Saturday, May 18, 2024
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Green Genius partners with Mundus Bridge Finance

  • Green Genius secures €9.5M financing from Mundus Bridge Finance.
  • Investment is to develop 500 MW of renewable projects in Romania.
  • Green Genius entered Romanian market in 2020, focusing on solar.
  • Green Genius also considers acquiring early-stage projects.

RECOM unveils Lion 720Wp bifacial module

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  • RECOM Technologies expands LION HJT series with 720Wp double-glass Module.
  • The bifacial module offers 23.2% efficiency.
  • Enhanced bifaciality maximizes energy harvest in low-light conditions.
  • Designed to last over 30 years, it’s resilient to common solar challenges.
  • RECOM guarantees fast and reliable module deliveries to European warehouses.

JUWI Hellas acquires Hive Energy’s 267 MW Greek project

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  • Hive Energy sells 267 MW Consortium portfolio in Greece to JUWI Hellas.
  • The maiden sale includes four sites in Central Greece.
  • Project construction will be handled by JUWI, starting Q1 2024.
  • Combinedly, the portfolio is expected to power 100,000 homes annually.
Hive Energy has an overall PV capacity of more than 2.7 GW across seven countries. Illustration by SolarBytes.

Sany Silicon partners with Pinglu district

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  • Sany Silicon signs 2 strategic agreements with Pinglu District, Shuozhou City.
  • First agreement is to build an ultra-thin monocrystalline silicon wafer fab.
  • Anticipates RMB 340 million investment in the monocrystalline facility.
  • Expects annual revenue of RMB 2.1 billion from the facility.
  • Next agreement is for distributed PV power generation for Pinglu District.

CNBM invests billions in solar tech advancements

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  • CNBM breaks ground for the Anhui Tongcheng Solar New Energy Industry Base.
  • Project includes PV cell packaging, HJT PV cell, and PV module production.
  • Investment includes RMB 5B for 4 ultra-clear substrate glass line fabs.
  • A 3 GW HJT PV cell production base will be provided RMB 1.5B.
  • RMB 3.8B allocated for a 25 GW high-efficiency silicon PV module base.

Clearway Energy unveils hybrid PV complex in California

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  • Clearway Energy activates 482 MW solar and 280 MW energy storage project.
  • Daggett Solar+Storage in California, US, will be completed in 3 stages.
  • Storage capacity to reach 394 MW after final stage addition of 113.5 MW.
  • Investment-grade utility offtaker to contract 113.5 MW storage starting 2025.
  • Project partnerships involve 6 load serving entities.

JinkoSolar’s high-efficiency solar cell sets new standard

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  • JinkoSolar achieves 26.89% efficiency for 182 mm N-type monocrystalline solar cell.
  • National PV industry Measurement and Testing Center confirmed this acheivement.
  • Applied advanced technology on metallization, light trapping passivating contact.
  • JinkoSolar integrates HOT tech and multiple material upgrades for record efficiency.

Mukand partners with Tata Power for Group Captive Solar

  • TPREL partners with Mukand Ltd. for 43.75 MW PV project in Jamkhed, Maharashtra.
  • Project to generate 99.82 MUs annually and offset ~54687 CO2 emissions per year.
  • TPREL handles construction, operation, and maintenance of the solar plant.
  • Project to be commissioned by March 2024.

TPREL = Tata Power Renewable Energy Ltd

ENGIE to expand its Brazil PV portfolio

  • ENGIE acquires 100% of two Brazilian-based subsidiaries of Atlas Renewables.
  • Asset involve Energia Renovável do Brasil S.A. and Brasil Energia Holding 2 S.A.
  • The acquisition includes 545 MW PV plants in Bahia, Ceará, and Minas Gerais.
  • Transaction value is €618 million, subject to contractual conditions.
  • Completion depends on meeting precedent conditions, including CADE approval.

CADE = Administrative Council for Economic Defense

Massive PV cell plant by Canadian Solar in Indiana

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  • Canadian Solar to establish 5 GW Solar PV cell production facility in Indiana.
  • The production is equivalent to approximately 20,000 high-power modules per day.
  • Projected investment for the Jeffersonville plant may exceed $800 million.
  • The plant’s production will start by the end of 2025.
  • Its employment base to include over 1.2k jobs including 150 engineers.