As per insights from tax credit investment banking firm Foss & Company, the entire Fortune 500 is exploring opportunities in clean energy tax credit transferability transactions. Tax credit incentives for advanced manufacturing in the clean energy sector in the United States have the potential to increase to billions of dollars annually. Managing director Bryen Alperin …
‘Entire Fortune 500’ looking at clean energy tax credits Read More »
The Australian branch of the utility behemoth Engie has initiated the construction of its 250MW Goorambat East solar PV project in Victoria, Australia. Engie asserts that the project, considered the largest currently under development in the state, is scheduled for completion in 2026. It is set to commence supplying renewable energy to the National Electricity …
Engie Australia begins work on Victoria’s ‘largest solar PV project under construction’ Read More »
The oil and gas giant bp has completed the acquisition of solar PV developer Lightsource bp by obtaining the remaining 50.03% stake in the company. In an announcement made on Thursday, it was confirmed that Lightsource bp will maintain its independent brand and operational structure. Bp also stated its intention to enhance value by introducing …
EDP, the developer, is currently testing a robotic construction solution on a 122MW PV power plant located in Valladolid, Spain. The aim of this pilot project is to substantially reduce the construction timeline of the plant. The innovative Hyperflex technology, created by Italian robotics expert Comau, is set to be implemented on a 3MW segment …
EDP trials automated construction technology on Spanish PV project Read More »
Trina Solar, a Chinese manufacturer of solar modules, has successfully achieved a power conversion efficiency of 25.9% for an industrial bifacial tunnel oxide passivated contact (i-TOPCon) solar cell. The Institute for Solar Energy Research in Hamelin (ISFH CalTec) in Germany has verified the cell efficiency measurement, which pertains to an industrial large-area 210 × 182mm² …
Trina Solar i-TOPCon solar cell reaches 25.9% efficiency, supplies 1GW Vertex modules Read More »
Sandhya Ganapathy, CEO of EDP Renewables North America, stated that large-scale solar developers in the US have exhausted the easily attainable opportunities. Ganapathy explained that EDP Renewables North America has deliberately pursued a diverse portfolio of solar, storage, and wind projects across various states in the US. This strategic approach combines ambition and pragmatism. In …
‘Low hanging fruit is gone’ for US solar developers, says EDP CEO Read More »
A team of researchers from LONGi, a Chinese module manufacturer, and the School of Materials at Sun Yat-sen University have successfully created heterojunction (HJT) back contact solar cells with an impressive power conversion efficiency of 27.09%. The findings of the experiments, which have been published in the journal Nature, highlight that most of the recombination …
According to clean energy research firm Mercom Capital Partners, corporate financing in the solar industry experienced a drop of nearly US$7 billion in the initial nine months of 2024 when compared to the corresponding period in the previous year. By the conclusion of September, the overall global corporate funding for the industry amounted to US$22.3 …
The Institute for Essential Services Reform (IESR) in Indonesia has highlighted that the country has achieved 700MW of installed solar photovoltaic (PV) capacity. However, the institute cautions that this advancement is deemed “insufficient” to align with the global climate objectives. According to a recent publication from the research institution, Indonesia’s installed solar photovoltaic (PV) capacity …
Indonesia surpasses 700MW installed solar PV capacity, but progress is ‘inadequate’ Read More »
Four Community Choice Aggregators (CCAs) in California have finalized agreements for 393.5MW of solar PV capacity and 171MW (684MWh) of battery energy storage within the state. This week, Central Coast Community Energy (3CE), the Clean Power Alliance (CPA), Peninsula Clean Energy (PCE), and Silicon Valley Clean Energy (SVCE) from California sealed agreements with Clearway Energy …
California Community Choice Aggregators ink solar and storage offtake deals Read More »
