News

RWE and PPC joint venture Meton Energy have made the final investment decision to build 3 solar projects totalling 259MW in northern Greece. Construction set to start in autumn 2021, with projects due to be operational by 2024. €196m investment provided by EU funds, finance from Alpha Bank, Eurobank & NBG, plus €39m in equity. Meton Energy & RWE developing solar farms with capacity up to 2GW in Greece.

Pathfinder Clean Energy plans to build a 45.48-hectare solar farm outside the village of Paulton in Somerset. Generating 26 megawatts of power, it will provide 10% of the 300MW needed to reach net zero in Bath and North East Somerset. Grazing sheep are welcome under the solar panels, and battery storage will store energy for peak times. A planning application is yet to be submitted.

Masdar and Citaglobal Bhd collaborate to potentially develop 2 GW of clean energy in the Malaysian state of Pahang. This agreement is part of a larger move by the UAE government to reach net-zero emissions by 2050 and bring new energy solutions to the region.

Explore Hybridkraft: a project funded by the German government to combine solar thermal & photovoltaics. Harness 1 megawatt solar-powered heater to increase efficiency & reduce energy costs for industrial applications.

Trina Solar has supplied 463.18 MW of Vertex 580 W modules with 210R technology to two hybrid hydro-solar power plants in Sichuan province, China. On July 7, Trina Solar led the standardization of module dimensions, providing comprehensive solutions to support the PV industry's growth and advance towards a net-zero future.

The Biden Administration has proposed modernizing solar permitting rules on federal lands to accelerate environmental reviews & encourage early public engagement, reducing delays & pollution in underserved communities - part of the President’s Permitting Reform Agenda.

This research breakthrough makes it possible to develop water-stable perovskites for perovskite solar cells. An innovative additivization strategy was used to achieve this, with the lowest formation energy for a 3C phase with exceptional stability against water infiltration, humidity and thermal stresses. A game-changer for solar cells!

China has unveiled the world's largest Salt-Light Solar Power Station in Tianjin with enough capacity to power 1.5 million homes and 13sq km of double-sided solar panels that cool the salt water for ideal shrimp farming conditions. Similar projects in other countries are revolutionizing the agro-fishing industry with solar power.

Solar financing company Bright, funded in part by Leonardo DiCaprio, raised USD 31.5m to help customers reduce costs and automate workflow. Founded in 2014, Bright has installed over 30MW of solar and serves 4,700 customers.

Avangrid is building a 321 MW solar farm in Texas, scheduled to become operational in 2025. It's first in the state and will provide renewable energy to US tech company Meta Platforms Inc. Avangrid is the third largest renewable energy operator in the US.

Prosolia Energy secures €255 million debt financing from US investor EIG, to rapidly expand solar energy activities in Western Europe. Finergreen advises Prosolia as they increase their influence in the solar energy industry.

Encavis and Badenova form new company, Encavis Energieversorger I GmbH, to invest EUR 200 million in renewable energy projects, with a portfolio of 500 MW wind and solar systems. Open to more partners to reach 1 GW by 2035.

Enphase Energy Inc. has announced its second U.S. factory partnership with Foxconn in Wisconsin. Learn about the Q2 earnings report, shipments from U.S. contract manufacturers, and net IRA benefit of 1.6 million. Third U.S. contract manufacturer shipments to start in Q3 2023.

Aviva Investors acquires initial 35% stake in Italian renewable energy firm Innovo Renewables, with plans to increase to 50% and support the development of renewable energy projects across Europe.

First Solar and Matrix Renewables have come together to deliver 2.1 GW of advanced thin film modules to power projects in the US and Spain. First Solar's technology is low-carbon and EPEAT-approved, with US and India factory expansions along with framework agreement with Energix Renewables. Responsibly powering the future!