News

Polysilicon producer Daqo New Energy has actually launched a US$ 120 million share buyback scheme after seeing its cash reserves swell.

The US Department of Energy has launched a brand-new cooperation project focused on making it more affordable and quicker to connect renewables projects to the country's grid.

European Union (EU) member states are preparing a surge in renewables to change fossil-fired generation as COVID-19, soaring gas rates as well as Russia's war in Ukraine taxed nations to relocate in the direction of cleaner and also less expensive sources of power.

Rallies are set to be kept in San Francisco and also Los Angeles as the California Public Utilities Commission (CPUC) meets to discuss controversial net metering proposals for the state.

Rents and also fees for releasing solar as well as wind on United States federal lands are readied to be substantially decreased as part of a new policy from the Biden management focused on enhancing rate predictability for programmers.

United States utility Southwestern Electric Power Company (SWEPCO) has actually looked for authorization from Louisiana's regulators to get a solar project because state.

A decision by Russia's Gazprom to stop providing gas to Ørsted highlights the requirement for the European Union (EU) to speed up renewables deployment, the chief executive officer of the Danish energy business has said.

IKEA proprietor Ingka has actually acquired shovel-ready solar and wind assets in Poland from renewables programmer OX2 in a EUR190 million (US$ 203 million) deal.

Norwegian renewables programmer Hydro Rein and also Macquarie's Green Investment Group (GIG) are to collaborate on a hybrid solar-wind project in Brazil.

Independent power producer (IPP) BNZ, part of London-based fund manager Glennmont Partners from Nuveen, has obtained authorisation to start building of a 49-MWp solar plant in Portugal's North area.

Shell Energy Brasil, a regional device of oil and also gas major Shell Plc (LON: SHEL), means to develop to 2.1 GW of solar parks in Brazil's Minas Gerais, the state's federal government revealed today.

Italian energy company ERG SpA (BIT: ERG) announced today that it is getting 33.8 MW of solar energy capacity at home from Dutch lender ABN AMRO Bank NV (AMS: ABN) as part of the strategy to strengthen its placement in Italy's solar market.

US researchers have come up with an analytical means to evaluate the costs and net value of various configurations of large-scale wind and also solar projects coupled with battery storage. They identified 6 trends in the United States electricity market and also located that their framework is aligned with existing commercial practices.

A solar and also storage project totalling 20MW has entered commercial operation in Malawi, which the firms included state is the first grid-connected utility-scale co-located project to do so in sub-Saharan Africa.

A 300MWh compressed air energy storage system capacity has actually been linked to the grid in Jiangsu, China, while a pressed air storage start-up in the nation has increased nearly US$ 50 million in a financing round.