News

Chinese solar inverter maker Sungrow Power Supply Co Ltd (SHE:300274) on Wednesday claimed it has signed a 300-MW strategic partnership agreement with its channel agent, Indonesian solar roof specialist Utomo SolaRUV, to expand its sales in the Indonesian market this year and beyond.

Norwegian green power producer Scatec ASA (OSL: SCATC) has actually re-financed the non-recourse debt facilities tied to three running solar farms completing 190 MW it co-owns in South Africa.

United States solar power solutions provider Solar Tyme United States is seeking to raise USD 1.75 million (EUR 1.59 m) in debt or equity funding to develop 2 renewable energy projects in Sierra Leone, a 200-kW solar micro-grid and a 50-KW solar energy system.

Chinese photovoltaics (PV) business GCL System Integration Technology Co Ltd (SHE:002506) today introduced a solar module order in Brazil and also offered an update regarding its manufacturing operations in Hefei, China.

The German federal government should amend the current Renewable Energy Act (EEG) to sustain the repowering of solar parks on the way to the objective of boosting solar capacity to 200 GW by 2030, according to the Association of Energy Market Innovators (BNE).

In October, LGES as well as Stellantis NV struck an electric vehicle (EV) battery manufacturing joint venture The JV aims to begin manufacturing by the first quarter of 2024 as well as aiming to have an annual production capacity of around 40 GW of batteries.

The brand-new joint venture is called AMPYR Energy United States and will certainly be headquartered in New York. It will utilize the experience of AGP that has actually created large scale RE projects across the globe and likewise harness the power trading analytics of Hartree.

4th quarter saw more capacity set up than in the very first 3 quarters incorporated, states WoodMac

Vikram Solar has actually filed draft papers for its initial public offering (IPO) as it seeks to raise funds for a 2GW integrated cell as well as module factory in India.

Solar production equipment provider Mondragon Assembly has actually gotten a 60% stake in Chinese lamination equipment manufacturer QHD Visual Automation Equipment.

Solar developer ReneSola Power greater than doubled its project pipeline in 2021 and expects to maintain growth this year amid rising demand for renewables as European markets seek to attain even more energy independence.

Japanese investment company Mitsui has spent EUR575 million (US$ 631.6 million) in renewables designer Mainstream Renewable Power, bringing its valuation to EUR2.1 billion after the transaction.

Canadian power manufacturer Capital Power Corp (TSE: CPX) on Wednesday claimed its 41-MW Strathmore Solar center in Alberta has begun procedures.

Tesla has been gotten to offer 150MW/300MWh of its Megapack battery energy storage system (BESS) remedy for projects in growth by Edify Energy in Australia.

Canadian Solar delivered simply under 900MWh of battery storage in 2021, the first full year of its participation in the section, but expects to double that figure this year.