News

US independent power producer Soltage LLC has actually protected a USD-130-million (EUR 176.4 m) debt center led by Silicon Valley Bank to fund a portfolio of solar projects throughout six states.

Community Choice Aggregators (CCA) Central Coast Community Energy (CCCE) and Silicon Valley Clean Energy (SVCE) have actually authorized contracts for 778MW of renewable resource generation and also 118.75 MW of energy storage in California.

Canadian Solar has closed a BRL500 million (US$ 100 million) funding center to create a Brazilian solar portfolio claimed to be the nation's biggest, while also offering it the alternative to hold constructed solar possessions for longer.

Greek industrial group Mytilineos recorded an internet revenue of EUR77 million (US$ 91 million) in H1 2021, nonetheless the company's renewables department witnessed a drop in income year-on-year.

Japanese renewables programmer Shizen Energy Inc has begun the commercial operation of some 3 MW of solar photovoltaic (PV) capability in Kagoshima prefecture.

Officials with battery maker Form Energy have actually revealed the growth of the Iron-Air 100-hour storage battery-- a battery suggested to keep electrical energy developed from sustainable sources such as solar and also wind. As part of their news, they note that their brand-new battery is based on iron, not lithium, and also thus is a lot more economical to produce.

The cancellation notes the biggest pushback to a solar project in the United States till date. Local resistance to projects is not distinct to the United States, and is a concern in higher population locations like India as well.

The Q2 numbers are a record for topline in addition to net income for Tesla, easily defeating estimates. The firm's change to LFP chemistry for some storage space products will be closely watched.

The order demonstrates the need for as well as acceptance of India made modules in the US and also various other industrialized markets. Waaree has some major development intends too.

RWE to develop 117 MW hydropower-coupled battery storage systems at two locations in Germany. Euro 50 million financial investment is required for the project which is expected to start functioning by 2022 end.

A 7-MW community solar project in Belfast, Maine is now functional as well as providing tidy power to the energy grid.

A solar-wind-energy storage hybrid project is to power a Madagascan mine after Rio Tinto authorized a power acquisition contract with independent power manufacturer CrossBoundary Energy.

The speed of environment action in the US is "completely undesirable", according to the director of the United States Department of Energy's (DOE) Loan Programme Office, Jigar Shah.

Support for dispersed energy sources (DERs) like rooftop solar, area solar and also battery storage space can save Californian ratepayers US$ 120 billion over the following three decades, according to a brand-new report.

US utility titan NextEra Energy included 1.84 GW of renewables and energy storage projects to its backlog in Q2 2021, however its Energy Resources division reported a financial loss of US$ 315 million.