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European Energy has signed a 10-year Power Purchase Agreement (PPA) with Faerch Group to supply renewable energy from the 40MW Bubney Solar Farm. This partnership will reduce carbon emissions and improve sustainability for Faerch Group while providing a milestone for European Energy's UK energy operations.

Yadlamalka Energy has commissioned Australia's first 2-MW/8-MWh vanadium flow battery (VFB) as part of the AUD-22-million Spencer Energy project. With funding from ARENA, the battery will charge from solar energy and off-peak grid imports. A milestone for Australia's energy storage market, Spencer Energy is revolutionising renewable energy technology.

While global investments in renewable energy have climbed gradually in recent years, they remain much below the levels required to put the globe on course for a climate-safe future.

Renewables developer Mainstream Renewable Power has more than doubled a financing facility after striking an agreement with Dutch bank ABN AMRO.

A subsidiary of French power giant Total has signed a contract to supply rooftop PV to an airport in East Kalimantan province, which will be Indonesia's first airport to go solar and will cater for Indonesia's future capital in Borneo.

Mali is set to host one of the world’s largest off grid solar+storage projects, as a 30 MW solar plant will soon be coupled with a 17MW/15MWh storage facility to power the Fekola gold mine. Finland’s Wärtsilä will supply the battery.

The African Development Bank (AfDB) will lend the government of Burkina Faso €48.82 million (US$54.04 million) to develop 208MWp of PV across the nation under its Desert to Power initiative.

Dubai Electricity and also Water Authority (DEWA) has actually inaugurated a pilot project for energy storage at the Mohammed bin Rashid Al Maktoum Solar Park making use of Tesla's lithium-ion battery remedy. The project has a power ability of 1.21 MW and also an energy capability of 8.61 MWh with a life span of approximately one decade.

At this year's Bloomberg New Energy Money (BNEF) Top, GoodWe's campaign will certainly concentrate on practical remedies on exactly how the energy needs of the future can be satisfied in order to understand the net-zero goals established by companies, cities, as well as countries worldwide. GoodWe has made it its objective to develop energy storage space services that will certainly enable the stipulation of day-and-night zero-emissions power.

Viridi RE as well as Solar Ambition will certainly establish solar portfolios up until properties get to ready-to-build standing. The portfolio will also have a prospective to balance out greater than 390,000 tonnes of carbon discharge a year.

Research company Technavio predicts a solid growth for the global solar wafers market. The firm anticipates the solar photovoltaic wafer market to grow by 73.71 gigawatts from 2021 to 2026.

The Shapoorji Pallonji Group’s solar EPC business will hit the capital markets with an initial public offering on Aug. 6.

Ethiopia is currently trying to set up a methodology for the calculation of electricity tariffs for mini-grid systems. Should the government’s work come to fruition, it can provide much-needed certainty to mini-grid investors.

New analysis predicts more than 150 GW of tracker capacity will be installed in the next five years – around a third of all ground mount projects up to 2024. Rapid growth in Europe, the Middle East and Africa; and the better cost structures possible from combining trackers and bifacial modules are singled out as key trends.

The European Investment Bank (EIB) and Dutch development bank FMO have agreed to finance the construction and operation of a duo of Kenyan solar plants that have a combined capacity of 80MW.