News

ACWA Power team toasts 500MW solar success in Oman
Ibri 2 project will supply electricity to the Oman Power and Water Procurement Company for over 15 years
Jan 25, 2022 // Plants, Large-Scale, Commercial, Asia, Oman, ACWA Power, solar farm, Mohammad Abunayyan
Nexans supplies cables for Enel solar in Colombia
Over 390km of low and medium voltage wires were delivered to the 187MW La Loma project
Jan 25, 2022 // Plants, Commercial, Markets & Finance News, South america, Colombia, Nexans, Enel solar
Vistra Introduces Expansion Of California Storage Facility To 3000 MWh
The expansion will certainly make this the world's biggest battery storage facility Vistra today announced that it prepares to additional expand its Moss Landing Energy Storage Facility in Moss Landing, California.
Jan 25, 2022 // Storage, California, USA, North America, Curt Morgan, Vistra Corp
Airtel Sets Up Its Largest Captive Solar Plant, 21 MW with Avaada
Telecom operator Bharti Airtel on Tuesday has actually revealed the commissioning of a new 21-megawatt solar energy plant in Buldhana district of Maharashtra.
Jan 25, 2022 // Plants, India, Asia, maharashtra, solar plant, esg, Avaada, Bharti Airtel, Captive, Data Centre
Trump steel tariffs stay essentially forever
Former President Donald Trump provided an order in March 2018 to enforce a 25% worldwide tariff on imported steel and also 10% on aluminum, and also after virtually 4 years, there is no end in sight for these import taxes. The Section 232 order aimed to enhance domestic steel manufacturing and address excess steel capacity that has been "dumped" right into the United States from global resources.
Jan 25, 2022 // Tariffs, USA, Donald Trump, North America
Growatt releases brand-new modular household LFP battery
Growatt has actually unveiled its brand-new modular AXE LV battery system to satisfy the growing demand for property off-grid lithium power storage systems.
Jan 25, 2022 // Storage, Growatt, Lisa Zhang
Italy to limit profits made by some FIT-backed solar projects in feedback to energy crisis
Italy's government will limit the windfall profits of some feed-in tariff-backed solar PV projects that have actually had the ability to take advantage of rising energy prices.
Jan 25, 2022 // Markets & Finance News, Italy, Europe, subsidies, feed-in tariff, italia solare, Elettricità Futura, retroactive subsidy cut
US renewables companies assert US$ 2bn lost monthly in the middle of Build Back Better deadlock
Greater than 260 companies in the US clean energy sector are demanding urgent action on the US$ 1.75 trillion Build Back Better (BBB) Act, claiming that US$ 2 billion is being shed in financial activity monthly the long-awaited expense is delayed.
Jan 25, 2022 // Manufacturing News, Markets & Finance News, USA, North America, congress, Joe Manchin, American Clean Power Association, Build Back Better
GCL-Poly confirms completion of its granular silicon facility, anticipates US$ 850m net profit in 2021
Major polysilicon and wafer manufacturer GCL-Poly Energy Holdings verified the completion of its granular silicon facility as well as, in a significant turnaround of its lot of money in 2020, is expecting RMB5.4 billion (US$ 850 million) in net profit for 2021, according to a business statement.
Jan 25, 2022 // Manufacturing News, Markets & Finance News, China, Asia, silicon, LONGi, GCL-Poly, granular silicon
Daqo Xinjiang subsidiary forecasting five-fold profit jump as development plans development
Polysilicon producer Daqo New Energy is expecting a five-fold rise in internet profit from its Xinjiang subsidiary as it remains to progress growth plans.
Jan 25, 2022 // Manufacturing News, Markets & Finance News, China, polysilicon, Asia, Daqo New Energy, Daqo, upstream, Xinjiang
Leeward Renewable Energy signs PPAs with Verizon for 360MW of solar
Renewables designer as well as driver Leeward Renewable Energy has actually signed power acquisition agreements (PPAs) with telecom company Verizon for a portfolio of four under-development solar and also wind plants in the US with an incorporated capacity of 640MW.
Jan 25, 2022 // Markets & Finance News, USA, PPA, Texas, Arizona, First Solar, North America, leeward renewable energy, Verizon
Solar forecasting errors in the US lower than formerly believed, says Berkeley Lab research
The average price of forecasting errors in the US is less than previously assumed at less than US$ 1/MWh, according to a research by Berkeley Lab that utilized a new, openly available approach to check out the method.
Jan 25, 2022 // Markets & Finance News, USA, pv power plants, solar-plus-storage, North America, Berkeley, solar forecasting, ISOs, NAM forecast, performance
Hydrogen - 10 Predictions for 2022
If 2021 was a defining year for clean hydrogen, hang on to your hats for 2022. Electrolyzer sales are projected to quadruple this year-- driven by the Chinese, U.S. and also European markets-- and also clean hydrogen demand from industry is set to go beyond usage in autos several times over. Meanwhile, taking advantage of investor enthusiasm, a flurry of hydrogen business will go public this year, and greater than 20 nations are anticipated to release a national hydrogen approach.
Jan 25, 2022 // Market Research, Solar to Fuel, USA, China, Europe, Asia, hydrogen, North America
1H 2022 Sustainable Finance Market Overview
In 2021, greater than $1.6 trillion in sustainable financial debt tools were provided, setting a new record and also bringing the total market to over $4 trillion.
Jan 25, 2022 // Markets & Finance News, Market Research, UK, Europe, Asia, Africa, Singapore, South Africa, Green bonds, cop26, Glasgow Financial Alliance
Oman inaugurates 500 MW Ibri II solar park
Oman is inaugurating today the 500-MWac Ibri II photovoltaic (PV) park in the northwestern governorate of Al Dhahirah, which stood for an investment of regarding OMR 155 million (USD 403.1 m/EUR 356m).
Jan 24, 2022 // Plants, Large-Scale, Commercial, Asia, Oman, Solar Park, Al Dhahirah