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Record 45GW of renewables capacity to be auctioned in Europe this year
This year is readied to be a record-breaker for renewables auctions in Europe, as countries across the continent look to increase clean energy deployment to get to 2030 exhausts reductions targets.
Jan 8, 2021 // Markets & Finance News, Market Research, UTILITY-SCALE SOLAR, Wood Mackenzie, tender, auctions, Europe, Rory McCarthy, Flexibility, renewables auction
200 MW Solar Project 'Largest in West Africa' to Come up in Nigeria
B&S Power as well as Sunnyfred Global to create, develop, finance as well as create West Africa's biggest solar PV project in Nigeria.
Feb 18, 2021 // Plants, Large-Scale, Commercial, Africa, Nigeria, International, Solar Project, B&S Power
Sungrow to increase Indian inverter production ability to 10GW
Solar inverter supplier Sungrow will certainly expand its inverter production ability in India to 10GW this year.
Feb 26, 2021 // Manufacturing News, Markets & Finance News, Inverters, Sungrow, India, Asia
European storage market 'set to double in 2021'
Grid secondary services in markets including the UK, Italy as well as Nordics are driving growth, states report from EASE
Mar 23, 2021 // Storage, Sweden, UK, Italy, Europe, Norway, EASE, Jon Ferris
Slow solar rollout worsening grid supply worries, French system driver RTE advises
France's grid operator RTE has warned of tighter than projection power supply margins, with hold-ups to renewables growth in the nation expected to exacerbate a shortfall of nuclear generation.
Mar 25, 2021 // Plants, Grids, Policy, France, Europe, grid, policy, decarbonisation, renewables, regulation, rte, system operator, Xavier Piechaczyk
BayWa r.e. make money from renewables 'megatrend' to upload record monetary outcomes
German farming team BayWa is anticipating a considerable income rise at its renewables unit this year, thanks to a strong project pipe and growth in PV part trading.
Mar 26, 2021 // Markets & Finance News, Europe, financial results, Netherlands, baywa r.e., BayWa, Klaus Josef Lutz, sfi con london, company results
Rosendin begins building and construction on 500-MW Texas solar project
In southeastern Texas bordered by farmland, Rosendin's Renewable Energy Group (REG) has started developing the biggest solar power project in the state. The Aktina Renewable Power Project asks for the installation of 1.4 million solar modules throughout 4,000 acres in Wharton County, located outside the Houston Metro location.
Apr 5, 2021 // Plants, USA, Texas, North America, Solar Project, Rosendin, Renewable Energy Group, David Lincoln, Ken Kiriishi, Damon Sebren
IKEA owner Ingka Group to invest EUR4bn in solar and wind projects
Ingka Group, a merchant that runs most of IKEA stores, has actually designated an additional EUR4 billion (US$ 4.8 billion) to purchase solar and also wind plants.
Apr 21, 2021 // Plants, Markets & Finance News, PPA, Europe, Asia, power purchase agreement, ikea, ingka group, corporate ppa, corporate offtaker, Russia, Pia Heidenmark Cook
Spain might release 3.5 GW of additional self-consumption PV thanks to brand-new gives
New Spanish federal government grants to sustain the deployment of self-consumption solar projects can cause 3.5 GW of added capacity, profession organization UNEF has suggested.
May 17, 2021 // Plants, Large-Scale, Markets & Finance News, Storage, Rooftop PV, Spain, UNEF, Europe
Hitachi ABB Power Grids Gives Battery Storage Space Tech to Thailand
Switzerland-headquartered Hitachi ABB Power Grids Ltd. lately introduced its selection by Impact Solar Limited, a subsidiary of Impact Solar Group, to offer Battery Energy Storage space System (BESS) as well as regulates technology to a "smart industrial park" project in Thailand, which belongs of the nation's largest personal microgrid at Saha Industrial Park in Sriracha.
May 18, 2021 // Storage, Thailand, Asia, BESS, Battery Energy Storage System, Hitachi ABB Power Grids Ltd, Impact Solar Limited, Vichai Kulsomphob, YepMin Teo
Websol Energy to establish 1.8 GW solar cell as well as module facility
The upcoming factory will employ unique innovations in the industry like high efficiency mono passivated emitter and also rear contact (PERC) and tunnel oxide passivated contacts (TOPCON). Websol additionally said that it's communicating with power generators to aid it provide solar cells and also modules on a lasting basis.
Jul 4, 2022 // Manufacturing News, solar cells, solar modules, PERC, topcon, India Max Investment Fund, SEBI, Websol Energy System, Websol Green Projects
2.2 GW of solar effective in UK's newest renewables auction
More than 2GW of solar has actually won agreements in the UK's latest renewables auction clearing at a strike cost of ₤ 53.40/ MWh (US$ 64.19/ MWh).
Jul 8, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, UK, Solar Energy, Lightsource BP, Europe, cfd, Contracts For Difference, ScottishPower
London Stansted receives preparing permission for 14.3 MW solar farm
London Stansted has actually received planning permission for the growth of a 14.3 MW solar farm designed to make the airport's energy supply extra secure.
Aug 29, 2022 // Plants, Large-Scale, Commercial, UK, Europe, solar farm, London Stansted, Steve Griffiths
US-Based Arevon Secures $400M Green Loan for Solar, Storage Space Portfolio
To fund the growth of a 6GW pipeline of solar and storage space projects in the Midwest, Southeast, and also California, Arevon Energy has actually obtained a $400 million green loan fund debt center from the Canadian Imperial Bank of Commerce (CIBC) and KeyBank N.A. The timing of this fundraising with Arevon's one wedding anniversary of procedure strengthens the firm's monetary strength in the renewable energy market.
Sep 6, 2022 // Markets & Finance News, India, Power Factors, Asia, us, green energy, Energy storage systems, Drive platform, Arevon
Shell & Green Tie Capital's Solar Project in the Offing in Spain
Global energy conglomerate, Shell plc and Green Tie Capital have determined to collaborate to create solar projects in Spain with a combined capacity of more than 2 GW. To develop renewable resource projects in the Philippines, Nickel Asia Corp (NAC) subsidiary Emerging Power (EPI) and Shell organization unit Shell Overseas Investments signed a joint venture agreement in July 2022.
Sep 7, 2022 // Markets & Finance News, shell, International, sprng energy, Green Tie Capital, Hollandse Kust