Energy Storage

Harmony Energy partners with FRV for utility-scale storage project

  Fotowatio Renewable Ventures (FRV) and Harmony Energy have joined forces to commission their first utility-scale battery system in the UK. The project will include six Tesla Megapack lithium-ion batteries, with a total capacity of 15MWh. It will take advantage of Tesla’s ‘Autobidder’ AI software. FRV, a global renewable energy solutions provider, will work with […]

Research

ANU Unveils Solar-to-Hydrogen Cells Made of Silicon and Perovskite with Conversion Efficiency of 17.6%

Recent advances in the development of fuel-cell vehicles have also led to rising interest in the industrial production of hydrogen fuel. Some of the mainstream production processes for hydrogen fuel are currently based on electrolysis of water or chemical solutions. Conversion efficiency has been the main focus for hydrogen suppliers, but the cost and accessibility […]

Asia - Pacific

PetroVietnam to invest in renewables amid shrinking crude oil production

Vietnam, one of Asia’s fastest-growing economies, will have to battle severe power shortages from 2021 as demand outstrips construction of new power plants HANOI: Vietnam’s state oil firm PetroVietnam is seeking to venture into renewable energy sources like wind farms and floating solar panels, as domestic crude oil production has peaked at most of its […]

Europe & UK

Iberdrola signs agreement with EIB and ICO to drive green recovery in Spain

The EU bank is assisting this operation via a green energy loan, the features of which are fully in line with the requirements set out in its Climate Awareness Bonds programme. Iberdrola today signed an agreement with the European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) to drive the green recovery by developing new […]

Americas

Capital Dynamics Enters into New Strategic Relationship with Tenaska

Transaction Comprises 24 Solar Projects Totaling 4,800 Megawatts in Midcontinent Independent System Operator and Southeast Reliability Council Markets NEW YORK: Capital Dynamics, an independent global private asset management firm, today announced that its Clean Energy Infrastructure business has signed an agreement with Tenaska to enter into a new strategic relationship, increasing its greenfield solar footprint […]

MEA

ALEC Energy in agreement with Azelio for development and installation of energy storage in the Middle East and Africa

ALEC Energy and Swedish company Azelio has signed a Memorandum of Understanding (MoU) that covers a collaboration over 49 MW installed capacity of Azelio’s thermal energy storage until 2025. The projects are focused to the Middle East and African markets, where Alec Energy aims to expand its business offering as a renewable energy project developer […]

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PV Manufacturing

SINGULUS TECHNOLOGIES signs contract for the delivery of production systems for CIGS solar modules

Kahl am Main: SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) today signed contracts for a large order with the customer (CNBM) Bengbu Design and Research Institute of Glass Industry Co., Ltd., Bengbu, China, a subsidiary of China National Building Materials, China, for the Xuzhou site for the delivery of systems for the production of CIGS solar modules. […]

Business & Finance

Sweden: Vasakronan signs a SEK 2 billion green energy loan agreement with the EIB

The EIB green energy loan facility is unsecured and provides Vasakronan with flexible financing with a maturity of up to 10 years. Vasakronan has the option of drawing the loan over a three-year period in several tranches. The loan facility supports the new construction and renovation of five properties, all of which have a low […]

Solar Inverters

Best Power Equipments Installs more than 25 UPS of 3 KVA at reputed Hospitals in Delhi

India, New Delhi: While the deadly Coronavirus spreads around the world, there is a huge demand of Power Backup (UPS) amongst the healthcare industry. With hospitals making test benches for coronavirus testing, it is critical to support the Healthcare sector. Best Power Equipments (BPE), India’s leading power products manufacturing brand has joined hands with reputed […]

Renewable Energy

Iberdrola raises bid for Infigen as takeover race heats up

Iberdrola raised its offer price to A$0.89 per share, marginally above Infigen’s Friday close of A$0.885, valuing the wind and solar firm at A$856.3 million ($587.6 million) Spain’s: Iberdrola raised its bid for Infigen Energy by three cents a share on Monday, upping the ante in its race against Philippine conglomerate Ayala Corp to buy […]

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