News

Masdar has been selected as the preferred bidder for the 6th phase of the Mohammed bin Rashid Al Maktoum solar complex in Dubai. The project, with an LCOE of EUR 0.015/kWh, will cost up to AED 5.51bn and will be commissioned in stages from 2024. The solar park is planned to reach 5 GW by the end of the decade.

Rio Tinto - the world's second-largest miner - is launching the largest solar PV park in Canada's North to provide electricity to its diamond mine in the Northwest Territories. The project will reduce diesel consumption & GHG emissions by 50% by 2030.

Belectric has been awarded a contract to build a 28.5-MWp solar plant in Norwich, England. The plant is expected to be operational by summer 2024 and will be able to power 9,500 households annually. This is part of Belectric's increasing presence in the UK and Netherlands.

Toyota Tsusho and RMT are collaborating to build a 25-MW solar power plant in Benin, West Africa. The project is supported by the government and marks the first large-scale renewable energy project ever by a Japanese firm. Construction is expected to finish in 2024 and the project will help Benin reduce electricity imports and install 150 MW of solar power generation by 2026.

Maxeon Solar Technologies plans to build a 3-GW solar cell and panel factory in Albuquerque, NM, creating 1,800 jobs and increasing the company's total North American solar panel capacity to 4.8 GW. DOE loan and tax credits are eligible for the project.

SGEL has won the 90 MW floating solar project in Madhya Pradesh with an INR 3.79 ($0.046)/kWh tariff. The project is expected to generate 4,781 MUs over 25 years and will be commissioned within 21 months of signing the PPA. SJVN is the second firm to win the project.

MAHLE, a Germany-based automotive supplier, has unveiled a bionic battery cooling plate to improve cooling performance by 10% and reduce pressure loss by 20%. The new plate also uses 15% less material, reducing CO2 emissions. MAHLE will present this innovation at IAA Mobility and will collaborate with ProLogium for the development of a thermal management system for solid-state batteries.

Energy Vault chooses KORE Power to supply US battery production from 2025, with initial 1.3 GWh capacity increasing to 18 GWh. US Department of Energy offers $850 million loan and Energy Vault makes $15M investment in KORE Power.

Swift Current Energy completes financing on 800-MW Double Black Diamond Solar project to generate power to serve over 100,000 homes in the MISO area. Constellation to buy portion of power and RECs produced. McCarthy Building Companies Inc to serve as EPC contractor.

Discover how Italy is incentivising renewables and simplifying the permitting process for projects 10MW or larger, aiming to reach 131GW of installed capacity by 2030.

Masen is making strides towards their goal of 52% renewable energy by 2030, with the launch of a call for pre-qualification for the 400-MW Noor Midelt III solar power project and accompanying 400-MWh battery energy storage system. Interested parties have until October 20 to submit proposals for the competitive process.

Green Building Renewables has acquired Solar Voltaics, a solar panel installation and EV charging provider. This is the 8th acquisition for the company, increasing their annual turnover to £35 million. Solar Voltaics serves customers in Hampshire, Sussex, Berkshire, Surrey, and Dorset.

SolarEdge has released its new inverters with PCS technology, enabling larger PV systems and up to 200% DC oversizing in the U.S. The new inverters are expected to be available with faster commissioning and enhanced reliability by the end of 2020.

Vena Energy and Rept Battero partner to provide Indonesia with sustainable, efficient and stable clean energy, creating jobs, reducing carbon emissions, and expanding the renewable energy sector. 8GWh hybrid megaproject in the Riau Islands part of larger green energy transformation journey.

EDF Renewables North America and Canadian Solar announce multi-year agreement for 7GW of high efficiency solar modules. Canadian Solar to invest US$250m in Texas factory, creating 1,500 jobs and 5GW of annual output. Agreement aligns with IRA guidelines.