News

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.

Scatec switches on 540-MW solar & battery project in South Africa -- a groundbreaking milestone in energy production, providing 150 MW of dispatchable power each day.

NSW's Renewable Energy Zone is set to get a boost with a 215-MW solar park & 50 MW/50 MWh battery storage facility, creating jobs and powering 78,000 homes - with strict measures to protect the local area.

Meta Platforms Inc is taking a giant step towards renewable energy, with the majority of energy supplied from a 300-MW solar park and the commitment to use 100% renewable energy, setting it up for net zero emissions.

Shell Plc announces deal to reduce stakes in two renewable energy projects in the US – 182 MW wind repowering project & 180 MW solar park project. Asset management & offtake rights retained, with transactions finalized by 2024 & eligible for IRA tax credits.

RWE AG scores big win with 66 MW of solar projects in Poland, making a major investment in the country's green portfolio. The move is part of its plan to invest EUR 55 billion net globally and grow its green capacity to 65 GW by 2030.

China is dramatically changing its power system to boost battery profits and reduce solar payments. 20 provinces and regions have adopted electricity rate regimes that will likely affect solar's economic outlook. With improved economics, China is expected to triple energy storage installations this year. Meanwhile, Australia is pressing China to remove trade impediments concerning live lobster and red meat.

Synergy's AUD-1.6-billion 500-MW/2,000-MWh CBESS will be one of Western Australia's largest battery projects, alongside France's Neoen SA's 219-MW/877-MWh Collie battery. The state's shift to renewables has begun!

Tilt Renewables marks a historic milestone with the launch of Australia's first privately-funded 100-MW/200-MWh BESS in Victoria's Latrobe Valley. The AUD 243 million project is expected to be connected to the grid by 2024 and provide much-needed energy support for peak periods.

Dubai has unveiled the world's largest CSP project, the 950-MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. With the tallest solar tower in the world at 263 metres, the project is investing AED 15.8 billion to reach a capacity of 5,000 MW by 2030.

Researchers in China have developed a graphite putty for use in perovskite solar devices - malleable, cost-effective and environmentally sustainable with impressive efficiencies of up to 20.29%.