News
TAILG Unveils Advanced Sodium-Ion Battery Tech in China
TAILG's new sodium-ion battery technology revolutionizes electric two-wheelers with extended warranties, long-range capabilities, superior low-temperature resistance and enhanced safety. Get the latest now, available in China!
Dec 29, 2023 // Technology, Storage, China, Asia, TAILG
DMEGC's "Infinity" Modules: 25.5% Efficiency
DMEGC Magnetics Co Ltd introduces two cutting-edge module series for residential and power plant sectors. TOPCon cells with up to 25.5% efficiency, 430-620W power range, PFAS-free, RoHS/REACH-certified and IEC TS 63209-1:2021 compliant. 100% renewable energy-powered modules available worldwide.
Dec 28, 2023 // Manufacturing News, PV module, efficiency, TOPCon cell, DMEGC Magnetics Co Ltd
SKY Perfect JSAT Expands Solar Forecasts Worldwide
SKY Perfect JSAT is launching its "Solar Meilleur" service in Europe to help solar power plants predict solar radiation & generate yield forecasts using weather satellite data & AI-supported devices. "Solar TAMAGO" will help traders in Europe take advantage of short-term solar power trading opportunities.
Dec 28, 2023 // Technology, Japan, Asia, SKY Perfect JSAT
80 MW BESS Funds Secured in Texas
On.Energy has secured $40 million in funding to launch an 80MWh battery energy storage portfolio in Texas. This portfolio will support the ERCOT grid and is set to be commissioned in 2024. On.Energy is working on a 1GWh pipeline of energy storage systems to be operational by 2025.
Dec 28, 2023 // Markets & Finance News, Storage, USA, Texas, North America, On.Energy
Masdar Seals $4bn Wind, Battery Projects in Uzbekistan
Masdar to invest USD 4 billion in Uzbekistan for 2 GW wind farm and 1.15 GWh of storage capacity, enough to power 1 million homes. A further 1.4 GW of solar and wind projects also to be connected to the power grid.
Dec 28, 2023 // Plants, Storage, Masdar, Asia, Uzbekistan
China Electric Power to Power 10-GW Solar in Egypt
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.
Dec 28, 2023 // Plants, China, Asia, Africa, Egypt, PV Power Plant, China Electric Power
First Solar to Sell $700M IRA Tax Credits to Fiserv
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.
Dec 28, 2023 // Markets & Finance News, First Solar, IRA
Mozambique: Globeleq Invests in Solar, EDM Retains Stake
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.
Dec 28, 2023 // Plants, Africa, Mozambique, PV Power Plant, Globeleq
Rubis Photosol Secures EUR 60 Million for 67-MW French Solar Portfolio
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.
Dec 27, 2023 // Plants, Large-Scale, Commercial, France, Europe, PV Power Plant, Rubis Photosol
Statkraft Starts 42.2-MW Solar Farm in Spain
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.
Dec 27, 2023 // Plants, Large-Scale, Commercial, Spain, Europe, Statkraft, solar farm
MEC Group Acquires 51% Stake in EnergieSun
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.
Dec 27, 2023 // Rooftop PV, Germany, Europe, MEC Group, EnergieSun
Monte Plata Solar: Caribbean-Based MPC Reaches Fin Close
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.
Dec 27, 2023 // Plants, Large-Scale, Commercial, PV Power Plant, MPC Caribbean Clean Energy Fund
Unveiling Photovoltaic Secrets of OIHPs
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.
Dec 27, 2023 // Technology, solar cell, efficiency, RIKEN
Iberdrola Pioneers Spain's First Hydro-PV Hybrid
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.
Dec 27, 2023 // Plants, Large-Scale, Commercial, Spain, Iberdrola, Europe
Adani Green Secures Power for 8GW of Solar Projects
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.
Dec 27, 2023 // Markets & Finance News, Adani Green Energy
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