News

Reden, E4SY to jointly include 300 MWp of solar in Italy
French power manufacturer Reden Solar SAS has joined Milan-based Energy 4 Synergy SpA (E4SY) to jointly establish and also mount a portfolio of a minimum of 300 MWp of projects in Puglia, southerly Italy.
May 8, 2023 // Plants, Markets & Finance News, Italy, Europe, Reden, E4SY
EnfraGen to get 188-MW sustainable portfolio in Panama, Costa Rica
EnfraGen LLC, a Latin America-focused renewables and also grid business, on Friday introduced a deal to acquire a 188-MW portfolio of wind, solar and also hydropower (HPP) plants in Panama and Costa Rica.
May 8, 2023 // Markets & Finance News, North America, panama, EnfraGen
Canadian retailer Loblaw strikes renewable power deal in Alberta
Loblaw Companies Ltd (TSE: L), Canada's largest retailer, has committed to procuring more than 300 TWh of renewable power each year for its stores across the province of Alberta under a deal with residential energy infrastructure firm TC Energy Corp (TSX: TRP).
May 8, 2023 // Markets & Finance News, alberta, Loblaw Companies, TC Energy Corp
Belgian solar park to power local production site of Ineos Inovyn
Ineos Inovyn, an unit of UK-based chemicals group Ineos, has actually made an undefined investment in a Belgian solar park project that will be supplying electrical energy to among its centers in Namur province.
May 8, 2023 // Plants, PV Power Plant, Ineos Inovyn, Belgia
SolarEdge books record-high profit, revenues in Q1
Israel-based solar (PV) inverters vendor SolarEdge Technologies Inc (NASDAQ: SEDG) reported a soaring net profit and a record-high level of revenues generated in the initial quarter of 2023, boosted by "strong international presence and implementation capabilities."
May 8, 2023 // Markets & Finance News, Asia, SolarEdge, Israel
OX2 completes procurement of renewables developer ESCO Pacific
Swedish renewables developer OX2 AB (STO: OX2) on Monday stated it has actually completed the AUD-126-million (USD 84.7 m/EUR 76.9 m) procurement of Australian peer ESCO Pacific, including a 1.42-GW project development portfolio to its platform.
May 8, 2023 // Markets & Finance News, Sweden, Australia, Europe, Oceania, OX2, ESCO Pacific
Singareni to Install 13 New Solar Energy Plants of 240 MW Capacity
In an essential meeting of the company, it was determined to develop 13 solar plants in 8 mining areas of Singareni. The DPRs of the solar projects were gone over in the conference and also it was chosen that message approval from the board, tenders will certainly also be issued.
May 8, 2023 // Plants, India, Asia, SCCL, solar projects, N Sridhar, Singareni, Telangana solar energy
Amara Raja Breaks Ground on Telangana's First Lithium Cell Gigafactory
The company is developing a grand 'Amara Raja Giga Corridor' in which it will certainly produce lithium cells with a capacity of upto 16 GWh and also battery packs of upto 5 GWh. Originally it will construct facilities that will serve as an innovative energy research study and also advancement center called 'Amara Raja E +Ve Energy Labs.'
May 8, 2023 // Manufacturing News, India, Asia, Amara Raja, Amara Raja Advanced Cell Technologies, Amara Raja Giga Corridor, ARBL, Ramachandra N Galla, Jayadev Galla, KT Rama Rao
ERG Acquires 149 MWp Solar Project Consolidating its Presence in Spain
ERG takes a 100% stake in Garnacha Solar SL that has the solar farm. The value of the deal in terms of enterprise value is EUR 170 million, with an equity value of EUR 80.5 million.
May 8, 2023 // Plants, power purchase agreement, Solar Project, solar farm, ib vogt GmbH, Garnacha Solar SL, IBV Solar Parks, Paolo Merl, Tracker System
Germany to accelerate solar expansion
Country's new photovoltaic technique sets out plans to add more solar capacity
May 8, 2023 // Markets & Finance News, Germany, Europe
Solar power UK hails phones call to speed up solar connections
Environmental Audit Committee warns "dark cloud of hold-ups" can hinder the UK solar sector
May 5, 2023 // Markets & Finance News, Policy, UK, Europe, Chris Hewett
SSE moves Solar and also Battery division to SSE Renewables
Decision aims to help provide 2GW of solar as well as battery projects
May 5, 2023 // Storage, UK, Europe, SSE, SSE Renewables
Axpo plans alpine solar plant to power railway to Swiss ski location
Swiss renewable energy manufacturer and investor Axpo Holding AG today introduced plans to construct a 10-MW alpine solar energy plant to provide the mountain railway to the Disentis ski area in the Canton of Grisons.
May 5, 2023 // Plants, Axpo, PV Power Plant, Swiss
Q Energy breaks ground on 105 MW of Spanish solar
Germany-based green power programmer Q Energy Solutions SE claimed on Thursday it had actually begun constructing 2 solar ranches with a mixed generation capacity of 105 MW in southern Spain.
May 5, 2023 // Plants, Large-Scale, Commercial, Spain, Europe, PV Power Plant, Q Energy
Longi expects over USD 23bn in 2023 earnings
China's Longi Green Energy Technology Co Ltd (SHA:601012) today claimed it anticipates to create revenue of over CNY 160 billion (USD 23.2 bn/EUR 20.9 bn) in 2023 after the firm's turn over covered CNY 100 billion for the first time in 2022.
May 5, 2023 // Markets & Finance News, LONGi