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Australia's New Energy Solar to wind up after USD-245m sale of US portfolio
New Energy Solar Ltd (ASX: NEW) has actually consented to unload its US solar portfolio to an associate of monetary services group Goldman Sachs (NYSE: GS) in a USD-244.5-million (EUR 244m) deal that will certainly lead to the winding up of the Aussie firm.
Aug 22, 2022 // Markets & Finance News, USA, North America, Goldman Sachs, New Energy Solar Ltd
Poland's PFR fund to co-finance nation's very first 200-MW solar-wind project
Polish Development Fund (PFR) said one of its units will give a PLN-90-million (USD 20.8 m/EUR 19.1 m) subordinated financing to Lewandpol Group, developing the first 200-MW solar as well as wind project in Poland.
Jan 30, 2023 // Plants, Markets & Finance News, Storage, Poland, Europe, solar-wind project, PFR
Solar Export Capacity of 50MW May Power Renewable Energy UK's Fair Oaks Park
Ridge Clean Energy's Fair Oaks Renewable Energy Park in England aims to tackle climate change and rising costs with 49.9 MW of solar export and battery storage capacity.
Feb 14, 2023 // Plants, UK, Europe, Ridge Clean Energy, Jonny Murphy, Fair Oaks
Ex. Verano Capital, Verano Energy Secures Permits for 100 MW Solar Project in Peru
Verano Energy, formerly Verano Capital, has obtained several key permits for the construction of a 100-MW solar power project in Peru. Yinson Renewables is an investment partner for this project, which is expected to start operating in mid-2025.
Feb 17, 2023 // Plants, South america, Peru, Solar Project, Verano Energy
Chinese Risen Energy Sets New HJT Solar Module Output Efficiency World Record
Chinese solar module maker Risen Energy has claimed a new world record for their HJT series solar module, Hyper-ion, with a maximum power of 741.456W and a module efficiency of 23.89%. This is an important breakthrough in the sustainable energy industry.
Feb 20, 2023 // Manufacturing News, solar cells, Risen Energy, TÜV SÜD, solar module, Solar Industry, module efficiency, module bifaciality, Chinese solar module, Even Liu, HJT series solar module, Hyper-ion
Altus Power Bolsters Existing Portfolio to 690MW Acquiring True Green Capital Solar Assets
Altus Power Inc (NYSE:AMPS) has completed the purchase of a 220-MW solar portfolio from funds managed by True Green Capital Management LLC (TGC) for about USD 293 million. This acquisition bolsters Altus Power’s existing portfolio of solar and storage assets to 690 MW across 24 states.
Feb 20, 2023 // Markets & Finance News, Altus Power
188-MW Solar Project by Lightsource BP and AEP Energy Kicks Off in Indiana
Lightsource bp and AEP Energy Partners have signed a PPA for a 188-MWDC solar project located in New Carlisle, Indiana. This project will bring economic and environmental benefits to the region while fostering community partnerships.
Feb 24, 2023 // Plants, USA, Lightsource BP, North America, Indiana, PV Power Plant, AEP Energy
Duke Energy Inks 199-MW Solar PPA in Indiana
Duke Energy Corp has signed a 20-year contract for a 199 MW solar project to generate enough green energy to power 35,000 homes. As part of the Indiana Integrated Resource Plan, Duke Energy is moving towards a cleaner energy future with 2,218 MW of solar, 450 MW of solar-plus-storage, and 6,200 MW of wind power.
Jun 23, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, Indiana, PV Power Plant, solar ppa, Duke Energy Corp
Unveiling 21.5% Efficiency of All-Inorganic Perovskite Cells
Researchers at Chonnam University in South Korea have developed a new type of solar cell with 21.59% power conversion efficiency. Anti-solvent free hot-air method was used to fabricate the prototype, leading to 18.43% efficiency when scaled up. This could pave the way for widespread use of perovskite solar cell modules.
Aug 17, 2023 // Technology, South Korea, Asia, perovskite cell, Efficienc, Chonnam University
New Life for $500M EV Plant in Quebec
Revive and upgrade an old plant in Quebec with C$750 million, partly funded by the Canadian and Quebec governments. Production has capacity for 2.5 million electric vehicle batteries and is expected to begin in 2026. Solus Advanced Materials Co. unit Volta Energy Solutions leading the project.
Sep 6, 2023 // Markets & Finance News, Canada, North America, Quebec, EV Plant
Australia Establishes Renewable Energy Hub: 2.4GWh BESS
Experience the world's largest energy storage hub in Melbourne! The city's 1,200 MW/2.4GWh two-hour duration battery system has 365 job opportunities and can power over a million homes. Be part of the government's mission of zero emissions by 2050 with Melbourne Renewable Energy Hub.
Oct 13, 2023 // Storage, Australia, Oceania
Key Capture Unloads 120 MW of US BESS ITCs
Key Capture Energy LLC has sold investment tax credits for 120 megawatts of battery energy storage systems in New York and Texas, monetising the projects for immediate use. SK E&S's Key Capture is currently constructing 623 megawatts of energy storage with another 9 gigawatts in development.
Jan 8, 2024 // Storage, USA, North America, Key Capture Energy LLC
Ace Power Secures Grid-Connection Approvals for 303 MW of BESS in Australia
ACE Power secures grid-connection approvals for two battery energy storage systems, marking a significant milestone for the company in Australia's renewable energy sector.
Jan 26, 2024 // Storage, Australia, Oceania, BESS, ACE Power
Gauteng Province's 800-MW Solar Project to Tackle Energy Crisis
South Africa's Gauteng province tackles energy crisis with 800 MW solar farm cluster and 14 micro-grid plants, ensuring power stability for communities and healthcare facilities.
Feb 27, 2024 // Plants, Africa, South Africa, PV Power Plant
Palisade packages 1 GW of assets right into new renewables platform
Australian infrastructure asset manager Palisade Investment Partners on Tuesday stated it is introducing a renewable energy platform, called Intera Renewables, which will certainly bundle five of its functional renewable energy assets with an incorporated capacity of concerning 1 GW.
Mar 29, 2023 // Plants, Australia, Oceania, Palisade