News

Our Next Energy Inc (ONE), a Michigan-based energy storage technology company, has raised $300 million in a Series B round, valuing the company at $1.2 billion post-money. This capital will fund ONE's first lithium iron phosphate (LFP) battery cell factory, and marks a shift from venture capital-funded start-up to a manufacturer supported by growth capital.

Renewable Properties announced the signing of PPAs for five projects with PG&E that will bring the benefits of clean solar energy to low-income Californians, totaling nearly 30 MW.

REC Silicon ASA, a Norwegian silicon producer, and Hanwha Solutions, part of Korea's Hanwha Group, have announced progress in finalizing a 10-year supply agreement for solar silicon production from the Moses Lake (Washington state) factory. This agreement is a major step forward for sustainable energy news and photovoltaic technology.

Luxembourg-based capitalist Three Seas Initiative Investment Fund SA SICAV-RAIF (3SIIF) has actually requested antitrust approval to take joint control of Polish solar project developer R.Power, competition regulatory authority UOKiK stated on Tuesday.

Kioxia Group is raising the usage of renewable energy by installing large-scale solar power generation systems for the first time at its Kitakami Plant and Yokkaichi Plant.

The Ministry of Economy and also Sustainable Development has launched public calls for issuing energy approvals for the building and construction of 14 solar power plants as well as one wind farm, with a total capacity of about 250 MW.

El Dorado School District (ESD) School Board as well as faculty members gathered to commemorate the district's freshly built 1.75-MWAC solar array. The project will certainly balance out 88% of the district's power use as well as expenses, saving ESD over $128,000 every year in energy costs.

Enfit Green developing 53MW project in Purtse

The firm has actually made these additions via 133 new projects in 11 countries. In India, a third 200 MW wind-solar hybrid project was included in Amazon's initial two wind-solar hybrid projects.

Researchers at Lund University in Sweden have developed photovoltaic nanowires using three materials to improve the efficiency of solar energy. These tandem solar cells are now being tested on satellites.

Teraco Data Environments, Africa's largest data center firm, secures $680 million in debt funding to build a 100 MW utility-scale solar farm and expand its data centers with clean energy.

WEC Energy Group buys 80% interest in the 250-MW Samson I Solar Energy Centre in Texas for $250 million, advancing their sustainable energy portfolio.

Australian energy retailer SmartestEnergy has committed to procuring 25% of the output from the 333-MW DC Darlington Point solar farm in New South Wales, the largest solar complex in Australia, under a long-term deal with Octopus Australia.

Its majority-owned subsidiary CSI Solar has actually participated in a multi-year investment agreement with the municipal government of Yangzhou City in Jiangsu Province in China. In initial phase, the company will certainly include a capacity of 14 GW of wafer and also cell production.

Brazilian power utility EDP Brasil SA (BVMF: ENBR3) has taken into procedure 1.25 MW of solar power plants in the nation's south.