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Amsterdam-based solar energy producer Photon Energy NV (WSE: PEN) on Thursday claimed it booked a third-quarter net profit of EUR 6 million (USD 6m) after losing EUR 1.4 million a year back, thanks to the switching to a vendor approach.

Companies purchased a record 31.1 gigawatts of clean energy with power acquisition agreements, or PPAs, in 2021, up virtually 24% from the previous year's record of 25.1 GW according to research firm BloombergNEF (BNEF). Over 2 thirds of this buying (65%) happened in the U.S. Nevertheless, additionally underpinning the solid growth is a surge in activity from the biggest technology business, who collectively signed over fifty percent of the offers.

Asian Development Bank allocates a grant for the country in South Pacific to help it reach its goal to become fully renewable in 2025.

Gore Street Energy Storage Fund (GSF) has agreed to acquire the 200MW Big Rock energy storage project in California from Avantus, with a grid connection scheduled for the second half of 2024. This acquisition will increase GSF's portfolio to 27 projects totalling 1173.2MW of operational and construction assets across the UK, Ireland, Germany the US.

Vistra lately finished construction on the 100-megawatt Phase II of the plant, which brought the Moss Landing facility's total ability to 400 MW/1.6 GWh, making it the largest of its kind worldwide. Moss Landing is a flagship project in which Vistra established advanced energy storage space capability, for which LG Energy Solution supplied batteries utilizing its newest innovative Transportable Rack (TR1300).

Savion introduced Dominion Energy Virginia signed a PPA to receive 75 MW of renewable solar power with the Wythe County Solar Project, located in Wythe County in Southwest Virginia. The power purchase arrangement undergoes approval from the Virginia State Corporation Commission as part of a current Dominion Energy declaring.

Enphase Energy's IQ8P Microinverters in France and Spain offer high-powered solar support with peak output of 480W, maximizing energy production and reliability for homeowners. #EnphaseEnergy #SolarPower

PIF partners with Chinese firms to boost renewable energy manufacturing in Saudi Arabia, aiming for local production growth and global export potential by 2030.

Greater than 9,500 solar panels currently produce clean power at Alliant Energy's brand-new Marshalltown Solar Garden in Marshalltown, Iowa. This pilot project integrates solar energy and battery storage space to create, shop and provide power to clients.

Germany is set to swiftly increase solar and also wind implementation as it advances plans for renewables to account for all the nation's electricity needs by 2035.

Duke Energy Florida completed its initial utility-scale solar project in Bay County, Florida. The 74.9-MW Sandy Creek Solar Power Plant was improved 625 acres as well as is constructed from approximately 220,000 single-axis tracking solar panels, efficient in generating adequate power to power approximately 23,000 homes annually at peak manufacturing.

AGL has government authorization to build a 500MW/2,000 MWh battery energy storage system at a retiring coal power plant site in New South Wales The proposed BESS by the business will certainly be four times the size of the Victorian Big Battery

The Bitcoin network was estimated to consume about 67TWh of electrical power in 2020, and also its complete consumption has currently exceeded this in 2021.

Dominion Energy is adding a 150MW PV project in Prince George County, Virginia, that will stand as the largest solar installation in Dominion Energy's portfolio within the state.

GAF Energy has committed to developing a new solar shingle manufacturing facility in Georgetown, Texas that will see its annual capacity rise to 300MW.