News

Experience the milestone of Germany's energy transition: Döllen solar park, commissioned by CEE Group and partner Goldbeck Solar, is a 154.77 MWp photovoltaic plant operational for one year. Financed by DAL Deutsche Anlagen-Leasing and supplied with solar modules by Astronergy. E.DIS Netz grid supplied with electricity from the transformer station in Schönhagen. Exceptional professionalism and commitment thanked by CEE Group.

Introducing the S80 Solar Scooter: an electric scooter with a solar panel for electricity generation, eliminating range anxiety. It has a range of 22 miles, GPS, digital panel and a top speed of 15.5mph. Now available in the US for $1,400. Release date yet to be announced.

UAE announces ambitious $54 billion investment in renewable energy sources such as hydrogen to achieve net zero emissions by 2050, in addition to appointing a new investment minister and establishing a financial stability council.

Stellantis NV is investing €100 million ($109 million) into its Mirafiori plant in Italy to reduce emissions and transition away from combustion engines. Improvements such as solar energy and ventilation, green initiatives, and rooftop solar panels and vegetation are part of CEO Carlos Tavares' plans, alongside job cuts in Italy, France, and Germany.

Renewable energy-powered metrogrid company Nuru has secured $40 million in Series B equity funding to construct 13.7 MWp of projects in the eastern Democratic Republic of the Congo, providing reliable and renewable energy to urban communities and promoting climate resilience and sustainable development.

French renewable hydrogen production co. Lhyfe and solar project dev. TSE collaborate to create 78 hectare industrial park 100% renewable energy, circular economy. 45 GWh of electricity/year generated via solar energy with help of electrolysers supplied by Lhyfe. Companies already interested in operating the site.

KAUST University in Saudi Arabia breaks new world record in efficiency of perovskite tandem solar cells with the help of MBRAUN systems, reaching 33.7% certified power conversion efficiency. This ultra-high performance photovoltaic technology is essential for fast green energy transition.

German energy group PNE AG to sell five 208MW solar projects in Romania to TotalEnergies Renewables. PNE commits to remain responsible for further project development until completion. CEO Markus Lesser expresses satisfaction at TotalEnergies' trust in PNE's expertise. Purchase price undisclosed. 510MW of wind and solar projects already sold, 1GW under development.

Empower Energies Inc. has completed a 7.6MW solar installation across a commercial office park in Columbus, OH, expected to generate 9 million kWh in its first year. The customer is a Fortune 100 and Empower has installed 32.7MW of solar projects and over 1GW of solar/storage projects nationwide.

Eolus has made an investment decision for its 100MW stand-alone battery storage project, Pome. Located in San Diego County, California, the project is set to come online in Q4 2024 with a capacity of 100MW/400MWh. It's part of a booming US market, following the Inflation Reduction Act, and makes up part of Eolus’s total project portfolio.

Experience increased production capacity with the opening of a new high-tech facility in 2021. The new plant will offer 10 GW cell production, 15 GW module production and 8 GW monocrystalline bar production.

Angola is set to develop photovoltaic electricity networks for rural areas with a EUR 1.3bn Standard Chartered Plc loan, bringing renewable energy to 203,000 households in 60 communities. Supported by German Export Credit Agency Euler Hermes, this project is a major step towards Angola's renewable energy transformation.

IIT Bombay team demonstrates a higher efficiency and greater stability in their solar cell tandem device, potentially leading to low lifetime costs for solar cells.

Tubesolar AG, a flexible perovskite developer, has filed an application for insolvency proceedings and appointed an administrator to initiate a M&A process. With a EUR 4.68 million capital increase in 2022, the company is continuing operations with assured salaries for its 140 employees.

General Motors acquires Algolion, an Israel-based software startup developing software that can detect potential hazards in battery cells. Algolion's software uses data-streams to identify abnormalities in cell performance, and GM has created a new organization to lead the acquisition and scout out emerging battery technology.