EU grants €578m for France-Spain renewable energy transmission link
In what is the largest ever energy grant to be issued by the EU, France and Spain’s interconnection capabilities are to be boosted to 5 GW once an undersea cable across the Bay of Biscay is finalized.
Stem closes $80 million funding round
The energy storage company will receive the money from three different investors, including the Ontario Teachers’ Pension Plan.
Burkina Faso announces plan to build eight solar parks totaling 100 MW
All of the eight projects, planned for seven different regions, will be awarded a declaration of public utility. The new facilities are expected to improve the country’s power supply, which still relies heavily on fossil fuels and imports.
Malaysia’s PA Resources secures $154m First Solar supply contract
The Kuala Lumpur-based manufacturing subsidiary of PA Group has signed a deal worth 600 million Malaysian Ringgit to supply certain materials and goods to First Solar for the production of its thin film modules.
Argentina grants dispatch priority to three private PPAs for 26 MW of solar
The three projects will all be located in the north of the country, one of the regions with the world’s highest levels of solar irradiation.
Scatec solar reports significant growth in revenue, profits in full fiscal 2017
The Norwegian developer had 322 MW of PV projects in operation and 394 MW under construction at the end of the fourth quarter of last year.
Grupo T-Solar issues €118.4 million in bonds to refinance 11 PV projects in Spain
The Spanish solar power producer and developer has announced it will refinance 11 of its Spanish projects with its first unrated bond issuance.
Researchers double life of lithium-ion batteries by adding graphene girders
By reinforcing the anode’s structure with graphene girders, researchers at the U.K.’s University of Warwick have found an effective approach to replacing graphite in the anodes using silicon, thus boosting the capacity of lithium-ion batteries, and more than doubling lifespans.
VW-owned Scania to invest €10m in Northvolt’s battery cell manufacturing fab
The truck maker is to partner with Northvolt on developing and commercializing battery cells for use in heavy commercial vehicles.
Actis acquires SunPower’s 100 MW project in Chile
Through this operation, the U.K. investor, which already owns a 40% interest in the Javiera solar plant located in the Antofagasta region, consolidates its position in the Chilean solar market.
