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Solar project features bifacial modules near to Spanish capital Madrid

Italian utility group Enel SpA (BIT: ENEL) on Thursday reported a net ordinary income of EUR 5.39 billion (USD 5.73 bn) for 2022, down by 3.6% year-on-year, but simply above the upper series of guidance of EUR 5.3 billion.

A natural semiconductor photocatalyst that dramatically improves the generation of hydrogen gas can cause extra effective power storage space innovations.

Swedish solar firm Svea Solar has obtained a EUR-100-million (USD 107.39 m) financial investment from US-based fund manager CarVal Investors which will help it create and also build 500 MW of utility-scale solar projects in the residence market and abroad.

Mitsubishi Corporation has actually finished the purchase of continuing to be shares of renewables trading firm ElectroRoute.

Muscle Shoals project will supply electrical power to the Tennessee Valley Authority

Solar mini grids can power almost half a billion individuals by 2030 yet to attain this action is needed to increase their implementation, the World Bank stated on Tuesday.

As energy markets become more volatile, businesses must manage their energy costs more effectively. Global power demand growth slowed to less than 2% in 2023,

Edelweiss Infrastructure Yield Plus, managed by Edelweiss Option Asset Advisors, has actually wrapped up the purchase of a regulating stake in the Indian solar power assets of French energy Engie.

Renewables driver secured 2 green fundings for the Andasol 1 and 2 CSP plants in Granada

Korean module maker Q CELLS will spend EUR35 million into its worldwide R&D headquarters in Germany to sustain its efforts in n-type solar cell as well as module development. The business has recognized this technology as one of the most efficient next-generation chauffeur of lowered cost within solar over the following couple of years.

Microinverter supplier Hoymiles Power Electronics has actually introduced on the Shanghai Stock Exchange STAR Market through a virtual listing event in Hangzhou.

United States PV developer Birch Creek Development has actually increased its existing credit facility with financial obligation funding service provider Fundamental Renewables to US$ 250 million to pursue its 5GW solar pipe in the US and also support its module procurement technique.

Pestech, a Malaysia-based electrical power technology company, has entered into a partnership with Chinese inverter maker Sungrow to jointly develop new floating solar solutions.

Wood Mackenzie claims government auctions need to incentivise flexible power