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Deals in brief: Jollibee to acquire majority stake in Compose Coffee, Heymax.ai snags USD 2.6 million, Google invests in BlackRock solar portfolio company, and more

Deals in brief: Jollibee to acquire majority stake in Compose Coffee, Heymax.ai snags USD 2.6 million, Google invests in BlackRock solar portfolio company, and more

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Jollibee to acquire majority stake in South Korea’s Compose Coffee Jollibee Foods Corporation, the largest restaurant operator in the Philippines, is set to acquire a 70% stake in South Korean coffee chain Compose Coffee. The investment is valued at USD 340 million and will enable Jollibee to further its business interests in South Korea by […]

Deals in brief: Jollibee to acquire majority stake in Compose Coffee, Heymax.ai snags USD 2.6 million, Google invests in BlackRock solar portfolio company, and more Read More »

EDF Renewables Ireland, Circle K sign solar deal

EDF Renewables Ireland, Circle K sign solar deal

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EDF Renewables Ireland solar farms will power Circle K’s 168 locations in Ireland, including the convenience chain’s electric-vehicle charging network, from October 2024. July 1, 2024 Edgar Meza Image: EDF Renewables Ireland, Circle K EDF Renewables Ireland and Circle K have signed a corporate power purchase agreement (cPPA) through 2036. Under the terms of the

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How to recycle methylammonium lead iodide from perovskite solar cells

How to recycle methylammonium lead iodide from perovskite solar cells

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A German research team has developed a new technique to recover and reuse methylammonium lead iodide (MAPbI3) from perovskite solar cells via solvent extraction. Such recycling method can reportedly save up to 61% costs in the lab and industrial manufacturing. July 1, 2024 Valerie Thompson A German research team at Helmholtz Institute Erlangen-Nürnberg for Renewable Energy,

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Korean researchers propose new design for aluminum frames used in glass-glass bifacial solar modules

Korean researchers propose new design for aluminum frames used in glass-glass bifacial solar modules

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Using a surrogate model for finite element analysis, the scientists have designed an aluminum frame for bifacial modules that reportedly minimizes deflection and production costs, without adding too much weight. Deflection can lead to cracking or delamination of ribbons inside the module, resulting in an increase number of damaged cells. July 1, 2024 Lior Kahana

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Congress targets PM over report on Adani group ‘taking’ Chinese help in solar project

Congress targets PM over report on Adani group ‘taking’ Chinese help in solar project

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New Delhi: Congress leader Jairam Ramesh on Saturday slammed Prime Minister Narendra Modi over a news report that the Adani Group has “selected eight Chinese companies to help” its solar manufacturing project and called for a strategy “to wean India of its dependence on China”. He said it has to be ensured that the taxpayers’

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KPI Green secures ₹686 crore credit facilities for solar project in Kutch district

KPI Green secures ₹686 crore credit facilities for solar project in Kutch district

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Home Market News KPI Green secures ₹686 crore credit facilities for solar project in Kutch district This funding is earmarked for the development of a large-scale solar photovoltaic power project in Khavda, Kutch District, aimed at generating 200 MWAC (240 MWDC) of electricity. By Asmita Pant  June 28, 2024, 12:13:53 AM IST (Published) KPI Green

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Statkraft scales down solar PV target amidst ‘challenging market conditions’

Statkraft scales down solar PV target amidst ‘challenging market conditions’

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Latest Features , Featured Articles Features , Interviews , News The decision of reducing targets is made after its annual strategic review. Image: Statkraft. Norwegian energy company Statkraft has reduced its target to build solar PV, battery energy storage systems (BESS) and wind capacity from 2026 onwards. In a statement, the company said it will

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HelioRec completes inspection of 25 kW floating solar power plant

HelioRec completes inspection of 25 kW floating solar power plant

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Home Floating Solar HelioRec completes inspection of 25 kW floating solar power plant June 28, 2024, by Zerina Maksumic France-based start-up HelioRec has finished the inspection of the 25 kW floating solar power plant that is located at Brest Port, France. Source: HelioRec According to HelioRec, the inspection was thorough, covering all aspects of the

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Queensland government reveals second ‘Local REZ’ to aid solar PV deployment

Queensland government reveals second ‘Local REZ’ to aid solar PV deployment

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Latest News , Features , Interviews Features , Interviews , News Features , Editors’ Blog , Interviews The project will be supported via AUS$40 million in state funding. Image: The Department for Energy and Climate. The Queensland government has revealed that Townsville, Australia, will be the next location to house a local renewable energy zone

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