News

Gresham House Energy Storage Fund energises West Didsbury 50MW battery in Manchester, England. Operational capacity reaches 690MW with revenue expected in December. Expansion to 100MWh in 2024 and 1.1GW/1.7GWh of projects by year end. Each megawatt/megawatt-hour capacity lowers cashflow and more commissioning announced soon.

INVL Renewable Energy Fund I secures EUR 25 million loan from Kommunalkredit Austria AG to back 451 MW of solar parks in Romania and Poland. Construction set to be completed by end of 2025.

Renew your power: R.Power Renewables, a Poland-based energy company, has purchased a 18-MWp solar project portfolio. 306 MWp projects sold and 471 MWp acquired since establishment with more planned. Discover this energy revolution!

Eneco is delivering a green revolution: 800-MW electrolyzer to produce 80,000 tonnes of green hydrogen annually for industrial customers. By 2035, the Netherlands will have 4GW of green production capacity - join the revolution now.

Swift Current Energy has confirmed a 20-year power purchase agreement to its huge 402-MW Solar project in Pennsylvania. This record-breaking NYSERDA procurement is the only project located outside of New York. Construction begins next summer, with commissioning expected 2026. Swift Current is also developing 1,000+ MW of solar and storage projects across former coal mines in PA.

Ignitis Group makes historic FID to build 239-MWp solar capacity in Latvia - largest ever such investment in Baltic states. EUR 178 million investment to increase green generation of Ignitis to 4-5 GW by 2030, construction to start in 2021.

Trina Storage has successfully completed the delivery of a 25-MW/50-MWh Battery Energy Storage System (BESS) in Tianmen, China. This hybrid solar-plus-storage site will generate electricity over fish ponds and offers 1500 VDC energy storage technology with extended battery lifetime. Get ready for cleaner electricity from this 400-MW site!

Solatio Energia is investing over BRL 100 billion to create an 11GW green hydrogen project in Brazil's Piaui state, producing 4,000 tonnes of hydrogen per day. It's an ambitious project to supply local industry and for export to Europe.

China Energy Investment Corp. and China Longyuan Power Group Corp. are investing $416 million to build the world's second largest renewable energy project. This 11-gigawatt power plant in Gansu province will reduce emissions and provide back-up energy storage. Construction will begin soon after government approval.

Breakthrough research at Northwestern Univ. yields record-breaking efficiency for perovskite solar cells. New dual-molecule solution solves electron losses from surface defects & interfaces, achieving 25.1% efficiency. Research builds on prior Nature paper.

Norwegian power company Statkraft AS wins the bid for Spanish infrastructure builder Elecnor SA's renewables unit Enerfin, valued at EUR 1.8 billion. Strengthening its operations in Spain and Brazil, Statkraft secures a share in 1,734 MW of wind and solar projects.

National Grid Renewables has begun construction of two Ohio solar parks, with a total of 167.5 MW capacity. The Ross Park (120 MW) and Fayette Park (47.5 MW) will use First Solar modules and reduce 145,000 tonnes of carbon emissions annually. Ross Park will generate USD 27 million in revenue for the county over 25 years, while Fayette Park will contribute USD 10.6 million.

GE Vernova & Alfanar form JV to develop 334MW of wind & solar projects in Spain; targeting ready-to-build status by 2025 & COD by 2027. Plans to explore battery & energy storage solutions.

Greenvolt is striving to be the first to get certified by the Portuguese govt in the near future. Discover the full story and see why this certification matters!

Pacific Green Technologies Inc has taken a majority stake in a 500-MW/2,800-MWh portfolio of BESS projects in Italy, with the CEO noting the move as part of their European expansion. Construction of the facilities to start in late 2025, with a 35-year operating lifespan.