News

Photovoltaic Or Pv (PV) as well as battery inverters manufacturer SMA Solar Technology AG (ETR: S92) on Thursday reported substantially improved sales and also earnings levels in the 3rd quarter of 2022 compared to the very first half of the year and expressed hopes that this positive trend will certainly proceed in the final quarter.

Meyer Burger Technology AG (SWX: MBTN) has completed a funding boost that brought gross proceeds of CHF 250 million (USD 253.05 m/EUR 254.2 m) to sustain the growth of the Swiss solar module supplier's annual production capacity to about 3 GW.

Intersolar North America (ISNA) as well as Energy Storage North America (ESNA) introduced the group lineup for the third annual Solar Games competition to be held at #isnaesna 23 on February 14-16, 2023, at the Long Beach Convention Center in Long Beach, California.

Pineapple Energy, a solar + storage professional, acquired SUNation Energy, a New York-based solar installer for household and also little commercial consumers. The deal closed on November 9, 2022.

Global investment administration firm Brookfield's $11.8 billion bid that is also sustained by the target firm's board is a clear indicator of the volume as well as direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted to a phase out of its non renewable assets.

State-run SJVN Ltd introduced that it has been granted a contract worth Rs 585 crore to construct, very own, and manage an 83 MW floating solar plant in Madhya Pradesh. According to a release by REWA Ultra Mega Solar Ltd. (RUMSL), the project has been secured at a tariff of Rs 3.70 per unit on a develop, own, and operate basis.

German development bank KfW stated on Thursday that it has authorized an agreement to expand a EUR-150-million (USD 152.1 m) loan to the State Bank of India (SBI) to support the solar energy development in India.

Burtree Lane site in Darlington will almost triple the existing renewable capacity generated in the borough

Legislation accepted by Senate will apply to existing as well as new car parks with space for a minimum of 80 vehicles

Investment in renewable energy in Africa was up to its lowest level in greater than decade last year despite the continent's huge possibility, experts claimed Wednesday at the COP27 climate conference.

A leading native solar manufacturer, Gautam Solar has actually raised its G2X series with the intro of high-efficiency and high-performance 450 Wp solar modules with larger M10 cells to enhance the top quality of solar products and also speed up the adoption of solar power in the country.

Amsterdam-based solar energy producer Photon Energy NV (WSE: PEN) on Thursday claimed it booked a third-quarter net profit of EUR 6 million (USD 6m) after losing EUR 1.4 million a year back, thanks to the switching to a vendor approach.

Aussie utility AGL Energy Ltd (ASX: AGL) on Thursday formally launched the building and construction of its 50-MW/50-MWh Broken Hill battery energy storage system (BESS) project in New South Wales.

Chinese solar inverter maker Sungrow Power Supply Co Ltd (SHE:300274) has actually received an order to supply inverters to South African solar energy manufacturer Sola Group for a 256-MWp photovoltaic or pv (PV) project.

The European Bank for Reconstruction and Development (EBRD) is giving USD 5.5 million (EUR 5.5 m) to the renewable resource subsidiary of Egyptian power business TAQA Arabia to construct as well as operate a 7-MWp solar photovoltaic (PV) project in El Minya, Egypt.