News

SVOLT to Invest CNY 22 Billion in a New 60GWh Battery Production Base in Chengdu

published: 2021-10-01 9:30
Battery manufacturer SVOLT has signed an agreement with the municipal government of Chengdu to build a 60GWh battery production base. Chinese website Gasgoo reported that SVOLT will invest CNY 22 billion to build a battery production plant and an R&D center in Jianzhou New Town, a district for advanced industries in the eastern part of Chengdu. ...  more

Turkey tenders another 1.5 GW of utility scale solar

published: 2021-09-30 17:20
Turkey's Ministry of Energy has launched another 1.5 GW solar tender under the national Yeka (Yenilenebilir Enerji Kaynak Alanları) renewable energy program. Through the procurement exercise, which is the fifth of the Yeka series,...  more

Uganda bets on floating PV

published: 2021-09-30 17:18
Uganda Electricity Generation Company is seeking consultants to assess the country‘s potential to deploy floating PV power plants. The utility said that the selected consultants will need to conduct analytical studies on the prosp...  more

US utility-scale solar falling in cost, pricing, value

published: 2021-09-30 17:03
In a record year for the United States, 10 GW of utility-scale solar reached commercial operation date in 2020. The projects accounted for nearly 60% of all new PV capacity added last year. Declining costs have been a chief driver...  more

Hai Tian Offshore Engineering Invests in Large CLVs for Wind Farms After 2024

published: 2021-09-30 9:30
To respond to the localized development strategy for offshore wind farm implemented by the government, local maritime engineering company Hai Tian Offshore Engineering will be investing in the construction of the first extensive cable laying vessel (CLV) in Taiwan, which is expected to be fully prepared in 2023 for the engagement of cable laying for offshore wind farms starting from 2024. ...  more

Prosolia and Iberdrola to Invest EUR 850 Million in Five PV Projects Across Iberia

published: 2021-09-29 9:30
Prosolia Energy and Iberdrola announced on September 22 that they have entered into an agreement to jointly invest EUR 850 million in setting up five PV projects in Spain and Portugal by 2025. Pedro Pestana Aguiar, an executive board member of Prosolia, told Reuters that four of the projects will be located in Spain and each have a generation capacity of 360MW. The fifth project will be located in Portugal and have a generation capacity of 1,140MW. Aguiar pointed out that Portugal will almost double its current PV generation capacity with the addition of that one project. ...  more