News

The Biden Administration has proposed modernizing solar permitting rules on federal lands to accelerate environmental reviews & encourage early public engagement, reducing delays & pollution in underserved communities - part of the President’s Permitting Reform Agenda.

This research breakthrough makes it possible to develop water-stable perovskites for perovskite solar cells. An innovative additivization strategy was used to achieve this, with the lowest formation energy for a 3C phase with exceptional stability against water infiltration, humidity and thermal stresses. A game-changer for solar cells!

China has unveiled the world's largest Salt-Light Solar Power Station in Tianjin with enough capacity to power 1.5 million homes and 13sq km of double-sided solar panels that cool the salt water for ideal shrimp farming conditions. Similar projects in other countries are revolutionizing the agro-fishing industry with solar power.

Solar financing company Bright, funded in part by Leonardo DiCaprio, raised USD 31.5m to help customers reduce costs and automate workflow. Founded in 2014, Bright has installed over 30MW of solar and serves 4,700 customers.

Avangrid is building a 321 MW solar farm in Texas, scheduled to become operational in 2025. It's first in the state and will provide renewable energy to US tech company Meta Platforms Inc. Avangrid is the third largest renewable energy operator in the US.

Prosolia Energy secures €255 million debt financing from US investor EIG, to rapidly expand solar energy activities in Western Europe. Finergreen advises Prosolia as they increase their influence in the solar energy industry.

Encavis and Badenova form new company, Encavis Energieversorger I GmbH, to invest EUR 200 million in renewable energy projects, with a portfolio of 500 MW wind and solar systems. Open to more partners to reach 1 GW by 2035.

Enphase Energy Inc. has announced its second U.S. factory partnership with Foxconn in Wisconsin. Learn about the Q2 earnings report, shipments from U.S. contract manufacturers, and net IRA benefit of 1.6 million. Third U.S. contract manufacturer shipments to start in Q3 2023.

Aviva Investors acquires initial 35% stake in Italian renewable energy firm Innovo Renewables, with plans to increase to 50% and support the development of renewable energy projects across Europe.

First Solar and Matrix Renewables have come together to deliver 2.1 GW of advanced thin film modules to power projects in the US and Spain. First Solar's technology is low-carbon and EPEAT-approved, with US and India factory expansions along with framework agreement with Energix Renewables. Responsibly powering the future!

ReNew Power Pvt Ltd and Gentari Sdn Bhd join forces to invest in renewable energy projects in India, with a total capacity of 5 GW and plans to develop 30 GW by 2030. ReNew also aims for net-zero status by 2040.

SUNfarming invests $150 million in a 72,400 MWh solar farm, scheduled for completion by 2022. Get the latest details on this ambitious project.

Clearway Energy Group has closed a 147-MW/588-MWh battery energy storage system project in California's Kern County. Financing came from a consortium of lenders, HASI, Clearway Energy Inc, and a committed tax equity investment. SCE will purchase the energy storage capacity to help improve grid reliability. SEO writer with 10 years experience.

A French-Egyptian consortium is exploring the potential of building two solar energy plants to serve Egypt's metal and aluminum industry. Orascom Construction PLC and Engie met with Egypt's public business sector minister to discuss the renewable energy projects, which could further the country's renewable energy goals.

Malaysia's groundbreaking renewable energy plan is expected to bring increased investment and regional energy security, with 6 billion ringgit invested in Southeast Asia's largest solar hybrid facility. Tenaga, Malakoff, Sime Darby Property and Petronas are working together to achieve the 70% capacity target by 2050.