News

Arctech's solar trackers power Uzbekistan's largest solar installation, contributing to the country's goal of carbon neutrality by 2050. Chinese companies like CEEC are driving renewable energy development in Central Asia.

Key Capture Energy LLC has sold investment tax credits for 120 megawatts of battery energy storage systems in New York and Texas, monetising the projects for immediate use. SK E&S's Key Capture is currently constructing 623 megawatts of energy storage with another 9 gigawatts in development.

Ciel & Terre is leading the way in floating solar, with the construction of an 11-MWp power park in France. Utilizing its innovative Hydrelio aiR Optim technology, this project will be part of a 100-MWp portfolio across Europe this year.

Quest Holdings Group furthers its renewable energy investment with the acquisition of a 4.48MW solar PV park in Greece, adding to its total 39.3MW capacity and cementing its position as a leader in the Greek energy market.

Golden Solar's groundbreaking vertical integration has resulted in the launch of its perovskite/hybrid BC tandem solar cells, offering a conversion efficiency of 33.94%. A revolutionary step forward in renewable energy, now available to the C-end market with flexible awning for RVs.

GreenIT, a joint venture of Plenitude and CDP Equity, has signed an agreement with Galileo for 8 solar projects totaling 140MW in Italy. This €1.7bn Industrial Plan will contribute to GreenIT's portfolio and enable Galileo's European expansion.

Arctech and Alpon Energy have formed a strategic alliance to expand solar energy solutions in Turkey and beyond. Leveraging both partners' expertise, the agreement promises tailored solutions for regional demands, driving mutual growth in the solar energy market.

Adelaide-based Tindo unveils plans to build a $90-100 million "gigafactory" in Australia, backed by federal government support. The ambitious project relies on ARENA funding, state initiatives, and the 2022 IRA. With the right support, Australia's last remaining solar panel producer can kick start a domestic upstream supply chain.

Greece's RAAEY is launching a tender for 200MW of renewable energy projects in Bulgaria & Italy. Solar projects of 1MW & wind schemes of 6MW can bid & sell their output daily on the Greek day-ahead market. Deadline to apply is March 11. Winners announced April 25. Commission capacity in 30/36 months. Promoting pan-EEA energy project development.

Indian green energy leader Evergreen Renewables announces 400 MW hybrid renewables project in Gujarat with an investment of INR 40 billion. This project will help Gujarat to achieve its goal of 50% renewable energy by 2030.

EDPR's sale of 80% stake in 340-MW US solar portfolio is an exciting move towards its EUR 7 billion asset rotation programme. This USD 400 million deal marks a quarter of its goal, and will shape the future of energy.

Badger Hollow solar park is now fully operational, supplying enough electricity for 90,000 homes each year. 500,000 solar panels make up the 300MW power plant, owned by MG&E, We Energies and Wisconsin Public Service. An exceptional feat in renewable energy, this park is a major milestone for lowering carbon emissions.

Spain made history in 2023: 50.4% of its electricity came from renewables, led by wind & solar. With ambitious goals, the government is pledging a 74% renewables mix by 2030.

Domestic US solar manufacturers are challenging the Biden administration to ensure fair access to the US market. Without the tariffs, Chinese trade cheats could benefit while US solar projects could risk potential delays. Stockpiles of solar panels may soften the blow.

In late 2023, EV battery prices dropped drastically, oversupply and weakened demand driving prices down 50%. From December to December, LFP battery cells suffered the biggest price reduction, 10.1%, and the electric vehicle market is projected to continue growing. Will things stabilize in 2024?