News
Natural Power sustains 100MW UK battery
Renewables consultancy to offer grid code conformity services for Zenobe's Capenhurst project
Feb 28, 2022 // Storage, UK, Europe, Zenobe, Natural Power, Alistair Parlett
Canadian Solar indicators PPA for 381MW Brazil solar
Agreement with steel maker to offload 50% of energy produced at the Morada do Sol project
Feb 28, 2022 // Markets & Finance News, Canadian Solar, South america, Brazil, Shawn Qu, solar farm, Sergio Leite de Andrade
UK firm Granted ₤ 912,000 to utilize Gravity to Store Energy at Brownfield site
The UK government's Department for Business, Energy & Industrial Strategy (BEIS) has granted around ₤ 912,000 in funding to London-based Gravitricity, whose trademarked technology utilizes gravity to save energy, to make it possible for the firm to set up an energy storage space project in Northern England.
Feb 28, 2022 // Markets & Finance News, Storage, UK, Europe, Electricity, GRAVITRICITY, Brownfield, energy storage projects, Store Energy
Revenue record aids Soltec minimize full-year net loss as development pipe grows
Solar tracker supplier and project developer Soltec observed a strong Q4 efficiency help reduce its loss for the full year to EUR1.2 million (US$ 1.34 million), with its project pipeline growing to in excess of 10GW.
Feb 28, 2022 // Markets & Finance News, Spain, Europe, Soltec, solar trackers, soltec sf7
ReNew sees 25% revenue jump however net losses soar as a result of NASDAQ listing
Indian independent power manufacturer (IPP) ReNew Power posted a 25.6% jump in revenue for the initial nine months of the fiscal year 2022 (FY22) compared to the very same duration in the 2021 fiscal year, while its net losses soared as a result of its August IPO on the NASDAQ.
Feb 28, 2022 // Markets & Finance News, IPP, India, Asia, ReNew Power, nasdaq
AES added 2GW of renewables in 2021, means to exit coal by 2025
Global power business AES included more than 2GW of renewables as well as power storage to its portfolio last year as the business officially confirmed its intent to exit coal generation by 2025.
Feb 28, 2022 // Markets & Finance News, USA, PPAs, PPA, financial results, North America, AES, AES Corporation, Fluence, coal exit
United States residential solar platform raises US$ 375m for business expansion
Clean power industry as well as technology services platform Palmetto has raised US$ 375 million to support its business expansion as it wants to drive uptake of rooftop solar and increase to offer brand-new items.
Feb 28, 2022 // Residential, Markets & Finance News, Rooftop PV, USA, North America, marketplace, software platform, fundraising, palmetto, Chris Kemper
InterGen wins Capacity Market agreement
Result represents landmark for 320MW Gateway BESS project in south-east England
Feb 24, 2022 // Markets & Finance News, Storage, UK, Europe, InterGen, Jim Lightfoot
Sembcorp bags 150MW UK battery contract
15-year contract safeguarded in provisional results for the T-4 2025/26 Capacity Market auction
Feb 24, 2022 // Storage, Sembcorp Energy UK, SEUK, Andy Koss
RES submits application for 50MW UK solar
Project in Nottinghamshire has been fine-tuned through a number of design versions complying with public consultation
Feb 24, 2022 // Plants, UK, Europe, res, Kingston Solar Farm, Claire Chamberlain
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
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