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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
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
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
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
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
Saudi Arabia Launches World's Largest Solar Microgrid Project
Discover Saudi Arabia's groundbreaking solar-storage microgrid, powering the stunning Red Sea Project—an eco-friendly paradise with 50 hotels, all fueled by clean energy by 2030!
Aug 21, 2024 // Grids, Saudi Arabia, Asia, PV Power Plant
Masdar Accelerates Solar and Battery Initiatives in Egypt
Egypt embraces a renewable revolution as Masdar secures approval for groundbreaking solar and energy storage projects, aiming for a brighter, sustainable future with up to 4 GW potential growth.
Aug 23, 2024 // Storage, Masdar, Asia, Africa, Egypt
Nexans Invests €15M to Boost Cable Production Capacity
Nexans SA invests €15 million to boost medium-voltage cable production in France, enhancing efficiency and meeting the booming demand for renewable energy solutions by 2026.
Aug 30, 2024 // Manufacturing News, Nexans SA, Cable
Edify Energy Proposes 250-MW Solar Park in Victoria
Edify Energy proposes a groundbreaking 250-MW solar park in Victoria, promising sustainable power for 93,000 homes while preserving land for agriculture. Clean energy is on the horizon!
Oct 22, 2024 // Storage, Victoria, Edify Energy, Solar Park
Australian Solar Developer's Modular Solar Tech to Power Lithium Mine Project
The 5B Maverick technology is a ground mount solar remedy created to be safer, much more affordable as well as much faster to deploy for offgrid, business and commercial, as well as large-scale solar power generation.
5B will be setting up solar PV for the 95 MW hybrid microgrid in the Kathleen Valley Lithium project.
Feb 8, 2023 // Plants, Large-Scale, Commercial, microgrid, Solar Project, ground mount solar, Zenith Energy, Hamish Moffat, Kathleen Valley Lithium, Liontown Resources, solar racking solutions
US ROUND-UP: Gap diversifies; 125MW PPA in MI; Military-funded space solar; Solar bees
Global retail brand Gap moved one step closer to its goal of fully renewably-powered operations by 2030 after signing a power purchase agreement (PPA) with Enel Green Power North America. It has purchased 90MW of energy from the renewables giant's North Dakota wind project for a period of 12 years.
Aug 13, 2019 // Technology, Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, Solar, USA, SunPower, plants, Michigan, cleanchoice energy, solar bees, Antonio Cammisecra, air force, university of toledo, solar space, upper peninsula power company, power purchase agreement, orion renewable energy group, map energy, gap, North Dakota, enel green power, the chandler solar project, North America
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
Egypt Plans 1GW Rooftop Solar for Factories
Egypt’s rooftop solar push targets ~1 GW across 7,000 factories, easing grid strain and cutting costs. Planned by Prime Minister Madbouly, it supports fast industrial decarbonisation.
May 12, 2026 // BIPV, Plants, Rooftop PV, clean energy, Asia, Africa, Egypt, rooftop solar, energy transition, Renewable Energy, industrial solar
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