News

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
Sunotec building 124 MWp solar park at hilly site in Bulgaria
Sunotec, a solar construction firm based in Bulgaria and Germany, said on Friday it is developing Bulgaria's largest solar energy plant, a 124-MWp selection, at a hilly site in the Verila mountain range, and also expects to complete the project by the springtime of 2023.
Dec 19, 2022 // Plants, Europe, Bulgaria, Solar Park, Sunotec
Ahlsell to buy solar equipment provider Solelgrossisten
Swedish technical trader Ahlsell, possessed by personal equity firm CVC Capital Partners, has sealed a deal to acquire neighborhood solar equipment wholeseller Solelgrossisten Sverige AB in a push to expand its offering of e-mobility, power storage space and also solar energy products.
Dec 19, 2022 // Markets & Finance News, Ahlsell, Solelgrossisten
Brazil's Claro inaugurates 6.3-MW solar plant
Brazilian telecom Claro SA has actually linked to the grid a 6.3-MW distributed generation (DG) solar plant in the south of the country.
Dec 19, 2022 // Plants, Large-Scale, Commercial, South america, Brazil, PV Power Plant, Claro
Germany parliament accepts windfall tax
Germany's Bundestag has actually accepted the introduction of a windfall levy on excessive earnings from renewable resource generation as part of a bundle of actions indicated to cap gas and also electrical power prices through April 2024.
Dec 19, 2022 // Markets & Finance News, Policy, Germany, Europe
Uzbekistan picks winners in 500-MW solar tender
French renewables company Voltalia SA (EPA: VLTSA), UAE's Masdar and a consortium of GD Power as well as Powerchina have actually been chosen in a tender in Uzbekistan to develop three solar parks in the Central Asian country with a combined capacity of 500 MW.
Dec 19, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Uzbekistan, solar tender
INTEC, CHINT Solar to develop 183 MWp of PV parks in Romania, Poland
INTEC Energy Solutions, a solar service provider with worldwide head office in Germany, has actually broadened its existing partnership with solar panel maker as well as project developer CHINT Solar to cover the building of three European solar plants totalling 183 MWp.
Dec 19, 2022 // Plants, Poland, Europe, Chint Solar, Romania, PV Power Plant, intec
Enhanced halide perovskite instead of silicon can generate less costly devices that better withstand light, heat
Amid every one of the efforts to transform the country's power supply to renewable sources, solar energy still accounts for a little less than 3% of electrical energy generated in the united state. Partly, that's because of the fairly high cost to produce solar cells.
Dec 19, 2022 // Technology, solar cell, perovskite, Yang Yang, University of California, Los Angeles