News
Green Genius Raises €6.9M to Power Brewery with Solar
Green Genius & Citadele Bank join forces to power Svyturys-Utenos alus brewery - 100% Renewable Energy. A 6.9 million euro financing agreement to install solar power plants & energy-as-a-service solution to meet electricity needs. 2.6 million euro funded by European Climate, Infrastructure & Environment Executive Agency.
Oct 30, 2023 // Markets & Finance News, Europe, Lithuania, Green Genius
Kyushu Electric, Enfinity Partner on 400-MW US Solar Reserves
Enfinity Global Inc. sells 40% stake in 400-MW solar portfolio to Kyushu Electric Power Company. 28 solar power plants across US states California, North Carolina and Idaho part of the deal, Enfinity retains majority interest and long-term asset management. Part of Enfinity's strategy to expand in the US, $316.2 million secured from asset manager, PPA with Italian utility.
Oct 27, 2023 // Markets & Finance News, Enfinity Global, Kyushu Electric
SocGen backs 21-MWp Solar for Corsica Sole
Societe Generale SA provides financing for 21MWp solar portfolio across mainland France & overseas territories. 17 projects to generate 18GWh of electricity a year, with one project supplied by corporate PPA. Construction begins 2020, ending 2024.
Oct 27, 2023 // Markets & Finance News, France, Europe, Societe Generale SA
Green Genius Scores EUR 9.5m for Romanian Solar
Green Genius set to receive USD10m to develop solar power projects in Romania. INVL's Renewable Energy Fund to contribute EUR52.9m to the effort of 500MW solar farms in 2025. Get the full story on Green Genius' ambitious energy project.
Oct 27, 2023 // Markets & Finance News, Europe, Green Genius, Romania
ABF Breaks Ground: Tucson's 1-GWh Battery Factory
ABF's 1-GWh battery cell plant promises 1,000 jobs and $1.2 billion investment to Pima County's Aerospace Research Campus.
Oct 27, 2023 // Manufacturing News, Storage, USA, North America, ABF
III-V Solar Boost: NREL's 27% Efficiency Breakthrough
Revolutionary record-breaking efficiency of 27% achieved in GaAs heterojunction solar cell by scientists at NREL. Combining computational and experimental methods to optimize doping and bandgap reduced the effects of defects. This breakthrough is applicable to multiple materials and levels of defect concentrations.
Oct 27, 2023 // Technology, NREL, solar cell, efficiency
Masdar Powers Caspian Renewables with Azerbaijan Pact
Masdar, owned by Abu Dhabi government, signs agreements to construct 1GW solar & wind power capacity in Azerbaijan. Garadagh Solar Park is now inaugurated, producing enough electricity to power 110,000 homes. Masdar plans to double capacity this year aiming for 100GW of gross capacity to aid UAE's net zero carbon emissions by 2050. Adnoc expands presence in Azerbaijan with 30% equity in Absheron natural gas field.
Oct 27, 2023 // Markets & Finance News, Masdar, Europe, Azerbaijan
Electric Trailers: Tesla Alums Shake Up RVing
This new breed of electric travel trailer is set to hit the market in 2024. Developed by ex-Tesla and Apple staff, the trailer features long-lasting batteries, solar panels, and autonomous hitch capability. Perfect for remote work, energy backup, and camping, these trailers range from $109k to $151k. Get ready to hit the road and go off the grid.
Oct 27, 2023 // Transport, TESLA
LEAG's Solar Park Boxberg: Green Energy for Germany
LEAG's Boxberg solar park is set to provide 26 GWh/year of clean energy to eastern Germany. With partner EP New Energies, LEAG is part of the Gigawatt Factory initiative investing EUR 10 billion to add renewable energy to the region by 2030. Don't miss the construction of this 24.8 MWp solar park!
Oct 26, 2023 // Plants, Large-Scale, Commercial, Germany, Europe, PV Power Plant, LEAG
Growatt Earns Solar Loan Financing Approval
Growatt's MIN 3000-11400TL-XH-US inverter approved by Goodleap, Sunlight Financial, Enfin, Bright Oak and Sungage - creating secure financing options for customers and installers and unlocking maximum energy production.
Oct 26, 2023 // Inverters, Growatt
Husk Power Raises $103M for World's Biggest Mini-Grid Expansion
Husk Power Systems raises $103 million to expand their award-winning mini-grids to India, Nigeria, DRC, and other African countries. Solar and battery mini-grids will bring affordable, reliable power to households and small businesses. STOA Infra & Energy SAS leads investment round.
Oct 26, 2023 // Markets & Finance News, Grids, India, Asia, Africa, mini-grids, Husk Power
Exploring U.S. Solar PV Prices: NREL 2023 Benchmarks
Discover how the Inflation Reduction Act (IRA) influenced the US photovoltaic market in the past year, including significant cost reductions for residential systems and benchmarking of Community Solar. Get the new bottom-up PV and storage cost model from NREL and the Department of Energy.
Oct 26, 2023 // Markets & Finance News, USA, NREL, North America
Gresham House, UKIB: Powering the Renewable Revolution
Gresham House and UKIB join forces to invest £140m in renewable energy and storage projects across the UK. Centrica and UKIB commit £65m cornerstone investment, Gresham House SIRES launch with 50MW solar and 75MWh battery storage project in Hartlepool. Unlock bigger revenues with renewable projects and energy storage!
Oct 26, 2023 // Storage, UK, Europe, Gresham House, UKIB
EDPR Unveils AZ Solar-Storage Miracle
EDPR NA DG's 23.27MW solar-storage project in Arizona for Mohave Electric Cooperative (MEC) provides renewable energy, peak period mitigation and greater reliability for the community. Join the ribbon-cutting ceremony and tour on 25th October!
Oct 26, 2023 // Plants, Storage, USA, North America, EDPR
Trina Powers Coal Mine with Vertex N 700W Modules
Vertex N 700W & 670W solar modules used in 2 GW project to make most of land resources. 960k tons of coal saved, 2.62m tons of CO2 emissions reduced annually. Utilize solar power tailored to local conditions in Ningxia, China.
Oct 26, 2023 // Manufacturing News, Plants, PV module, Trina Solar, Vertex N
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