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Sri Lanka will certainly Use $100 Million Indian Credit Line for Rooftop Solar
The Sri Lankan Government is mulling over releasing rooftop photovoltaic panels on government buildings and religious locations to relieve the electricity tariff. In July, 2021, India had actually signed a contract with Sri Lankan Government to expand a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar power projects.
Oct 17, 2022 // Markets & Finance News, Rooftop PV, Asia, rooftop solar, Sri Lanka, Renewable Energy, LoC, Ceylon Electricity Board, Kanchana Wijesekara, electricity distribution entity, Public Utility Commission, Sri Lanka’s Energy Minister
NextEnergy Solar Fund Acquires 250 MW Battery Storage Portfolio in UK
NextEnergy Solar Fund acquired the portfolio for ₤ 32.5 million and it hinges on east of England. The storage as well as grid project is called 'Project Lion' which is a 2-hour period system at 500 MWh. The project is anticipated to be energised in 2025.
Nov 2, 2022 // Markets & Finance News, Storage, UK, Europe, Michael Bonte-Friedheim, NextEnergy Solar Fund Ltd
Iran Aims To Get International Solar Alliance Membership
Currently, the share of renewables in Iran's power generation is only a little over 1.1%. According to the Ministry of Energy, solar power plants have an annual production of 455.28 megawatts as well as a share of a little over 50 percent of renewable power. Wind power plants, on the other hand, have a share of 34.31%.
Jan 9, 2023 // Markets & Finance News, Policy, Asia, North America, Iran, wind power plants, solar power plants, Renewable Electricity, Antigua and Barbuda, Solar Farms, international solar alliance, installed capacity, Sixth Development Plan
Clearway finishes 2nd solar + storage project on Kamehameha Schools land in O'ahu
Clearway Energy Group's 36-MW solar farm with 144 MWh of battery storage on Kamehameha Schools' lands in Waiawa in Central O'ahu just recently achieved commercial procedures after passing every one of its necessary commissioning tests.
Jan 13, 2023 // Plants, Large-Scale, Commercial, Storage, PV Power Plant, clearway, Craig Cornelius, Shelee Kimura
NEC Energy to Provide 100 MW Storage Projects in Northern Ireland
NEC Energy Solutions has announced that it will provide 100 MW of energy storage in Northern Ireland for the Gore Street Energy Storage Fund (GSF).
Jan 15, 2020 // Storage, ENERGY STORAGE, International, NEC Energy, Northern Ireland
Abu Dhabi fund approves $105m for clean energy projects
The Abu Dhabi Fund for Development will support half a dozen megawatt scale projects featuring solar in the Caribbean and Africa. In addition to around 42.5 MW of new solar capacity, the fund will also back the development of energy storage, waste-to-energy and biogas facilities.
Jan 16, 2020 // Markets & Finance News, Storage, Abu Dhabi, ADFD, Francesco La Camera
Maldives Welcomes Applications for 21 MW World Bank Backed Solar Projects
Maldives has revealed its largest renewables task up until now, welcoming bidders to send applications to install 21 MW solar systems on its 6 significant islands.
Feb 6, 2020 // Plants, tender, Asia, International, Maldives
Exhibitors in Dhaka upbeat about solar future
Getting on for 300 international exhibitors are attending the Solar Bangladesh Expo in Dhaka which opened today and runs until Saturday. pv magazine’s Syful Islam is walking the floors and hearing optimistic messages.
Oct 17, 2019 // Solar, rooftop PV, exelon, Dhaka, Solar Bangladesh Expo, Nahid Hasan, Kazi Atiqur Rahman, Ahsan Ullah Chowdhury, Denryo
Highview induces partner to deliver 50MW storage
MAN Energy Solutions will supply the turbomachinery train for the LAES center in Greater Manchester
Apr 20, 2021 // Storage, UK, Europe, Javier Cavada, Highview Power, MAN Energy Solutions, Wayne Jones
Indonesia to mount 4.7 GW of solar by 2030 under decarbonisation strategy
Indonesia is aiming to deploy an extra 4,680 MW of solar by 2030 as part of efforts to get to internet no carbon exhausts by 2060.
Oct 6, 2021 // Markets & Finance News, Grids, Asia, Indonesia, energy transition, decarbonisation, PLN, deployment target
Green hydrogen project in Mallorca begins with solar farm building and construction
A Spanish eco-friendly hydrogen consortium has actually begun the building of a 8.59-MWp solar PV plant on the island of Mallorca, one of a number of sub-projects within the island-wide Green Hysland campaign.
Aug 5, 2021 // Plants, Solar to Fuel, PV plant, hydrogen, Acciona
New York Loves Distributed Solar, Targets 10 GW By 2030
The New York strategy, that will progress irrespective of the fate of the US head of state's bigger Build Back Better bill, is a solid example of exactly how distributed initiatives can likewise help achieve sustainability goals.
Dec 22, 2021 // Markets & Finance News, NYSERDA, Andrew Cuomo, decarbonisation, Distributed Energy, new york state, Department of Public Service, DPS
SunPower grows Dealer Accelerator Program with financial investments in EmPower Solar and Renova Energy
National solar services provider SunPower has actually made minority investments in 2 more local solar installers, EmPower Solar as well as Renova Energy. With these investments, Renova (California) and EmPower (New York) are the most recent additions to SunPower's Dealer Accelerator Program. SunPower previously made minority investments in Freedom Solar Power (Texas) and Sea Bright Solar (New Jersey).
Sep 16, 2022 // Markets & Finance News, SunPower, EmPower Solar, Renova Energy
Korea’s South Jeolla province is becoming a solar hub
According to Korean government, around 18,000 unlicensed projects up to 1 MW in size are being developed in the area. Restrictions on such projects, which are driving this year’s strong solar growth in the country, are being introduced to reduce their environmental impact.
Sep 19, 2019 // Plants, Large-Scale, Commercial, Residential, Korea, MOTIE, KEPCO
Akuo Energy Sets Up Agrisolar Portfolio in Greece With Four PV Comprising 1 MW Each
French renewable energy firm Akuo Energy has established its first solar park in Greece, with four PV comprising 1 MW each. This new photovoltaic plant is a result of the MoU signed between the regional authority and local agricultural firms, and is set to give an impetus to the addition of renewable energy sources.
Feb 23, 2023 // Markets & Finance News, ENERGY STORAGE, Solar Panels, agrivoltaics, Akuo Energy, solar farm, Balkan countries, Chalki island project, Floating solar projects, renewable sources, wind farm project