News

The Australian Renewable Energy Agency (ARENA) has today revealed USD 12.9 million in funding to the Australian Energy Market Operator (AEMO) for the growth of a major Victorian Distributed Energy Resources (DER) Marketplace trial called Project EDGE (Energy Demand and Generation Exchange).

Husk Power has actually achieved two sector firsts: exceeding 100 community minigrids as well as serving greater than 5,000 micro-enterprise clients.

Solar PV inverter remedies service provider-- Sungrow has introduced that it has supplied its medium-voltage inverter solutions to a 100 MW solar plant in Kaposvàr, south-west Hungary, which is just one of the biggest solar projects and biggest financial investment of this nature in whole Central Europe. Committing to sustain Hungary's climate policy targets, consisting of power manufacturing in a carbon-neutral way by 2050.

Hydro-Québec, Canada's largest electrical energy producer, is involved in the installment of a huge battery storage center in France.

BayWa AG has concluded its investor search for the organized funding boost at BayWa r.e. Renewable Energy GmbH.

Renewables developer as well as driver Terra-Gen has employed Mortenson to create the Edwards & Sanborn solar and also power storage space project located in Kern County, California. The project contains 1,118 MW of solar and 2,165 MWh of power storage space. It is currently the biggest solitary solar + storage space project to reach this landmark.

REC Solar, a company device of Duke Energy, has actually completed the globe's biggest business planetary system at the highest possible elevation of 13,600 feet atop the W. M. Keck Observatory in Hawaii.

Ecommerce huge Amazon has purchased 26 new utility-scale wind and also solar projects worldwide, bringing the business's total renewable energy capacity to 6.5 GW.

Getting capacity from solar projects in establishing economic climates got to 325GW in 2019, with China as well as India the greatest arising markets for tidy power financial investment, according to new findings from BloombergNEF (BNEF).

Solar EPC as well as O&M supplier Greencells has efficiently put the initial tranche of a secured environment-friendly bond, raising EUR15 million (US$ 17.9 million) to finance a growth press.

Enel Green Power has actually authorized an agreement that will see energy from among its US solar projects converted into eco-friendly hydrogen to be provided to a bio-refinery.

Meyer Burger Technology has actually concurred a settlement with Swiss headquartered PV maker, EcoSolifer over a 2015 on heterojunction (HJ) solar cell line contract that will cause a CHF 1.97 million (US$ 2.22 million) loss for Mayer Burger.

According to Johannes Bernreuter, head of Bernreuter Research the supply of polysilicon for the PV sector will certainly continue to be constrained in 2021, while considerable overcapacity is impending in 2022 as well as perhaps increase in 2023.

The gradual shift toward electrical vehicles (EV) has put battery stocks onto investors' radar. We've seen renewed passion in battery stocks complying with the speedy gains posted by Nio (NIO Stock Report) and also Tesla (TSLA Stock Report). Certainly, the EV trend has been around for time currently. According to Statista, the need for lithium will more than double over the next 5 years. And also where is that lithium going? You've got it right. Much of the lithium will certainly be for EV batteries.

Colombian power business Celsia SA announced on Wednesday it has taken into procedure a 9.9-MW photovoltaic (PV) park in Tolima division.