Over 120 Nations For 11 TW Global RE Target By 2030
Global Consensus On A Common Target For Renewable Energy Reached At COP28; EU Commits €2.3 Billion For Energy Transition
At COP28 this year in Dubai, global leaders have pledged their support to a common renewable energy target for the world, with a minimum 11 TW capacity by 2030.
French Energy Giant Strengthening Solar Business
TotalEnergies Enters RE Deals In Algeria, Romania & Expands Solar Energy Portfolio In France
French energy group TotalEnergies is quickly strengthening its renewables business globally with a renewable energy projects partnership in Algeria with Sonatrach, solar assets acquisition in Romania and commissioning the ‘largest’ PV plant in Île-de-France.
Expanding From Raw Silicon To Modules
World’s Leading Raw Silicon Supplier Hoshine Silicon Formalizes 20 GW Module Production Plans
Leading Chinese raw silicon supplier to the global solar PV industry, Hoshine Silicon Industry has confirmed its plans to enter solar module manufacturing after the company board gave a stamp of approval for it to set up a project with 20 GW annual production capacity in China.
Italian Company Unveils Major Solar Ambition
Module Maker FuturaSun Goes For Vertical Integration; Announces 10 GW TOPCon Cell Manufacturing Plan
FuturaSun, the Italian solar module producer, has announced major solar offensive with plans to expand its footprint into n-type TOPCon cell manufacturing for a total of 10 GW annual capacity in China’s Huai’an in Jiangsu province.
Lightsource BP Expands Footprint To Europe’s Largest Market
Lightsource BP Launches Itself In Europe’s Star Solar Market Germany With Target To Install Up To 400 MW PV Capacity Annually By 2030
One of Europe’s leading solar PV developers, Lightsource bp has forayed into the German solar market with an annual target to install between 300 MW to 400 MW new solar capacity annually by 2030, and says it is building its development pipeline to multi-GW scale.
Naturgy Expands Renewable Energy Footprint To Italy
Naturgy Ventures Into Italian Renewables Market; To Develop 200 MW Agrivoltaic Projects Along With 35 MW Battery Storage
Spanish oil and gas producer Naturgy has forayed into the renewables market of Italy with an initial portfolio of over 200 MW agrivoltaic projects and claims to have identified potential developments with a total capacity of over 800 MW.
TotalEnergies Expands Solar Energy Footprint To Poland
TotalEnergies Steps Into Polish Solar Market, Acquiring 6 Greenfield Under Development PV Facilities With 200 MW Combined Capacity
One of the largest European energy giants, TotalEnergies is venturing into the solar market of Poland with the acquisition of 6 under development solar power plants representing a combined 200 MW capacity.
Norwegian Residential Solar Installer Secures OSE Listing
Otovo Uplists From Euronext Growth Oslo To Get Listed On Oslo Stock Exchange To Expand Solar & Storage Business In Europe
Residential solar and storage installation company Otovo of Norway has got listed on the Oslo Stock Exchange (OSE), after its listing on Euronext Growth Oslo in 2021.
US Solar Tracker Firm Expanding Manufacturing Footprint
Array Technologies To Establish Local Production Fab In Australia After Winning ‘1st’ Supplier Contract Under VRET2 Tender In Victoria
One of the world’s largest solar tracker manufacturers Array Technologies is to set up local production facility in Australia’s Victoria to supply trackers to a 130 MW DC solar farm after winning the ‘1st’ tracker supplier contract for projec.
400 MW Solar Power Plant Planned For Montenegro
Global Renewable Energy Company CWP Global Expands Further Into Europe With Plans To Build Montenegro’s Largest PV Power Plant
Europe and Australia focused renewable energy company CWP Global is expanding its reach in Europe with a 400 MW solar power plant in Montenegro called the Montechevo PV project, the company announced.
Shell Joins 25 GW Green Hydrogen Consortium In Oman
OQ, InterContinental Energy, EnerTech & Golden Wellspring Wealth Get Shell Oman As Consortium Partner For 25 GW Green Hydrogen Project
Shell Oman is now officially a part of the Green Energy Oman (GEO) consortium that targets to set up a green hydrogen project in the Middle Eastern nation, powered by 25 GW wind and solar energy, Shell Oman’s Senior Vice President and Country Chair Walid Hadi announced in a LinkedIn post.
600 MW Solar & Storage Farm Planned Near Wind Farm In UK
RWE Secures Capacity Agreement For 600 MW NSIP Solar & Storage Project In UK On Land Close To Existing Wind Farm
European energy company RWE has secured a capacity agreement from the National Grid of UK for its Tween Bridge Solar Farm with a potential generation capacity of up to 600 MW accompanied by battery storage, located next to the company’s own Tween Bridge Onshore Wind Farm.
ACWA Power Forays Into Indonesia & Floating PV
Indonesia’s PLN Contracts Saudi Arabia’s ACWA Power To Build 110 MW AC Floating Solar Capacity
Saudi Arabian energy company ACWA Power is venturing into Indonesia and into floating solar PV technology under a memorandum of understanding (MoU) with the Indonesian state-owned electricity utility PT Perusahaan Listrik Negara (Persero or PLN) to b.
US Thin-Film Solar Manufacturer Secures Kordsa As Investor
Toledo Solar To Expand US Solar Module Manufacturing Capacity To Europe & Central Asia After Turkey’s Kordsa Joined
Turkish advanced material manufacturer Kordsa has invested in US solar module maker Toledo Solar Inc (TSI) and acquired rights to open Toledo Solar fabs across Europe and Central Asia, starting with Turkey and Central Europe, building GWs of thin film solar capacity.
Meyer Burger To Raise CHF 250 Million For Expansion
European Solar Cell & Module Maker Seeking Funds To Expand Solar Cell & Module Capacity To 3 GW
Switzerland headquartered solar cell and module maker Meyer Burger plans to raise up to CHF 250 million gross proceeds through rights offering to expand its annual manufacturing capacity for solar cells and modules to approximately 3 GW.
Naturgy Forays Into Australian Solar Market
Spain’s Naturgy Acquires 125 MW DC/100 MW AC Solar & Storage Project Via KIA JV
Spanish multinational natural gas and electrical energy utilities company Naturgy Energy Group has made its 1st investment in the Australian solar PV market with the acquisition of the ‘largest’ DC-coupled hybrid solar and storage project in Aust.
Enel Green Power Expands To Vietnam
EGP Touts 5.69 GW Renewable Energy Project Pipeline In Vietnam
The renewable energy arm of Italy’s Enel, Enel Green Power (EGP) says its Vietnamese subsidiary has accumulated 5.692 GW of renewable energy pipeline comprising 915 MW capacity at an advanced stage and targets to commission its maiden utility scale plant here by 2024.
EDPR Acquires Stake In 9.4 GW DC PV Platform
EDPR Forays Into German & Dutch Markets With Investment In Kronos Solar Projects
EDP Renewables (EDPR) has expanded to Germany and the Netherlands with the acquisition of 70% stake in German solar developer Kronos Solar Projects GmbH with a portfolio of 9.4 GW DC/7.5 GW AC capacity and 80 commissioned projects, for €250 million.
Grenergy Enters Germany For 3 GW Solar
Spain’s Grenergy Forays Into Germany; Planning Further Expansion To Other European Markets
Spanish renewable energy company Grenergy has expanded its geographical footprint to Germany where it targets to grow a minimum of 3 GW of solar power plant portfolio under development before 2025.
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