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Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia
What was a simple speculation for lengthy has now been confirmed by the Investment Minister of Indonesia, Bahlil Lahadalia. Based on reports, the construction could start by the end of this year.
May 24, 2022 // Storage, TESLA, Elon Musk, Asia, Indonesia, electric vehicle, EV, Bahlil Lahadalia, clean mobility, Model 3 of Tesla
Electrolux, SolarizEgypt to Cooperate In Solar Sector in Egypt
According to the official statement, the pact includes various phases. Electrolux will employ the renewable energy to produce cleaning devices, refrigerators, Delta electrical water heaters, and stoves.
Jul 25, 2022 // Plants, Large-Scale, Commercial, Delta, Renewable Energy, Ashraf El Bahwash, Electrolux, Maysam El Hennawy, SolarizEgypt, Yassin Abdel Ghaffar
South Korea Counts On Floating Solar To Overcome Land Scarcity
Floating solar farms utilize solar panels that are affixed to plastic floats, which then drift on a body of water. These floating solar arrays are generally placed on man-made bodies of water-- a town's water reservoir, an irrigation reservoir, a water therapy facility.
Mar 8, 2022 // Floating PV, South Korea, Asia, International, Scotra, floating solar plants, hydroelectric systems, reservoirs
Neoen, Alight sign 90MW solar energy play with H&M
Building and construction of the project at Hultsfred airport in Sweden is prepared for the 2nd half of 2023
Dec 13, 2022 // Markets & Finance News, PPA, neoen, Alight, H&M Group
International Solar Installs On Course For 222 GW in 2022, Rethink Energy
Solar installs have surged even as Polysilicon prices peaked US solar installs falter on anti-dumping, IRA adjustments
Dec 14, 2022 // Markets & Finance News, USA, Poland, Europe, North America, Rethink Energy
New solar panel producer to establish in Georgia with 500-MW center
A brand-new company plans to open up a 500-MW solar panel setting up factory in Madison, Georgia, in loss 2023.
Dec 15, 2022 // Manufacturing News, USA, Georgia, Europe, North America, Philip Devlin, Adion Solar
World Bank Approves $311 Million for Renewable Energy in West Africa
The $311 million funds will certainly be funded through International Development Association (IDA). The RESPITE project will support the setup of solar as well as battery storage space capacity, near-term O&M contracts for the provision of solar supply, expansion of hydropower generation capacity, grid connection infrastructure and grid modernization and also upgrades.
Dec 23, 2022 // Markets & Finance News, world bank, Africa, chad, Togo, Boutheina Gue, IDA, International Development Association, Liberia, RESPITE, Rhonda Jordan-Antoine, Sierra Leone, WAPP, West Africa Power Pool, West Africa solar power
Clime Capital Backs Philippine Solar Firm with $10M Investment
Clime Capital invests $10 million in UGEP to supercharge solar energy in the Philippines, aiming for 700 MW of clean power by 2028. Bright days ahead!
Sep 11, 2024 // Plants, Large-Scale, Commercial, Asia, Philippines, PV Power Plant, Clime Capital
African Infrastructure Gets Boost From $12 Billion Climate Fund
GCF commits $253.7 million to AFC Capital Infrastructure Fund Equity financial investment is largest made by GCF in Africa to date
Mar 21, 2023 // Markets & Finance News, Africa, gcf, AFC Capital Infrastructure Fund
Various joint ventures complete 195MW of PV projects in Egypt’s Benban
A joint venture between Elsewedy Electric and EDF, along with Scatec Solar and its respective partners, have both commissioned PV projects near Benban, Egypt with a combined generation capacity of 195MW.
Aug 20, 2019 // Plants, Large-Scale, Commercial, Scatec Solar, EDF, Asia, Africa, Elsewedy Electric and EDF, Benban, Egypt, Ahmad El Mokadem
Various joint ventures complete 195MW of PV projects in Egypt’s Benban
A joint venture between Elsewedy Electric and EDF, along with Scatec Solar and its respective partners, have both commissioned PV projects near Benban, Egypt with a combined generation capacity of 195MW.
Aug 21, 2019 // Plants, Large-Scale, Commercial, Scatec Solar, EDF, Asia, Africa, Benban, Egypt, Ahmad El Mokadem, elsewedy
Dutch government seeks to privatize Tennet
Tennet needs more than €4.75 billion to invest in cross-border grid infrastructure between Germany and the Netherlands, as rising volumes of solar and wind are complicating network operations, said Dutch Finance Minister Wopke Hoekstra in a recent letter to the Dutch parliament, adding that the government may need to privatize the state-owned transmission system operator or sell off a stake in it.
Sep 16, 2019 // Markets & Finance News, Germany, Europe, Netherlands, Tennet, Wopke Hoekstra
Ørsted Unveils 320-MW Solar Farm Plans in UK
Ørsted A/S unveils plans for a 320-MW solar farm in East Riding, reinforcing the UK’s renewable energy future and commitment to sustainability. A bright step towards greener horizons!
Jan 22, 2025 // Plants, Large-Scale, Commercial, UK, Europe, PV Power Plant, Ørsted A/S
Schneider Picks ACEN to Green Cavite Factories
Schneider Electric taps ACEN to power five Cavite sites with 100% renewables via GEOP—Luzon eco-zone first, 11,600t CO2 avoided—setting a scalable corporate PPA blueprint for Southeast Asia.
Jan 7, 2026 // Plants, Asia, Schneider Electric, Philippines, ACEN
Mercedes Benz Acquires Stake in Battery Cell Manufacturer Farasis
Mercedes-Benz has developed a calculated collaboration with the Chinese battery cell supplier Farasis and also is also taking an equity risk in the company.
Jul 3, 2020 // Markets & Finance News, Storage, finance, EV, Mercedes-Benz, Battery Cell, EV Battery, Farasis, Markus Schäfer, Mercedes Benz Farasis