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Partners Group will pour >USD 450 m into PowerTransitions, converting retired U.S. fossil plants into solar-plus-storage hubs to meet booming, AI-driven power demand.

POWGEX-HYFI and BioPower announce an opportunity to build up to 30 GW of solar power plants in South Africa’s Mpumalanga province, with the initial capacity starting in 2024 and an estimated project cost of USD 2.5 billion. Lead financial adviser Signet Capital arranges a USD-450-million private placement.

A consortium consisting of Saudi company ACWA Power, Gulf Investment Corporation (GIC) as well as Alternative Energy Projects Co. (AEPC) has actually accomplished economic closure for a 500MWac planetary system in Oman even with the COVID-19 break out.

ACWA Power flips the switch on Saudi Arabia’s 2-GW Ar-Rass 2, unlocking full commercial output and boosting Tadawul-listed 2082’s renewable momentum.

Additionally in the brief: BayWa r.e. expands PV and also storage abilities with procurement of Enable Energy, Hemlock Semiconductor to up and down incorporate polysilicon production.

Hanwha Q CELLS has celebrated the grand opening of what it bills as the “largest” solar panel factory in the western hemisphere, a US$200 million facility in Dalton, Georgia, meant to supply 1.7GW to the US market every year.

As renewable energy infiltration grows, curtailment issues are climbing given that the setups are concentrated mostly in a few states. The equity IRR might drop below zero if the curtailment exceeds 40% as well as ADSCR would fall below unity if the curtailment goes beyond 20%.

'Solar Module Super League' (SMSL) member Canadian Solar has elevated US$ 150 million through a share offering, with profits readied to aid the maker broaden its energy storage space arm.

The firm earned an internet earnings of 35.3 million in Q4 FY 2020-21

Following up on the webinar held with Trina Solar about the new algorithms needed for bifacial and tracking installations, the word is that gains of 20-30% are not unlikely. To attain that, however, the sweet spot of front and rear side yield has to be reached. Trina has showcased a new algorithm alongside its bifacial n-type modules and claims it can do just that.

J-POWER USA, SPDI, Avondale Solar and also AP Solar have actually agreed to collectively develop Charger Solar, a 400 MW air conditioning solar project located in Refugio County, Texas.

FTC Solar, a US-based solar tracker supplier, has developed a domestic joint venture with Thailand-headquartered steel fabricator Taihua New Energy to produce steel components for solar projects. The joint venture called Alpha Steel, will certainly concentrate on manufacturing steel components, including torque tubes, for utility-scale solar projects in Sealy, Texas. Alpha Steel is expected to begin industrial manufacturing in mid-2023.

Naturgy and Enagas Renovable are investing €485m in the Robla Hub JV to install up to 280 MW of green hydrogen production capacity in La Robla, northern Spain, powered by solar PV plants.

The two companies are currently coordinating for the development of multiple solar parks, which remain in the works presently.

AzkoNobel, which owns paint brand Dulux, has actually authorized a lasting agreement with Asian C&I specialist Cleantech Solar to mount three rooftop planetary systems at its websites in Thailand and Malaysia.