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ADB's support will certainly add to an extra 2,162-MW of installed renewable power generation capacity as well as 1.8 million tons of CO2 emission cost savings. The Bank's investment in Evolution Fund III lines up with its High Five goals, particularly, "Light Up and Power Africa" under its New Deal on Energy for Africa.

Oil rates may remain in the dumps, but solar stocks are still uploading huge gains

Tata Power India's largest incorporated power utility, today introduced that it has actually partnered with Tata Basera to promote its Solar Rooftop Providers as well as Home Automation Products amongst Individual Home Builders as well as Tata Steel's channel partners.

Singapore's Sembcorp Industries Ltd (SGX: U96) has teamed up with two Indonesian companies to develop 1 GWp of solar power in Indonesia for the regional market and export to Singapore.

A new partnership in between the United States Department of Energy's (DOE) National Renewable Energy Laboratory (NREL) and the International Code Council (ICC) will certainly aim to enhance the adoption of software that instantly authorizes permits for rooftop solar systems.

The facility-- Bell Bay Powerfuels-- will certainly be based at Bell Bay in north Tasmania. It will certainly be amongst the largest worldwide and will certainly produce 300,000 tonnes of green methanol for use as marine fuel.

Antin Infrastructure Partners, a private equity company, has announced a voluntary cash tender offer to acquire and take Spanish renewable energy company Opdenergy Holding SA off the stock market. The total value of the acquisition is EUR 866 million (USD 924.5m).

State-owned power firm China Three Gorges is reportedly prepared to provide to EUR600 billion for 13 solar possessions possessed by X-Elio in Spain while Germany's ib vogt is up for sale, according to Reuters.

Norwegian state-owned electricity supplier Statkraft has signed an arrangement to obtain the British solar developer Solarcentury.

The 22 projects are functional and also were bought from Kobus Partners for an unrevealed price

US solar tracker manufacturer Nextracker has expanded its output with the addition of a new line in Arizona.

Owner of Glennmont comes to be a member of the trade body complying with a series of current European investments

Meyer Burger Technology AG announced the construction of a 2-GW solar cell production facility in Colorado Springs, creating 350 jobs and offering tax credits and discounted rates. The company is receiving prepayments and a loan, and will adjust sales and marketing to cope with the challenging EU solar market. Initial EBITDA figures show a loss of EUR 42 milllion.

Renova Inc and partners break ground on 15-MW/48-MWh lithium-ion battery system in Japan. With a 22% stake, Renova is the first to enter the grid storage battery market and will receive a subsidy from the Ministry of Economy, Trade and Industry. Operations to begin October 2025.

Redeux Energy Partners LLC is offering 1.7 GW DC of solar and 160 MW/640 MWh of battery energy storage projects in 7 US states for sale. Marathon Capital LLC is advising and reaching out to IPPs, strategics and financiers in clean energy. Redeux is currently operating in 15 states with 3.5-GW pipeline of projects and aims to expand to 5 GW by 2023.