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Israeli gas supplier Electra Power exits PV business

Electra Power, an Israeli energy supplier, is now in negotiations to sell its PV operations for up to $7.88 million. Last year, it reported an operational capacity of 4.7 MW and a project backlog of 25 MW.

EDF’s UK renewables unit acquires solar installation specialist

EDF Renewables UK and Ireland, a unit of French energy giant EDF, has acquired UK solar installer SAS Energy. It says the acquisition will facilitate new projects in the solar, electric vehicle, and battery storage sectors.

CRISIL to acquire Bridge To India Energy

CRISIL, an Indian data analytics company, has announced plans to acquire Bridge To India Energy, in a move aimed at strengthening its presence in the renewables consulting market.

Shell looking to sell Sonnen

Shell, which acquired Sonnen four years ago, is now actively seeking a majority shareholder for the Germany storage system specialist.

Israel’s Teralight secures 23-year PPA for 108 MW/433 MWh of solar, storage

Teralight has signed a 23-year power purchase agreement (PPA) for 108 MW/433 MWh of solar-plus-storage capacity. It will sell electricity to Dalia Power Energies under a tariff linked to the Israeli Electricity Authority’s regulated production tariffs.


Weekend Read: Planning a Hamba-lution

As the global North ponders e-mobility dilemmas such as how to source sufficient materials to meet electric car demand, fresh evidence has emerged of how solar can decarbonize transport and farming in Africa.


ACWA Power reaches financial close for 200 MW solar project in Egypt

With an overall investment cost of US$182 million, the Kom Ombo plant is expected to be commercially operational in January 2024.


Solegreen to deploy 210 MW/470 MWh of solar-plus-storage in Israel

Solegreen plans to deploy 210 MW/470 MWh of solar-plus-storage in Israel, through a project selected by the Israeli authorities in a 2020 tender. The facilities will sell power at ILS 0.1715 ($0.0459)/kWh.

Engie acquires Broad Reach Power

Engie has acquired 350 MW of operating storage assets and 880 MW of assets under construction from US battery specialist Broad Reach Power, with commissioning of the latter assets expected by the end of 2024.


Weekend Read: ‘Please open your wallets’

Donations of cash and solar equipment have thrown a lifeline to schools, hospitals, and communities in Ukraine but the country needs much more, including long-term backing for the recovery of its industry, reports Ian Skarytovsky.


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