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Malawi Boosts Solar Energy with 10-MW Plant
Egenco begins construction of 10-MW solar power plant in Nanjoka, Malawi. Attendees included Energy Minister Ibrahim Matola. The USD 14 million project is the first phase of a 20-MW solar plant with 2.5 MWh battery storage system. Chint Electrical Co is the contractor and has acquired land for up to 50MW. This project is part of the Malawian government's wider plans to expand rural access to electricity.
Nov 27, 2023 // Plants, Large-Scale, Commercial, Africa, PV Power Plant, Malawi, Egenco
Enphase Energy Downsizing: 350 Contractors & Employees Cut
Enphase Energy Inc. and SunPower Corp. join the list of rooftop solar companies hit by rising borrowing costs and decreased demand. Enphase announced 10% workforce reduction and closure of two factories while SunPower shares drop after a breach in credit agreement. Restructuring and asset impairment charges up to $18 million.
Dec 19, 2023 // Markets & Finance News, Enphase Energy
Nanotech Energy Protects $64 M for Global Graphene Business
The business has increased $64 million Series D funding at a $550 million post-Series D appraisal, taking its overall quantity of funding elevated to date to $94.9 million. The funds will be used to increase worldwide growth, including the launch of its EU head office in Amsterdam, and to develop a brand-new high-volume graphene battery production center in Reno, Nevada, US.
Aug 11, 2021 // Software, USA, Nevada, Amsterdam, North America, Graphene, Nanotech Energy, Jack Kavanaugh, EU headquarters, Maher El-Kady
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
FREYR Rebrands to T1 Energy Amid US Solar Expansion
FREYR Battery Inc rebrands to T1 Energy Inc, expanding its solar-plus-battery market presence with new headquarters in Austin and ambitious Texas-based manufacturing plans.
Feb 21, 2025 // Storage, USA, North America, FREYR Battery Inc
5 Solar Energy Stocks to Shine in 2020
Elon Musk had actually mentioned 2019 as "the year of the solar roof covering," however we need to await fourth-quarterly revenues records to see if it actually was. In general, 2019 was an excellent year for solar companies as the Invesco Solar ETF (TAN) climbed 63.9% contrasted to the S&P 500 Index's surge of 29.8%.
Feb 10, 2020 // Markets & Finance News, Elon Musk, Enphase Energy, JinkoSolar, vivint solar, solaredge technologies
Shell Completes Acquisition Of Renewables Platform Sprng Energy Group
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed 100% acquisition of Solenergi Power Private Limited and in addition to it, the Sprng Energy Group of Companies from Actis Solenergi Limited (Actis)- a leading worldwide capitalist in sustainable facilities
Aug 9, 2022 // Markets & Finance News, CAPEX, Actis, sprng energy, Solar Farms, wind farms, B.V., Shell Overseas Investment, Shell Plc, solar assets, Solenergi Power Pvt Ltd, wind assets
KPI Green Energy Secures 74.30 MW Solar Project Order
KPI Green Energy secures new 74.30 MW solar power project order, expanding their impressive renewable energy portfolio for a sustainable future.
Apr 30, 2024 // Plants, KPI Green Energy
Chemical reactions enhance efficiency of key energy storage approach
Study by the Oregon State University College of Engineering has actually discovered a means to enhance the efficiency of a type of grid-scale storage critical for a worldwide transition toward renewable resource.
Jan 6, 2022 // Technology, Storage, USA, Oregon State University, North America, efficiency, AuYeung
Photon Energy begins on 2nd solar plant in Romania
Solar energy and also clean water remedies group Photon Energy said on Wednesday it has begun the building of its second solar power plant in Romania, with a capacity of 4.7 MWp, as part of strategies to develop 32MWp solar projects in the country by the end of the year.
Jul 13, 2022 // Plants, Large-Scale, Commercial, Europe, photon energy, Romania, PV Power Plant
Siemens Energy prepares Multi-Gigawatt Electrolyser Factory in Berlin
The first 1GW PEM electrolyser will show up in 2023. The production line will certainly be improved a 2000 meters location at a price of EUR30 million.
Apr 4, 2022 // Solar to Fuel, green hydrogen, Renewable Energy, Siemens Energy, Christian Bruch, Huttenstrasse, PEM electrolyser
Nesta invests ₤ 1m in UK solar company Naked Energy
The investment will allow the company to scale up manufacturing of its solar tech
Dec 5, 2022 // Markets & Finance News, UK, Europe, Naked Energy, Nesta
Trina Solar Powers Japan's Industrial Energy Storage
Trina Solar enters the industrial energy storage sector in Japan, partnering with Narashinrinsigen to supply 30MWh of storage capacity from 2024. Trina Storage’s Elementa 2 boasts zero battery degradation in the first year of operation. With over 100 global partners and projects exceeding 10 GWh, this collaboration will contribute significantly to the global energy transition.
Dec 13, 2023 // Storage, Japan, Asia, Trina Solar
St Barbara Explores Renewable Energy Hub in Nova Scotia
St Barbara-owned gold miner in Nova Scotia partners with Natural Forces to explore renewable energy hub at closed Touquoy Gold Mine. Sustainable development in action.
Jun 11, 2024 // Plants, Large-Scale, Commercial, Nova Scotia, St Barbara
Vesper Energy Secures $590M Funding for Texas Solar Project
Vesper Energy's $590m debt financing deal for the Hornet solar project in Texas will generate enough electricity to power 160,000 homes annually, stabilizing the grid and reducing price volatility.
Feb 1, 2024 // Markets & Finance News, USA, Texas, North America, vesper energy