News
ERG's net revenue remains flat in Q1 2023
Italy-based independent power producer (IPP) ERG SpA on Friday reported a first-quarter modified net profit from continuing procedures of EUR 84 million (USD 91.7 m), unmodified from a year back, as well as confirmed its full-year assistance.
May 15, 2023 // Markets & Finance News, Italy, Europe, ERG
Maldives govt welcomes bids for 20-MWp solar tender
The Maldives federal government last week released an Invitation for Bids in connection with a tender for the building and construction and also operation of grid-connected solar power systems in the South Asian archipelagic state with a targeted capacity of 20 MWp in total.
May 15, 2023 // Markets & Finance News, Asia, solar tender, Maldives
Axpo acquires battery and solar project in Sweden
Swiss renewable resource manufacturer and trader Axpo Holding AG on Monday said it has actually acquired a battery and solar project in Sweden from project designer SENS (Sustainable Energy Solutions Sweden) in a bargain of concealed industrial terms.
May 15, 2023 // Plants, Storage, Sweden, Axpo, Europe, Solar Project
Europe needs over USD 32trn of net-zero investment by 2050, states BNEF
Europe needs to invest greater than USD 32 trillion (EUR 29trn) in power as well as associated innovations in between currently as well as 2050 to change to a net-zero economic situation, according to a new report by BloombergNEF (BNEF).
May 15, 2023 // Markets & Finance News, Market Research, BNEF, Europe
Spain's Audax records 18% profit growth in Q1 2023
Spanish renewables firm and also power and gas provider Audax Renovables SA (BME: ADX) said it had actually raised the first-quarter net profit by 18% year-on-year to EUR 2.39 million (USD 2.6 m), in spite of a decrease in revenues because of declining energy prices in the markets in which it runs.
May 15, 2023 // Markets & Finance News, Spain, Europe, audax
MPC Energy Solutions enters Panama, with eyes on 70 MWp of solar
Low-carbon energy facilities programmer MPC Energy Solutions (MPCES) announced today it is setting foot in the market of Panama where it, along with companions, has actually already recognized solar opportunities with an incorporated capacity of 60 MWp-70 MWp.
May 15, 2023 // Plants, Markets & Finance News, North America, panama, MPC Energy
Encavis' revenue, earnings crawl up in Q1
German wind as well as solar park driver Encavis AG (ETR: CAP) said on Monday it took care of to slightly boost its revenue in the initial quarter of 2023 despite less beneficial weather and slightly lower electrical power prices.
May 15, 2023 // Markets & Finance News, Germany, Europe, encavis ag
Kaneka establishes perovskite/heterojunction crystalline silicon tandem solar cells with 29.2% effectiveness
Japan-based chemicals business, Kaneka, has actually reported the design of a two-terminal (2T) perovskite-crystalline tandem solar cell making use of a 145 μm thick commercial Czochralski (CZ) silicon wafer.
May 15, 2023 // Technology, Manufacturing News, Japan, solar cells, Asia, perovskite, Kaneka, efficiency
Kosovo starts solar power auction for approximately 105 MW
Kosovo released a contract notification for investors curious about structure and also running a solar energy plant on public land. The place in Kramovik was identified for 95 MW to 105 MW in connection capacity.
May 15, 2023 // Markets & Finance News, power purchase agreement, Kosovo, PV Power Plant, renewable energy auctions
Spanish IPP Opdenergy Transfers All Bruc Projects for 1,101 MW Cumulative Capacity
These 8 projects are in enhancement to twelve already in the hands of Bruc and have been transferred in recent months.
With the transfer of these assets, Opdenergy is approaching 2 GW marketed to third parties in Spain, Italy, Mexico, UK as well as the US.
May 15, 2023 // Plants, Large-Scale, Commercial, Spain, IPP, Europe, OPDEnergy, Luis Cid, Bruc
TotalEnergies unveils Belgian battery scheme
French O&G player will mount biggest European storage space project to date at Antwerp refinery
May 15, 2023 // Storage, Europe, Belgium, TotalEnergies
MPC enters Panamanian solar market
Company and its partners have identified websites and also grid connection capacity for combined 60-70MW
May 15, 2023 // Markets & Finance News, Latin america, North America, panama, MPC Energy Solutions, Fernando Zúñiga
Italy's FuturaSun to construct 10-GW solar cell manufacturing facility in China
Italian solar (PV) panel maker FuturaSun will certainly move into solar cell manufacturing, planning a factory in Huai'an, in the Chinese province of Jiangsu, which will at some point reach a yearly capacity of 10 GW.
May 12, 2023 // Manufacturing News, Italy, China, Europe, Asia, solar cell, FuturaSun
Terabase Energy launches automated photovoltaic panel installation setup
Digital automation firm Terabase Energy has actually formally launched Terafab, a "digital field manufacturing facility" for photovoltaic panel installation on large-scale projects.
May 12, 2023 // Technology, Plants, terabase energy
Bulgaria releases EUR 123 million subsidy system for house solar setups
Bulgarian houses can request gives for photovoltaic or pv systems and also solar collectors for very own consumption up until November 10. The government's program is worth EUR 123 million, of which EUR 40.8 million is for the first round.
May 12, 2023 // Residential, Markets & Finance News, Rooftop PV, Europe, Bulgaria
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