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EIB, FirstRand Bank invest €400 million in South African solar PV and wind

EIB, FirstRand Bank invest €400 million in South African solar PV and wind

Latest A 258MW solar project in South Africa’s Northern Cape province. Image: Scatec. The European Investment Bank (EIB) and FirstRand Bank have allocated €400 million (US$444 million) to support the development of solar PV and wind generation projects in South Africa. Announced last week (12 September), the financing has been granted via the Global Gateway, […]

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Chinese PV Industry Brief: Aiko Solar, GoodWe, Ginlong Solis post H1 profit declines

Chinese PV Industry Brief: Aiko Solar, GoodWe, Ginlong Solis post H1 profit declines

Aiko Solar, GoodWe, and Ginlong Solis have all posted declines in net profit for the first half of 2024 due to industry overcapacity. September 13, 2024 Vincent Shaw Shenzhen Stock Exchange Image: Jay Sterling Austin, Wikimedia Commons Aiko Solar said it has recorded a sharp decline in net profit and revenue for the first half

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Niam Infrastructure and Evecon to build 84MW solar-plus-storage portfolio in Latvia

Niam Infrastructure and Evecon to build 84MW solar-plus-storage portfolio in Latvia

Latest Evecon has 850MW of solar capacity under development. Image: Evecon. Clean energy investment company Niam Infrastructure and Estonian renewable power developer Evecon have announced plans to build a new solar-plus-storage portfolio in Latvia. The portfolio will be built in two phases, with construction at the first, including 40MW of solar generation capacity across six

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MGM Resorts Signs Agreement to Double Solar Electricity Access

MGM Resorts Signs Agreement to Double Solar Electricity Access

LAS VEGAS, NevadaMGM Resorts International signed a power purchase agreement with Escape Solar LLC that will more than double its access to clean solar electricity. The agreement will help the company grow closer to its goal of procuring 100 percent renewable electricity in North America by 2030. MGM Resorts currently uses solar power for 90

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Typhoon Yagi triggers significant drop in solar production across Southeast Asia

Typhoon Yagi triggers significant drop in solar production across Southeast Asia

In a new weekly update for pv magazine, Solcast, a DNV company, reports the Typhoon Yagi caused a significant reduction in solar power generation across key cities in Vietnam, China, and the Philippines, with some areas reporting their lowest irradiance days on record for September. September 13, 2024 Solcast Typhoon Yagi has caused a notable

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Swansea University develops tool to model solar materials for agriPV projects

Swansea University develops tool to model solar materials for agriPV projects

This tool, ‘Photovoltaic Performance Simulator’ is discussed in the study ‘On the Performance Limits of Agrivoltaics—From Thermodynamic to Geo-Meteorological Considerations’, which concludes that organic semiconductor-based components, deployed as part of semitransparent PV installations, have “comparable” performance to inorganic semiconductor-based materials, such as silicon, in agriPV projects. However, the report notes that there is a wide

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Solar PV and wind form foundation of Australia’s updated National Hydrogen Strategy

Solar PV and wind form foundation of Australia’s updated National Hydrogen Strategy

Solar PV and wind generation will be at the heart of Australia’s green hydrogen production goals, with these two technologies being the cheapest forms of renewable energy generation. Although Australia’s wind sector has started to pick up pace, solar PV continues to be the dominant clean energy technology, with it being added at an increasingly

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RE+: Arevon says IRA transferability ‘democratising’ solar investment

RE+: Arevon says IRA transferability ‘democratising’ solar investment

PV Tech Premium spoke with Arevon’s COO, Justin Johnson, at this week’s RE+ renewable energy conference in Anaheim, California about transferability credits, the IPP business model, the policies affecting US solar and why the company has built so much in Indiana. Build, own, operate Arevon operates as an IPP which designs, builds, owns and operates

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