News

Hungary is taking steps to boost economic growth and recovery, setting out plans to reduce investment costs and provide generous subsidies for renewable and green investments. Foreign Minister Peter Szijjarto said the government is committed to ensuring economic growth and green transition, but challenges remain.

Perovskite solar cell technology takes a step forward with improved upper and lower interfaces, resulting in a conversion efficiency of 24.3%, long-term stability and efficiency of up to 22.6% in mini-modules.

Pattern Energy Group LP announces sale of its Japanese renewable energy assets and majority stake in Tokyo-based GPI to Japanese utility Jera Co Inc and NTT Anode Energy Corp. Portfolio includes 4 GW of wind projects and 6 GW of assets across North America. CEO Hunter Armistead focuses on growing pipeline in US.

GCL System Integration Technology Co Ltd has launched its 10-GW N-type solar cells factory in Wuhu City, China. USD 1.12 billion project with cell production capacity of over 22% efficiency, to be completed soon, complies with GCL Group's full PV industrial chain.

AXA IM Alts to acquire 25% stake in Finerge, a 2GW renewables platform, to enable decarbonization and electrification investments in Portugal and Spain. Investment to be finalized by end of this year.

Larrakia Energy and Komipo partner with Northern Territory government to create a 300-MW solar project in the Greater Darwin Area. The joint venture with Progressive Green Solutions will create jobs and help the Territory reach its 2030 economy goal.

Cox Energy of Spain has won a reverse power auction in Guatemala, securing 38.41 MW of solar generation to invest USD 32 million and supply 106.0 GWh annually for 15 years. PEG plan received bids for 1,500 MW.

Solar installations to reach historic high in 2023 with 270 GW of new capacity. China to remain leader in panel manufacturing while US sees boom in utility & residential solar. UK to lead in residential solar, Romania in distributed projects. Solar LCOE falling; 330 GW capacity by 2032.

Researchers at imec and the University of Hasselt have developed a metal halide perovskite process to boost the lifetime of solar cells, achieving a conversion efficiency of 24.3% and a short-circuit density of 24.5 mA/cm2. After 1,000 and 1,850 hours, the cells retain 97% and 88% of performance, respectively. This process offers commercialization potential for perovskite solar cell technology.

Floating solar panels could provide unlimited renewable energy to densely populated countries in Southeast Asia and West Africa, potentially powering a billion people by 2050. Our research shows Indonesia and Nigeria have the highest potential for offshore solar arrays, due to their maritime areas and equatorial environment.

Matrix Renewables, a TPG-Rise backed company, acquires controlling interest in 200MWac/261MWdc solar project in Idaho. Output to power Meta's data center and will contribute to its goal of 100% renewable operations. Construction expected to begin Q3 2023.

SMA America's Home Energy Solution provides grid stability and cost savings for homeowners, as well as modular design and easy upgrades for installers. The intuitive SMA 360° and Sunny Portal apps keep homeowners and installers connected for control and peace of mind.

Discover how N.C. State and Brookhaven National Labs have developed RoboMapper: a robot technology that automates materials research, leading to improved solar cell efficiency, reduced costs, and energy savings. Validated results show promising performance for converting light into electricity.

Voltalia S.A., a leading French renewable energy company, has secured a contract to build and operate 230 MW of solar parks in Ireland. Construction works are already underway with four PV farms expected to become operational by 2024. Voltalia has also signed a 15-year O&M agreement and is installing a 108-MW solar PV farm. All projects expected to enter commercial operations by 2021.

Matrix Renewables acquires controlling stake in 200 MW/261 MWp Pleasant Valley Solar project in Idaho. Construction to begin in 2023 with a PPA in place with Idaho Power for electricity to Meta Platforms Inc. Adding to their 6,000 GW portfolio, Matrix Renewables contributes to a sustainable energy future.