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Green Genius, Eiffel Form JV For 500 MW Solar Projects In Italy

Renewable energy conglomerate Green Genius and newly established fund Eiffel Transition Infrastructure, managed by Eiffel Investment Group, has announced to have set up a joint venture (JV) to develop and build together 500 MW solar park portfolio in Italy. Through this joint-venture, Eiffel will invest initially up to EUR 15 million to support the development […]

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Spain’s First Hybrid Wind-Solar Plant To Be Brought To Reality By Iberdrola

Iberdrola is building the first hybrid wind and solar plant in Spain that will come up in Castilla y León region in the province of Burgos. Iberdrola held that it’s constructing two solar PV plants of 41 and 33 MW each. Both solar projects will employ more than 170,000 solar modules and will be located […]

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SOFAR Presents New Inverter at Green Energy Expo 2023

South Korean firm SOFAR, which delves into the supply of PV and Energy Storage System (ESS) solutions, demonstrated its portfolio at Green Energy Expo, further solidifying its presence in the Korean solar market. SOFAR showcased its newly tailored inverter, 100-125KTL-G4 for C&I and small-scale utility applications. Currently, high-power modules are the dominant technology in PV […]

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Beyond Batteries: Hydrogen Combustion Engine, A Viable Alternative for Clean Mobility

Electric vehicles running on battery-powered electricity are not just a future concept anymore. The new electric vehicle sales surpassed the 10 million mark worldwide in 2022 and it seems likely that sooner or later EVs will replace the conventional ICE mobility options. However, bottlenecks impeding EV growth and the technological advancements in using hydrogen as […]

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Havfram Wind Bags Deal To Move Wind Turbines For 1.6 GW Nordseecluster

Global wind majors RWE and Northland Power are developing their joint offshore wind project Nordseecluster and have contracted Havfram Wind as supplier for their wind power cluster having a capacity of up to 1.6 GW. The Nordseecluster consists of four offshore wind farm sites in the German North Sea. Havfram Wind is to transport and […]

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Duke Energy Adds 150 MW Solar Power In Florida

Duke Energy – St. Petersburg, US based RE player – has announced the completion of two key solar projects in Alachua and Suwannee counties in Florida. Together, the two sites will deliver 150 MW of clean, renewable energy to the grid to benefit Florida customers. These are latest sites in the company’s community solar program […]

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SunPower Secures $450 Million To Meet High Solar Loan Demand In US

North American solar power giant SunPower has secured financing commitments of more than $450 million for its residential solar and storage loan program in the US from HASI and from Crédit Agricole CIB. The vehicle will acquire loans made to SunPower customers and is non-recourse to SunPower. Through this transaction, SunPower Financial will continue to […]

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Global Lithium-Ion Battery Market To Touch USD 182.4 Billion by 2030: Report

A report by Grand View Research, a US-based market research firm claimed that the global Lithium-ion battery market might reach USD 182.53 billion by 2030, registering a growth of 18.9 percent. With this, the sector would have an 18.9 percent compound annual growth rate (CAGR).  The researchers claimed that the main thrust to the market would be […]

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Australian Govt Picks Eku Energy for Canberra’s 500 MWh Big Battery Project

Eku Energy, which is the new global battery storage arm of Macquarie Group, has been picked by Australian Capital Territory government for Canberra’s Big Battery project. The Big Canberra Battery project is a large-scale storage facility in Williamsdale. Eku Energy will be responsible for building and operation of the project. The BESS project, pegged at […]

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