News

Harmony Energy Income Trust has chosen developer for 33MW and also 49.9 MW projects

The UK's T-1 Capacity Auction recently concluded with 627.4 MW of battery energy storage projects receiving contracts. This represents an increase of more than 60% compared to the previous round, and is a major milestone for the country's sustainable energy efforts.

Altus Power Inc (NYSE:AMPS) has completed the purchase of a 220-MW solar portfolio from funds managed by True Green Capital Management LLC (TGC) for about USD 293 million. This acquisition bolsters Altus Power’s existing portfolio of solar and storage assets to 690 MW across 24 states.

Shunfeng International Clean Energy Ltd, the parent company of Wuxi Suntech Power Co Ltd, has announced plans to invest INR 10.5 billion (USD 1.53bn/EUR 1.43bn) to set up a 10-GW TopCon solar cell factory in Anhui, China.

Scientists from the University of Maryland, Baltimore County are researching ways to make solar panels more efficient by using molecules found in plants, like chlorophyll, to convert sunlight into chemical energy. Learn more about the process and the potential of this sustainable energy source.

Chinese solar module maker Risen Energy has claimed a new world record for their HJT series solar module, Hyper-ion, with a maximum power of 741.456W and a module efficiency of 23.89%. This is an important breakthrough in the sustainable energy industry.

Chinese company Growatt revealed today the inauguration of the very first phase of its factory in Vietnam where it will be producing solar as well as storage space inverters, as well as storage batteries.

Zambia on Wednesday commissioned a Chinese-built solar plant for the manufacturing of solar power as part of initiatives to boost the south African country's electrical energy generation capacity.

On November 30th ACWA Power, a local energies firm, authorized an agreement with Water and Electricity Holding Company (Badeel) to build the globe's biggest single-site solar-power plant in Al Shuaibah, Mecca province.

Statkraft's floating solar plant on the tank of its Banja hydropower plant in Albania has 2 MW in capacity and also consists of four units. It is the only such power plant in Southeastern Europe with the exception of a few pilot projects in Turkey.

Solar maker SolarSpace has announced a long-lasting alliance with the insurance provider, PAIC (Ping An Insurance (Group) Company of China Ltd.) as well as Ariel Re of Lloyd's of London, a reinsurer establishment, will provide 25-30 years of power loss payment obligation insurance solution for the module products of SolarSpace.

Solar energy capacity across nation is mounted at 63.8 GW as well as wind power is about to touch 42 GW. India's total installed power capacity is 411 GW and the share of fossil fuel based power generation that includes coal, diesel, gas as well as lignite is more than 236 GW.

The European Commission has actually accepted a EUR 259 million Romanian scheme to support financial investments in the production, assembly as well as recycling of batteries, of photovoltaic cells as well as of panels in Romania The aid aims at green change of Romania and the EU.

bp will bring fast charging infrastructure to Hertz locations in significant cities of the US. A number of the fast-charging installments will certainly include large-scale gigahub locations. Worldwide power empire British Petroleum or bp has announced its fresh plans to invest $1 billion right into electric vehicle (EV) charge points across the USA. bp said that it will bring fast charging infrastructure to Hertz locations in significant cities of the United States by 2030.

Macquarie Asset Management is seeking to offer a 450-MW portfolio of solar projects in India in a manage an equity value of some USD 250 million (EUR 235.1 m), The Mint reports.