News

Intersect Power LLC closes up-to-USD-800-million revolving corporate credit facility to fund renewable energy & storage production, green hydrogen projects, and 2.2 GW of solar & 1.4 GWh of storage capacity. A consortium of Deutsche Bank, Nomura & Santander serve as Coordinating Lead Arrangers.

Primoris Services Corporation is a leading specialty contractor providing critical infrastructure services in the US and Canada. With 10 years of experience, it has recently secured 3 utility-scale solar facilities estimated at 1.4GW with an estimated value of USD 770 million. Starting in Q3 2023 and Q3 2025, these projects join 2 other renewable energy projects valued at more than USD 200 million.

Maxeon Solar Technologies' $70 million investment in a Mexicali solar panel manufacturing plant has increased annual production capacity to 1.8 GW, with plans for a US manufacturing hub in the works. Discover the details of this tariff-free supply for the US market.

The University of Oxford and the University of the Basque Country have made a breakthrough in the development of perovskite solar cells. Through the use of an additive, the cells have 25.7% efficiency, improved air stability, and longer longevity. Read on to discover more.

Glennmont, Nuveen, Ilmatar, Alfen and Piiparinmäki team up to construct a 30MW battery storage project in Central Finland. This project, powered by Alfen's TheBattery Elements, will provide 41MWh of energy and become operational in 2024. Invest in renewables and maximize opportunity with Glennmont.

Atrato Onsite Energy has signed a Power Purchase Agreement (PPA) with OVO Energy, providing a three-year revenue stream and delivering 49GWh of clean energy per annum and saving 9,500 tonnes of CO2 emissions. Atrato Partners, led by Gurpreet Gujral, is proud to be supplying one of the UK's largest electricity suppliers.

Montenegro giving green light to two major solar power projects with investment of EUR 200 million. Generating 219.9 GWh of electricity annually, the projects could help meet the country's renewable energy targets. VAT on solar panels reduced to attract investments.

French energy group TotalEnergies SE and Petronas have signed an agreement to develop a 100-MW solar project in Queensland, Australia. The Pleasant Hills project will reduce emissions of the Gladstone LNG plant, in which both companies are minority shareholders. This marks the first implementation of the strategic collaboration agreement in the APAC region.

EDF Renewables UK has been granted approval from the UK government for its 500 MW solar project in Essex. Construction is projected to begin in 2026, with power to the grid in 2028. Furthermore, research into the potential benefits of large-scale solar on biodiversity and wildlife in the UK will be conducted.

China has started the world's largest hydro-solar power project in Sichuan province: the 10,000 MW Kela Photovoltaic Power Station, aiming to provide clean energy to the Sichuan-Chongqing region. China is pushing ahead with its clean energy plans, developing 100 GW of wind and solar energy in Western China and manufacturing equipment locally.

Statkraft has been awarded a contract to build a 47 MW solar power plant and 16 MW battery storage facility in Zerbst, Germany. This project, expected to commence in summer 2025, will provide energy to power around 14,000 households. Part of Statkraft's ambitious growth targets, the firm also secured a 500 MW offshore wind project in Ireland.

RWE has commissioned Puerta del Sol, a 44MW solar farm featuring 133,000 photovoltaic modules in Guadalajara, Spain. Discover how RWE is leveraging innovative technologies like bifacial modules to make the most of the Spanish sun and reach their energy transition targets, bringing their current total solar capacity in Spain to 140MW.

Explore the potential of cost-effective perovskite solar cells. Researchers from multiple institutions have developed an alternative to using costly metals with a nickel-doped graphite layer and a bismuth-indium alloy layer, enabling a simple painting process for low-cost fabrication. With the potential to reduce manufacturing costs by up to 1000x, solar energy may become more accessible.

EDF Renewables energises 20-MWp floating solar PV plant in France, covering 24.5 ha with 50,000 PV panels and enough to provide electricity to 12,500 residents. Expansion plans in the region include four more solar plants for 85 MW by 2023.

BayWa r.e. and Goodman Group have agreed to build 18 MWp of rooftop solar capacity at Marl Logistics Centre, Germany's largest single-roof solar system. 43,000 modules will be installed by end of 2023. This project is part of Goodman's target to reach 400 MWp of PV installed globally by 2025. 24 projects and 60 MWp installed this year.