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Altus Power is merging with an unique purpose acquisition firm (SPAC) in a transaction that values the commercial and industrial (C&I) solar and storage programmer at US$ 1.58 billion.

A group of researchers at Empa has actually pushed the performance of flexible solar cells to a brand-new limitation. Independent measurements disclosed a performance of 21.4 percent when these sorts of solar cells transform light into electrical power. For comparison: the best performance of a non-flexible solar cell constructed from crystalline silicon is reported at 26.7 percent.

Under the structure of the four-nation grouping 'I2U2 ′ (India, Israel, USA and UAE), the United Arab Emirates will certainly make a financial investment worth $2 billion to develop a collection of integrated food parks throughout India.

Troubled thin film manufacturer Thin Film will see a 51% controlling stake in a hugely profitable hydropower project auctioned off after a move by creditors. Hanergy Thin Film owner Li Hejun’s Hanergy Mobile Energy business in China says it will be among the bidders.

Global solar investor Foresight Group has continued its charge into the Australian PV market, launching a sustainability framework to finance small-scale renewable infrastructure projects in the country.

NextEnergy Solar Fund (NESF) is marketing 2 of its subsidy-free possessions to NextPower Development, part of the NEC Group, in a ₤ 11.5 million purchase.

Indian researchers have actually developed a hybrid manufacturing method incorporating steel mesh and a metal-oxide layer over a glass substratum which they say lowers production cost by 80% contrasted to the tin-doped, indium oxide-based innovation presently in use.

The Chinese maker will supply 126 MW of modules to a project in Antofagasta which was initially installed utilizing its products in 2016.

Octopus Renewables has actually gotten a 9.1 MW profile of functional property UK roof solar assets.

The three projects lie in Spain and also Germany

The agreement with SUN Energy covers full-scope asset management services

Proparco, a department of the French Development Agency (AFD) group, invested in a $10 million green bond that will certainly be lent to Sun King, an African solar kit seller. The Swiss influence capitalist Symbiotics Group, through its MSMR Bonds platform, issuing the green bond. A total of 309 bonds worth $2.67 billion have actually already been issued thanks to this platform.

Enel, the Italian energy group, is in exclusive talks to sell a stake in 3Sun, its photovoltaic panel production site in Sicily. This move is part of the EU effort to speed up the switch to renewables and reduce dependence on Chinese solar materials.

CPS America announced at its 2023 Product Innovation Day that the CPS 250/275-kW three-phase string inverter obtained a 20% cost cut to start 2023. In a time of increasing costs, the CPS America team has actually applied innovative options to this flagship product to continue cost decreases as well as lower the rate without compromising on quality.

APG invests $400 million in US renewable energy company Doral Renewables, boosting solar and storage projects with additional funding for growth.