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The Chinese manufacturer is forging ahead with a new gigafactory despite a regulatory decision last year which halted its plans to raise a significant chunk of the costs by issuing convertible bonds. Risen expects to be back on the upswing when it confirms its first-half figures.

The Australian Capital Territory government has announced the final step of the first phase of its ‘reverse auction’ programme, with the announcement of a tender for 250MW of renewable energy generation alongside a 20MW/40MWh battery energy storage system (BESS).

Queensland, the Sunshine State, is about to shed its mantle as the largest state in Australia for the manufacturing lots of electrical energy from large scale solar.

Mining business Rio Tinto is wanting to release an additional 6GW of solar as well as wind in Australia as part of a new strategy to reduce its carbon exhausts by 50% by 2030.

TagEnergy has actually begun construction on a ₤ 16 million 20MW/40MWh battery storage center following Santander financing.

UK-based energy group Octopus Energy has actually raised US$ 550 million to buy renewables-enabling innovations and solutions.

The order value is anticipated to be near to Rs 2200 crore over three years. The order marks the very first big win for Sterling as well as Wilson because it's renewed focus on the Indian market

Sale gives the German firm ownership of a 3GW solar pipe in the country

VH Global Sustainable Energy Opportunities will start building and construction of the projects in Q3 2022

Blue Grass project in Queensland is just one of 50 large-scale projects being developed in the state

Trina Solar joins fellow Chinese solar titans Longi and Jinko Solar to introduce major new expansion plans.

Flow Power is set to revolutionise Victoria's energy landscape with its 100-MW battery energy storage system project, providing real-time access to 100% renewable energy and stabilising the grid to reduce blackouts. Financial closure expected next year, with construction beginning in 2024 and operational late 2025.

Harnessing power of the sun, Northumberland County Council has granted permission for a groundbreaking 49.9-MW solar farm with 60-MW battery storage system. Sheep will soon graze at this former open cast coal mining site, part of UK's Bluefield Group's third solar project and the first to feature a co-located battery storage.

China is dramatically changing its power system to boost battery profits and reduce solar payments. 20 provinces and regions have adopted electricity rate regimes that will likely affect solar's economic outlook. With improved economics, China is expected to triple energy storage installations this year. Meanwhile, Australia is pressing China to remove trade impediments concerning live lobster and red meat.

UK coal as well as gold mining projects developer Oracle Power PLC (LON: ORCP) and also Power Construction Corporation of China (SHA:601669), likewise called PowerChina, have actually agreed to partner in the potential joint development of a 1-GW solar project in the desert of southeastern Pakistan.