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Saudi Arabia leases land for green energy projects
Al-Qassim Region in central Saudi Arabia has signed a financial investment agreement to lease land to the Saudi Electricity Company (SEC) for new renewable resource projects.
Oct 28, 2022 // Plants, Large-Scale, Commercial, Storage, Saudi Arabia, Asia
PIC to Grow Green Energy: $854m and Beyond
The PIC, Africa's top asset manager, is investing in renewable energy sources to tackle South Africa's power crisis. Their current investments have already produced 2000 megawatts for the grid, and they have invested 310 million rand in Rifuwo Energy Partners. The PIC is also looking into solar panels on property roofs to provide further renewable energy solutions.
Oct 4, 2023 // Markets & Finance News, Africa, PIC
Highview Power Taps Epcogen for World's Largest LAES Facility
Highview Power's groundbreaking Carrington project promises to transform energy storage, powering over 1 million homes with the world's largest liquid air energy installation.
Aug 20, 2024 // Storage, AXISCADES, Epcogen, John Goldie, LAES facility
DYCM Power Unveils 2-GW Solar Factory Plans in US
DYCM Power sets to revolutionize solar manufacturing in the Southeast with a groundbreaking $800M factory, boosting green energy production to 6 GW by 2026!
Sep 18, 2024 // Technology, USA, North America, DYCM Power
Adani Power Ltd Posts Rs 13.13 Crore Net Profit in Q4 2021 Results
Adani Power Limited (APL), the power service subsidiary of Indian conglomerate Adani Group, yesterday tape-recorded a combined internet profit of Rs 13.13 crore in the March 2021 quarter, in contrast to, a BSE filing revealed, a combined bottom line of Rs 1,312.86 crore in the quarter ended March 31, 2020. The reason for the enjoyable result owes to higher earnings earned in the most recent quarter.
May 7, 2021 // Markets & Finance News, Thermal, India, Asia, adani group, Adani Power Limited, APL, thermal power producer, Anil Sardana
Exactly How Floating Solar Panels Are Being Used to Power Electric Grids
Solar panels that float on water are coming to be a preferred clean-energy alternative for island nations and those with restricted land. These photos reveal the opportunities. In a globe of finite land, solar farms can take up a lot of space. But there's a service for that scarcity: panels that float.
Mar 8, 2023 // Floating PV, floating solar panels
Revenue record aids Soltec minimize full-year net loss as development pipe grows
Solar tracker supplier and project developer Soltec observed a strong Q4 efficiency help reduce its loss for the full year to EUR1.2 million (US$ 1.34 million), with its project pipeline growing to in excess of 10GW.
Feb 28, 2022 // Markets & Finance News, Spain, Europe, Soltec, solar trackers, soltec sf7
Tata Power Solar bags 'India's largest single EPC order' of 1GW for US$ 715m.
Tata Power Solar has landed what it claims to be India's biggest single solar EPC order of 1GW for roughly INR5500 crore (US$ 715 million) from Indian state-owned utility SJVN Ltd
May 9, 2022 // Plants, Large-Scale, Commercial, EPC, India, pv power plants, CPSU, Asia, tata power solar, mnre, tata power, SJVN
ReNew Power signs PPAs with Indian utilities and corporates for 2GW of solar PV
Indian Independent power producer (IPP) ReNew Power has signed a variety of offtake agreements with both state utilities and corporates in India totalling roughly 2GW.
May 2, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, India, SECI, Asia, Rajasthan, corporate ppa, corporate offtaker, ReNew Power, PSPCL, utility ppa
European consortium bid to bring 25.4%- effective heterojunction-IBC solar cell into automation
The EU-funded Nextbase project intends to produce heterojunction, interdigitated back-contact solar components for less than EUR0.275/ W. Solar panels including the Nextbase cell tech are anticipated to have a conversion effectiveness of 23.2%, according to the European Commission.
Jun 22, 2020 // Manufacturing News, France, Germany, Italy, Europe, heterojunction, Switzerland, Netherlands, Belgium, Norway, Czechia
Nuru Seeks $300 Million for Mini-Grids in Power-Starved Congo
Series B round to raise $60 million, Series C $90 million Company is backed by UK Agency REPP, IFC and Proparco
Apr 5, 2023 // Markets & Finance News, Grids, Africa, Nuru, Congo
United States Dispersed Power Major Nexamp Shuts $680 million Fund Raise
The fund raise by Nexamp will certainly supply the company sufficient development funding for the coming 2-3 years. With falling storage space costs, the potential in the dispersed solar as well as storage space market will certainly transform to truth quicker. Anywhere.
Aug 18, 2021 // Markets & Finance News, Storage, USA, North America, Nexamp, Zaid Ashai, Scott Jacobs
DEWA powers up Dubai's initial environment-friendly hydrogen plant utilizing power from solar mega-project
Dubai Electricity and Water Authority (DEWA) and Siemens Energy have actually ushered in the Middle East's very first industrial-scale, solar-powered environment-friendly hydrogen project.
May 20, 2021 // Solar to Fuel, Dubai Electricity and Water Authority, Dewa, Asia, hydrogen, United Arab Emirates, Saeed Mohammed Al Tayer, Dubai, Siemens, green hydrogen
Funding solar in Turkey-- Green money as well as brand-new organisation versions
Taking a look at the different solar energy plant devices brought by governing modifications in 2020, the Turkish PV market is intending to embrace some interesting brand-new economic and also service versions.
May 13, 2020 // Opinions, pv power plants, Asia, Turkey, SELEN INAL, KORAY GOYTAN, ALICAN OZDEN, OZLEM YAKUT, YEKDEM
ACWA Power to Go Public, Expected to Drive RE Boom in Saudi Arabia
The power manufacturer, which will certainly be 44% had by Saudi Arabia's sovereign wide range fund after the IPO, said it'll offer shares at 56 riyals ($14.93) each after institutional part of the offering finished. It will certainly elevate $1.2 billion for ACWA as well as value the firm at $10.9 billion.
Oct 8, 2021 // Markets & Finance News, Saudi Arabia, IPO, Asia, ACWA Power, initial public offering, Saudi Stock Exchange