won four solar projects totaling 104.4 MWp in a tender, including three agrivoltaic initiatives to combine sheep farming with solar power generation. When complete, these projects will provide enough clean energy to power 50,000 people in France.

Renantis' 9.7-MW solar agrivoltaic plant officially in operation in Sicily: An innovative project that offers a 6% return for investors while creating jobs and supporting renewable energy.

Reuse and recycle: We Recycle Solar has created an 'urban mining' process to upcycle old solar panels, reclaiming up to 99% of their components and creating a profitable, sustainable industry.

EtaVolt's new technology brings quick and affordable rejuvenation to solar panels, restoring performance & preventing degradation for up to 5 years. Suitable for most solar modules & both indoor & outdoor use with added smart recycling services.

Harnessing solar energy in Sanzhuang, Shandong province, a new 90-megawatt project is reducing CO2 emissions while creating jobs for local farmers and planting honeysuckle. Power up with clean energy!