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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.

Aker Horizons ASA (OSE: AKH) announced on Wednesday it has actually agreed to take care of its continuing to be shares in Norway-based polysilicon and silicon gas producer REC Silicon ASA to South Korea's Hanwha Group.

Spanish electrical utility Endesa SA (BME: ELE) is presently building 497 MW of wind as well as solar farms in the Castile-La Mancha area of Spain, it claimed.

State utility Idaho Power will promote the construction of a new 40-MW solar project in partnership with computer system storage manufacturer Micron. The project supports Micron's goal to source 100% renewable energy for its U.S. procedures by the end of 2025.

Sol del Desierto is just one of the largest solar plants in the country

The study finds that Home Storage Systems (HSS) make up 93% of Germany's storage market et cetera 7% is dispersed among industrial as well as large scale sectors. An overwhelming number of brand-new storage installations in 2021 were of lithium-ion.