admin, Author at EmeraldBay Trading Solar

Meralco increases stake in Philippine’s largest solar developer

Manila Electric Company (Meralco), via its subsidary MGen Renewable Energy Inc, has increased its stake in SP New Energy Corporation (SPNEC) after the transfer of 10.8 billion exchangeable shares in a deal valued at PHP 13.76 billion ($233.5 million). The company is working on the world’s largest solar-plus-storage project currently under development… https://www.pv-magazine.com/2025/10/30/meralco-increases-stake-in-philippines-largest-solar-developer/

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Meridian Energy begins construction on 120MW solar plant in New Zealand

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Latest Features , Guest Blog , Long Reads The farm has an expected life span of 35 years, at which point the panels will be recycled or repurposed. Image: Meridian Energy (via LinkedIn). Meridian Energy, a New Zealand state-owned energy company, has begun the construction of its 120MW Ruakaka solar plant. Spanning an area equivalent

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The Solar Pioneers Convincing Urban China to Go Green

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One night in 2022, a power outage plunged a residential neighborhood in Shanghai into darkness. For 12 hours, as repair crews worked tirelessly to restore electricity, all the homes were pitch black — except for that of the Zhao family. In 2006, Zhao Chunjiang installed his first rooftop solar panels, making him China’s earliest adopter

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Brazil’s solar energy company, Thopen, exploring Bitcoin mining

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Thopen plans to use surplus solar energy for Bitcoin mining. The move could cut curtailment losses and boost grid stability. Brazil may emerge as a leader in sustainable crypto mining. Brazilian solar energy firm Thopen is considering a bold new move to address one of the country’s most pressing renewable energy challenges of excess electricity

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EBRD co-finances ACWA Power’s 1GW/1.3GWh solar and storage portfolio in Uzbekistan

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Latest Features , Guest Blog , Long Reads EBRD will finance the construction of two solar and storage projects from Saudi developer ACWA Power. Image: ACWA Power. The European Bank for Reconstruction and Development (EBRD) has provided US$142 million in financing for the construction of a 1GW solar and 1.3GWh battery energy storage system (BESS)

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Historically ‘benign’ solar markets for climate risk must adapt to intensifying extreme weather conditions

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Although solar PV’s vulnerability to Natural Catastrophe (Nat Cat) damage is well known across the industry, the North American market has often been singled out as the focal point for these challenges. This reputation has grown out of significant recurring losses in the ‘hurricane alley’ of the US, encompassing the Gulf Coast and the southeastern

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TotalEnergies, AEW to develop 400MW As Sufun solar project in Saudi Arabia

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Latest The project is in the Jazan Province, approximately 35KM southwest of Jazan city and 15KM north of Samtah. Image: EDF Power Solutions. A consortium led by TotalEnergies and Aljomaih Energy and Water (AEW) has won a contract from the Saudi Power Procurement Company (SPPC) to develop, build, and operate a 400MW solar PV plant

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GreenYellow to invest US$116 million in C&I solar-plus-storage in Poland

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Latest ‘Poland is at a turning point in its energy transition,’ said Dominik Radziwill, non-executive chairman of GreenYellow. Image: Unsplash. French renewables firm GreenYellow plans to invest €100 million (US$116 million) in Poland over the next three years to expand its installed capacity and customer base. The firm said Poland is at a pivotal stage in

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‘Everyone is talking about’ co-located solar and storage PPA in Europe

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Published last week, the report notes that European solar PPA prices fell below €35/MWh (US$40.8/MWh) in the third quarter of this year, and Carita drew a distinction between solar and wind prices, in particular, in the European market. “When we look at the market-averaged continental index, we see that wind has been stable in the

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FRV Australia commits to 210MWdc New Zealand solar PV plant after Genesis partnership ends

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The original joint venture, established in late 2021, aimed to develop up to 500MW of solar capacity across New Zealand over five years. FRV Australia, a developer of sustainable energy solutions owned by Saudi Arabia’s Jameel Energy and the Canadian infrastructure fund OMERS, will proceed with the Rangitikei project independently. The company operates under the

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