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The repeatedly prolonged PV tender held by Solar Energy Corporation seems to get finally rewarded. The announced 7 gigawatts of solar project capacity are currently oversubscribed by 1 gigawatt.

A few weeks ago, TERI raised tenders to commission Battery Energy Storage Systems on turnkey.

A 2MW pilot job is now being established in the Governorate of Duhok. The job was funded with $2 million by the European Union.

German renewables firm Baywa r.e. has actually begun work with its 4th utility range drifting PV project in the water-rich nation.

Inverter company ABB supplied equipment for a second PV plant at the Artigas base. Its collaboration with the Uruguayan Antarctic Institute helps facilitate climate change research.

Norway's Statkraft is developing a 2 MW floating PV array, first announced a year and also a half back, at its 72 MW hydropower plant in Albania's Elbasan region. Norwegian floating PV expert Ocean Sun has agreed to provide technology for the EUR2 million plant.

Digital Realty partners with Summit Ridge Energy to power Illinois data centers with solar energy, advancing sustainability and cost savings by 2026.

Gazules 1 and 2 sites in Cádiz each have an output of 46MW

Revolutionizing solar cell design with ChatGPT: Nankai University and Linköping University discover PAA's potential for efficiency boost, showcasing the power of AI in material science.

Sunfolding, a distributor of domestic solar monitoring innovation, has actually developed an option for projects on variable terrain to alleviate grading within the solar array limits. Using Sunfolding's AirLink innovation, TopoTrack's mechanically independent, scaled-down tracker rows lessen lost land within the fence line as well as at sites that were as soon as considered off-limits to solar.

The Queensland federal government in Australia launched a draft costs that legislates an 80% renewable resource target by 2035 and sets an objective to transform the state's coal-fired power stations into clean energy hubs.

Eunice Energy Group is leading a consortium to create the Crete-Aegean Hydrogen Valley (CRAVE-H2) project. The EUR 11 million project will use renewable electricity to produce 500 tonnes of green hydrogen annually and cover the entire value chain. European Commission and Clean Hydrogen Partnership co-finance EUR 8 million.

Duke Energy agrees to sell its commercial distributed generation business to ArcLight, with an enterprise value of $364 million. Duke Energy to receive $259 million in proceeds to help achieve its goal of becoming a net-zero carbon company by 2050 with 30,000 megawatts of regulated renewable energy.

Solar module prices appeared to be at a bottom, with solar cell prices increasingweekly and wafer prices being cut by suppliers. Prices in 2023-24 are expected to rise beyond 22c/watt, signaling a market recovery.

Prosolia Energy secures €255 million debt financing from US investor EIG, to rapidly expand solar energy activities in Western Europe. Finergreen advises Prosolia as they increase their influence in the solar energy industry.