Author: solarenergy
The project was developed, financed and built by Statkraft, which acquired it from Lightsource BP. Image: Light source BP. Greencoat Renewables, a sustainable infrastructure fund, has completed the acquisition of a 50% stake in the 80.5 MWp South Meath Solar Farm from Statkraft. The remaining 50% was acquired in partnership with investment manager Schroders Greencoat, which owns and operates solar assets in the UK. When the deal initially closed in 2022, the development was Greencoat’s first solar purchase in Ireland. The South Meath Solar Farm, in County Meath, Ireland, became commercially operational in late 2023. The project was developed, financed…
This BESS is one of many at the Uskmouth location. Image: Aura Power SAE today (August 7) announced that it has purchased all shares of a 120MW/240MWh BESS project under development in Uskmouth, South Wales. The company has paid Enso Green Holdings, a joint venture between Cero Generation and Enso Energy, an initial fee of £299,000 to acquire 100% ownership of the development vehicle used to develop the project. Under the share purchase agreement, SAE will pay Enso Green Holdings an additional deferred payment of £3.85 million when the project reaches financial close, in recognition of Enso Green Holdings’ contribution…
The US solid-state battery developer has announced that it has achieved 800 cycles with its battery, marking significant progress towards commercialization. If this trend continues, the development offers promising opportunities for grid-scale projects. August 7, 2024 Tristan RaynerBy ESS news ION Storage Systems has reached the 800 cycle mark with its solid-state battery, which it plans to bring into commercial production. The battery previously exceeded 125 cycles with less than five percent capacity loss in March 2024.The 800 cycle milestone was achieved without encountering the common issues that can complicate the market readiness of solid-state batteries. The battery, which uses…
A research team from the Korea Electrotechnology Research Institute (KERI) in South Korea is tackling the use of solar PV in less than ideal conditions with a new tool to optimize for diffused light and partial shade in the city and indoors. The team also developed three-dimensional solar panels with a glass-free, lightweight design with self-tracking that reportedly produce 60% more power compared to conventional flat modules. August 7, 2024 Valerie ThompsonA research team from the Korea Electrotechnology Research Institute (KERI) addresses the use of PV in non-ideal conditions by developing a tool to optimize for diffuse light and partial…
Construction of a 24 MW solar power plant is currently underway in northwestern Uganda. Once commissioned, it will be the first solar installation in the region and Amea Power’s first operational installation in the country. August 7, 2024 Patrick Jowett Dubai-based developer Amea Power has started construction of a 24 MW solar project in Uganda.The Ituka project will be the first solar energy project in the West Nile region of northwestern Uganda, located on a 52 hectare site in the village of Ombachi, approximately 450 km from the capital Kampala.It is being implemented by Ituka West Nile Uganda Limited, a…
Sunbeam has launched a new application programming interface (API), Sunvoy API. The Sunvoy API is designed to streamline and improve solar energy monitoring by providing integration with a wide range of applications and platforms. For solar operators using multiple monitoring platforms, Sunvoy offers a single API solution to access their various hardware. “We are excited to launch the Sunvoy API, which represents an important step forward in our mission to make solar energy more accessible and efficient,” said Herve Billiet, CEO of Sunvoy. “It is common for a company in the solar industry to have multiple brands of solar inverters,…
The Italian company and Huasun Energy are working together to produce wafers, cells and modules for the European market, with the aim of being the most cost-competitive in Europe. August 7, 2024 Sergio MatalucciBee Solar has signed a Memorandum of Understanding (MOU) with Huasun Energy to jointly develop the production of wafers, cells and photovoltaic modules at gigawatt scale, as part of a joint strategy to drive a sustainable Made in Italy energy supply chain .“Bee Solar and Huasun Energy will combine their expertise and resources to create a fully automated and advanced industrial project positioned to be the most…
ABC Supply is a prolific distributor in the North American roofing market and has expanded into solar component distribution as well. James Mason, VP of renewable energy at ABC Supply, is on this episode of Solar Spotlight to discuss the company’s history, motivations for entering the PV market and its ambition to reshape how solar contractors are supplied with solar hardware. A written portion of this podcast is below but be sure to listen to the full episode on your preferred podcast service. SPW: Can you provide an overview of who ABC Supply is? James Mason, VP of Renewable…
The International Energy Agency predicts that solar energy will attract more investment than all other sources of electricity generation combined. Global energy spending will exceed $3 trillion for the first time this year. August 6, 2024 John Fitzgerald WeaverBy pv magazine USAThe International Energy Agency (IEA) predicts that investment in solar photovoltaics will exceed $500 billion by 2024, exceeding the combined investment in all other sources of electricity generation.According to the World energy investments 2024 According to a report from the IEA, total energy expenditure, including fuels and infrastructure, will exceed $3 trillion for the first time this year. Of…
Bridge Renewable Energy, a subsidiary of Bridge Investment Group Holdings Inc., Solaris Energy and WATTMORE, announced their successful closing and kick-off of 1.8 MW of solar and storage projects across multiple facilities in the Rincon Reserve in San Diego County, California. This deal marks the completion of nearly three years of planning, design, grant writing and financial modeling. “We are very excited to move forward with this new project and are committed to providing renewable energy to our people, residents and businesses on our reserve. Together with our new partners, we are building an advanced solar and storage project to…