TotalEnergies is launching with partners the construction of a solar plus storage plant in South Africa, the French energy major said on Friday. The hybrid renewable energy project will include a 216 megawatt (MW) solar plant and a 500 MWh battery storage system to manage the intermittency of solar production, …
Read More »China Launches First All-in-One Floating Fish Farm Powered by Wind and Solar Energy
China’s leading wind developer, Longyuan, and turbine-maker Shanghai Electric have launched what they claim is the world’s first integrated floating wind, solar and fish farming system. The facility is located off Nanri Island in Fujian Province. In 2021, the parties announced they would build the world’s first aquaculture farm integrated …
Read More »India Looks to Make Solar Modules Locally
India plans to introduce new rules requiring domestic manufacturers to make solar cells and other key components in the solar module supply chain, India’s Minister of Power and New & Renewable Energy, Raj Kumar Singh, said on Friday. The new rules could be introduced in a couple of years, the …
Read More »Europe is Struggling to Attract Solar Manufacturers
Europe is losing the global race for solar components manufacturing due to high energy and labor costs and supply chain issues, according to solar industry executives who say the EU lacks incentives for manufacturers to plan future investments. Following the Russian invasion of Ukraine and facing competition from China and …
Read More »Europe’s Solar Industry Warns against Tariffs on Imports
Europe’s solar power industry has warned policymakers not to impose tariffs on imports, amid fears that disrupting supplies of products from China would seriously damage Europe’s ability to rapidly install clean energy. The call comes as Brussels and European governments consider tougher action on imports as they seek to expand …
Read More »Chinese Solar Firm Eyes Saudi Arabia for First Foreign Plant
China-based solar sector supplier GCL Technology Holdings Ltd. is in advanced talks with Saudi Arabia about opening its first overseas factory as the nations aim to extend their energy ties beyond oil. The world’s second-largest manufacturer of polysilicon, a key ingredient in solar panels, is looking to build a plant …
Read More »India Set to Install Record-High Rooftop Solar Capacity in 2024 Fiscal Year
India is on track to install a record-high capacity of solar rooftops in the 2024 fiscal year as solar module prices are falling and enterprises are looking to source greener energy, a new report showed on Friday. Rooftop solar is booming in India and the country is expected to install …
Read More »Saudi Arabia Secures Financing for $2.4 Billion Solar Project
Several Saudi firms, including oil giant Aramco and a company owned by the Kingdom’s sovereign wealth fund, announced on Sunday the financial close of a major solar project in Saudi Arabia worth $2.37 billion in investment, the Saudi Press Agency reported. Saudi Aramco Power Company (SAPCO), a wholly-owned subsidiary of …
Read More »China and Saudi Arabia to Power Green Hydrogen Project with 2.2 GW of Solar Energy
China’s energy company, Sungrow, said this week that it will provide its inverter skid technology and 1+X modular inverter solution for a 2.2 Gigawatt (GW) solar plant that Neom Green Hydrogen Company (NGHC) is building in Oxagon. The project site is in a port area close to the futuristic Neom …
Read More »Pakistan Needs to Attract Int’l Firms for Local Production of Solar Panels
Pakistan can attract foreign investment in manufacturing of solar panels and allied equipment at local level provided it formulates policies that deliver legal safeguards to investors and guarantee a consistent regulatory framework. Talking to WealthPK, Mustafah Abdullah, a wind and solar energy project developer and Chief Executive Officer of Moro …
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