Northvolt secures a record $5 billion green loan, the largest in Europe, facilitating the expansion of its gigafactory in Sweden, including a battery recycling plant with a 70% lower carbon footprint.
In 2023, Germany achieved a record-breaking 59.7% share of renewables in net electricity generation, with renewables constituting 57.1% in the load.
Plenitude, Eni’s subsidiary, acquires an 80% stake in EDPR’s 340 MW solar portfolio in the US, spanning Cattlemen, Timber Road, and Blue Harvest parks.
First Solar inaugurates its new facility in Tamil Nadu, India, boasting a 3.3 GW annual capacity for Series 7 photovoltaic solar modules.
ReNew, a leading decarbonization company in India, is set to sell its 300 MW solar project in Rajasthan, ReNew Solar Urja Private Limited, to India Grid Trust for $199 million. The transaction, aligned with ReNew’s strategy for shareholder value enhancement, is expected to yield a $82 million cash inflow, reflecting strong investor interest in ReNew’s…
Datong City kicks off the Shanxi Jinbei coal mining subsidence area’s new energy base project, a key initiative for the “dual carbon” target. This project, part of China’s 12 large-scale renewable energy bases, plans a 55 billion yuan investment for 6 GW of wind power and PV projects with 3.4 million kWh energy storage. Expected…
Oman Power and Water Procurement (PWP) initiates tender requests, inviting developers for Ibri III Solar IPP, a 500 MW solar PV project at Ibri. The tender, priced at RO 350, has a submission deadline on 19 February 2024, aiming to diversify Oman’s fuel sources in alignment with the vision for clean energy and net-zero by…
The Luxshare Precision Rooftop Solar Power Project, a 20.048 MW initiative developed by China Power International Holding Ltd. and CNTIC, is now operational, representing northern Vietnam’s largest distributed solar project. Huasun Energy’s high-efficiency Himalaya G12-132 modules enhance its capabilities, emphasizing Luxshare-ICT’s commitment to sustainable development. With advanced features and technology, the project aims to generate…
DAS Solar has made its inaugural shipment of N-type rectangular modules to Europe, marking a strategic move in advancing the region’s energy transition. The modules, known for their exceptional performance, boast a “0” LID, 22.9% conversion efficiency, offer a 20W power output increase within the same design, reducing system BOS cost and LCOE.
Sungrow supplied its inverter solutions to an 800kW solar project with Metro Ligero Oeste, a Spanish public transport operator, serving over 200,000 inhabitants, covering 22.4 km of tracks with 28 stations. The solar project, located in Pozuelo de Alarcón, Madrid, involved the installation of six units of Sungrow’s SG110CX and two units of the SG50CX….
