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Solar developers will have a chance this spring to compete at a new renewable auction in Greece, the latest in a country aiming to take installed PV capacity near the 8GW mark by 2030.

The Chinese module giant has committed to sourcing 70% of its energy from renewables by 2023 and all of it by 2025. If serious, that could represent confidence in the amount of new renewable energy generation capacity to come online in China given the company’s huge production capacity expansion plans.

Ardian acquires Akuo, boosting renewable energy growth with strategic investment in sustainable solutions.

French renewable energy producer Akuo Energy said Friday it has secured a contract to construct in Tonga a power storage system with a capacity of 23.4 MWh/6 MW.

Independent power producer Linea Energy introduced on Friday it has acquired a 490-MW DC solar project in Texas from Britain's Horus Energy, therefore marking its entity right into the South Central US state.

The storage system was brought on-line ahead of schedule

Gore Street Energy Storage Fund (GSF) has agreed to acquire the 200MW Big Rock energy storage project in California from Avantus, with a grid connection scheduled for the second half of 2024. This acquisition will increase GSF's portfolio to 27 projects totalling 1173.2MW of operational and construction assets across the UK, Ireland, Germany the US.

SOFAR's new 300 MW utility project in China's Tengger Desert is expected to generate 540M kWh annually and save 160,000 tons of SCE. Over 1,300 inverters and the I-V scanning and SSLD feature for efficient and safe operation reflect the company's commitment towards global carbon neutrality. By 2022, SOFAR aims to increase production capacity to 10 GW for inverters and 1 GWh for batteries.

Fotowatio Renewable Ventures (FRV) and also Harmony Energy have signed up with pressures to commission their very first utility-scale battery system in the UK.

Greenbacker Renewable Energy Company purchased the rights to a portfolio of three solar projects totaling 9.27 MW from a subsidiary of BNRG Renewables (BNRG).

The Saudi Power Procurement Company reveals top bidders for 4.5 GW of solar and wind projects, fueling the Kingdom's ambitious goal of 100-130 GW renewable energy by 2030.

ERE partners with WAKO Group and AAP to develop 49 MW of solar power in Japan, set to enter construction phase this year for operation in 2027.

Iberdrola, a global renewable energy giant, plans to build six Battery Energy Storage Systems in Spain, using lithium-ion technology and hybrid systems with solar power. These projects will receive significant funding and play a vital role in maximizing clean energy utilization and grid stability.

Researchers in the US have published a study that brings 20 years of renewable energy (solar PV and/or wind plus storage) generation into line with historical energy-demand profiles, to ascertain at what storage cost point renewables can cost-effectively consistently meet 100% demand.

According to a brand-new report, an estimated $3.4 trillion will be purchased renewable energy during the next years, including $2.72 trillion in wind and also solar. By 2030, 54.1% of installed ability will be eco-friendly (consisting of hydropower), as well as 37.9% will certainly be a combination of solar and wind.