News

Siemens builds 800MW US inverter factory, providing reliable and efficient energy solutions for industry and commercial applications.

Mytilineos SA has confirmed its participation in Greece's first energy storage tender – offering a 48MW/96MWh unit in Central Macedonia. Construction and operation is expected to complete by mid-2025. Over 3.3GW was offered for the 400MW round & Mytilineos is looking to participate in future tenders. 618MW of renewable power plants already in Greece & abroad.

PPC Renewables secures investment grant and operating aid for 98 MW of battery energy storage projects in Western Macedonia in 2021. To be brought into operation in 2025, these projects will join the 280 MW of solar projects also located in the region.

Portuguese energy firm Greenvolt Energias Renovaveis SA announces its intention to acquire majority stakes of Spanish solar firm Iberica Renovables SL. Financial details and the amount of shares to be acquired remain undisclosed. AdC is currently reviewing the deal. Comments must be submitted within 10 business days.

Norsk Solar has launched the first of six 18MW solar plants in Brazil, with the remaining five to be completed in the next month. This is the first IPP project for Norsk Solar, a 25-year PPA with Órigo Energia, and is located in the state of Minas Gerais.

Voltalia has opened a new office in Tirana, Albania with 23 employees to support local growth. The office will provide turnkey solar plant construction services and develop PV and wind projects, including the 140 MW Karavasta solar farm in Fier. Operational in 2023, the farm is backed by a EUR 29 million loan from EBRD.

Antaisolar secures a 470MWp solar tracking systems deal in Uzbekistan, delivering its TAI-Simple single-axis 1P tracking system with 18.5%-24% power output increase. This is the largest solar tracker award in Central Asia, with 25.4GW of cumulative solar racking shipments. Uzbekistan is aiming to reach 25% renewables by 2026.

Caelux, a solar technology company, secures $12 million in Series A3 funding to expand their factory, conduct research, and launch their revolutionary solar product, Caelux One, with the potential to exceed 30% efficiency and meet market requirements.

Codrington Solar Farm approved by South Gloucestershire Council, providing low carbon energy for 4,400 homes. Construction to begin early 2025 with landscape, ecological and biodiversity benefits.

Australian start-up Hysata opens "giga-scale" production plant for world's most efficient electrolyser technology. 95% efficiency rate with 1GW of production annually and major investors, government funding and 9.4GW of orders. Helping the world reach goal of trillion-dollar investment in electrolysers for hard to abate industries.

Xcel Energy (NASDAQ:XEL) launches RFP to replace coal-fired power plant in Wisconsin with 650MW of solar-plus-storage projects to generate electricity for 135K homes and reduce CO2 emissions by 85% by 2030. Explore potential future uses of plant site after shuttering.

A research team has developed a highly efficient OHP-based photoanode for the production of hydrogen through photoelectrochemical water splitting. The team found that the addition of GTMACl to the OHP photoanode suppresses internal and external losses for an unprecedented efficiency.

Servotech Power Systems announces $36.2m investment to set up EV charger factory in Uttar Pradesh, India, generating up to 500 jobs and 10,000 EV DC Fast chargers per year.

Microquanta recently completed construction of 260 kW Perovskite-based PV Power Station in Qujiang district, Quzhou City, with components certified by domestic and foreign CQC and VDE. Special low-damage, high-resistance packaging was provided to withstand harsh environmental conditions. The Power Station is expected to help rural revitalization and promote perovskite applications.

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.