News

Energiekontor has reached financial close on a 60MW solar park in Brandenburg, Germany, with construction starting in Q3 2024 and 68GWh of green electricity generated in its 1st year of operation. It also has the option to develop solar parks with a total capacity of 225MW in Germany and France.

Victory Hill Global Sustainable Energy Opportunities (GSEO) completes phase 2 of the solar and storage hybrid system in Australia with the addition of a 4.95MW two-hour battery energy storage system. GSEO continues to optimize the grid connection for better renewable power availability.

Iberdrola and Vodafone have signed three Power Purchase Agreements (PPAs) to supply Vodafone with 410GWh of solar generated electricity. These PPAs will help both companies reach their net-zero targets and provide energy security. Three solar plants will be built in Spain and Germany with a capacity of 56MW by 2024. Both companies are committed to finding more sustainable energy solutions.

World's largest solar plant with 1 million kilowatt capacity connected to grid in Tianjin, China. Plant tilts solar panels at 17 degrees for improved efficiency while producing salt, solar energy and aquaculture - saving 500,000 tons of standard coal and reducing CO2 emissions by 1.25 million tons. Investment in China's new energy sector at $1.36 trillion with high growth expected.

Xcel Energy has received approval to build a 10-MW/1,000-MWh iron-air battery at its Sherburne coal-fired power plant in Becker, Minnesota. With 100 hours of energy storage, Breakthrough Energy Catalyst's USD-20-million commitment and Form Energy's Weirton, West Virginia manufacturing facility, this project marks the first of two iron-air batteries Xcel will install at retiring coal plants.

Akaysha Energy, owned by BlackRock Inc's Infrastructure business, has entered into a 10-year revenue swap and risk hedging deal for a 155-MW/300-MWh Lithium Iron Phosphate (LFP) cell technology Energy Storage System to be installed in Hopeland, Queensland. Mitigate revenue risks and expand the project in the future.

TotalEnergies and Sonatrach have signed a cooperation agreement to explore solar, hydrogen and low carbon energies in Algeria. The agreement also includes a R&D programme for the energy transition, as well as increased gas production.

CEE Group acquires a 103.5-MWp solar project from Ecorus Group in the Netherlands, increasing their solar portfolio to over 350 MWp. Fledderbosch solar park to be commissioned in 2022 with a 15-year fixed tariff under SDE++ support scheme. Ecorus responsible for EPC and first partnership between two companies.

Serentica Renewables has partnered with Greenko Group to utilise 1,500 MWhr capacity from upcoming projects in India, leveraged by investments from KKR. This landmark deal will enable Serentica to supply clean energy to hard-to-abate industries and reduce 37M tonnes of CO2 emissions.

Researchers in Thailand have developed a triple-cation perovskite solar cell for low-light applications with improved efficiency of up to 32%. VTA leads to dense, hard morphology and suppressed trap states, and could be adapted for various optoelectronic applications. Learn more in this article.

McDonald's India (North & East) has commissioned Delhi's largest solar power plant in Najafgarh with a capacity of 3.2MW. It is expected to reduce CO2 emissions by 3,822 tonnes annually and promote biofuel & biodiesel for ecological sustainability.

Discover the breakthrough findings of two new studies about highly efficient tandem solar cells using perovskite-silicon: a phosphonic acid additive to improve crystallization and an ionic liquid to enhance charge extraction, reaching up to 31.2% and 32.5% power conversion efficiencies.

Centrica Business Solutions acquires development rights to 65-MW battery storage facility in Scotland. This two-hour battery will provide enough clean energy to meet the demand of 130,000 homes. Scheduled for grid connection in 2028, it forms part of Centrica's drive to deliver 1GW of low-carbon energy.

Les Mousquetaires, a leading agri-food producer in France, have signed a 95 MWp photovoltaic PPA to supply electricity to 1,000 of their facilities. This is the second largest corporate PPA in France to date, and a major step towards their carbon footprint reduction goals.

First Solar Inc. secures USD 1 billion revolving credit facility from JP Morgan Chase Bank to finance expansion in India, Alabama, and Ohio. Facility enables company to open 3.4-GW DC production facility and R&D center, aiming to have over 20 GW DC of factories in 2026.