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Queensland gold mine transformed into $4.7bn hydro site
Evolution Mining and ICA Partners to transform Queensland gold mine into $4.7 billion pumped hydro storage facility, powering up to two million homes.
Jun 3, 2024 // Plants, queensland, Evolution Mining, ICA Partners
Decom Solar decommissions and recycles 360-kW solar array for Target
Decom Solar has successfully finished the decommissioning of a 360-kW rooftop solar array in Los Angeles, California, for Target Corporation and PowerFlex. The previous system included legacy Shell Powerlight modules, Xantrax inverters and also an incorporated PowerGuard flat racking option. The whole project, including the removal of all system equipment, was completed within 3 weeks.
May 31, 2023 // Rooftop PV, USA, North America, Target, solar array, Decom Solar
RGreen Invests €44m in Goldbeck Solar Projects
Goldbeck Solar Group secures €44 million finance from RGreen Invest for the construction of 4 solar projects in Canada and Chile, totaling 93MWp. Supporting sustainability, the Canadian projects will run on merchant basis and Chile will benefit from PMGD programme.
Jul 6, 2023 // Markets & Finance News, RGreen, Goldbeck Solar Group
FranklinWH Closes USD-25m Investment Round
FranklinWH Energy Storage Inc., a US residential energy storage systems (ESS) company, has raised USD 25 million (EUR 23.1m) in Series B funds. Particle Future led the round to enhance R&D, optimize supply chain, and expand operations and sales network. Franklin Home Power integrates solar, battery, grid and generator power sources. Founded in 2019 and funded by Sequoia Capital. Gary Lam says the new capital will make renewable energy options more accessible.
Aug 25, 2023 // Residential, Markets & Finance News, Storage, USA, North America, FranklinWH
Genie Acquires 9.4 MW Solar Bundle
Sunlight Energy has acquired a 9.4 MW portfolio of solar arrays in Ohio & Michigan used to power school facilities. This is the first operating solar asset acquisition for Sunlight Energy, providing immediate return on investment. Plus, the developer retains right of first refusal on future projects.
Nov 28, 2023 // Markets & Finance News, Sunlight Energy, Genie Energy
576MW Solar Deal Signed in Romania
LONGi and Nofar Energy Romania have reached an agreement for a 576MW PV project in Romania, with Hi-MO 7 modules and ESG-compliant financing from a leading banking corporation. Mirel Jarnea and Favi Stelian are excited for the progress and future of sustainable energy in Romania.
Dec 29, 2023 // Manufacturing News, Plants, Europe, LONGi, Romania, Nofar Energy
What is Cash flow (modeling)?
Year-on-year prediction of a company’s assets, equities, incomes, expenses, investments and liabilities based on prospective wage growth, inflation,
Sep 12, 2023
South Africa plans to allocate at least 6 GW of large scale solar by 2030
That would take the country to 8.28 GW of generation capacity by the end of the next decade with the government stating up to 6 GW of small scale capacity could be required on top. By that stage, however, coal would still amount to 43% of generation capacity and gas and diesel a combined 8.1%, under the new Integrated Resource Plan.
Oct 21, 2019 // Plants, Large-Scale, Commercial, UTILITY-SCALE SOLAR, Africa
New record performance of solar panels: transformation in solar energy
Solar energy is a renewable energy that has been acquiring a lot of focus in recent times. This is not without factor as innovations in solar panel modern technology have actually made it a lot more effective as well as cost-efficient than ever.
Mar 29, 2023 // Technology, Germany, Europe, solar cell, solar panel, meyer burger, CSEM, efficiency
What is Battery energy storage?
System based on electrochemical cells for storing electrical energy generated by photovoltaic stations for future usage. Most hybrid and off-the-grid solar
Sep 11, 2023
German report makes recommendations for private PPA adoption in China
The German Energy Agency has drawn up a list of proposed measures which it says could help the world’s biggest solar market accelerate its clean energy plans through the adoption of subsidy-free – private – power purchase agreements.
Oct 15, 2019 // Markets & Finance News, Tariffs, Policy, PPAs, Germany, China, Europe, Asia, tariff, Dena, subsidy-free PPAs
sonnen batteries will be used in Stanford research project
Residential battery maker sonnen has actually established a research partnership with Stanford University's Sustainable Systems Lab (S3L) within the Department of Civil as well as Environmental Engineering to deploy sonnen's intelligent power storage space hardware and tons monitoring software application in 15 Fremont, California-area solar-powered residences and also in a commercial farming center in El Nido, California.
Nov 2, 2020 // Technology, Residential, Storage, USA, North America, Sonnen, Stanford, Blake Richetta
EDF Renewables wins authorization for 50MW UK solar
South Holland District Council has given permission for the Sutton Bridge project to go ahead after examination
Mar 11, 2021 // Plants, Large-Scale, Commercial, UK, Europe, EDF Renewables, Ben Fawcett
US rookie starts developing 234MW of Canadian PV
Proteus Power's three solar projects in Alberta will be co-located with 97MW of power storage space
Jul 26, 2022 // Plants, Large-Scale, Commercial, USA, Canada, North America, Proteus Power, Mike Lambros
ACWA signs financing take care of Natixis for up to US$ 2bn of projects
Saudi solar developer ACWA Power has signed a memorandum of understanding (MoU) with Natixis Corporate & Investment Banking (Natixis CIB) that will certainly see the companions explore possibilities to create projects, consisting of renewable resource plants.
Dec 6, 2021 // Markets & Finance News, Saudi Arabia, Natixis, Asia, ACWA Power, project finance