News

New research from the Netherlands has led to the creation of a monolithic perovskite-PERC tandem solar cell with a tunnel recombination junction, achieving an efficiency of 23.7%. This technology is expected to be beneficial for scaling up to larger sizes.

Engie, a global energy company, has signed a binding agreement to acquire Broad Reach Power, a US energy storage company, to support 10GW of battery capacity globally by 2030. Completion expected by end of 2023.

Avangrid has announced their first solar project in California: the 44MW Camino Solar to be constructed by Cupertino Electric in Kern County. It will create jobs, generate local taxes, and bring clean energy to the area. Pedro Azagra, Avangrid CEO, calls it a necessary step to address climate change.

Solar AI Technologies, a Singaporean startup, raises $1.5 million to make solar energy more accessible & affordable in Southeast Asia. Rent-to-own model for homeowners with monthly payments of $200, and maintenance/warranty coverage. Three times more web traffic than competitors. Expanding to Malaysia & Philippines.

Atea, an IT infrastructure supplier, has signed a 10-year Power Purchase Agreement with Better Energy to purchase 70GWh of renewable energy from their new solar project in Denmark. Atea shows their commitment to reducing carbon emissions and supporting clean energy technologies. Better Energy is excited to welcome Atea to their partnership.

Jaguar Land Rover and Wykes Engineering join forces to develop a Battery Energy Storage System (BESS) with second-life EV batteries for sustainable energy storage in the UK. BESS will store up to 7.5MWh of energy with a smart inverter to manage energy supply and demand.

Greenbacker invests in Telyon to support its solar, storage, and EV charging projects. Telyon has a near-term dev. opportunity of 400 MW and a 1.2 GW pipeline. Greenbacker also acquired a 30-MW/120-MWh battery energy storage system in Imperial County, California. The new funds will help increase Telyon's capacity and reach.

GCL SI secures 1.1GW of N-type high-efficiency solar modules for SAEL Industries Limited in India, one of the biggest PV module procurements in recent years. GCL SI's new N-type cell factory in China provides additional capacity to meet SAEL's ambitious 2GW annual installation goal.

Greenvolt Power Actualize is a joint venture focusing on large-scale solar projects in North America. The JV has signed contracts with a major US utility for 97-MW DC solar projects, generating enough to power 16,000 homes. Projects operational 2025-2026. Actualize Solar Partners has 30 GW of renewable power assets.

Dominion Energy is constructing a 100-MW solar facility with a battery storage component, expected to generate enough electricity to power over 37,000 homes. The project will commence late this year, and will result in USD 200 million in economic activity and two 1-MW solar carport arrays, 18 electric transit buses, 50 electric fleet vehicles and electric vehicle charging stations.

BESS Power Corporation secures USD 15M to develop 2.4 GW of utility-scale stand-alone energy storage projects; featuring the 407.55-MW Lund Storage Center in Texas, with additional projects in Arizona, Tennessee and New Mexico. Founded in 2022.

Join the Kladovo Solar Gate project and help Serbia become a leader in renewable energy. This proposed 300 MW solar photovoltaic plant is located 5 kilometres from the city of Kladovo and is in its early planning stages. Be part of a potentially revolutionary new energy source.

Researchers have identified two design strategies to minimize voltage losses and improve open-circuit voltage in ternary organic solar cells. Yuming Wang from Linköping University leads a team of researchers including those from Hasselt University, IMEC, and other institutes studying the origins of this loss of voltage. Results published in Nature Energy.

AGL Energy and Wärtsilä have completed construction of Australia's second largest battery storage system, the 250MW Torrens Island project, designed to help Australia transition to 100% renewable energy and achieve net-zero emissions. Constructed within 18 months, this collaboration between government, regulatory bodies and private sector proves to be a successful partnership.

Northvolt, a leading European battery manufacturer, has secured over $9bn in equity and debt to fund its European and North American expansion. Investor include Investment Management Corporation of Ontario, BlackRock, Canada Pension Plan Investment Board, OMERS, Goldman Sachs Asset Management, AP Funds 1-4, Folksam Group, ATP and Volkswagen Group.