News

"Unbridled" Solar Power Sparks into Life in Kentucky
National Grid unveils Unbridled solar park: 160-MW PV facility in Kentucky to bring USD 42-million direct economic impact and USD 11-million tax revenue by 2021.
Dec 18, 2023 // Plants, USA, National Grid, North America, Kentucky, PV Power Plant
NextEnergy Capital Buys 100-MW Florida Solar Farm
NextEnergy Capital has acquired their first US solar project in Florida, an impressive 100MW PV farm that will be equipped with the latest photovoltaic technology. The project is set to come online in the first half of 2025, propelling NextEnergy's fifth investment fund into the future.
Dec 18, 2023 // Plants, Markets & Finance News, USA, Florida, North America, PV Power Plant, NextEnergy
Scatec Secures Financing for 60 MW Solar in Botswana
Scatec ASA hits financial close on groundbreaking 60-MW Botswana solar park, providing power to 20,000 homes and paving the way for a greener future.
Dec 18, 2023 // Plants, Large-Scale, Commercial, Scatec, Africa, Botswana, PV Power Plant
Ceara Sets Off 195-MW Solar Complex
CGN Brasil has embarked on a major project: constructing a 195-MW solar complex in Ceara, Brazil. BRL 650 million will be invested to generate 370,000 MWh of renewable energy, enough to power 240,000 homes. Ceara is now a major player in the energy game, with 643GW of solar power, 94GW of onshore wind, and 117GW of offshore wind.
Dec 18, 2023 // Plants, PV Power Plant, Brasil, CGN Brasil
23% Efficient 'n-i-p' Hybrid Solar Cells
The new monolithic tandem solar cell developed by Chonnam National University achieved 23% efficiency and a 2.1V open-circuit voltage. Fusing all-inorganic halide perovskites and other materials, it promises to revolutionize artificial photosynthesis and agri-voltaic applications.
Dec 18, 2023 // Technology, South Korea, Asia, solar cell, perovskite, efficiency, Chonnam National Universite
Lucky Cement: Pakistan's First n-Type Solar Plant
Lucky Cement has taken a giant leap in environmental sustainability, building Pakistan's first n-type photovoltaic (PV) power plant. By reducing energy costs and fossil energy usage, Lucky Cement is blazing a trail for other industries to follow and help Pakistan take a step towards renewable energy independence.
Dec 18, 2023 // Plants, Large-Scale, Commercial, PV Power Plant, Lucky Cement
Aisin Corp Signs VPPA for 50 MW from Texas Solar Plant
Aisin Corp, a Japanese automotive parts supplier, has partnered with Greenalia to reserve 50 MW of energy from Texas' Misae II solar project. Greenalia will generate 130 GWh of electricity annually for Aisin's North American unit, 18% of the project's capacity. Misae II is expected to be operational by late 2025 and could expand up to 695 MWdc.
Dec 15, 2023 // Plants, Japan, Asia, Aisin Corp
Axpo: Italian Solar Focus Enlarged
Axpo Holding AG, a Swiss power producer, is aiming to revolutionize Italian energy production with 10 GW of solar PV capacity across Europe. Projects include a 3 MW facility supplying Novelis' factory in Lombardy and a 13 MW agrivoltaic park in Calabria. Get ready for a greener future in Italy!
Dec 15, 2023 // Markets & Finance News, Italy, Europe, Axpo Holding AG
Boosting Clean Energy: US Treasury Rules Proposal
The US Treasury and IRS propose rules for new Advanced Manufacturing Production Credit under IRA, incentivising clean energy components like solar & wind energy, batteries, and critical minerals. SEIA & ACORE praised the Credit, however NMA criticise it for not providing enough incentive. Public comment open for 60 days.
Dec 15, 2023 // Manufacturing News, USA, North America
Mytilineos Acquires 230-MW Solar Project in Alberta
Westbridge has sold its 230-MW Georgetown solar project to Mytilineos SA, marking the Greek industrial group's entry into the Canadian renewables market. The CAD 47.6 million deal marks the start of an agreement for the sale and purchase of a 1,410-MWdc portfolio.
Dec 15, 2023 // Markets & Finance News, Mytilineos SA, Westbridge, Georgetown solar project
TotalEnergies Starts Construction on Hybrid Solar-Storage Site in S Africa
TotalEnergies is building a 216-MW solar-battery hybrid system, producing over 400 GWh of clean electricity, in South Africa's Northern Cape province. Set to become operational in 2025, the project will ensure a continuous supply of green electricity for local utility Eskom.
Dec 15, 2023 // Plants, Storage, TotalEnergies, S Africa
Scalable Solar Cells Reach 26.4% Efficiency
This breakthrough in SHJ solar cell technology could revolutionize solar power: Researchers have developed cells with record-breaking power-conversion efficiencies of up to 26.4%, using cost-effective fabrication techniques for large-scale deployment. Let's make solar power a reality!
Dec 15, 2023 // Technology, solar cell, efficiency, Soochow University, Suzhou Maxwell Technologies Co. Ltd, New South Wales University, Dalian University of Technology, SHJ solar cell
X-Elio Secures €35M for Spanish Solar Expansion
X-Elio secures €35m from Bankinter to develop, operate and maintain three projects totaling 67 MW in Spain, furthering the company's commitment to addressing climate needs.
Dec 15, 2023 // Markets & Finance News, Spain, Europe, x-elio
Cheaply Producing Green Hydrogen: Ruthenium Particles and Solar Power
Revolutionary new technology for producing green hydrogen cheaper & more efficiently developed by IIT & BeDimensional S.p.A. using small ruthenium particles & solar-powered water electrolysis. Ruthenium costs 40 mg/kW - competitive & long-operating life. Up-scaled electrolysers powered by renewable energy sources will be next!
Dec 14, 2023 // Technology, Italy, Europe, hydrogen, efficiency, Italian Institute of Technology
Sri Lanka Approves 700 MW Floating Solar PPA
The Sri Lankan government has approved a 700-MW floating solar park with 1.5 GWh battery storage, providing 1,100 GWh of renewable energy annually and investing USD 1.72 billion. An environmental milestone, this project will revolutionize the energy sector of Kilinochchi.
Dec 14, 2023 // Plants, Floating PV, PPA, Asia, Sri Lanka, PV Power Plant