Author name: Siim

Solarbox Africa raises $1M to revolutionize clean energy & transportation in Senegal

Solarbox Africa raises $1M to revolutionize clean energy & transportation in Senegal

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Solarbox Africa, an eMobility and green energy startup has closed a $1 million funding round to revolutionize clean transportation across Senegal and across the West African region. The Pre-Seed round was led by key investors Digital Energy Facility (an initiative of AFD – Agence Franaise de Dveloppement, IetP and Gaia Impact Fund), Launch Africa Ventures,

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A combination of CfDs and PPAs can deliver ‘acceptable’ returns for Eastern European solar

A combination of CfDs and PPAs can deliver ‘acceptable’ returns for Eastern European solar

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Latest “I think this year and next year [the market will] switch to the CfDs again,” said Pawel Olkowicz, third left. Image: PV Tech. Financing structures such as contracts for difference (CfDs) could be an integral complement to the work of the nascent power purchase agreement (PPA) market in the Eastern European solar sector. This

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Chinese PV Industry Brief: PowerChina launches 300 MW offshore PV project

Chinese PV Industry Brief: PowerChina launches 300 MW offshore PV project

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PowerChina has unveiled plans for a 300 MW offshore PV pilot project in the Bohai Sea, using advanced solar panels designed to endure extreme marine conditions. November 26, 2024 Vincent Shaw Image: pv magazine PowerChina has unveiled plans for a 300 MW offshore solar pilot project in the Bohai Sea, southeast of Changli County, Hebei

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Sunly starts building 244MW solar PV in Estonia, Baltics ‘largest’ plant

Sunly starts building 244MW solar PV in Estonia, Baltics ‘largest’ plant

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Latest As construction starts on the Baltics ‘largest’ solar PV plant, Sunly expects to hybridize the project with energy storage and wind capacity. Image: Sunly Estonian independent power producer (IPP) Sunly has started construction of a 244MW solar PV plant in its home country. Located in the western county of Lääne, the project is expected

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Eastern Europe to focus on ‘ready-to-bank’, not ‘ready-to-build’, solar project development

Eastern Europe to focus on ‘ready-to-bank’, not ‘ready-to-build’, solar project development

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“When we’re speaking to get to this ready-to-build [stage], it’s more about getting ready-to-banking,” said Stelian. “If I’m looking at how we’re trying to develop, construct and connect [a project], we’re looking mainly to see how we will find the financing that will be capable of [supporting] our projects.” His distinction between “ready-to-build” and “ready-to-bank”

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Japan’s 22nd solar auction concludes with lowest bid of $0.049/kWh

Japan’s 22nd solar auction concludes with lowest bid of $0.049/kWh

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Japan has allocated 56.4 MW of PV capacity in its latest procurement exercise. The lowest bid came in at JPY 7.5 ($0.049)/kWh, while the average final price was JPY 8.17/kWh. November 26, 2024 Emiliano Bellini Image: Steven Diaz, Unsplash Japan’s Green Investment Promotion Organization has released the final results of its latest auction for utility-scale

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Arevon fires up the first solar + storage peaker plant in the U.S.

Arevon fires up the first solar + storage peaker plant in the U.S.

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Arevon’s Vikings Solar + Storage in Imperial County, California. Courtesy: Arevon Energy) Could solar-powered peaker plants eventually replace the need for thermal ones? The idea has been kicking around for a few years, and now proponents of the concept are celebrating a major milestone. Renewable energy developer… https://www.renewableenergyworld.com/solar/utility-scale/arevon-fires-up-the-first-solar-storage-peaker-plant-in-the-u-s/

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J&V Energy enters the Philippines utility-scale solar market with 180MW acquisition

J&V Energy enters the Philippines utility-scale solar market with 180MW acquisition

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Latest Features , Editors’ Blog , Interviews The utility-scale solar PV project is located in General Santos. Image: ib vogt Taiwan-headquartered developer J&V Energy has entered the utility-scale solar PV sector in the Philippines by acquiring a 180MW power plant in General Santos. Details of the project have not been disclosed. The company’s national subsidiary,

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How AI can improve the performance of solar technologies

How AI can improve the performance of solar technologies

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By Lenny Tinker, US DOE SETO’s Photovoltaics Program Manager Latest Features , Editors’ Blog , Interviews Beyond finding the location of a fault, machine learning can also help identify if ageing, weather, or something else caused the failure of a PV system. Image: Chris Gellentien. As solar deployment increases around the country, monitoring solar plant

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