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EBRD finances 315MW solar PV projects in Romania

The European Bank for Reconstruction and Development (EBRD) and financial institution Raiffeisen Bank International have extended a €110 million (US$122 million) funding arrangement to solar developer Nofar Energy for the construction and operation of a 315MW solar photovoltaic project in Romania. Comprising two projects, the Iepuresti plant (169MW) and the Ghimpati plant (146MW) are situated …

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Transgrid to investigate three inland Renewable Energy Zones in western NSW

Transgrid, the Australian transmission system operator, has indicated in a recent report that remote inland Renewable Energy Zones (REZ) could offer supplementary renewable energy sources by the mid-2030s, pinpointing western New South Wales (NSW) as a region with promising potential. In this year’s Transmission Planning Annual Report (TAPR) by Transgrid, it is highlighted that the …

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National Renewable Energy Solutions has broken ground on a 140MW solar-plus-storage plant on tribal lands in New Mexico

Built on tribal land leased from the Jicarilla Apache Nation, the solar-plus-storage is expected to be operational in 2025. National Renewable Solutions, a developer specializing in renewable energy, has initiated the construction phase of a 140MW solar-plus-storage venture in the state of New Mexico in the United States. The Shallow Basket Energy initiative is established …

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Maxeon: Dutch court rejects ABC cell patent lawsuit against Aiko Solar

Maxeon, a solar manufacturer based in Singapore, has been unsuccessful in its legal action against fellow manufacturer Aiko Solar for purported patent infringement related to solar technology. Last week, a judge in the District Court of The Hague in the Netherlands dismissed Maxeon’s claim of alleged patent infringement concerning solar cell architectures, a decision that …

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Acciona Energía commissions 458MW Red-Tailed Hawk solar project in Texas

The Spanish energy firm Acciona Energía has activated its 458MW Red-Tailed Hawk PV project in the state of Texas, marking the company’s most extensive solar panel in terms of capacity. In February 2022, Acciona Energía purchased the project from a consortium that included Avondale Solar and Solar Plus Development, in a transaction valued at $460 …

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Vikram Solar plans U.S.-based solar ingot, wafer, cell and module manufacturing

Vikram Solar, Phalanx Impact Partners, and Das & Co. have established a new U.S. joint venture, VSK Energy LLC, which is primarily owned and operated within the U.S. This venture aims to build a vertically integrated solar manufacturing operation for the Indian solar module brand in the United States. The investment of $1.5 billion encompasses two …

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Maxeon expands solar panel manufacturing in Baja California, Mexico

Maxeon Solar Technologies has enhanced and refurbished a manufacturing facility in Mexicali, Baja California, Mexico, with an investment totaling approximately $70 million. As the leading solar panel producer in Mexico, Maxeon’s cumulative investment in solar manufacturing within the country now exceeds $260 million. The company manufactures its shingled-cell Performance line solar panels in Mexicali. This expansion signifies …

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How to evaluate solar module PAN files (and why it matters)

Production models serve as crucial benchmarks for the performance of solar projects and, ultimately, their financial returns. Financial institutions enlist independent engineers (IE) to scrutinize production models provided by developers and independent power producers (IPPs) in order to make pivotal investment decisions. Developers and IPPs embarking on long-term projects also analyze production models to weigh …

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Benefits (and tradeoffs) of large-format PV modules

Reducing costs, enhancing efficiency, and accelerating deployment are critical for the solar industry to effectively compete with fossil fuel-based power sources. Our joint efforts to streamline project costs remain a key factor behind solar energy’s significant contribution, representing 50% of all new electricity-generating capacity added in the U.S. last year. Presently, one of the most …

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Terabase raises $25M to accelerate digital, automation solutions

Terabase Energy has obtained $25 million in fresh funding to bolster the commercial expansion of the company’s Terafab construction automation system. “The continued financial support we are receiving reflects the widespread enthusiasm across industries for Terabase’s mission,” stated Matt Campbell, CEO and co-founder of Terabase. “This funding will accelerate the expansion of Terafab production, ensuring …

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