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Octopus Investments Australia raises AUD 250 million for its renewable energy fund, OASIS. With contributions from Hostplus, CEFC and Sky Renewables, plus a new investor Rest, total funds raised now stand at AUD 550 million. Octopus manages a platform of assets worth AUD 1 billion.

The Ministry of Electricity Transmission Establishment is looking for to construct a 23 MW solar center in Damascus as well as a 40 MW plant near Homs.

The government has been seen as slow to act on climate change, while Labor offered an ambitious carbon reduction policy.

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.

Solar programmers protected 131.4 MW of the ability granted in the public auction, while a biomass setup represented the staying 500 kW of capability. The nationwide power regulatory authority will certainly supply 15-year feed-in costs settlements to the winning projects.

Renewables-focused investor and also asset supervisor Exus Management Partners will give operation and upkeep (O&M) solutions for 36 MW of solar farms in Portugal.

Eos Energy Enterprises, the US-headquartered supplier of stackable zinc battery storage space system modern technology, added 65MWh of production capacity in the initial quarter of this year.

Power acquisition contracts (PPA) for approximately 3 GW of solar photovoltaic or pv (PV) projects have been checked in Saudi Arabia, it was announced on Thursday.

Target has set a goal to have rooftop solar panels on 500 of its stores and other properties by 2020, and that includes in Jacksonville.

Germany connected 1.4 GW of PV in July, lifting total capacity past 109 GW as Bavaria leads 2025 additions.

The use of solar power for the production of power is taking hold in Serbia. In the last few months, households as well as companies have actually set up around 360 roof photovoltaic power plants with a total capacity of 5.7 MW while an additional 100 MW is in the treatment.

Penn State University, in partnership with Lightsource BP, has broken ground on the largest solar project in the state of Pennsylvania. The project is expected to provide 25% of the university’s electricity over the next 25 years. Lightsource BP will build, own and operate the facility and sell the electricity to Penn State under a long-term power sales contract.

The web application SolarDesignTool for residential solar design and permitting was developed by the Verdiseno Inc. team. The founder and CEO of the project is Derek Mitchell. The company headquarters in Santa Cruz, California state. The main task of the SolarDesignTool software is to simplify the process of the solar power system designing and make installations more budget-friendly.

The latest project to be switched on in Nigeria’s solar electrification programme for universities is also thought to be the largest ‘hybrid’ plant of its kind on the African continent so far, inaugurated this week at Bayero University Kano (BUK).

A team of scientists from the University of Toronto has developed a triple-junction perovskite solar cell with record performance by getting over an essential restriction of previous layouts.