News

Azelio reveals outcome of USD 27m rights issue
Swedish energy storage space innovation designer Azelio AB (FRA:4 AZ) has actually introduced the outcomes of its rights issue targeting net proceeds of about SEK 250 million (USD 22.33 m/EUR 22.76 m).
Oct 21, 2022 // Markets & Finance News, Storage, azelio
ARENA to fund 200-MW Hydrostor energy storage project in NSW
The Australian Renewable Energy Agency (ARENA) has pledged to give financing for the building and construction of a 200-MW/1,600-MWh Advanced Compressed Air Energy Storage (A-CAES) facility at an obsolete mine in New South Wales to give at least eight hrs of storage.
Oct 21, 2022 // Markets & Finance News, Storage, ARENA, nsw
JinkoSolar's major running unit sees up to 135.7% increase in 9-mo profit
The principal operating subsidiary of Chinese solar module manufacturer JinkoSolar Holding Co Ltd (NYSE: JKS) today published some initial results for the nine months through September 2022, showing an year-on-year enter the bottom line of up to 135.7%.
Oct 21, 2022 // Manufacturing News, Markets & Finance News, JinkoSolar
Bluefield wins 45MW Shropshire solar authorization
The project near Ludlow was scaled back to prevent utilizing farming land
Oct 21, 2022 // Plants, Large-Scale, Commercial, Solar, Bluefield, solar farm, Ludlow, SHROPSHIRE
SJVN To Build 105-MW Floating Solar Project In Maharashtra
The company has actually won the 105-MW floating solar project from the Maharashtra State Power Generation Company (MAHAGENCO). It bagged the project at a rate of Rs 3.93 per unit on Build Own and also Operate (BOO) basis in MAHAGENCO's tariff based competitive bidding process.
Oct 21, 2022 // Plants, Floating PV, power purchase agreement, Renewable Energy, SJVN, Nand Lal Sharma, MAHAGENCO, Maharashtra State Power Generation Company, Satluj Jal Vidyut Nigam
Minerals company ICL To Invest $400 Million in Lithium Battery Materials Facility in United States
ICL was granted $197 million through the Bipartisan Infrastructure Law financing and the plant is expected to be operational by 2024. The manufacturing facility will have 2 assembly line and also each production line will certainly be capable of producing 15,000 metric lots of LFP product yearly.
Oct 21, 2022 // Markets & Finance News, department of energy, McCarthy, Bipartisan Infrastructure Law, cathode active material, Aleees, ICL, Lithium Iron Phosphate, minerals company ICL, Phil Brown
First Solar will supply 700 MW solar modules to Silicon Ranch
The firms call it the development of the 4-GW master supply contract (MSA) that they checked in April. First Solar held that the new arrangement reinforces a shared commitment by both the companies to enhance the domestic supply and promote lower-carbon manufacturing procedures.
Oct 21, 2022 // Manufacturing News, First Solar, photovoltaic, Georges Antoun, Silicon Ranch, Reagan Farr, ica’s largest solar manufacturer, lower-carbon production
Xendee microgrid style platform updates tools to mirror new ITC, PTC choices
Xendee, a provider of eco-friendly project as well as microgrid layout and also choice support software application, has actually introduced a collection of new functions that incorporate the current tax motivations from the new Inflation Reduction Act directly into its platform.
Oct 21, 2022 // Software, Xendee, Zack Pecenak
26-MW solar project under construction on New Mexico state trust land
New Mexico Commissioner of Public Lands Stephanie Garcia Richard and also representatives from Chevron dedicated a new solar array being built on state trust land in Swirl County.
Oct 21, 2022 // Plants, Large-Scale, Commercial, USA, North America, Solar Project
Owners of solar developer ISS seeking USD 150m to offer company
US solar project designer Innovative Solar Systems LLC (ISS) revealed today that the business is being marketed at a solid price of USD 150 million (EUR 153m).
Oct 21, 2022 // Markets & Finance News, USA, North America, Innovative Solar Systems LLC
ReneSola energises 1st self-built solar park in Hungary
Solar project developer as well as operator ReneSola Ltd (NYSE: SOL) stated today that its inaugural independent power manufacturer (IPP) project in Hungary with a capability of 10.2 MWp has actually reached commercial procedure.
Oct 21, 2022 // Plants, Large-Scale, Commercial, Hungary, Europe, renesola, Solar Park
Hershey's to procure Texas solar energy under 140-MW deal with National Grid
United States chocolate producer Hershey Co (NYSE: HSY), much better referred to as Hershey's, will offtake most of the electrical energy coming from a 150-MW solar park prepared to be developed by National Grid Renewables in Texas' Falls County.
Oct 21, 2022 // Plants, Large-Scale, Commercial, USA, North America, PV Power Plant, Hershey Co
Lightsource bp ushers in 100-MW solar farm in Alabama
Lightsource bp, the UK-based, BP Plc (LON: BP)-backed solar designer, on Thursday inaugurated its 130-MW DC/100-MW AC Black Bear Solar project, one of the largest solar farms in Alabama.
Oct 21, 2022 // Plants, Large-Scale, Commercial, USA, Alabama, Lightsource BP, North America, solar farm
Greenbacker buys 7.6-MW solar portfolio in Vermont
Greenbacker Renewable Energy Company LLC introduced on Thursday it has actually obtained a pre-operational solar portfolio in Vermont with a combined capacity in direct current (DC) of approximately 7.6 MW.
Oct 21, 2022 // Plants, USA, Vermont, North America, greenbacker
Spanish energy provider Holaluz swings to profit in H1 2022
Spanish sustainable power and also gas supplier Holaluz Clidom SA (BME: HLZ) earned a net profit of EUR 5.51 million (USD 5.4 m) for the January via June period of 2022, compared to a EUR-3.74-million loss in the year-ago period, as revenues ballooned on increasing energy prices as well as new contracts for solar.
Oct 20, 2022 // Markets & Finance News, Spain, Europe