News

Norwegian triad start 531MW Brazilian PV build
Scatec, Equinor and also Hydro Rein are developing the Mendubim project in Rio Grande do Norte
Jul 8, 2022 // Plants, Large-Scale, Commercial, Scatec, Equinor, Terje Pilskog, Hydro Rein, Olivier Girardot
Woodmac Ranking for Inverter Shipments In 2021 Retains Huawei at 1, Top 5 Firms Chinese
A comparable ranking for 2021 by IHS markit in June had shown Sungrow overtaking Huawei, and Solis take number 3 spot. In the Woodmac rankings, Huawei continues to be on the top, with Growatt taking number 3 spot. Chinese firms, that inhabited the top 3 spots in IHS Markit rankings, currently comprise the top 5 inverter vendors according to Woodmac
Jul 8, 2022 // Markets & Finance News, Inverters, Sungrow, SolarEdge, woodmac, pv inverters, Huawei, Ginlong Solis, power electronics, Growatt, GoodWe, 2021 rankings, Global inverter rankings, Sineng Electric
IRENA Launches Reports On Global Hydrogen Trading Trends In 2050
With the prices of renewables seeing a plunge and the potential of global hydrogen overtaking the demand for global energy by twenty times, three-quarters of global hydrogen would still be produced and also made use of in your area in 2050. IRENA's World Energy Transitions Outlook forecasts hydrogen covering 12 per cent of global energy demand and also reducing 10 per cent of CO2 emissions by 2050. This trade made it possible for with pipelines would be dominated in two regional markets- Europe (85 percent) and also Latin America with 15 percent.
Jul 8, 2022 // Market Research, IRENA, green hydrogen, decarbonising, hydrogen imports, pipelines, trading partner
SSE-backed Renewco acquires 2GW US solar, power storage pipeline
Scotland-based renewables designer Renewco Power has acquired a 2GW pipeline of US-based solar and also energy storage assets from Beaufort Rosemary.
Jul 8, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, USA, North America, m&a, Renewco Power, beaufort rosemary
'Diversification is a have to': IEA cautions on China's expanding dominance of solar PV supply chain
A safe change to net zero exhausts around the world will require countries to expand and also broaden the production of solar modules, whose supply chains are heavily concentrated in China, according to new research from the International Energy Agency (IEA).
Jul 8, 2022 // Manufacturing News, Markets & Finance News, India, China, Asia, bankability, IEA, Fatih Birol, silver, net zero, sustainability, supply chain, domestic manufacturing, tax incentives
'Dual globe record' for perovskite tandem solar cells asserted by EPFL, CSEM
Researchers at EPFL's Photovoltaics and also Thin Film Electronics Laboratory as well as CSEM's Sustainable Energy Centre have actually declared two world records by attaining an effectiveness of over 30% for perovskite-on-silicon-tandem solar cells.
Jul 8, 2022 // Technology, Manufacturing News, NREL, solar cell, perovskite, CSEM, perovskite cells, EPFL
Solar and also wind generate more power than nuclear for first time in US
Solar as well as wind installments in the United States produced more electrical power than the nation's nuclear reactor for the first time in April.
Jul 8, 2022 // Plants, Large-Scale, Markets & Finance News, nuclear, nuclear power, wind, EIA, sun day campaign
2.2 GW of solar effective in UK's newest renewables auction
More than 2GW of solar has actually won agreements in the UK's latest renewables auction clearing at a strike cost of ₤ 53.40/ MWh (US$ 64.19/ MWh).
Jul 8, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, UK, Solar Energy, Lightsource BP, Europe, cfd, Contracts For Difference, ScottishPower
Eurowind intends to mount 2.5 GW of clean energy parks in Denmark
Danish renewables developer Eurowind Energy A/S revealed today that it will set up 5 land-based multi-technology energy centres in Denmark over the coming years, with plans to set up around 2.5 GW of clean power capacity throughout the websites.
Jul 7, 2022 // Plants, Large-Scale, Commercial, Europe, Denmark, clean energy park
Canadian Solar offers 345-MWp duo in NSW to CalEnergy
Canadian Solar Inc (NASDAQ: CSIQ) has actually concluded the sale of 2 solar farms in the Australian state of New South Wales with an integrated capacity of 345 MWp to a subsidiary of Northern Powergrid Holdings Company.
Jul 7, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Canadian Solar, solar farm, CalEnergy
Masdar, EDF to establish 8.2-MW solar plant on SeaWorld Abu Dhabi's roofs
A joint venture of renewables developer Masdar as well as French utility EDF (EPA: EDF) will install an 8.2-MW solar photovoltaic or pv (PV) plant on the roofs of the SeaWorld Abu Dhabi theme park which is currently unfinished on one of UAE's most popular islands.
Jul 7, 2022 // Plants, Masdar, EDF, Abu Dhabi, PV Power Plant
OVO to spend ₤ 1m in solar and wind farms by means of REGO PPAs
OVO will spend ₤ 1 million to support brand-new solar and also wind farms with power purchase agreements (PPAs).
Jul 7, 2022 // Markets & Finance News, UK, PPA, Europe, Raman Bhatia, OVO
Sun shines on solar with 2.2 GW auction success
PV 'huge part of option' to UK energy situation, states SEUK
Jul 7, 2022 // Markets & Finance News, UK, Lightsource BP, Europe, Chris Hewett, JBM Solar, England, BEIS, Cleve Hill, SCOTLAND, CFD4
Finland Begins Operation On World's First Large Scale Sand Battery
Finland has actually started operations on world's very first commercial large scale sand-based thermal energy storage space system. The battery has been introduced by Polar Night Energy as well as run by energy utility in West Finland, Vatajankoski.
Jul 7, 2022 // Storage, Europe, Finland, Renewable Electricity, green energy, Poland Night Energy, Sand battery, thermal power
Northvolt Increases $1.1 Billion To Roll Out Battery Manufacturing Facility In Europe
The decision is required to support the rapidly expanding need for batteries. Northvolt is establishing making capacity to meet $55 billion worth orders from crucial clients, such as BMW, Fluence, Scania, Volvo Cars, as well as Volkswagen Group.
Jul 7, 2022 // Markets & Finance News, Storage, NORTHVOLT, Peter Carlsson, Volkswagen Group, Ava Investors, Baillie Gifford, Battery Cell, cathode material, Compagnia di San Paolo, Folksam Group, Fondaco Growth, Goldman Sachs Asset Management, IMAS Foundation, Olympia Group, OMERS Capital Markets, PCS Holding, Swedbank Robur, TM Capital