European Energy’s 9M/2022 EBITDA Grew By €78.1 Million
Higher Power Prices Boost European Energy’s Business As Its Development Pipeline Swells To 25 GW, Confident Of Exiting 2022 As a ‘Solid Year’
Danish renewable energy developer European Energy A/S has had a good run with its financials during 9M/2022 with its EBITDA growing by €78.1 million YoY to €96.2 million, with Q3/2022 contributing €19.2 million, and a development pipeline of 25 GW.
Bboxx Raises €11 Million To Expand Operations In Togo
Off Grid Energy Access Fund Backs Bboxx Efforts To Distribute Solar Home Systems In Togo With €11 Million Loan
Private money is finding its way to help Africans get access to clean energy and its latest recipient is plug-and-play solar systems company Bboxx that has raised €11 million loan from the Off Grid Energy Access Fund (OGEF), managed by Lion’s Hea.
Japanese Trading House To Now Dabble In Solar Recycling
France’s Rosi SAS Gets Strategic Investment From Itochu, European Innovation Council & EIT InnoEnergy For Industrial PV Panel Recycling
French solar panel recycling company Rosi SAS has raised €7.4 million equity investment from Japanese trading house Itochu Corporation, the European Innovation Council (EIC) and its existing shareholder EIT InnoEnergy to finance its 1st industrial site to recycle solar panels in France.
Rio Tinto To Invest $600 Million In Pilbara For Renewables
200 MW Solar Power Along With 200 MWh On-Grid Battery Storage For Australia’s ‘Largest Privately-Owned Grid’
Anglo-American mining giant Rio Tinto says it will invest an additional $600 million to fund the construction of 2×100 MW solar power facilities in Australia’s Pilbara where it mines iron ore, with 200 MWh of on-grid battery storage, by 2026, as it makes efforts to decarbonize operations.
US Corporate Solar Contracted Capacity Now Nearly 19 GW Strong
Led By Meta, Corporate Solar Offtakers In US Now Contribute 14% Of All Installed Solar Capacity In Country, Says SEIA
Till June 2022, solar power capacity contracted by American corporates added up to nearly 19 GW capacity in the US, accounting for 14% of all installed solar capacity in the country, with Meta leading the pack, according to Solar Means Business 2022 .
BTI: India Installed 3.3 GW New Solar Capacity In Q3/2022
Q3/2022 Indian Solar Installations Drop 13% QoQ As Developers Push Projects To 2023 Hoping For Module Prices To Come Down
A lack of clarity about concessional Basic Customs Duty (BCD) for projects auctioned before 2021 and developers shelving their projects to 2023 anticipating drop in module prices led to a 13% sequential decline in Indian solar installations in Q3/2022, according to Bridge to India (BTI).
China’s Talesun Solar Mulling Turkish Solar Manufacturing
Talesun Solar & MEM Group Announce Plans To Establish 1 GW Solar Module Production Line In Turkey In 2023; TOPCon To Follow In 2024
Chinese solar module manufacturer Talesun Solar has entered a framework agreement with MEM Group to jointly build a solar module production line with an annual capacity of 1 GW in Turkey by Q2/2023 and add a TOPCOn line in 2024.
1 GW Solar Partnership Announced For Greek PV Market
Korkia To Fund GH Energy & AA Sunshine To Develop 1 GW Solar & Storage Projects In Mainland Greece & Crete Island
Finland based renewable energy investor Korkia says its funded partnerships—GH Energy and AA Sunshine—will develop 1 GW solar PV capacity on mainland Greece and the island of Crete, supporting it with energy storage and connecting these via subsea cables.
Fraunhofer ICT To Get PV Systems Without Inverters
BayWa’s ‘Innovative’ Grid Connected Solar PV, Wind & Battery Storage Hybrid System For Fraunhofer ICT Comes With One Common Inverter
German renewable energy company BayWa is to install a ‘technically very sophisticated’ integrated energy project with a total output of 670 kW solar PV, connected with a wind turbine and battery energy storage, connected to the grid with a single inverter.
Masdar Enters Turkmenistan With 100 MW Solar Plant
Masdar Partners With Turkmenistan Ministry of Energy To Develop 100 MW Solar Plant
Renewable energy company Masdar released a statement that is has signed a joint development agreement (JDA) with Turkmenenergo State Power Corporation of the Ministry of Energy of Turkmenistan (Turkmenenergo).
AMEA Power Expands Togo Solar Plant Capacity
Togo Plant Now Largest In West Africa As AMEA Expands Capacity To 70 MW
Dubai-based developer, owner and operator of renewable energy projects, AMEA Power, announced that it is expanding the capacity of Sheikh Mohamed Bin Zayed Solar Power Plant in Togo from 50 MW to 70 MW.
Zhongrun New Energy 16 GW Solar Cell Facility Makes Progress
Production Equipment For Zhongrun New Energy’s 16 GW Solar Cell Facility Brought In
A subsidiary of Zhongrun Solar, Zhongrun New Energy (Chuzhou) Co., Ltd., engaged in producing and selling of high-efficiency solar cells, announced that the production equipment for the first phase of its 16 GW large-scale high-efficiency solar cell facility has been installed at the site.
Microsoft Signs Up For Over 900 MW Renewables In Ireland
Statkraft, Energia & Power Capital Renewable Energy Enter Corporate PPAs For Close To 1 GW In Ireland With Microsoft
Global software technology company Microsoft has announced entering corporate onshore wind and solar power sourcing contracts for over 900 MW in Ireland with Norway’s Statkraft, Irish energy supplier Energia and local independent solar power producer Power Capital Renewable Energy.
US-Jordan Joint Venture For 1.2 GW US Manufacturing
Philadelphia Solar & Translucent Energy To Build 1.2 GW Mono PERC Module US Fab & Transition To HJT Modules By 2025
Jordan based solar panel manufacturer Philadelphia Solar and US located module maker Translucent Energy have announced a strategic partnership to bring online a 1.2 GW manufacturing line for US made mono-PERC panels by Q4/2024, and transition to heterojunction (HJT) technology by 2025.
Germany Needs 50 Million Modules/Year To Meet PV Targets
PwC White Paper Sees Reviving German Solar Module Market As Highly Beneficial For Energy & Economic Security
Solar PV will become a major source of electricity production in Germany by 2040 when it accounts for the country’s 40% power generation capacity, which requires it to install up to 50 million PV modules annually with an average rating of 440W, acc.
TotalEnergies Lands Distributed PV Partnership In Abu Dhabi
TotalEnergies To Explore Distributed PV Opportunities For UAE’s Industrial Ecosystem Of KEZAD Group
French energy company TotalEnergies has landed an agreement with the largest operator of fully integrated economic zones in the UAE, Khalifa Economic Zones Abu Dhabi (KEZAD) to solarize its industrial ecosystem assets comprising over 1,750 investors .
36 MW Solar & Storage Farm For Egyptian Gold Mine
Juwi Commissions World’s ‘Largest’ Solar Hybrid Project In Egypt For Centamin’s Gold Mine
German solar power company Juwi says it is in the final stages of commissioning what it terms is the world’s ‘largest’ solar hybrid project comprising a 36 MW solar farm and a 7.6 MW battery energy storage system integrated into the existing di.
