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Members to Increase Cross-border Affiliations as Shares of Renewables Grow: IRENA
According to IRENA's World Energy Transitions Outlook, to accomplish environment objectives, worldwide electricity generation need to increase three-fold by 2050, making grid versatility incredibly important as countries race to lower discharges. Cross-border affiliation stands for one of the essential remedies to managing the variability of renewable power as well as grid security issues.
May 17, 2021 // Markets & Finance News, IRENA, Renewable Energy, Francesco La Camera, climate goals 2050, World Energy Transitions Outlook
Asian Development Bank to Fund Bhutan's First Utility-Scale Solar Project
The financing includes an $8.26 million concessional lending as well as an ADB-administered $10 million grant from the Asian Development Fund. Bhutan wishes to move beyond hydropower sources of energy in the sight of climate modification.
Oct 31, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Asian Development Bank, hydropower, Solar Project, Bhutan, Christoph Meindl, Republic of Korea e-Asia, Republic of Korea e-Asia and Knowledge Partnership Fund
Eiffage RMT gets land for the Illoulofin solar energy station (25 MWp).
A 25 MWp photovoltaic or pv solar energy plant will be established in Illoulofin, commune of Pobè. On 19 November 2020, the mayor of this commune, Dinan Simon, turned over a 96-hectare story of land to the Eiffage RMT consortium.
Nov 23, 2020 // Plants, Large-Scale, Commercial, Solar Power Plant, Eiffage RMT, Dinan Simon
1.5 GW of Irish PV to obtain grid connection provides through ECP procedure
Eirgrid and ESB Networks have actually launched the full listing of renewable resource projects to get grid connection supplies in Ireland via their enduring connection policy (ECP) process, with solar PV representing most of these.
Nov 22, 2021 // Plants, Large-Scale, Storage, Grids, Ireland, Europe, solar farm, Esb, Paul Carson, Eirgrid
Yingli in talks with creditors over break up
The Chinese solar manufacturer today admitted it is in talks with its lenders and strategic investors about a break up of the company after its 2018 annual accounts revealed an apparently unserviceable debt pile. Any strategic investor is likely to constitute a Chinese state-backed bail-out.
Oct 20, 2019 // Manufacturing News, China, Asia, yingli
Risen profits for HJT manufacturer
Ukraine’s favorite solar module manufacturer has posted another encouraging set of returns, after a difficult year in 2018. And Risen – which boasted 6.6 GW of annual production capacity at the end of last year, according to analysts at PV InfoLink – is committed to adding another 2.5 GW before 2022.
Oct 30, 2019 // Manufacturing News, Markets & Finance News, China, Ukraine, Europe, Asia, Risen
Vodaphone, Centrica and MYTILINEOS indicator PPA for 110MW of solar
Vodaphone and Centrica have signed a power purchase agreement (PPA) with MYTILINEOS S.A for the output of three solar farms in the UK.
May 12, 2022 // Large-Scale, Commercial, Markets & Finance News, PPA, Centrica, Mytilineos, Nikos Papapetrou, Vodaphone, Cassim Mangerah
Building starts on 200MWh Fluence BESS projects in Lithuania for 2022 conclusion
Building has started on the initial of four battery energy storage space systems (BESS) amounting to 200MW/200MWh from worldwide system integrator Fluence in Lithuania.
Jun 30, 2022 // Storage, Blockchain, Ukraine, Europe, investment, lithium-ion, Lithuania, EU, Fluence, Siemens Energy, renewables integration
Colombia backs PV plant as president touts clean energy shift at UN summit
One of the largest solar projects to date in Colombia has cleared a key planning hurdle as president Iván Duque promised clean energy leadership at this week’s UN summit.
Sep 25, 2019 // Plants, Large-Scale, Commercial, Canadian Solar, pv power plants, pv modules, South america, auctions, policy and regulation, tenders, Colombia, Iván Duque
Universal Solar To Open 600 MW PV Module Factory In Panama
The first module lines will range from 350 to 545 watts. All will certainly be high-efficiency (20.04 to 21.46 percent), low-LID, mono PERC and some will feature half-cell modern technology. Deliveries from the plant in Central America will certainly get to any united state port in approximately five days.
Jul 28, 2022 // Manufacturing News, North America, panama, Chief Executive Officer, John Bereckis, Universal Solar, Colón Container Terminal CCT
AES on track for 2022 renewables contract targets, driven by United States market
Energy technology company AES Corporation is still on track to reach its target of 4.5-5.5 GW in long-lasting renewables and also energy storage contracts in 2022, having actually currently signed 1,618 MW in the year to date, according the firm's Q2 economic report.
Aug 8, 2022 // Markets & Finance News, PPA, pv power plants, financial results, AES, us, AES Corporation, project pipeline
WEnergy Global & Partners Win Biggest Tender for Power Grids in Philippines
Singapore's WEnergy Global, collectively with Maharlika Clean Power Holdings as well as Clean Grid Partners, collectively referred to as the Maharlika Consortium, with their Special Purpose Vehicle, Island Chain Renewables Corporation, has actually authorized a Qualified Third Party (QTP) Service Contract to stimulate over 7,100 families as well as 300 tiny local companies with 16 microgrids spread over 14 barangays in 7 towns throughout the service location of the Palawan Electric Cooperative (PALECO) in Palawan, Philippines.
Sep 9, 2022 // Markets & Finance News, Archipelago Renewables Corporation, Clean Grid Partners, Maharlika Clean Power Holdings, Maharlika Consortium, Palawan Electric Cooperative, special purpose vehicle, WEnergy Global
SIDS to Strive for New Goal of 10 GW Renewable Energy Installed Capacity by 2030
In 2021, the total mounted renewable capacity for SIDS stood at 6533 MW, a boost from 6141 MW in 2020.
May 31, 2023 // Market Research, IRENA, International Renewable Energy Agency, Small Island Developing States, UN Climate Summit
Soleos and Melci to Launch 200-MW Solar Project in DRC
Soleos Energy and Melci Holdings join forces to launch a $200 million solar plant in the DRC, powering the future with 350 million kWh annually!
Oct 18, 2024 // Plants, Large-Scale, Commercial, PV Power Plant, Soleos Energy, Melci Holdings
Construction begins on mining giant BHP's initial off-grid solar-storage project
Construction has started on BHP's "first off-grid large-scale renewable resource project", completing 38 MW of solar energy and a 10.1 MW/5.4 MWh battery energy storage system (BESS), at 2 nickel mines in Western Australia which supply Tesla for usage in electrical lorry (EV) batteries.
Feb 4, 2022 // Plants, Australia, solar-plus-storage, Oceania, power purchase agreement, solar-storage project, bhp, Jessica Farrell, diesel, emissions reduction, gold mine