The Swiss group acquired Gamesa Electric’s power electronics business in Spain from Siemens Gamesa. The financial terms of the deal were not revealed.
A coalition of 18 California legislators has formally urged the California Public Utilities Commission (CPUC) to enforce regulations under “Rule 21” regarding the interconnection of customer-sited solar and energy storage systems.
A consortium led by Acwa Power, Water and Electricity Holding Co. (Badeel) and Saudi Aramco Power Co. has secured a $5.9 billion senior debt facility for seven Saudi Arabia renewable energy projects totaling 15 GW across solar and wind.
Indonesia’s Institute for Essential Services Reform (IESR) is seeking proposals by Dec. 3 for a preliminary feasibility study on offshore floating solar development in Sulawesi, including techno-economic assessments and regulatory analysis.
The Dominican Republic has switched on the 162.6 MW Cotoperí Solar complex, developed by Acciona Energía and local investors. It is the largest PV installation in Central America and the Caribbean.
NTPC has developed a standalone solar microgrid system that uses hydrogen as the storage medium to deliver 200 kW of round-the-clock power throughout the year. Designed to replace diesel gensets at off-grid Army locations, the system provides a reliable and sustainable power supply even in harsh winter conditions, where temperatures can drop to –40 C at an altitude of 4,500 meters.
South Korean solar inverter makers have jointly launched a new association of inverter manufacturers to coordinate domestic production, safeguard local expertise, and address import-driven market issues and grid stability challenges.
EWE says construction has started on its 320 MW hydrogen plant in Germany as it seeks regulatory reforms, while Japan Suiso Energy and Kawasaki Heavy Industries have broken ground on a commercial-scale liquefied hydrogen terminal set to begin operations in 2030.
China’s National Energy Administration (NEA) says developers installed 252.87 GW of new PV capacity from January to October 2024, including 12.6 GW in October alone.
Offered primarily as a 10 MW unit, the new product is also available in a 5.5 MW version for customers with specific requirements.
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