Sungrow has signed an agreement to supply 2.1GW worth of inverters to the Al Shuaibah PV project in Saudi Arabia, which will be the largest solar farm in the world once it reaches operations.
A total of 247 module types from 35 manufacturers have been named “Top Performers” by PV Evolution Labs (PVEL) in its 2023 Module Reliability Scorecard, more than doubling last year’s numbers and the highest ever.
Japanese electronics company TDK Company’s subsidiary TDK Ventures has launched a US$150 million fund to invest in energy and climate technology startups.
US Residential solar company Suntuity Renewables has been acquired by special purpose acquisition company Beard Energy Transition Acquisition Corp (Beard) to become a listed company on the New York Stock Exchange.
The projects will be realised by the end of this decade and will represent around US$1 billion in investment, according to Founder & CEO of Edelen Renewables, Adam Edelen.
Utility Hawaiian Electric has finalised a plan to completely use renewable resources by 2045, including mid-term goals of adding renewables generation and rooftop solar by 2030.
ACWA Power has signed an agreement with Badeel – the water and electric holding company of the Saudi Arabian Public Investment Fund (PIF) – to develop 4.5GW of solar PV projects in Saudi Arabia. The projects will represent an investment of SAR12.2 billion (US$3.3 billion).
Infinity Power and Greek infrastructure investor Copelouzos Group has signed a Memorandum of Understanding (MoU) to develop a project that can carry green energy from Egypt to Europe.
