The German technology firm has bagged orders for the turnkey electrical equipment and installation of two solar farms in Brazil and Pakistan. In addition, it announced the end of its cooperation with German inverter specialist SMA by the year’s end, and plans to manufacture its own inverters.
Energy innovations will be centered on digital technologies and the strategic use of data, with focus shifting from fossil fuel operation and maintenance to distributed renewables and the connected home, reads a BNEF report, adding that the market size for digital technology in energy will grow to $64 billion by 2025.
Facing a 7% increase in the electricity demand per annum, Jordan cannot afford to sit on the sidelines of global solar boom, and is now getting ready to welcome another large-scale solar PV project, whose shares have been split between three major companies.
In an announcement at ClimateWeek NYC, the Green Bank Network said that it had closed transactions that are expected to mobilize more than $29 billion in public and private capital for clean energy projects around the globe.
A 20 MW solar project featuring heterojunction modules is the first one of its kind in Russia. Hevel announces further expansion of its HJT module production to 220 MW.
Two solar farms, Ituverava (254 MW) and Nova Olinda (292 MW), have been put into operation, and hailed as South America’s largest solar parks.
Coated on both sides with an elastomer that ensures stretchability and stability in water, the new textile-compatible photovoltaics are able to maintain high efficiency of 7.9%.
A consortium consisting of Chinese Shanghai Electric and Saudi ACWA Power has bagged an order to build a 700 MW CSP plant, the fourth phase of the 1 GW Mohammed bin Raschid al-Maktum solar park located in the Dubai Desert.