News

Daqo New Energy Corp. unveils USD 2.1bn investment plan in Xinjiang, China for a industrial park to produce silicon-based materials. The ambitious project includes two phases of development with a total of 300,000 tonnes of polysilicon and 2.2 million pieces of silicon seed rod.

Aggreko, a world-leading power solutions provider, has purchased nine community solar projects in New York with a combined capacity of 59MW, with the first site already switched on, and the rest to follow in 2021. Tax equity financing from an institutional investor will help make the transaction possible.

BCPG is selling its entire solar portfolio in Japan to Danish investor Obton, comprising 104MW of operational plants and 13MW of projects, valued at THB 10.38 billion. The deal is expected to close in the first quarter of 2021.

Octopus Energy and Nexta Capital Partners join forces for a new joint venture in Italy's energy storage market. The venture is expected to develop up to 1.5GW of energy storage systems, helping the country achieve its decarbonisation goals by 2030. Octopus Energy is also investing €1bn into the venture.

MET Group's Puerto Real 3 solar park in Spain has reached commercial operations- 50MW of energy produced from over 88,000 solar panels, located in Andalusia with its high solar irradiation levels. MET Group acquired the project in 2022 and has been in Spain for more than seven years with 400MW in operation.

Aspen & Oakhurst join forces to form Headwater Energy, a 4.3 GWp integrated solar and energy storage platform with 83 MWp of operating assets & 7 projects in construction. Headwater seeks funding to expand in 2024.

Tap into Greece's renewable energy revolution with Copelouzos' new 400MW solar park! Covering 5,900 acres with 601,000 bifacial PV panels from Trina Solar, it's set to revolutionize the country's energy mix.

Sembcorp wins 117 MWp solar PV tender from Singapore's government, furthering its commitment to green energy with 25GW of renewable capacity by 2028.

Rays Power Infra signs MOU with Uttarakhand to build 500-MW solar park, meeting state's power demands and expanding presence into Asia, Middle East, and North Africa. Make the switch to clean energy with this experienced solar plant builder.

SMA Solar Technology AG is focusing on the US, announcing a 3.5 GW production plant and a Gigawatt Factory in Germany, both planned for completion by 2025. With the Biden Administration’s target of tripling US renewable energy deployments in the next 10 years, SMA is ready to make it happen.

BayWa r.e. and Boston Scientific have partnered together to provide renewable energy from the 15.1MW Alcalá solar farm in Seville, Spain. This groundbreaking agreement enables Boston Scientific to match 80% of its electricity consumption in Europe, a step forward for sustainability.

Trina Solar enters the industrial energy storage sector in Japan, partnering with Narashinrinsigen to supply 30MWh of storage capacity from 2024. Trina Storage’s Elementa 2 boasts zero battery degradation in the first year of operation. With over 100 global partners and projects exceeding 10 GWh, this collaboration will contribute significantly to the global energy transition.

Derex has installed a 2.1MW floating solar farm in Latvia to power the Sloka wastewater treatment plant. By 2023, the Sungrow-designed system using RECOM Technologies' modules will reduce electricity costs and reliance on energy market rates while protecting the local ecosystem.

Scatec's largest Ukrainian solar plant is now on the free market - with no loan & lower feed-in tariffs. Alina Sviderska, Country Manager, is delighted with the results. To counter low payments from the Guaranteed Buyer, renewable energy companies are selling electricity at market prices.

French chemicals giant Arkema SA has signed a 20-year PPA with EDF Renewables for 400 GWh of solar-powered electricity yearly, securing 70% of Bostik's domestic electricity needs. It's part of Arkema's commitment to reduce CO2 emissions and support a more sustainable economy.