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The European Investment Bank (EIB) has approved EUR 1.4 billion (USD 1.67 bn) in funding for renewable resource, the EUR lender announced on Thursday.

Project EDGE (Energy Demand and Generation Exchange) is a multi-year project to show an off-market, proof-of-concept Distributed Energy Resource (DER) Marketplace that effectively runs DER to give both wholesale and neighborhood network services within the constraints of the distribution network.

Chinese photovoltaics (PV) business GCL System Integration Technology Co Ltd (SHE:002506) today introduced a solar module order in Brazil and also offered an update regarding its manufacturing operations in Hefei, China.

Juwi Renewable Energies (Pty) Ltd, or Juwi South Africa, will certainly take duty for the operational administration of an 85-MW solar park in South Africa.

French multi-energy group TotalEnergies SE (EPA: TTE) claimed on Tuesday that it has actually installed 500 MW of on-site business-to-business (B2B) solar distributed generation systems for consumers all over the world.

US renewables expert Apex Clean Energy claimed on Monday that it has signed an environmental attribute purchase agreement (EAPA) with technology titan Meta Platforms Inc (NASDAQ: META) for the full capacity of the 195-MW Angelo solar project in Texas.

Portuguese renewables company EDP Renovaveis SA (ELI: EDPR) stated on Tuesday its subsidiary Kronos Solar has commenced building and construction deals with 2 solar photovoltaic (PV) projects in the Netherlands with a combined capacity of 20.6 MWac.

EPC firm Sterling & Wilson has completed its initial solar PV job in Oman, a 125MW DC plant making use of bifacial panels, with the India-headquartered company entering its 10th gigawatt of tasks worldwide.

Chief Minister Mamata Banerjee has actually launched a 200 MW solar power park in West Bengal with a complete investment of Rs 1200 crore.

Engie has actually introduced that it has actually completely appointed its 250 MW solar project in Andhra Pradesh, with the staying 50 MW ability lately appointed

With a purpose to touch the expanding need of South-East Asian market, among the leading worldwide suppliers for photovoltaics (PV) Krannich Solar has actually teamed up with German supplier SMA Solar Technology to consist of SMA inverters in its profile.

The announcement is part of its first climate transition plan, which lays out exactly how the company plans to transition right into a net no business by 2045

The business aims to increase its exports of solar panels to the Middle East, North Africa and Europe. It likewise prepares to commission a 2nd assembly line by the center of today year to elevate the company's panel result to 450 MW by the end of 2022.

Common Farm project site additionally includes details of a 50MW co-located battery storage space project

The Emirati utility and the Chinese communications giant and inverter maker have discussed how they can work together to roll out solar and storage in Dubai as well as collaborating on cyber security and the use of AI to analyze cyber threats.