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The nation’s cabinet has approved new contracts for solar projects under net metering rules across several regions. Investments include solar micro-grids for disconnected areas, grid-tied installations and hybrid projects.

ACWA Power has closed financing for 200MW Kom Ombo solar project in Egypt, with $123 million of the total $182 million investment coming from international institutions. In January 2024, the plant will provide electricity to 130,000 households and help Egypt meet its 2035 goal of 42% renewable energy.

City University of Hong Kong researchers have created an innovative SAM molecule to improve the thermal robustness of perovskite solar cells, unlocking their potential for use in hot climates and reducing our reliance on fossil fuels.

Financier has actually obtained 51% shareholding in the functional Oakey 1 as well as Longreach PV farms

It is no secret that China has actually virtually built and led the global solar push in the past decade. Firms from the nation today supply or control over 70% of international materials in solar energy.

Lithuania’s Ignitis Group will invest €130 million to install 291 MW/582 MWh of battery storage at wind and hydro sites, targeting grid flexibility by 2027.

Developing cities seeking to assess their policy and financing options for rooftop photovoltaic (PV) power generation can benefit from the increasing sophistication of rooftop PV simulators.

Independent power manufacturers Novatus Energy and Southwest Generation have actually combined to produce Onward Energy.

Engie's Romanian division secures 224 MW in renewables, advancing towards 1 GW by 2030 with solar and wind projects in Dambovita and Constanta counties.

Germany’s ABO Energy is sounding out investors to fund a strategic shift from pure developer to independent power producer with owned operating assets.

UK-based Low Carbon Limited and US-based MassMutual have actually joined pressures to construct a leading global renewable resource Independent Power Producer (IPP). The collaboration aims to accelerate the development and operation of large-scale renewable resource projects with a concentrate on numerous Organisation for Economic Co-operation and Development (OECD) markets.

Infrastructure financial investment administration firm I Squared Capital has actually consented to offer Grupo T-Solar to Cubico Sustainable Investments for a factor to consider of EUR1.5 bn ($ 1.8 bn).

Power Capital Renewable Energy secures €323M to boost solar and storage projects, driving Ireland's transition to sustainable energy with Eiffel Investment Group's support.

EMCAF will certainly spend $25 million into Alcazar Energy Partners II which is a fund giving early-stage equity financing to create, construct and also operate renewable energy projects between East, North Africa, Eastern Europe as well as Central Asia. Alcazar Energy Partners II has a target size of $500 million as well as will certainly purchase onshore wind, solar photovoltaic or pv to name a few.

Japanese conglomerate Mitsui & Co. has actually bought a 1,300 MW wind-plus-solar-plus-storage project development in India.