Asia

Israel-based solar (PV) inverters vendor SolarEdge Technologies Inc (NASDAQ: SEDG) reported a soaring net profit and a record-high level of revenues generated in the initial quarter of 2023, boosted by "strong international presence and implementation capabilities."

In an essential meeting of the company, it was determined to develop 13 solar plants in 8 mining areas of Singareni. The DPRs of the solar projects were gone over in the conference and also it was chosen that message approval from the board, tenders will certainly also be issued.

The company is developing a grand 'Amara Raja Giga Corridor' in which it will certainly produce lithium cells with a capacity of upto 16 GWh and also battery packs of upto 5 GWh. Originally it will construct facilities that will serve as an innovative energy research study and also advancement center called 'Amara Raja E +Ve Energy Labs.'

Researchers from China's Chongqing University, the Chinese Academy of Sciences (CAS) as well as JA Solar Holdings Co., along with South Korea's Ulsan National Institute of Science and Technology (UNIST) as well as Germany's CTF Solar as well as have actually made a perovskite solar cell based upon a binary blended hole transport layer (HTL) that apparently supplies much better efficiency than HTLs that depend on commonly used hygroscopic dopants.

The Israeli Ministry of Energy and Infrastructure on Tuesday provided a national strategy imagining the release of 800 MW/3,200 MWh of energy storage capacity, consisting of the country's first large-scale storage unit.

The official opening was held in Turkey's Konya province of Kalyon Energy's solar power plant of 1.35 GW in peak capacity or 1 GW in connection terms. The photovoltaic or pv panels were created in Kalyon Holding's manufacturing facility in Ankara, with domestic participation in materials, services and work of 76%.

High-end home appliance manufacturer Dyson stated Wednesday that it would open up a new manufacturing facility in Singapore to manufacture next-generation batteries, in addition to new centers in other places to enhance its research study right into AI and software development.

Indian solar module maker Navitas Green Solutions Pvt Ltd, likewise called Navitas Solar, has increased USD 5 million (EUR 4.5 m) to support its plan to expand its production capacity to 1.7 GW, it said on Friday.

Japan's Kao Corp and Mizuho Leasing Co Ltd (TYO:8425) on Friday announced the finalizing of a solar virtual power purchase agreement (PPA) in between the two companies.

Chinese solar company Trina Solar Co. Ltd. stated it had actually reached the 140 gigawatt (GW) mark in cumulative solar module production by the end of March. According to the report, the firm, which was founded in 1997, produced around 30 percent of this amount-- 43.1 GW-- last year alone.

China has achieved yet one more milestone in its quest for renewable resource domination, appointing its first solar energy plant in arid regions, located in the Tengger Desert. The center, which is the second largest solar energy plant in the world, aims to get to a complete solar capacity of 3 GW as well as stands for an important step towards the nation's commitment to ending up being carbon neutral by 2060.

Greater than 106 consulting companies and contractors have actually been approved in Saudi Arabia to develop distributed solar photovoltaic or pv (PV) systems for households as well as small companies after the regulatory framework for renewable resource systems for self-consumption was launched last November.

A worldwide research group that includes scientists from EPFL in Switzerland, Middle East Technical University (METU) in Turkey, Lomonosov Moscow State University in Russia as well as The University of Tokyo has actually produced a quasi-2D perovskite solar cell with a unique type of salt to enhance hole extraction.

Prof. Ye Jichun's team at the Ningbo Institute of Materials Technology and Engineering (NIMTE) of the Chinese Academy of Sciences (CAS) has actually created a long-alkyl- chain anionic surfactant (LAS) additive that can significantly improve the lasting operational stability of perovskite/silicon tandem solar cells. The research study was published in Nature Communications.

$ 123m package includes loans of approximately $36m from the EBRD as well as $14.6 m from the OPEC Fund