News

Waaree Renewable Technologies secures a INR 5.48bn contract for a 335 MW solar project, adding to their impressive unexecuted order book of 1.16 GW.

French utility company Veolia is set to deploy 300 MW of solar power capacity at restored landfill sites, aiming to make its services energy self-sufficient and generate electricity for 130,000 residents.

Sonnedix secures €260m green loan for solar power projects in Italy, marking one of the largest financing agreements in the country this year. CEO Axel Thiemann emphasizes the company's commitment to Italy's renewable energy market and the urgent need for energy transition.

Renewables developer Naturgy partners with LONGi for solar modules in Spain, showcasing their ambition for renewables and the efficiency of LONGi's technology in competing with traditional power sources.

Brookfield Asset Management raises $10 billion for its second Global Transition Fund, targeting clean energy expansion and sustainable solutions, led by Mark Carney and Connor Teskey.

Researchers at Chung-Ang University in South Korea have discovered that high-concentration electrolytes can improve the efficiency of lithium-ion batteries, making electric vehicles more practical and eco-friendly.

Westbridge Renewable Energy Corp plans to expand its European portfolio with two solar projects in Italy, adding 62 MW of power generation capacity, as it aims to diversify its presence and tap into Italy's promising renewable energy market.

Greek energy company Mytilineos secures financing for 588MWp solar portfolio in Chile, with DNV's advisory role playing a crucial part in achieving this milestone. The projects are expected to generate 1.6TWh of green electricity annually and reduce over 1 million tonnes of CO2 emissions each year. Enel Chile commits to purchasing most of the power produced through 10-year power purchase agreements.

Ginlong (Solis), the world's third-largest PV inverter manufacturer, secures improved bankability position in the 2023 BNEF Inverter Bankability Survey, reflecting growing confidence in the brand among global solar industry players.

Octopus Renewables Infrastructure Trust (ORIT) expands its renewable energy portfolio with the acquisition of four solar farms in Dublin, Ireland, bringing its total capacity to 735MW. Microsoft commits to a 15-year Power Purchase Agreement for the electricity generated. ORIT also plans to invest in offshore wind with a £3 billion fund.

LONGi's solar modules will power Naturgy's 2024 solar projects in Spain, offering efficient performance and durability in high heat conditions. A long-term partnership that showcases technological leadership.

Researchers discover liquid crystals' temperature-responsive properties, improving efficiency of perovskite solar cells by 22% and paving the way for larger-scale renewable energy generation.

India's booming solar industry faces concerns over forced labor in Chinese components, as US ban creates opportunity for Indian producers to expand market share.

Danish renewable energy company Better Energy secures funding from Jyske Bank for 200-MWp solar parks, powering 131,000 Danes. Collaboration with Industriens Pension continues to expand.

Neoen's Isbillen Power Reserve, set to be Sweden's largest energy storage facility, is underway. With Nidec on board, it's expected to go online in Q1 2025, providing vital frequency containment reserve services.