Press Releases

Aboitiz Power Corporation (AboitizPower) on Thursday held a virtual groundbreaking ceremony for its 94-MW peak solar power project in Pangasinan, an undertaking seen to create a “brighter future” for the province.

Huawei Technologies (Malaysia) Sdn Bhd has recently entered into partnerships with KVC Industrial Supplies Sdn Bhd and JJ-LAPP (M) Sdn Bhd in a bid to meet the country’s energy demands and to accelerate its progress towards carbon neutrality by 2050 through solar manufacturing and the deployment of Photovoltaic (PV) technology.

Solarday, the historical Italian module manufacturer, has announced it will replace old, failed PV modules with new panels that have the same technical features as the original. Modules will be manufactured and delivered to Solaria, the multinational Spanish PV Company with a large number of solar parks, that after more than 10 years in service, need to be repowered.

The proceeds will support Qair International’s renewable energy projects mainly in EBRD countries of operation.

Canadian Solar Inc. today announced that its Global Energy business group recently signed private power purchase agreements (“PPA”) with Usinas Siderurgicas de Minas Gerais S.A., one of the largest steelmakers in Latin America, committing 50% of the total electricity production of a 381 MWp solar power project in Brazil.

AleaSoft Energy Forecasting, February 21, 2022. In the week of February 14, European electricity markets prices fell, something that happened for the third consecutive week, and they were below €200/MWh. Some markets registered hourly or daily values that are among the lowest of the year. Electricity futures prices also fell mostly. The decreases were favoured by the decrease in demand and gas and CO2 prices, as well as by greater renewable energy production, especially wind energy.

• Solas Sustainable Energy Fund ICAV (SSEF), a fund advised by Solas Capital AG, reaches its first close with €140 million, including a €30 million commitment by the European Investment Bank
• The fund has a target size of €200 million and will provide debt financing to energy service companies to carry out energy efficiency and small renewable energy projects, mainly in the European Union
• SSEF is classified as Article 9 or “Dark Green”, the highest classification under the European Union’s new Sustainable Finance Disclosure Regulation
• The EIB investment is supported by the European Fund for Strategic Investments (EFSI)

QuantumScape Corporation, a leader in developing next-generation solid-state lithium-metal batteries for use in electric vehicles, today announced its expansion into the Asia-Pacific region with an office in Kyoto, Japan. The new property will feature a state-of-the-art laboratory for battery research and development.

Siemens and Desert Technologies have launched a joint venture to develop and invest in solar and smart infrastructure in Africa, the Middle East and Asia, as announced today at Expo 2020 Dubai. The venture, Capton Energy – which aims to build up a portfolio of investments in projects with an aggregate capacity of more than 1 gigawatts (GW) – will support projects providing clean, reliable, and affordable energy in areas that need it most.

Start-up Area connects young companies with industry, trade and investors

Düsseldorf, Germany, February 24, 2022 – This year’s trade fair for energy storage systems and industrial decarbonisation, decarbXpo, offers start-ups and young companies direct access to a wide range of industries and trade segments. The special offer for the expo’s Start-up Area is geared towards companies that are less than five years old and have an annual turnover of five million euros or less.