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Norwegian state-owned utility Statkraft AS said on Thursday it had posted a net profit of NOK 28.6 billion (USD 2.74 bn/EUR 2.58 bn) for 2022, up by 77.6% year-on-year, on record-high revenues.

The African Development Bank (AfDB) claimed on Friday that its board had approved to extend a USD-2.5-million (EUR 2.56 m) grant to the government of Mozambique to sustain the renewables development in the nation.

Chilean utility Colbun SA has renegotiated the terms of a decade-plus old power purchase agreement (PPA) with state-owned copper miner Codelco to gradually replace the contracted supply of coal-based electricity with 100% renewables.

Chinese solar module manufacturer JinkoSolar Holding Co Ltd (NYSE: JKS) on Monday claimed its international operations are now powered greater than 50% by renewable resource.

Brazilian telecom Claro SA has actually linked to the grid a 6.3-MW distributed generation (DG) solar plant in the south of the country.

Asian C&I solar specialist Cleantech Solar has actually secured a US$ 75 million financing to money its development across Southeast Asia.

The Chattisgarh Commission has issued a draft order with the generic levelised tariffs for FY 2019-20 & 2020-21 for renewable energy sources like solar.

Vianode held that the Herøya industrial plant will generate anode graphite for concerning 20,000 electric cars each year by 2024. Vianode wants to supply the shortage in the graphite materials towards 2030 in Europe.

New South Wales has actually shortlisted 16 projects envisaging the release of more than 4.3 GW of power generation and storage space capacity to continue in the preliminary of tenders intended to promote the production of a large renewable energy zone.

Meridian and Nova's 400-MW Te Rahui solar farm promises energy diversity and stability, enhancing New Zealand's grid with innovative solar-battery integration by 2027.

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.

Lightyears Solar breaks ground on a 13.5MW South Island solar farm—major new clean power capacity in New Zealand—advancing low-carbon goals with thousands of PV panels and local jobs.

Britishvolt has revealed a brand-new senior hire, with William Reynolds signing up with as primary financial officer.

Unigreen Energy, owned by Hevel majority shareholder Ream Management LLC, has begun on a wafer and cell factory that will generate 1.3 GW of silicon n-type monocrystalline ingots and wafers in addition to 1GW of heterojunction technology (HJT) solar cells.

Developer has joined pressures with power energy PPC and aims to start operating initial projects in 2023