News

Greenvolt Power Actualize is a joint venture focusing on large-scale solar projects in North America. The JV has signed contracts with a major US utility for 97-MW DC solar projects, generating enough to power 16,000 homes. Projects operational 2025-2026. Actualize Solar Partners has 30 GW of renewable power assets.

Dominion Energy is constructing a 100-MW solar facility with a battery storage component, expected to generate enough electricity to power over 37,000 homes. The project will commence late this year, and will result in USD 200 million in economic activity and two 1-MW solar carport arrays, 18 electric transit buses, 50 electric fleet vehicles and electric vehicle charging stations.

BESS Power Corporation secures USD 15M to develop 2.4 GW of utility-scale stand-alone energy storage projects; featuring the 407.55-MW Lund Storage Center in Texas, with additional projects in Arizona, Tennessee and New Mexico. Founded in 2022.

Join the Kladovo Solar Gate project and help Serbia become a leader in renewable energy. This proposed 300 MW solar photovoltaic plant is located 5 kilometres from the city of Kladovo and is in its early planning stages. Be part of a potentially revolutionary new energy source.

Researchers have identified two design strategies to minimize voltage losses and improve open-circuit voltage in ternary organic solar cells. Yuming Wang from Linköping University leads a team of researchers including those from Hasselt University, IMEC, and other institutes studying the origins of this loss of voltage. Results published in Nature Energy.

AGL Energy and Wärtsilä have completed construction of Australia's second largest battery storage system, the 250MW Torrens Island project, designed to help Australia transition to 100% renewable energy and achieve net-zero emissions. Constructed within 18 months, this collaboration between government, regulatory bodies and private sector proves to be a successful partnership.

Northvolt, a leading European battery manufacturer, has secured over $9bn in equity and debt to fund its European and North American expansion. Investor include Investment Management Corporation of Ontario, BlackRock, Canada Pension Plan Investment Board, OMERS, Goldman Sachs Asset Management, AP Funds 1-4, Folksam Group, ATP and Volkswagen Group.

Secursun, a German joint venture, has started construction of its portfolio of 1.1GW solar parks in Germany, with 7+ projects beginning this year & more to complete by 2026. Berlin-based Securenergy Solutions & Sunotec specialize in solar construction.

Alinta Energy is making progress towards a $100 million 100 MW/200 MWh big battery in southwest Western Australia. Co-located with a 380 MW gas and diesel-fired power plant, it is expected to support the SWIS and back-up energy capacity when needed. Shanghai Electric Power Design Institute and Sunterra will be responsible for delivering the battery. BlackRock and Eku Energy are investing up to $1 billion and $400 million respectively in big battery projects in Australia.

Solinftec's partnership with American cooperatives promises over 95% reduction in herbicide application for sustainable production.

Global new investment in renewable energy skyrocketed to $358 billion in the first six months of 2023, a 22% rise compared to the start of last year and an all-time high for any six-month period. This is based on the latest investment data from BloombergNEF’s 2H 2023 Renewable Energy Investment Tracker report, published on August 21, 2023.

Growatt unveils new MID 33-50KTL3-X2 inverter, designed to offer optimal energy conversion with efficiency of 98.8%, featuring 3/4 Maximum Power Point Trackers (MPPTs), 6/8 strings per inverter, and more. Reducing size and weight by 60%, the MID X2 series boosts DC/AC ratio and lower Levelized Cost of Energy (LCOE).

PAD RES secures €54 million investment from Polish Development Fund for two solar farms in Pomeranian Voivodeship with 117 MW capacity, 140 hectares coverage. Electrum chosen as general contractor to strengthen market position for energy transition in Poland.

European Energy is set to build a 115MW solar farm in Broceni, Latvia. Generating 120,000MWh of renewable electricity annually, this project will lead to reduced electricity and heating costs for citizens, helping Latvia transition to a greener economy. European Energy's portfolio of 1.5GW of renewable energy projects in Latvia shows their commitment to sustainability.

ACWA Power has reached financial close on two solar projects in Saudi Arabia with a combined capacity of 2.6GW. Investment totals US$2.37bn and commercial operations will begin in 2025, providing clean renewable energy as part of Saudi's National Renewable Energy Program.