News

BNDES to back 4-MW solar project in Brazil
The Brazilian Development Bank, or BNDES, has authorized BRL 28 million (USD 5.6 m/EUR 4.9 m) in financing to support a 4.07-MW solar energy project established by agro-cooperative Copacol in the south of the nation.
Dec 20, 2022 // Plants, South america, Brazil, Solar Project, BNDES
Shell finishes up deal for Nigerian solar company Daystar Power
Oil and gas giant Shell Plc (LON: SHEL) has actually finished the acquisition of Nigeria-based hybrid solar energy remedies provider Daystar Power after acquiring the needed regulatory clearances.
Dec 20, 2022 // Plants, Africa, Nigeria, shell, Daystar Power
Encavis brings to building and construction 140-MW Danish PV project under GreenGo strategy
German solar and also wind farm operator Encavis AG (ETR: ECV) today stated it has actually gotten to the ready-to-build phase for a 140-MW solar park project in Denmark's North Jutland area.
Dec 20, 2022 // Plants, Germany, Europe, encavis, PV Power Plant
Growatt releases new LFP battery for residential and also commercial applications
Growatt has actually released its new APX HV cobalt-free LiFePO4 battery to the global market.
Dec 20, 2022 // Storage, Growatt
Tandem solar cell achieves 32.5% effectiveness
The existing globe record of tandem solar cells containing a silicon bottom cell as well as a perovskite top cell has once again been broken at HZB. The new tandem solar cell converts 32.5% of the case solar radiation right into electric power.
Dec 20, 2022 // Technology, Germany, Europe, solar cell, efficiency, HZB, Steve Albrecht
RWE starts up German solar-storage plant
14MW facility has been improved the Inden lignite opencast mine in the district of Düren
Dec 20, 2022 // Plants, Storage, Germany, Europe, rwe, Katja Wünschel, Lars Kulik
Voltalia to develop 123MW Uzbek solar farm
The project is scheduled for commissioning in 2024
Dec 20, 2022 // Plants, Large-Scale, Commercial, Voltalia, tender, Asia, Uzbekistan, solar farm
Solar+ BESS Project in Palau by Philippines' RE Firm Altenergy Headed Towards Completion
Philippines-based leading representative of solar photovoltaic or pv products as well as battery storage solutions Alternergy has shared that a solar PV and also battery storage project in the Republic of Palau, is headed towards completion. The solar hybrid project is for15.3-megawatt peak solar photovoltaic or pv as well as 12.9-megawatt-hour battery energy storage system in the Ngatpang state on Babeldaob, Palau's biggest island.
Dec 20, 2022 // Plants, Large-Scale, Commercial, Storage, USA, Oceania, North America, Altenergy, Export Finance Australia, Palau, solar hybrid project, Solar Pacific
NTPC Commissions First Part of 300 MW Bikaner's Nokhra Solar Project in Rajasthan
The Nokhra solar energy plant in Rajasthan, which has a 300 MW capacity, has had its first 100 MW of capacity put into service by NTPC, the largest electrical energy manufacturer in India. According to a regulative filing lately by the organization, "First section capacity of 100 MW out of 300 MW Nokhra Solar PV Project at Bikaner, Rajasthan, is declared on Commercial Operation with effect from 00:00 hours of 20.12.2022."
Dec 20, 2022 // Plants, Large-Scale, Commercial, NTPC, Rajasthan, Bikaner, Nokhra Solar PV Project, Nokhra Solar Project, NTPC Ltd.
World Bank Inks Project to Scale up Renewable Energy Technologies in India
The World Bank, with the project, offers to India $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The project will certainly support SECI with human resource as well as company planning, project monitoring, procurement, economic and also contract management, environmental and also social safeguards as well as economic management, among others.
Dec 20, 2022 // Markets & Finance News, India, SECI, Asia, world bank, Renewable Energy, Hideki Mori, Surbhi Goyal
Repsol Acquires RE Financial Investment Platform Asterion Energies to Add 7.7 GW Of Renewables Portfolio
The purchase is for EUR 560 million plus approximately EUR 20 million in contingent payments. Repsol thinks that the transaction will certainly aid it to become a global player in renewable energy and reinforces its placement in key markets within Europe.
Dec 20, 2022 // Markets & Finance News, Europe, repsol, Renewable Energy, green energy, Josu Jon Imaz, Asterion Energies, Asterion Industrial, Jesus Olmos
Financial Agreements Signed to Fund World's Largest Green Hydrogen Project in Neom
The quantum of funds committed by the lenders with the Saudi Government stand at $5 billion. The project envisages the production of up to 600 tons of green hydrogen each day that can further be used to create 1.2 million tons of green ammonia by 2026.
Dec 20, 2022 // Solar to Fuel, green hydrogen, hydrogen project, green ammonia, Air Products, National Infrastructure Fund, Neom financial agreements, Neom Green Hydrogen Company, NGHC, NIF, Saudi Industrial Development Fund, SIDF
Iberdrola Partners with ABEL Energy for EUR 1.1 Bn Green Hydrogen Project in Australia
The facility-- Bell Bay Powerfuels-- will certainly be based at Bell Bay in north Tasmania. It will certainly be amongst the largest worldwide and will certainly produce 300,000 tonnes of green methanol for use as marine fuel.
Dec 20, 2022 // Solar to Fuel, Iberdrola, green hydrogen, Ross Rolfe, ABEL Energy, Bell Bay Powerfuels, green methanol, Michael van Baarle
MIT research team establishes "paper-thin solar cells"
A team at the Massachusetts Institute of Technology (MIT) has created a process to bond ultra-thin solar cells to a durable fiber composite making use of a UV-resistant adhesive.
Dec 19, 2022 // Technology, solar cells, MIT
Gamesa Electric to provide PV inverters for Bosnian solar farm
The firm will certainly a supply a total of seven units
Dec 19, 2022 // Inverters, solar farm, Gamesa Electric