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Chinese Module Manufacturer Yingli Solar Seeks A Return
Yingli Solar, which was once the biggest producer of photovoltaic panels in the world and also the initial Chinese business to fund the FIFA World Cup TM, has actually announced plans to make a serious comeback.
Jun 11, 2021 // Manufacturing News, Yingli Solar, capacity expansion, financial distress, restructuring, solar leadership, xulong yin
Battery Resourcers Safeguards $70 M to Expand Recycling Tech
Battery Resourcers, an up and down integrated lithium-ion battery recycling and also making business, today introduced the closing of its most recent mid-round financing totalling $70 million.
Sep 22, 2021 // Markets & Finance News, Storage, Battery Resourcers, Hitachi Ventures, lithium-ion battery recycling, Michael O'Kronley, Tobias Jahn
Solar module as well as polysilicon prices to decline from 2023, report finds
Solar module prices for global markets are anticipated to fall in tandem with anticipated polysilicon price decreases as of 2023, according to research from Clean Energy Associates (CEA).
Aug 29, 2022 // Market Research, USA, China, Asia, North America, CEA, module pricing, polysilicon pricing, Clean Energy Associates, AD/CVD, pricing, polysilicon price, UFLPA
First Solar to invest $1bn to ramp US PV manufacturing
Investment will certainly expand the business's ability to domestically generate solar modules to over 10GW
Aug 30, 2022 // Markets & Finance News, USA, First Solar, Mark Widmar, North America
Binghamton University-Led Battery Effort Gets $113 Million Grant
University's New Energy New York receives $63.7 million from Build Back Better Regional Challenge and also $50 million from the New York state. The grant will certainly aid to bolster domestic battery manufacturing and supply chain, reinvigorate region.
Sep 5, 2022 // Markets & Finance News, Storage, USA, North America, Joe Biden, Binghamton University, Finger Lakes, Harvey Stenger, New Energy New York project, Opportunity Zone in Endicott, Per Stromhaug, Senator Schumer, Southern Tier
Jupiter Power, Energy Vault Partner for 2.4 GWh of Domestic-Content-Qualified BESS
Energy Vault will concentrate on making the most of localization and also release of energy storage equipment that will get Inflation Reduction Act's Domestic Content Bonus Credit. Jupiter Power will certainly collaborate in siting the new domestic manufacturing facilities by making use of assets safeguarded for future Jupiter Power projects throughout the United States.
Sep 29, 2022 // Storage, USA, BESS, North America, battery energy storage systems, Jupiter Power, Andy Bowman, Energy Vault Holdings, Inflation Reduction Act, Marco Terruzzin, Domestic Content Bonus Credit
ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America
ReNew Power has actually obtained a loan from Bank of America completing approximately Rs 800 crore, the lender's initial local project financing arrangement in the renewable energy market after a protracted absence.
Nov 9, 2022 // Markets & Finance News, clean energy, finance, ReNew Power, Renewable Energy, bank of america, green energy, first local project financing agreement, Renew Energy Global Plc, Renewable energy industry
Philadelphia Solar panels to begin US manufacturing with JV with Translucent Energy
Translucent Energy, an U.S. solar technology firm, is entering a joint-venture with Jordan-based solar panel producer Philadelphia Solar to bring solar modules to the united state market. The business, presently operating as Trading Philadelphia Solar, prepares to establish an U.S. production arm of Philadelphia Solar modules by the end of this year, with complete U.S. manufacturing by 2024.
Nov 15, 2022 // Manufacturing News, USA, North America, Phillip Martin, Translucent Energy, Mohammad Shehadeh, Nour Mousa
Campeche is Home to Mexico's 2nd Largest Solar energy Plant
In Campeche, a new solar park has actually begun generating enough electricity to supply more than 300,000 homes with electricity annually. The $440 million La Pimienta facility, developed by American company Atlas Renewable Energy in the community of Carmen in the southwest, was officially ushered in recently.
Nov 23, 2022 // Plants, Large-Scale, Commercial, Mexico, Atlas Renewable Energy, North America, Solar Park, Societe Generale, green energy, Campeche, La Pimienta, Yucatán Peninsula
Ontario Teachers' to Invest $805 Mn of NextEra's Renewable Energy Projects
This investment is the 2nd in many years by Ontario Teachers' with NextEra Energy. The firm held that a roughly 2 GW portfolio consists of 4 freshly created as well as nine operating RE projects.
Nov 24, 2022 // Markets & Finance News, NextEra Energy, Cubico Sustainable Investments, Anbaric Development Partners, equity portfolio financing, Ontario Teachers' Pension Plan Board
Stryten Energy includes Storion's VRFB storage technology to available suite of solutions
The assets of Storion Energy, a vanadium redox flow battery (VRFB) technology company, have actually been purchased by Stryten Energy, an energy storage solution supplier. Storion's VRFB technology is excellent for applications that require greater than four hours of storage capacity to release clean energy on demand from eco-friendly resources such as solar and wind energy. These applications consist of utility-scale storage, microgrids and also army bases.
Jan 24, 2022 // Storage, vanadium redox flow battery, VRFB, Stryten Energy, Storion Energy, Mike Judd, Tim Vargo
Unsubsidized 350 MW PV project in the UK
Hive Energy has actually been preparing the Cleve Hill Solar Park because 2017. It currently anticipates to safeguard last authorization from the U.K. Department for Business, Energy as well as Industrial Strategy by the end of this month.
May 15, 2020 // Plants, Large-Scale, Commercial, UK, Europe, hive energy, wirsol
REC Silicon to reboot solar wafer production for next-door neighbor Violet Power
Newly revealed Washington-based solar cell and also panel production venture Violet Power will certainly now have a residential silicon distributor with nextdoor REC Silicon. REC's Moses Lake silicon production facility has actually been out of compensation considering that 2018, yet with Violet Power establishing nearby as well as intending on 1 GW of manufacturing outcome, REC now had a considerable domestic purchaser.
Oct 13, 2020 // Manufacturing News, USA, North America, REC Silicon, violet power, Tore Torvund, Desari Strader
Tesla affordable solar strategy paying dividends as installs rebound
Tesla has said its technique to deliver the lowest-cost solar rooftop installments in the US is settling after it saw an increasing of installs in Q3 2020.
Oct 22, 2020 // Markets & Finance News, USA, TESLA, ENERGY STORAGE, Elon Musk, North America, Solar Rooftop
AIB invests in Irish solar designer
Bank's EUR8.5 m in money to help fund BNRG's 1.8 GW development pipeline
Dec 21, 2022 // Markets & Finance News, Ireland, Europe, BNRG, AIB