Arctech bags order for two PV projects, 1.3 GW AR RASS2 and 408 MW Al Kahfah in Saudi Arabia, from EPC giant L&T. Both the projects utilize it’s SkyLine II solar tracking system from Arctech. The SkyLine II solar tracking system features multi-point drive design enabling operation at wind speeds up to 22 m/s, AI…
GCL SI and Ocean Sun recently commissioned a 270 kW a demonstration floating solar project called BOOST at La Palma’s Tazacorte port. Since 2018, both companies collaborated closely to develop tailored PV modules, especially for Ocean Sun’s membrane based floating solar solution, subjected to rigorous testing with TÜV Rheinland. GCL supported the project by supply tailor…
GoodWe is building a new headquarters in Suzhou, China. The facility, set to commence operations in 2024, integrates cutting-edge features like PV materials, storage products and solutions. This expansion, prompted by global growth since 2010, addresses space constraints and positions GoodWe for future developments. In 2023, GoodWe completed the third phase of its Guangde city…
BLUETTI introduces BLUETTI Solar +, a groundbreaking solar and battery solution tailored for Texas homeowners. Launching on December 22, it aims to simplify solar adoption, addressing the challenges of system selection and paperwork. BLUETTI Solar + offers customized configurations, advanced software insights, flexible financing, and a seamless end-to-end process, ensuring a stress-free journey toward sustainable…
ib vogt secures 48 projects in Indonesia’s Diesel Replacement Program, deploying solar and battery systems across Java, Sumatra, Kalimantan, and Madura. The initiative, part of PLN’s 2023 tender, targets 60MWp solar and 175MWh storage capacity. A strategic collaboration with Nusantara Power ensures project financing, EPC-Management, and Asset Management.
Waaree Energies unveils plans for a $1 billion U.S. manufacturing hub in Brookshire, Houston. The facility aims to produce 3 GW of solar modules by 2024, scaling to 5 GW by 2027. Waaree plans to invest up to $ 1 billion over the next four years to scale its annual module manufacturing production.
Globeleq completes acquisition of 52.5% and 22.5% stakes in 41 MW Central Solar de Mocuba plant in Mozambique from Scatec ASA and KLP Norfund. Electricidade de Moçambique retains the remaining 25% stake. The move expands Globeleq’s renewable energy presence in Mozambique, adding to its growing solar PV portfolio in Africa, totaling close to 400 MW…
First Solar, Inc. engages in two Tax Credit Transfer Agreements, selling around $700 million of 2023 Inflation Reduction Act tax credits to Fiserv, Inc. at $0.96 per $1. Citigroup Global Markets, Inc. acts as the first-of-its-kind credit transfer placement agent. The agreements follow the US Department of Treasury’s proposed rulemaking on Section 45X credits, impacting…
Iberdrola secures approval for Spain’s first hybrid PV and hydroelectric plant, HIDRO Cedillo. The 86.4 MW project in Extremadura features over 160,000 photovoltaic modules. Hybridization enhances grid use, reducing environmental impact and ensuring stable renewable production amid changing conditions.
Emeren Group Ltd acquires 86 MW solar project portfolio in Spain from Negratin Global Services. The Ready-to-Build projects, totaling 13, range from 6MW to 14 MW and are set to produce 166,471,371 kWh/year. Construction begins late 2024, connecting to the grid by early 2025 in central Spain. The projects will power 51,380 households, saving 19,544…
