Search

British oil and also gas major BP Plc (LON: BP) has actually clinched a deal to buy a 40.5% stake in the 26-GW Asian Renewable Energy Hub (AREH) project in Pilbara, Western Australia, as well as will become its driver, it said today.

Scientists at the institution have achieved 21.6% efficiency with a perovskite cell measuring 1cm². The landmark has been verified as a new world record for perovskites at this size.

Researchers from the Ulsan Institute of Science and Technology have demonstrated a new method of fabricating perovskite-on-silicon tandem devices, using a transparent conductive adhesive to combine the two cells. The scientists have developed devices with demonstrated efficiencies of 19.4%, and propose strategies to bring that above 24% using existing technology.

Sembcorp Industries Ltd to acquire 245 MW of renewables capacity, including wind, solar and hydropower, for SGD-218-million. Deals to be completed in 2024 and will help Sembcorp reach its goal of 25 GW of gross installed renewables capacity by 2028.

Solar installer Borrego has actually been chosen by Greenbacker Renewable Energy to engineer and also construct two utility-scale solar projects in Montana and South Dakota.

Chile is an overachiever in meeting its electrical power requires from renewables Its target was to achieve 20 per cent by 2025 South American country Chile has actually emerged as a surprise success story when it comes to adding renewable capacity. The nation has virtually 22 percent of its electrical energy demand met by solar as well as wind farms.

The country's regulator has approved a government plan to tender for 11.81 GW of power generation capacity on top of the 2 GW tender opened last month.

Spark Renewables today unveiled a proposition to establish a renewable energy generation and storage space center in New South Wales (NSW) for approximately 2.5 GW of overall capability.

Potentia Energy’s 900-MWh battery is the first approved under South Australia’s Hydrogen and Renewable Energy Act, unlocking more headroom for solar on the grid.

Scatec has today been awarded Preferred Bidder standing on three projects totaling 150MW (3x50MW) of Contracted Capacity, by the Department of Mineral Resources and Energy in South Africa under the technology agnostic Risk Mitigation Power Procurement Programme (RMIPPP). The tariffs awarded to the projects drop within the series of the formerly granted preferred bidders.

Specifically, the deal will sustain 8 renewable energy projects in the district besides Snowy 2.0 hydropower project in one of the most populated district of Australia. The federal government will be spending A$ 4.7 billion and also NSW will certainly add A$ 3.1 billion through completion of this decade to eliminate the reliance on fossil fuels for power.

Lodestone Energy launches its first South Island solar project, powering 7,000 homes and boosting New Zealand's clean energy goals with eco-friendly innovation and local job creation.

The Australian energy storage company is planning the acquisition of SolarReserve Australia II, owing three solar sites in Australia. 1414 Degrees is about to create a huge solar park with 400 megawatts of photovoltaic capacity and a few thousand MWh of thermal storage.

Recurrent Energy secures $51 million financing for 119 MW Horus Solar project in Mexico, partnering with Korea Eximbank and KEB Hana Bank for renewable energy success.

Australian energy change business Global Energy Ventures (ASX: GEV) last week introduced plans to construct a 2.8-GW solar complicated on the Tiwi Islands off Australia's Northern Territory, to fuel the manufacturing of an on-site green hydrogen center.