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Renewable Energy Investment Hits Record-Breaking $358 Billion in 1H 2023
Global new investment in renewable energy skyrocketed to $358 billion in the first six months of 2023, a 22% rise compared to the start of last year and an all-time high for any six-month period. This is based on the latest investment data from BloombergNEF’s 2H 2023 Renewable Energy Investment Tracker report, published on August 21, 2023.
Aug 22, 2023 // Market Research, USA, Germany, China, Europe, Asia, North America
Silicon and perovskites should stick together, say Korean scientists
Researchers from the Ulsan Institute of Science and Technology have demonstrated a new method of fabricating perovskite-on-silicon tandem devices, using a transparent conductive adhesive to combine the two cells. The scientists have developed devices with demonstrated efficiencies of 19.4%, and propose strategies to bring that above 24% using existing technology.
Sep 13, 2019 // Technology, South Korea, Asia, silicon, Ulsan Institute of Science and Technology, Young Choi
Solar-powered desalination plant in Kenya gives fresh water to 25,000 people a day
New solar-powered desalination plant provides fresh water in Kenya.
The plant is already able to support 25,000 people a day.
As more water-scarce regions pop up worldwide, technology such as this offers an energy efficient way to provide fresh water.
Aug 7, 2019 // Plants, Large-Scale, Commercial, TESLA, Elon Musk, Kenya, desalination, Hayes Barnard, GivePower, World Health Organization, water, Africa
German Institution DEG Funds Solar Micro-Grids Development in Nigeria
DEG is funding the USA-based Husk Power Systems with $750,000 to develop eight community solar micro-grids in Nigeria.
Husk Power Systems is already running 12 micro-grids in the West African country.
Jan 10, 2023 // Markets & Finance News, Africa, Nigeria, DEG, Husk Power Systems, Deutsche Investitions und Entwicklungsgesellschaft, solar micro grids, Up-Scaling Program
IRENA predicts LCOE of solar will drop to $0.01-0.05 by mid century
The latest study published by the International Renewable Energy Agency says the average solar electricity cost of $0.085/kWh produced by projects commissioned last year is set to fall to $0.048 next year, and $0.02-0.08 by 2030.
Nov 13, 2019 // Tariffs, USA, Saudi Arabia, Chile, South america, Asia, Oceania, United Arab Emirates, Mexico, North America, Peru, SUB-SAHARAN AFRICA, WORLD
Serbia in talks with United States firm over construction of 1GW of solar
The government of Serbia has actually authorized an arrangement with US business UGT Renewables to coordinate on the building of solar and energy storage projects in the Balkan country.
Aug 3, 2021 // Plants, Markets & Finance News, Europe, eastern europe, balkans, Serbia, UGT Renewables
China Adds 18.7 GW of Solar Capacity in First Nine Months of 2020
China's advancing set up solar ability reached 223 GW at the end of September 2020
Nov 4, 2020 // Markets & Finance News, China, Asia
Norfund, EDF Back Scatec’s 1.1-GW Egypt Hybrid
Scatec enlists Norfund and EDF for Egypt’s Obelisk hybrid: 1.1‑GW solar with 100‑MW/200‑MWh storage, accelerating build, easing grid constraints, and signaling investor confidence in North African renewables.
Dec 8, 2025 // Plants, Large-Scale, Commercial, Scatec, EDF, Asia, Africa, Egypt, norfund
Greece gives concern status to near 1 GW of solar projects
Solar projects with an incorporated ability of approximately 1 GW, mostly in the Thessaly region of Greece, will certainly be fast-tracked and also taken into consideration strategic financial investments, the federal government said last week.
Aug 9, 2021 // Plants, Markets & Finance News, Greece, Europe, solar projects
Econergy inks EPC bargains for 170MW of Romanian solar
Developer has actually signed agreements with contractors Shanghai Electric Group as well as CHINTEC for both projects
Nov 1, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, EPC, Europe, Romania, PV Power Plant, Econergy, Eyal Podhorzer
VH Global to purchase 15 MW of fully-permitted solar projects in Australia
VH Global Sustainable Energy Opportunities Plc (LON: GSEO) said today it has actually secured a deal to acquire a 15-MW portfolio of fully-permitted solar photovoltaic (PV) projects in Australia for GBP 21.2 million (USD 24.3 m/EUR 24.3 m).
Sep 12, 2022 // Plants, Large-Scale, Commercial, Australia, Oceania, solar projects, VH Global
Australia sets up record-breaking variety of roof solar panels
Data from the Clean Energy Regulator analyzed by CSIRO shows that in 2020, around Australia, over 362,000 roof solar PV setups were provided with small-scale renewable energy plan certifications (STCs) under the Small-scale Renewable Resource System.
May 14, 2021 // Residential, Rooftop PV, Australia, rooftop PV, Oceania, CSIRO, Larry Marshall, Mark Williamson
NSW seeks renewables, energy storage rate of interest for most recent Renewable Energy Zone
The Government of New South Wales (NSW), Australia, has actually opened an on-line enrollment of interest process as it seeks prospective buyers for the nation's most current Renewable Energy Zone (REZ) to get in the planning phase.
Nov 1, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Policy, Australia, Oceania, new south wales, rez, grids, renewable energy zone
Bboxx, Orange launch solar mini-grid project in the DRC under anchor business community model
Off-grid pay-as-you-go solar provider Bboxx has actually partnered with telecommunications business Orange to introduce a new solar mini-grid project to assist speed up clean energy gain access to for households across the Democratic Republic of Congo (DRC).
Jul 4, 2022 // Plants, Grids, bboxx, Orange, mini-grid, sub saharan africa, anchor business community, telecoms
Juwi starts panel install at 204MW Greek PV website
The EUR136m Kozani solar park is arranged to be connected to the grid by February 2022
Apr 15, 2021 // Plants, Large-Scale, Commercial, Greece, Europe, juwi, Solar Park, Takis Sarris










