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Modus Asset Management secures EUR 14 million from SEB Bank to finance the purchase of a solar portfolio in Lithuania with bifacial photovoltaic panels and single-axis trackers. This acquisition brings Modus' solar portfolio up to 76 MW and is expected to generate 26 GWh of electricity annually.

Global technology giant Huawei is tapping into its telecoms-led, AI and 5G technologies to bolster the levelized cost of electricity (LCOE) in utility-scale solar projects.

Researchers at Germany's Helmholtz Zentrum Berlin have actually made an exploration they state might considerably boost the power storage space capability of titanium-based 'MXene' pseudocapacitors, eventually bring about faster-charging batteries. The team discovered including urea particles in between MXene layers boosted the product's storage space ability by approximately 56%.

Abu Dhabi-based renewables designer Masdar has begun deal with a project for the implementation of 1 GW of solar capacity in 4 governorates in Iraq, the country's Ministry of Electricity claimed on Sunday.

Saudi Arabia-based utility programmer Acwa Power is prepared to implement solar photovoltaic or pv (PV) forecasts it has actually proposed to develop in Iraq once the brand-new government permits to proceed.

First Solar has broken ground on a record-breaking $1.1bn PV panel manufacturing facility in Louisiana. The facility, expected to start commercial shipments by the first half of 2026, will create 500 construction jobs and increase the company's nameplate manufacturing capacity by 3500MW.

ACWA Power has received commercial-operation certificates for three Saudi PV plants totaling 2.79 GW, with financial impact expected in the second half of 2025.

Depletion of fossil fuels, climate change and global warming were the driving factors for investment in the field of renewable energy. The renewable technologies can play a vital role in mitigating or slowing down of energy insecurity, energy prices and climate change globally.

Scientists from American National Renewable Energy Lab have discovered a new technology to cut the costs of manufacturing of a very efficient (but at the same time extremely costly) GaAs solar cell.

Total Quadran has enlisted a French financier to pump new capital into an up-and-running renewable energy portfolio, split between 40-plus projects across the country.

The Ministry of Electricity Transmission Establishment is looking for to construct a 23 MW solar center in Damascus as well as a 40 MW plant near Homs.

Belgian designer DEME is preparing approximately 500 MW of hydrogen manufacturing capability at the port of Dumq, which is abundant in solar as well as wind power sources. The designer prepares to deliver hydrogen from the port to Europe.

The PV project, that was tendered by Jordanian utility NEPCO in 2017, will sell electricity at $0.059/kWh. The plant is situated at Jordan's Risha area, which is approximately 300 km northeast of Amman.

Saudi Arabian designer ACWA Power has actually signed a US$ 125 million facility that will serve as a funding resource to support the growth of its eco-friendly power portfolio.

Under the structure of the four-nation grouping 'I2U2 ′ (India, Israel, USA and UAE), the United Arab Emirates will certainly make a financial investment worth $2 billion to develop a collection of integrated food parks throughout India.