News

The US Department of Energy’s (DOE) Office of Electricity (OE) will funnel US$5.25 billion into 31 “grid-improvement” projects across the US, which it claims will allow for 23GW of additional electricity capacity.

German renewables developer Energiequelle has sold its French subsidiary to French independent power producer H2air.

The replacement of decommissioned solar projects will account for 23% of new capacity additions by the 2040s, according to Wood Mackenzie.

MITECO has launched consultations to allocate up to 11GW of grid capacity to renewable energy and storage projects.

LONGi has unveiled a hybrid interdigitated back contact (HIBC) solar cell with a conversion efficiency of 28.29%, a record for the company.

Waaree Energies will merge group company Indosolar with itself in a transaction valued at about INR 9.5 billion (US$ 99 million).

Norfund, the Norwegian government’s development finance vehicle, has invested US$100 million into Ampin Energy Transition.

ARENA has committed AU$25 million to Equans Solar & Storage for a three-year programme testing construction and operations technologies.

Nadara has started commercial operations at the Big Fish agrivoltaics (agriPV) project in Italy, the largest agriPV project in the country.

Abu Dhabi’s utility, Emirates Water and Electricity (EWEC), is targeting more than 35GW of solar capacity by 2035.