News

ACEN Powers Up Philippines first Hybrid Solar-Storage Plant
The 2 × 20 MW energy storage facility is adjacent to ACEN's 120 MW Alaminos solar farm. The facility holds 24 battery containers with SAFT 2.5 MWh lithium-ion batteries, likely sufficient to power regarding 20,000 homes and avoid 35.87 MTCO2e exhausts annually.
Feb 24, 2022 // Plants, Storage, Asia, Philippines, ACEN, Alaminos solar farm, Eric Francia, Jose Maria Zabaleta
$1.5 B Solar Desalination Plant Proposed in Egypt, reports Bloomberg
A three-company consortium remains in discussions with Egypt's sovereign riches fund to partner on the project that would certainly comply with a construct, have, run and move system.
Feb 24, 2022 // Plants, Markets & Finance News, Scatec, Asia, Africa, Egypt, Metito Holdings Ltd., Orascom Construction, solar desalination plant, Water Needs
High Efficiency Ultrathin Solar Cell Developed by UK based Researchers
Imperial College London and University of London utilize 'Cation Disorder Engineering' that enhances the power conversion efficiency of the solar cell. The established cell is 100 times thinner than silicon based commercial solar cells as well as its power conversion effectiveness was found to be more than 9.1%.
Feb 24, 2022 // Technology, clean energy, Solar Panels, solar cells, Imperial College London, solar wafers, AgBiS2, Cation Disorder Engineering, University College London
LONGi 4GW Taizhou cell project readied to begin procedures in August
Leading solar producer LONGi is to include an additional 4GW of cell manufacturing capacity later on this year, drawing away funds previously earmarked for a different cell production plant.
Feb 24, 2022 // Manufacturing News, LONGi
China anticipated to add up to 99GW of solar PV yearly with 2025, Europe currently its biggest export market
China is anticipated to include 83-- 99GW of PV capacity each year from 2022 to 2025, while Europe is currently its biggest export market for solar products, according to a China Photovoltaic Industry Association (CPIA) report on the expectation for the PV industry over the next few years.
Feb 24, 2022 // Manufacturing News, Markets & Finance News, China, CPIA, polysilicon, Asia, wafers, modules, European Union, distributed solar, cells, export, deployment stats
EDP Renewables introduces US$ 7.4 bn APAC investment plan after shutting Sunseap offer
EDP Renewables (EDPR) intends to invest S$ 10 billion (US$ 7.39 billion) in renewables in the Asia Pacific (APAC) area by 2030 after shutting its S$ 1.1 billion (US$ 813 million) procurement of Singaporean designer Sunseap.
Feb 24, 2022 // Markets & Finance News, Floating PV, EDP, floating PV, Asia, EDP Renewables, Singapore, apac, Sunseap, Asia Pacific, acquisition
Lightsource bp expanding into Asian solar markets as 25GW strategies development
Lightsource bp is looking at solar chances throughout Asian markets as it progresses towards its target of releasing 25GW of solar PV by 2025.
Feb 24, 2022 // Markets & Finance News, Lightsource BP, Asia, Nick Boyle
China Researcher Sees Wind and also Solar Easily Beating Xi's Goal
A researcher for China's top economic preparation body expects the nation's wind as well as solar enhancements to easily outpace Xi Jinping's clean energy goals.
Feb 23, 2022 // Markets & Finance News, China, Asia, xi jinping, Shi Jingli
China's Solar energy Growth to Soar in 2022 on Project Pipeline
Industry team sees installments between 75-90 gigawatts Huge desert setups as well as rooftop solar driving development
Feb 23, 2022 // Markets & Finance News, Rooftop PV, China, Asia, Wang Bohua
Heliogen starts configuration at 1st full-scale production facility in California
United States artificial intelligence (AI)- enabled concentrated solar specialist Heliogen Inc (NYSE: HLGN) on Tuesday said it has started site prep work and also configuration at its initial full-scale manufacturing facility, with production lines set up to go into operation in the 3rd quarter of 2022.
Feb 23, 2022 // Manufacturing News, USA, North America, Heliogen, Bill Gross
Thailand's CK Power prepares 2.8 GW of fresh renewables by 2024
Thai power producer and also representative CK Power PCL (BKK: CKP) plans to more than dual in size over the following three years by including some 2.8 GW of eco-friendly power producing capacity.
Feb 23, 2022 // Markets & Finance News, Thailand, Asia, CK Power, Thanawat Trivisvavet
Virescent to get India's Godawari Green Energy
Virescent Renewable Energy Trust (VRET), an Indian renewable energy platform backed by global investment company KKR & Co Inc (NYSE: KKR), has accepted get a green energy subsidiary of compatriot Godawari Power as well as Ispat Ltd (BOM: 532734).
Feb 23, 2022 // Markets & Finance News, India, Asia, Virescent Renewable Energy Trust, VRET, Godawari Green Energy
Biden wishes to cut into China's electric battery dominance
Head of state Joe Biden highlighted his initiatives to counter China's dominance of the electric battery market on Tuesday as he proclaimed domestic efforts to mine and also process lithium and rare-earth element required to produce the technology that powers cars, electronic devices, wind turbines as well as more.
Feb 23, 2022 // Markets & Finance News, Storage, Policy, USA, China, Asia, North America, Joe Biden, Jim Litinsky, Silvia Paz
Harmony Energy Income Trust notes value of two-hour duration in initial NAV figures considering that IPO
Harmony Energy Income Trust (HEIT) has actually emphasised the benefits of two-hour duration batteries, as it reports its web property value (NAV).
Feb 23, 2022 // Storage, TESLA, UK, Europe, Max Slade, Harmony Energy Income Trust, HEIT
Macquarie refinances 365MW UK PV portfolio
The collection of 24 plants is owned by Vantage Solar
Feb 23, 2022 // Markets & Finance News, UK, Europe, Tom van Rijsewijk, PV Power Plant, Macquarie Asset Management, Vantage Solar UK, Vian Davys