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Brazil Solar Joint Venture Launched by Neoenergia, Comerc Energia
Neoenergia and Comerc Energia partner to invest R$500 million in solar energy projects, aiming to reach 1.4GW of installed capacity by 2025. Join the effort to help Brazil reach its renewable energy goals.
Nov 10, 2023 // Markets & Finance News, South america, Brazil, Neoenergia, Comerc Energia
Genie Acquires 9.4 MW Solar Bundle
Sunlight Energy has acquired a 9.4 MW portfolio of solar arrays in Ohio & Michigan used to power school facilities. This is the first operating solar asset acquisition for Sunlight Energy, providing immediate return on investment. Plus, the developer retains right of first refusal on future projects.
Nov 28, 2023 // Markets & Finance News, Sunlight Energy, Genie Energy
New Round of UK Capacity Auction Increases Battery Storage Contracts by 60%
The UK's T-1 Capacity Auction recently concluded with 627.4 MW of battery energy storage projects receiving contracts. This represents an increase of more than 60% compared to the previous round, and is a major milestone for the country's sustainable energy efforts.
Feb 20, 2023 // Storage, UK, Europe
Washington's 150-MW Lund Hill Solar Farm Now Connected to Grid
Avangrid's 150-MW Lund Hill solar farm in Klickitat County, Washington, is now the state's largest solar PV plant. The facility is supplying Puget Sound Energy's Green Direct program, helping to reduce emissions and provide clean, reliable power to its customers.
Mar 1, 2023 // Plants, Large-Scale, Commercial, USA, Washington, North America, PV Power Plant
The weekend read: Chile taps ‘white gold’ for security of energy supply
Chile is home to a massive 10.3 million tons of lithium reserves, most of which is found in the Atacama Desert in the northern part of the country. With some of the highest solar irradiation levels on Earth, this region also boasts the perfect conditions for generating solar power. Developments in the photovoltaic market, alongside implementation of more efficient energy storage systems, are positioning Chile as a regional leader in this field. So what does the future hold for battery energy storage systems (BESS) in Chile, and what obstacles lie in their way?
Sep 1, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Storage, Engie, Chile, South america, BESS, lithium, Sebastián Piñera, AES Gener, Claudia Rahmann, Juan Carlos Jobet, Javier Giorgio
New York awards siting permits to 309 MW of solar projects
New York governor Kathy Hochul on Monday revealed that state regulators have issued siting permits to 3 solar projects that will collectively include 309 MW of power generation capacity to the US state.
Jan 10, 2023 // Plants, USA, New York, North America, EDF Renewables, Solar Project
Galp and BPI Partner Up to Promote Solar Self-Consumption in Portugal
Galp Solar, a unit of Portuguese energy group Galp Energia SGPS SA, has partnered with compatriot bank BPI to promote solar installations for self-consumption to local businesses. This solution includes bank financing and solar panel installation by professional specialists.
Feb 21, 2023 // Markets & Finance News, Portugal, Galp, Europe, BPI
PAD RES Secures €54m for Poland Solar
PAD RES secures €54 million investment from Polish Development Fund for two solar farms in Pomeranian Voivodeship with 117 MW capacity, 140 hectares coverage. Electrum chosen as general contractor to strengthen market position for energy transition in Poland.
Aug 21, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Poland, Europe, PV Power Plant, PAD RES
Spain's Enerside lands off-taker for 3.33-MWp solar DG project in Brazil
Spanish integrated solar PV platform Enerside Energy SA (BME: ENRS) stated that it has actually authorized a power purchase agreement (PPA) to provide power from its 3.33 MWp distributed generation (DG) solar farm in Brazil to Brazilian renewables and sugar-energy company Raizen SA (BVMF: RAIZ4).
Nov 14, 2022 // Plants, Large-Scale, Commercial, Spain, South america, Europe, Brazil, enerside
Spain's Greenalia gets 502 MWp of solar projects in Texas
Spanish renewables designer Greenalia introduced on Monday that it has actually acquired three utility-scale solar projects totalling 502 MWp in Texas.
Nov 29, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Spain, Texas, Europe, North America, Solar Project, Greenalia
Oman looks for financial consultancy proposals for Ibri III solar project
The Oman Power as well as Water Procurement Company (OPWP) has actually issued an ask for proposals (RfP) for the provision of financial working as a consultant services for the development of the 500-MW Ibri III solar power project in the northwest of the country.
Dec 1, 2022 // Markets & Finance News, Asia, Oman, Solar Project
IBM Research Discovers new Battery That Could Trump Li-ion
IBM Research has unveiled a new battery that could help eliminate the need for heavy metals in production and surpass the capabilities of Li-ion batteries
Jan 3, 2020 // Technology, Storage, battery, IBM Research, Lithium ion Battery
Israel Pursues 5th Solar Plant in Negev Desert
Help Israel meet its energy needs and reduce emissions with 5th solar power plant in Negev desert. Latest project is part of government's goal of 30% renewable energy by 2030, with total power generation of 700 MW annually.
Sep 15, 2023 // Plants, Large-Scale, Commercial, Asia, Israel, PV Power Plant
Adenia Acquires S.Africa Solar Financing Giant
Adenia Partners has acquired a controlling stake in Enfin Energy Finance, the leading South African solar power financing solutions provider. Their purchase marks the first investment from their 5th flagship fund and will help Enfin build over 100MW of solar systems in the next 5 years, simultaneously allowing businesses to become more reliable on grid power and support them in the energy crisis.
Oct 11, 2023 // Markets & Finance News, Africa, South Africa, Adenia
Mercedes-Benz Gets 33% Stake in ACC Battery Project
On its course toward an all-electric future, Mercedes-Benz is taking 33% risk in European battery cell maker Automotive Cells Company (ACC) to scale up advancement as well as manufacturing of next-generation high-performance battery cells and also modules, claimed an official declaration.
Sep 27, 2021 // Markets & Finance News, Storage, ACC, Mercedes-Benz, Automotive Cells Company, European battery venture, Ola Källenius