News

Trina Solar and Voltalia have partnered to build Karavasta Solar, a 140MW solar project in Albania. Funded by EBRD, the project is expected to generate electricity and employment to the local community, with 1% of the total investment going towards social initiatives.

NorSun has raised 8.6 million dollars to fuel its growth projects in Europe and the US. Statkraft Ventures, Ardal Energi, Nysno Klimainvesteringer, and more, have subscribed to the capital. NorSun plans to build a 5GW production facility in the US and 3GW expansion in Årdal, Norway, funded in part by the EU Innovation Fund.

CIMIC Group's unit Pacific Partnerships acquires rights to develop 300-MW DC solar project in Queensland, capable of providing power for around 100,000 average-sized homes. Juan Santamaria notes Queensland is strategic focus for their diversified energy and utilities portfolio. Engineering, procurement and construction to be managed with an aim to commission in 2026.

Penn State scientists have found a cost-effective way to harness nature's wisdom to make more efficient, stable solar cells using perovskite material and synthesized biomolecules. Create larger devices without sacrificing efficiency or sunlight-to-electricity conversion.

Researchers at Chonnam University in South Korea have developed a new type of solar cell with 21.59% power conversion efficiency. Anti-solvent free hot-air method was used to fabricate the prototype, leading to 18.43% efficiency when scaled up. This could pave the way for widespread use of perovskite solar cell modules.

Sungrow, a global leader in inverters and Energy Storage Systems (ESS), recently signed a milestone deal with EDF Renewables Israel to deliver 127MWh of cutting-edge liquid-cooling storage systems, PowerTitan. With a 40% market share in Israel, Sungrow is looking to record strong profits and revenues this year. The PowerTitan system is designed to maximize efficiency and reduce expenses. EDF Renewables Israel currently operates 33 projects in the country, with an installed capacity of 572 megawatts.

Greece's Regulatory Authority for Energy (RAE) has successfully allocated 411.8 MW of projects from 93 proposals, surpassing the 400 MW target for the first BESS tender. 12 projects from 7 developers will receive financial aid for investment and operation over a 10 year period. Projects are expected to be operational by the end of 2025.

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UK unveils groundbreaking 100MW hydropower-storage partnership, providing clean energy solutions for a greener future.

Unlock the power of the sun with Electrify America's 75MW Solar Glow, the largest solar energy project in the US. Get clean, renewable energy today!

BayWa r.e. demonstrate their commitment to Australia’s solar industry with the launch of their new solar portfolio. A comprehensive range of solar solutions for all needs.

Siemens builds 800MW US inverter factory, providing reliable and efficient energy solutions for industry and commercial applications.

Mytilineos SA has confirmed its participation in Greece's first energy storage tender – offering a 48MW/96MWh unit in Central Macedonia. Construction and operation is expected to complete by mid-2025. Over 3.3GW was offered for the 400MW round & Mytilineos is looking to participate in future tenders. 618MW of renewable power plants already in Greece & abroad.