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ACWA Seals $2.4 Billion Wind Energy PPA With Uzbekistan

Saudi Arabia-headquartered ACWA Power Company has inked a power purchase agreement (PPA) with the National Electric Grid of Uzbekistan (NEGU) for a value of $2.40 billion. As per the information shared by the ACWA Power in mandatory filing before the Saudi Arabia stock exchange, the deal was inked on 23 December, 2022. According to the […]

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REC Trading Market Suffers a Hit, Again, As High Court Suspends Trading For 6 Weeks

The market for trading in Renewable Energy Certificates (RECs) has suffered a fresh blow with the Delhi High Court suspending trading in certificates issued before October 31, 2022 for six weeks. The high court passed its interim orders in response to a petition from the Indian Wind Power Association Northern Region Council’s that challenged the […]

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Solar Projects Of 486-MW Allotted In Poland Auctions

The latest round of auctions of renewable energy by the Energy Regulatory Office in Poland has drawn a poor response. It allocated a mere 8.5 TWh of renewable energy capacity out of 34 TWh that was up for offer. The bright spot in the entire episode has been for the solar industry of Poland. The […]

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SolarManufacturer CubicPV to Build 10 GW Silicon Solar Wafer Facility in USA

American solar manufacturer CubicPV has announced that it has planned to establish 10 GW of conventional mono wafer capacity in the United States. The objective of the firm is to fill a marked void in the silicon solar value chain and capitalise on its expertise in silicon wafer production. The planned factory will be the […]

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Solar Projects Developer LONGi Introduces Hi-MO 6 Modules to Malaysian Market

The Hi-MO 6 series, a new product line from leading global solar conglomerate LONGi, was recently unveiled at a customer appreciation event held at The St. Regis Kula Lumpur in Malaysia. This is the firm’s first line of modules created specifically for the scattered consumer market around the world. The Hi-MO 6 module series from […]

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Enfinity Global Raises €142 Million For 112 MW Solar Projects In Italy

Leading US-based renewable energy and sustainability services provider Enfinity Global Inc has closed EUR 142 million in long-term and VAT financing, and LCs facilities for the construction of three utility-scale solar power plants in Italy. The combined total capacity of the three solar power plants will be 112 MW. The 112 MW portfolio is located […]

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German Developer ib vogt Sells 206 MW Solar project In Finland

International solar developer ib vogt has sold a 206 MWp solar PV project to Finnish energy company Helen. The solar farm is located in Kalanti, Uusikaupunki, in South-West Finland and is ready to be built. As part of the offered turn-key solution, ib vogt will provide full EPC, O&M and Asset Management services and start construction […]

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Trina Tracker in 875 MW Deal For Qatar’s Largest Solar Plant

TrinaTracker, the wholly owned Single Axis Tracker manufacturer subsidiary of Trina Solar has signed an 875MW solar tracker supply contract with Samsung C&T (SSCT), for Qatar’s largest solar plant — the industrial cities solar power project (IC Solar). The contract is for the supply of two solar photovoltaic plants,417MW in Mesaieed Industrial City, and 458MW […]

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China’s Biggest Energy Storage Facility Goes Live

A stand-alone energy storage station that has a capacity of 200 MW/400 MWh has been connected to the grid in China’s Ningxia. Chinese conglomerate behind the project Hithium Energy Storage made the announcement. Xiamen Hithium Energy Storage Technology Co., Ltd., is a high-tech enterprise formally established in 2019, specializing in the R&D, production and sales […]

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