The EU has saved €12 billion gas costs thanks to the accelerated solar and wind growth since the Russia's invasion of Ukraine in 2022, according to an analysis from climate and energy think tank Ember.
The China Petroleum and Chemical Corporation, also known as Sinopec, has inaugurated a green hydrogen facility in the Erdos region of Inner Mongolia which will employ 270MW of solar PV generation.
Finnish renewables developer Taaleri Energia – the renewables arm of Taaleri Group – and Nordics-focused developer Landinfra Energy have entered a partnership to develop 1.9GW of hybrid solar, energy storage and wind projects in Sweden.
Renewable energy developer MPC Energy Solutions has signed a long-term power purchase agreement (PPA) with a subsidiary of Guatemalan sugar cane processor and exporter Ingenio Magdalena S.A (IMSA) for power produced at a 65MW solar PV plant in the country.
Energy major TotalEnergies has signed two power purchase agreements (PPA) with fellow French industrial gases company Air Liquide for 260MW of solar PV and wind power. The power offtaken will supply the Secunda oxygen production site in South Africa.
PV manufacturer Risen Energy has recorded a 23.89% efficiency rating on its Hyper-ion heterojunction technology (HJT) solar module, which it claims is a new world record for HJT module efficiency.
India needs to issue more renewable energy tenders if it is to meet the government’s target of 450GW of installed capacity by 2030, as the changing preferences of distribution companies have seen less uptake and states have been inconsistent in fulfilling purchase obligations.
US-based independent power producer Altus Power has reached financial close on 220MW of solar PV assets representing an investment of approximately US$293 million.
Solar developer Lightsource bp has signed a power purchase agreement (PPA) with fast food giant McDonald’s for a 145MWac/180MWdc PV project in Louisiana.
Solar manufacturer Trina Solar and Qcells parent Hanwha Solutions have reached a patent licensing and transfer agreement with each other over their respective intellectual property and settled their patent dispute, they said in a joint statement.
