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Its net profit boosted by 93 per cent to $4.4 billion in 2022 year on year. Revenue from the power battery service enhanced by 159 percent as net sales in this segment greater than doubled to 242 GWh last year.

Enery and OMV Petrom form a 50-50 joint venture to build the 400 MW Gabare solar park in Bulgaria, eyeing 600 MWh storage and EUR 200 m investment by 2027.

French IPP Qair lines up loans to build 60 MW of solar-plus-battery plants, helping Mauritius curb diesel imports.

BP advances a 240-MW solar project in Azerbaijan to offset power at the Sangachal terminal, signaling how oil regions are integrating large-scale renewables.

ACEN Australia seeks EPBC approval for the 440-MW/1,760-MWh Lilyvale battery near Emerald, Queensland— a four-hour BESS planned beside the Lilyvale Substation in the state’s coal heartland.

The solar installment is collectively expected to generate 215 million units of power. The green power thus generated will be enough to mitigate more than 1.7 lakh tonnes of carbon emission.

The company has actually won the 105-MW floating solar project from the Maharashtra State Power Generation Company (MAHAGENCO). It bagged the project at a rate of Rs 3.93 per unit on Build Own and also Operate (BOO) basis in MAHAGENCO's tariff based competitive bidding process.

In the Tamil Nadu area of Tirunelveli, a 74 MWp Open Access Solar Power Plant was developed by Gurugram-based Sunsure Energy, a service provider of whole solar options. According to the business, once this project is ended up on September 25th, 2022, Sunsure will certainly have mounted 250 MW of solar power throughout 16 Indian States.

The storage system was brought on-line ahead of schedule

Better, the process, known as Configurable Current Cells (C3), needs no capital expense or adjustment in process for solar cell producers. Instead, the process requires solar cell manufacturers to make only minor changes in metalization print patterns and discerning doping. It offers cost savings of as much as 18% of silver needed. Consequently, this promises financial savings varying from $2 million to $5 million per GW at the existing costs of silver. Silver adds near to 10 percent in comprising the expense for a solar module.

Last year, SETD, united with universities both in China and Malaysia to come up with a report providing an understanding into the potential for development of and also cooperation prospect of VPP in the two countries. Despite the fact that VPPs are still in a stage of infancy, a number of reports agree that they are the future.

French researchers at PROMES-CNRS have developed a solar-powered pyro-metallurgical process to recycle valuable elements from lithium-ion batteries, revolutionizing the recycling landscape with concentrated solar thermal energy.

Sol Systems secures $634M to build 324 MW across PJM and ERCOT, powering up to 87,000 homes with Blossom and Nightfall solar.

European Energy is nearing commissioning a 25-MW/65-MWh BESS in Lithuania, set beside its solar park—boosting output, grid stability, and renewable value with commercial operations soon.

Naturgy will invest €300M+ in Queensland: a 330MW solar plant paired with a 180MW battery to boost grid stability, meet clean-energy targets, and strengthen long-term energy security.