News

23.7% Solar Cell: A New Monolith Perovskite-PERC
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.
Aug 25, 2023 // Technology, Europe, solar cell, perovskite, Netherlands, Eindhoven University of Technology, TNO, TNO/Holst Centre, Eindhoven Institute for Renewable Energy Systems, EIRES
Engie Expands US Storage Reaches: 350MW & 880MW Online
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.
Aug 25, 2023 // Storage, USA, Engie, North America
Avangrid: California's 1st Solar Project Unleashed
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.
Aug 25, 2023 // Plants, Large-Scale, Commercial, USA, North America, avangrid, PV Power Plant
Solar AI Powers Southeast Asia with Rent-to-Own Model
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.
Aug 25, 2023 // Markets & Finance News, Southeast Asia, Solar AI Technologies
Atea Powers Up with Green PPA
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.
Aug 23, 2023 // Markets & Finance News, PPA, Europe, Denmark, Better Energy, Atea
Jaguar Land Rover: Harnessing Solar Power with BESS
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.
Aug 23, 2023 // Storage, Jaguar Land Rover, Wykes Engineering
Greenbacker Bets on Solar-Storage Developer Telyon
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.
Aug 23, 2023 // Storage, greenbacker, Telyon
1.1 GW Solar Order For GCL SI in India
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.
Aug 23, 2023 // Manufacturing News, Markets & Finance News, India, Asia, solar module, GCL SI
Greenvolt Power: 97 MWp Solar PPAs Signed
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.
Aug 23, 2023 // Markets & Finance News, USA, North America, PV Power Plant, Greenvolt
Dominion's 100-MW Solar Park Launched in Virginia
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.
Aug 23, 2023 // Plants, Large-Scale, Commercial, Storage, USA, Virginia, Dominion Energy, North America, PV Power Plant
BESS Power Secures USD 15m for 2.4GW Project Pipeline
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.
Aug 23, 2023 // Storage, USA, North America, BESS Power Corporation
Serbia's Solar Gateway: 300 MW
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.
Aug 22, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Europe, PV Power Plant, Serbia
Minimizing Voltage Loss in Ternary Solar Cells
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.
Aug 22, 2023 // Technology, solar cell, Linköping University, organic solar cell, Hasselt University, Imec
250MW Oz Battery Online: Wärtsilä, AGL Power Grid-Forming Flexibility
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.
Aug 22, 2023 // Storage, Australia, AGL Energy, Oceania, Wärtsilä
Northvolt Raises $1.2bn for Expansion
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.
Aug 22, 2023 // Markets & Finance News, NORTHVOLT, Sweden, Europe