News

BlackRock has raised $500 million to build the largest grid-scale battery project in the Southern Hemisphere, with 850 megawatts and 1680 megawatt-hours of capacity. Rio Tinto is also increasing demand for battery metals to meet the goals of the Glasgow Climate Pact.

50MW solar development in North Yorkshire approved despite Council's refusal. Inspector noted benefit of immediate grid connection, contribution to renewable energy goals & biodiversity net gain. Costs awarded as Council failed to provide evidence to support refusal.

Solarpack, a Spanish developer, has signed a 10-year power purchase agreement with Shell Energy Europe, providing 105 gigawatt hours of clean energy a year. BBVA is financing the €38m project to support their commitment to sustainability and renewable energy, reinforcing Solarpack's presence in Europe. Shell Energy Europe is excited to be part of this transition to renewable energy, increasing Solarpack's installed capacity to 14,156MW worldwide.

Ampyr Solar Europe acquires a 390MW UK solar-storage portfolio, with five projects located in Somerset, Worcestershire, County Durham and Moray, Scotland. With 1.8GW in total, Ampyr Solar Europe and Tyler Hill are committed to delivering high-quality projects that are cost-effective and support local community development.

Assystem has been appointed by NEOM to conduct pre-development studies for seven potential solar photovoltaic parks in Saudi Arabia, potentially producing 20GW of energy across 420 square kilometers. Assystem will provide site assessment, environmental impact, permitting reports and more for this renewable energy project.

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.