News

McDonald's India (North & East) has commissioned Delhi's largest solar power plant in Najafgarh with a capacity of 3.2MW. It is expected to reduce CO2 emissions by 3,822 tonnes annually and promote biofuel & biodiesel for ecological sustainability.

Discover the breakthrough findings of two new studies about highly efficient tandem solar cells using perovskite-silicon: a phosphonic acid additive to improve crystallization and an ionic liquid to enhance charge extraction, reaching up to 31.2% and 32.5% power conversion efficiencies.

Centrica Business Solutions acquires development rights to 65-MW battery storage facility in Scotland. This two-hour battery will provide enough clean energy to meet the demand of 130,000 homes. Scheduled for grid connection in 2028, it forms part of Centrica's drive to deliver 1GW of low-carbon energy.

Les Mousquetaires, a leading agri-food producer in France, have signed a 95 MWp photovoltaic PPA to supply electricity to 1,000 of their facilities. This is the second largest corporate PPA in France to date, and a major step towards their carbon footprint reduction goals.

First Solar Inc. secures USD 1 billion revolving credit facility from JP Morgan Chase Bank to finance expansion in India, Alabama, and Ohio. Facility enables company to open 3.4-GW DC production facility and R&D center, aiming to have over 20 GW DC of factories in 2026.

Duke Energy and Amazon have launched a 2-MW rooftop solar project in Northern Kentucky, providing clean energy to 400 homes and businesses. The project is part of Amazon's commitment to reach net zero carbon emissions by 2040. Duke Energy has three other solar sites in the region.

Ib Vogt has sold a 98MW portfolio of solar projects in Italy to French solar energy producer Rubis Photosol. This multi-gigawatt portfolio includes 10 PV and agrivoltaic projects in the Lazio region, two of which have reached ready-to-build status. With eight projects expected to reach RTB in the next year, this is Ib Vogt's first sale from its Italian portfolio. 380MW of additional projects are currently permitted.

Duke Energy agrees to sell its commercial distributed generation business to ArcLight, with an enterprise value of $364 million. Duke Energy to receive $259 million in proceeds to help achieve its goal of becoming a net-zero carbon company by 2050 with 30,000 megawatts of regulated renewable energy.

Sinopec is leading the way in renewable energy with a new hydrogen production facility in Kuqa, China, committed to reducing carbon emissions by 15% by 2030 and reducing 100,000 tons of emissions per year. Be part of the future with Sinopec!

President Joe Biden announces $60 million investment from Enphase Energy Inc. to create 1,800 jobs in US, including 600 in South Carolina, supported by $370 billion Inflation Reduction Act and $52 billion CHIPS and Science Act. Biden is joined by Flex CEO Revathi Advaithi and Enphase CEO Badri Kothandaraman on his trip to promote economic agenda.

Goldbeck Solar Group secures €44 million finance from RGreen Invest for the construction of 4 solar projects in Canada and Chile, totaling 93MWp. Supporting sustainability, the Canadian projects will run on merchant basis and Chile will benefit from PMGD programme.

Iberdrola has announced its first photovoltaic project in Germany. 56MWp of clean energy, 80,000 bifacial solar modules, 50GWh a year, 20,000 tCO2 savings and €5m in local taxes. Vodafone partnership takes Germany one step closer to the industrial energy transition.

CNOOC has connected to the grid its 40-MW onshore PV project located in the city of Hezuo, China. This unique project follows an "Animal Husbandry-solar Complementary Project" model, with a 6-MW/12-MWh energy storage system and racks to allow animal grazing. It is helping CNOOC achieve its green and low-carbon transition goals and supporting local development.

Woolworths agrees to 100% renewable energy supply deal in NSW and ACT with SmartestEnergy, covering 450 sites with power from wind and solar projects. Achieves goal of 100% renewable energy in two states by 2025.

This article looks at a firm's growth in solar energy production capacity, plus the successful delivery of 800 MW of 210mm Vertex modules to the 2 GW Al Dhafra PV Power Plant project in Abu Dhabi. Learn about the four key features that unlock a low Levelized Cost of Energy (LCOE).