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Pacific Hydro is investing USD 260 million in its first solar farm in Chile, the 293-MWp Desierto de Atacama solar park project. With the expansion, it will generate 784 GWh of electricity, enough to power 310,000 homes. This project is part of Chile's 'National Energy Strategy 2050' for a 70% clean energy mix by 2050.

Colombian researchers achieve 20.06% efficiency with innovative NiOxIn solar cell, offering stability and cost-effectiveness in renewable energy technology.

Grenergy Renovables secures $345M loan for Oasis de Atacama solar-plus-storage project in Chile, aiming for 1GW of solar and 4.1GWh of storage by 2024.

Portuguese power team EDP has actually safeguarded a lasting power acquisition contract for its 200 MW Los Cuervos solar plant in the Mexican state of Aguascalientes. Neighborhood offtaker Ammper has actually accepted purchase the power.

Two PV plants are set to be built under the Project for Promotion of Auctions for Renewable Energies program, being implemented with the support of Mozambican utility Electricidade de Mocambique, which is likely to be the future off-taker of the solar energy generated.

As the green sector stumbles, analysts are seeing acquiring opportunities.

BSR signs a 15-year PPA with ElectroRoute for 462 MWp of UK solar, securing bankable revenues and expanding ElectroRoute’s managed portfolio to 3 GW.

Damascus launches a fixed-tariff scheme for 2–10 MW green power and signs a deal with 20Solar Energy to build twin 100-MW solar plants, one with battery storage.

Solar capitalist and asset supervisor NextEnergy Capital Group (NEC) is claimed to be aiming to sell a portfolio of solar projects in Italy for greater than EUR400 million (US$ 453 million), according to Reuters.

New breakthrough in solar energy: Researchers from the University of Ottawa and international partners have manufactured the world's thinnest photovoltaic cells, twice as thin as a strand of hair. Unlock potential for miniaturized electronic devices and lower energy costs.

Enhanced Capital in cooperation with GSPP has funded 10.25-megawatt solar power projects.

Spanish power as well as gas utility Naturgy Energy Group SA (BME: NTGY) announced on Tuesday it has actually released the building and construction of two wind as well as solar power projects at home with an incorporated capacity of 80 MW.

NextEnergy Capital (NEC) has become part of two separate ten-year power purchase contracts with Shell Energy North America for the power from 2 US-based solar ranches.

'Solar Module Super League' (SMSL) member Trina Solar is intending its initial major solar cell manufacturing expansion over the last few years, driven by its movement to large-area PV modules making use of the 210mm wafer dimension as it ramps manufacturing of its high-performance mainstream 'Vertex' Series modules in 2021 onwards.

With the government having actually already introduced steps which will certainly decrease the quantity of renewables in the national energy mix, additionally new arrangements will limit the release of power storage space and also the capacity of solar energy generators to offer excess power to neighboring consumers.