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SMA Solar's 2021 inverter sales drop because of chip shortage
SMA Solar Technology's sales for 2021 came in listed below previous expectations for the year as the inverter provider was affected by a shortage of digital chips-- a headwind it expects to persist in the coming months.
Apr 1, 2022 // Markets & Finance News, Inverters, sma solar technology, Jürgen Reinert, covid-19, semiconductor shortage, sma solar, inverter supplier, semiconductor chip
BayWa r.e. eyes 163MW mega solar project
BayWa r.e. is intending the development of a 163MW solar project in South Derbyshire.
Sep 3, 2021 // Plants, Large-Scale, Commercial, Storage, UK, Europe, baywa r.e., Solar Project
Japan's policymakers authorize higher 2030 renewable energy target
The Cabinet of Japan's government has authorized a plan to increase the national target for renewable energy in the electrical energy generation mix to in between 36% as well as 38% by 2030.
Oct 25, 2021 // Markets & Finance News, Japan, Asia, policy, decarbonisation, net zero, cop26, deployment target, energy security
Savannah Energy sings pact with Chad to develop 500 MW renewable projects
The projects will provide electricity to the Doba Oil Project and also the towns of Moundou as well as Doba in Southern Chad, and also the capital city, N'Djamena. Savannah Energy claimed it looks to fund the renewable projects from a combination of its own inside created cash flows as well as project particular debt.
Jun 2, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, BESS, Africa, chad, solar farm, Battery Energy Storage System, Savannah Energy, Andrew Knott, Djerassem le Bemadjiel, Doba, Kome, Mark Matthews, Moundou, renewable projects
MENA to include 50GW of utility-scale solar by 2030, report says
Countries between East as well as North Africa have plans to increase utility-scale solar capacity by 49.5 GW by 2030, according to Global Energy Monitor (GEM).
Jun 30, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, Africa, middle east, mena, Morocco
Global Grid Battery Storage space Capability will Likely Get to 134.6 GW by 2030: F&S
As more nations dedicate to renewable energy, F&S forecasts the global grid battery storage space capability to likely reach 134.6 GW by 2030.
Apr 16, 2021 // Storage, USA, China, Battery Storage, Asia, North America, Market research, Frost and Sullivan, Global Battery Storage Capacity
Secure Solar Futures sets up 313-kW array atop Virginia homeless shelter
This month, CARITAS started powering its one-of-a-kind healing and homeless solutions facility in Richmond, Virginia, with solar power.
Dec 6, 2022 // Plants, CARITAS, Secure Solar Futures, Ryan McAllister, Karen Stanley
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
Saudi Arabia Unveils 4.5 GW Renewable Energy Tender
Saudi Arabia accelerates its green revolution, launching a tender for 4.5 GW of solar and wind projects, aiming for 50% renewable energy by 2030. Bright future ahead!
Sep 25, 2024 // Markets & Finance News, Saudi Arabia, tender, Asia
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
Big money for Turkey’s 500 MW solar factory
With the Turkish government having given Kalyon Enerji another three years to build the 500 MW facility it won a tender to construct with former partner Hanwha Q Cells, Ankara has now committed a $333 million “super incentive” to the fab.
Sep 6, 2019 // Manufacturing News, Markets & Finance News, Asia, Kalyon Enerji, Eren Engur, Hanwha Q Cells, Turkey
California firm contracts ‘astoundingly’ cheap solar-plus-storage pipeline
The US state of California has witnessed yet another claim of ultra-low solar prices, recorded in the context of a major contracting exercise by a community energy group.
Oct 1, 2019 // Plants, Large-Scale, Commercial, Storage, Tariffs, California, USA, Nick Chaset, EBCE, sPower, pv power plants, solar-plus-storage, BESS, North America, 8minutenergy, terra-gen, 8minute Solar Energy
Promising soiling mitigation solutions should not be left to gather dust
A study has estimated the cost of PV project soiling may increase from €3-5 billion last year to €4-7 billion by 2023 due to more extensive deployment in high insolation and soiling-affected regions, such as China and India. The authors of the paper outlined the potential of soiling mitigation technologies while stressing more R&D is needed to reduce costs and for the adoption of such measures on a larger scale.
Oct 25, 2019 // Technology, Manufacturing News, Plants, Large-Scale, India, China, Asia, coating materials, soiling
IFC, EBRD, and also EU to Support First Solar Project in Armenia
IFC, EBRD and also the EU have joined to sustain the advancement of the first utility-scale solar energy plant in Armenia, the 55 MW Masrik Solar Project.
Jul 16, 2020 // Plants, EBRD, Europe, Armenia, ifc, EU, International, solar projects, Mikel de Irala, IFC EBRD EU Armenia Solar, Cheryl Edleson Hanway