News

Inverter and also power administration options maker SolarEdge has posted record revenues and also inverter shipments for Q2 as it gained from strong demand for its products in the US and Europe, while resolving previous supply chain problems that had actually hindered performance in the previous quarter.

United States programmer, proprietor as well as asset manager Longroad Energy has protected a US$ 500 million equity financial investment to support its business version shift from a "create to sale" strategy to the possession of renewable projects in the US.

Brazilian natural gas and also power company Eneva SA (B3: ENEV3) has protected a loan to fund the growth as well as construction of the 870-MWp Futura 1 solar photovoltaic (PV) project.

A project for a 20-MW solar power plant near Hurghada on Egypt's Red Sea shore is making progress with construction readied to start by the end of 2022, newspaper Al-Masry Al-Youm reports, citing sources from the nation's New and also Renewable Energy Authority (NREA).

German photovoltaics specialist IBC Solar AG has begun the construction of a 9.6-MWp solar park in Bavaria which is open to investments by citizens.

The Swiss solar module producer Meyer Burger Technology AG (SWX: MBTN) has decreased its production prepare for this year as well as beside reflect a delayed ramp-up of the production capacity and also supply chain restrictions.

EBRD and various other development banks have authorized the financing plan for Masdar's 230MW project.

ENGIE has pulled out of a large-scale solar-plus-storage project contract in the Western Pacific US island territory of Guam.

Programmer Black Mountain Energy Storage (BMES) has marketed 700MW of development-stage projects to UBS Asset Management, its third substantial sale in the Texas ERCOT market in 2 months.

Zinc-based battery energy storage system carrier Eos Energy Enterprises has secured a US$ 85 million loan center with Atlas Credit Partners (ACP).

Independent power producer (IPP) Cypress Creek Renewables has acquired a 100MW transmission asset in New York state from designer Carson Power, contributing to its existing New York Independent System Operator (NYISO) development portfolio.

The Clayfords project in Aberdeenshire is the 6th battery storage project that ILI Group has actually sold

The lithium provided by ioneer will certainly be utilized to make electric vehicle batteries in the United States. PPES will be able to produce regarding 150,000 electric vehicles' batteries annually with the amount of lithium provided.

US renewables developer rPlus Energies has actually completed service its first operating solar plant that has actually participated in commercial procedure in Carbon County, Utah.

United States solar and energy storage designer Borrego has actually finished the formerly announced spin off and also sale of its development business to energy transition investor ECP for a concealed quantity, with the new company being relabelled as New Leaf Energy.