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Honda and LG Energy Start Multi-Billion EV Battery Plant in Fayette County, Ohio
Honda and LG Energy Solution have announced the construction of a joint venture electric vehicle battery plant in Fayette County, Ohio. The two companies have committed to invest $3.5 billion in the new facility, with an overall investment reaching $4.4 billion. The aim is to reach an annual production capacity of 40 GWh.
Mar 1, 2023 // Storage, honda, EV, LG Energy Solutions, LGES, Toshihiro Mibe, Dong-Myung Kim, electric vehicle battery plant, Jon Husted, Mike DeWine, Robert H. Lee
Duke Energy Operationalises 250 MW Solar Project in Texas
The 250 MW Pisgah Ridge Solar project in Navarro County is its biggest solar plant till date.
Duke Energy has authorized 3 VPPAs that account for greater than 90% of the solar project's output.
Mar 9, 2023 // Plants, Large-Scale, Commercial, Duke Energy, Solar Power Plant, Chris Fallon, Duke Energy Sustainable Solutions, virtual power purchase agreement, Charles River Laboratories International, DESS, Erik Petrovskis, Gregg Belardo, Meijer, Moss, Navarro County solar power, Pisgah Ridge Solar project, Texas solar sector
Masdar completes acquisition of US 128MW solar stake
Developer has actually acquired a 50% share in project from EDF Renewables North America, that includes 40MW of storage
Apr 12, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Masdar, North America
BayWa r.e. Raises $115 Million Afresh For Solar+ Storage Projects
The firm has actually secured a $115-million credit facility with worldwide economic services solid Nomura for its utility-scale solar as well as solar+ storage projects in the US.
The credit facility will at first support projects completing 1.1 GW of solar and also 188 MWh of battery storage.
May 3, 2023 // Markets & Finance News, Storage, USA, UTILITY-SCALE SOLAR, North America, baywa r.e, Alain Halimi, Solar Power Projects, nomura, Vinod Mukani, Fred Robinson
India Reaches 60GW Solar Manufacturing Milestone
India's solar industry is making history, with 60 GW of module manufacturing capacity available in FY 20-21 - a 50x increase! Reaching the government's 500 GW renewable energy target by 2030 is within reach, thanks to high-quality Indian-made solar modules in North America and Europe. The PLI scheme adds 40 GW capacity by FY 24-25, making India a leading global supplier.
Nov 9, 2023 // Manufacturing News, India, Asia, All India Solar Manufacturers Association, AISMA
GoodWe's Vietnam Plant Boosts Global Expansion Strategy
GoodWe Technologies Co Ltd expands globally with new manufacturing plant in Vietnam, enhancing competitiveness and customer service in key markets.
Mar 14, 2024 // Manufacturing News, Inverters, Asia, Vietnam, GoodWe
PAG raises USD 550m for Asia-Pacific renewables fund
PAG raises $550 million for renewable energy fund targeting Japan's solar market, backed by global investors including Mubadala Investment Company. CEO James Buford emphasizes shift to clean energy in Asia.
May 21, 2024 // Markets & Finance News, PAG
Advancement of photovoltaics that can be applied like paint for real-life application
Scientists in Korea have efficiently established a high-efficiency large-area organic solution processable solar cell by controlling the speed at which the option of basic materials for solar cells ended up being strengthened after being covered.
Sep 9, 2020 // Technology, Asia, Korea, solar cell, efficiency, KIST, Hae Jung Son
Brand-new globe record for large-area organic PV module efficiency
Scientists in Germany have attained 12.6% performance with a 26 sq cm organic panel as well as 11.7% for a 204 sq cm device. The tasks were accomplished with a new module format and a slower, high-resolution, short-pulse laser structuring process.
Sep 17, 2020 // Technology, Germany, Europe, PV module, efficiency, Andreas Distler
Mytilineos heightens concentrate on solar in quote to reach 3GW of ability by 2030
Mytilineos is seeking to move its worldwide experience of solar and also storage project advancement to help decarbonise the Greek electric system as well as struck 3GW of PV ability by 2030.
Feb 24, 2021 // Plants, Markets & Finance News, Storage, EPC, Spain, Greece, Battery Storage, Chile, South america, Europe, solar-plus-storage, decarbonisation, Mytilineos, largescaleeu, operations and maintenance, storagesummit, Nikos Papapetrou
Germanium use reduced in GaAs solar cells by new two-step process
Researchers from Canada have unveiled a new germanium deposition process which is said to eliminate threading dislocations and be significantly cheaper than previous approaches. The scientists say their technique creates nanovoids on the surface of the germanium layer which can attract and annihilate undesirable dislocations.
Oct 8, 2019 // Technology, Manufacturing News, Canada, Fraunhofer ISE, North America, Sheerbroke University
Hyundai Partners with UL for Safe Implementation of Secondly Life BESS
The new cooperation sets the stage to assist increase the secure release of essential eco-friendly, zero-emission energy resources.
Both will do safety testing as well as analysis procedure growth.
Aug 6, 2021 // Storage, BESS, EV Battery, UL, Hyundai Motor Company, Sajeev Jesudas, Youngcho Chi, Reuse EV battery
ACWA Power Attains Financial Close for 1500 MW Sudair Solar Plant
Using bi-facial components with tracking innovation, the plant is expected to be with the ability of powering 185,000 houses, while countering nearly 2.9 million lots of discharges annually.
Aug 16, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Saudi Arabia, Asia, ACWA Power, PV Power Plant, NREP, National Renewable Energy Program, Public Investment Fund, PIF
There are –data missing– solar power fires per year
International data suggests that fires caused by rooftop solar power systems are rare; however, the United States doesn’t centrally track this information – with the National Fire Data Center classifying them in the “other” category.
Aug 23, 2019 // Solar, USA, Fraunhofer ISE, North America, National Fire Data Center, Japanese Consumer Safety Investigation Commission, National Renewable Energy Lab
The Renewable Resource Shift is Lastly Involving Asia: IEEFA
Regardless of the present financial closure because of the COVID-19 pandemic, the international renewable resource change is well in progress and also it is pertaining to Asia
May 18, 2020 // Markets & Finance News, India, Asia, energy transition, IEEFA, Renewable Energy