News

Enel Green Power (EGP) has signed a deal with INPEX Corporation to sell a 50% stake in its Australian subsidiaries for €400 million. The transaction will positively impact EBITDA in 2023 and net debt in the long run. EGPA's portfolio includes solar and wind projects, plus innovative retail and trading solutions. Closing is subject to clearance from authorities.

FMPA and Origis Energy partner to expand Florida Municipal Solar Project to 600 MW, providing low-cost, reliable solar power to 20 municipal electric utilities by 2026. Cost-effective for customers and greener for the environment.

Italian startup Barrel has developed a solar and storage solution that comes in an "oil" barrel. Get up to 6 kW of output, 5.6 kW hybrid inverter and 3.55 kWh Li-ion battery for $3,300. Perfect for powering large apartments and already sent to conflict zones and remote areas.

Sumitomo Corporation and Rio Tinto partner with Australian Government's ARENA to build 2.5 MW on-site electrolyzer in Yarwun plant, Gladstone, Australia. This project is expected to reduce CO2 emissions by 3,000 tonnes per year and provide an opportunity for the use of hydrogen in calcination process at scale globally. Construction to begin in 2024 and complete by 2025.

NIPSCO, a NiSource Inc. subsidiary, has brought 465MW of solar parks online in Indiana. EDPR NA developed and installed them, which will bring in $101 million in tax revenue over 35 years. 75MW of battery storage capacity will accompany them, along with the retirement of the R.M. Schahfer coal-fired plant in 2025. NIPSCO's commitment to benefit customers includes going coal-free by 2028 and cutting their carbon footprint by 90% by 2030.

Solaris Energy has started construction on a 436-kW rooftop and carport solar project in Tucson, AZ, with financing, installation, and a lower electricity rate provided for the Icon Apartment Complex. This project provides shade to tenants and exemplifies Solaris Energy's commitment to sustainability. Partnering with Break of Day Capital, Solar Gain, and the Icon Apartment Complex, Alex Blackmer, Solaris Energy's CEO, is proud to bring this solar project to Tucson.

Trina Solar, a leading solar module manufacturer, has signed an 800MW supply deal with Aquila for PV panels to be used in Southern Europe. Projects are due for delivery in 2023 and 2024. More collaborations are possible in other markets.

Britvic and Atrato have signed a 10-year PPA for energy from a 28MW solar farm. 75% of Britvic's GB operations will be powered by the solar energy, and a CPPA in Ireland provides 100% renewable electricity for Ballygowan. The project is expected to be commissioned in 2024.

Morocco's Masen announces pre-qualification of six consortiums to construct 400 MW solar plant in the Atlas Mountains aiming to reduce dependence on fossil fuels. Leading consortiums include Cobra, EDF, Enel, Iberdrola, International Power and Acwa Power with a two-hour storage capacity. Morocco's goal is to reach 80% renewable energy by 2050, and Noor Midelt II is a major contributor to that effort.

Queensland Govt announces $62 billion plan to create 12 REZs, transition to 80% renewable energy by 2035, reduce energy prices, create jobs & protect habitats.

Solar module prices appeared to be at a bottom, with solar cell prices increasingweekly and wafer prices being cut by suppliers. Prices in 2023-24 are expected to rise beyond 22c/watt, signaling a market recovery.

Ameresco Inc wins a 20-year deal to build a 78.3-MW/313.34-MWh battery storage system for Colorado’s United Power. This project is estimated to be completed in 2024 and will enable efficient storage and dispatching of power during peak times.

Elgin Energy has sold a 100 MW PV portfolio of solar projects in UK to Pennon Group, estimated to require GBP 85 million investment. These projects are projected to generate low-cost electricity and contribute to UK's net-zero emissions by 2050. Also, Elgin sold 521 MW of solar & 70 MW of battery projects in 2020, to be operational by 2025.

Experience the world's top tandem solar cells with record efficiency values of up to 33.7%. Expert teams from the Helmholtz-Zentrum Berlin (HZB) and other research institutes are now making these technologies available in principle and potentially low cost.

The California Energy Commission's approval of the EG4 18kPV marks an important milestone in the development of efficient and reliable solar energy solutions. This all-in-one, scalable unit offers smart monitoring, whole house backup, and more. Experience the perfect choice for your cost-effective solar energy solution.