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Greece-based battery maker Sunlight Group has received EUR275 million (US$ 290 million) in car loan funding to expand production and study.

While the damage is largely done for cells, modules and inverters, increased tariffs on U.S. module components and 15% measures on lithium-ion batteries are not good news for either sector.

Wells Fargo, MUFG as well as Silicon Valley Bank to supply $260 million in Green Loan building and construction funding; J.P. Morgan Chase to give $143 million tax obligation equity financial investment. Leeward expands footprint in California with 174-megawatt (MW) solar facility as well as 88-MW storage facility.

The new center by Hanwha will provide clean power company Qcells with encapsulant film. Likewise, Hanwha will certainly be the only company in the USA producing solar encapsulants.

First Solar's new module factory in Tamil Nadu, India, boosts the country's solar technology sector and creates high-value jobs, supporting India's self-sufficiency goals and the global shift to cleaner energy.

The UNITED STATE solar industry expanded 43% and also set up a record 19.2 gigawatts (GWdc) of ability in 2020, according to the UNITED STATE Solar Market Insight 2020 Year-in-Review report, released today by the Solar power Industries Association (SEIA) as well as Wood Mackenzie.

United States Head Of State Joe Biden has signed an exec order that requires the United States federal government 'lead by example' and leverage its buying power to accomplish carbon neutrality by 2050.

Element Resources plans to construct and also operate a renewable hydrogen manufacturing center in the Lancaster, California, additional increasing the duo's relationship to build among California's biggest green hydrogen production centers. The project, located within Lancaster's city limits, is less than 100 miles from the ports of Los Angeles and Long Beach, and also will provide end-users throughout greater Los Angeles.

American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion. The sale portfolio includes 14 projects, representing 1,200 MW of wind and 165 MW of solar in 11 states.

McDonald’s signed two purchase agreements for 380 megawatts of renewable energy total capacity. The fast-food company is going to buy power produced by Aviator Wind as well as a large-scale solar project. Both facilities are located in Texas.

The corporate giant is creating three utility-scale solar arrays in Spain and USA within the framework of its green power plans.

Solar plants are now expected to last 32.5 years and also cost $17 per kW/year to run, as revealed by a Berkeley Laboratory survey of market individuals.

Blattner Energy Inc., installer and also contractor of utility-scale renewable resource in North America, is discovering strategic choices which might take the type of a sale or merging.

United States independent power manufacturer Soltage LLC has actually created a USD-250-million (EUR 210m) partnership with Chicago-based investment manager Harrison Street to money solar and other clean energy projects.

US-based high-efficiency n-type monocrystalline Interdigitated Back Contact (IBC) PV manufacturing startup Violet Power has insisted its plans to develop manufacturing capability in the US continue to be on track despite the collapse of its calculated partnership with REC Silicon.