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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
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
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
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
Shumba Breaks Ground on 100-MW Botswana Solar Farm
Shumba Energy begins construction of its 100‑MW Tati Solar Project near Francistown, Botswana—an investment over BWP 1B—targeting commercial operations in 2027 and powering SAPP.
Jun 22, 2026 // Plants, Large-Scale, Commercial, Residential, Africa, Botswana, PV Power Plant, Shumba
NextEnergy Capital Acquires 18.5-MW Solar Project
NextEnergy Capital boosts its portfolio with the 18.5-MW Llanwern solar farm, marking a significant step in sustainable energy investment and reaffirming its commitment to renewable growth.
Nov 15, 2024 // Markets & Finance News, PV Power Plant, NextEnergy
Masdar Consortium Secures Major 2-GW Saudi Solar Project
A groundbreaking solar alliance secures rights for Saudi Arabia's 2-GW Al Sadawi project, marking a key step toward the Kingdom's renewable energy goals by 2030.
Nov 19, 2024 // Plants, Large-Scale, Commercial, Masdar, Solar Project, Saudi
Convergent Secures Financing for Solar and Storage Expansion
Convergent Energy secures $150 million from MUFG to supercharge solar and energy storage projects, advancing sustainable solutions across North America with impressive growth plans.
Dec 12, 2024 // Markets & Finance News, North America, Convergent Energy
Novel Surface Modifications Boost Perovskite Solar Efficiency
Revolutionizing solar energy, researchers enhance perovskite cell efficiency to 23.2% with innovative surface modifications—ushering in a new era for high-performance photovoltaics!
Jan 24, 2025 // Technology, China, Asia, solar cell, perovskite, efficiency
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
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