Kontrolmatik Technologies, via its subsidiary Pomega Energy Storage Technologies, intends to build a lithium-ion battery factory in Colleton County, South Carolina. The 500,000-sq-ft facility will have an initial production capacity of 3 GWh and produce LFP cells for grid-scale energy storage applications. Production is expected to...
Read MoreThe Swiss investment manager will invest up to $400 million to transform Sunsure into a next-generation independent power producer. The platform targets 3 GW of capacity from Partners Group's equity commitment.Swiss investment manager Partners Group, on behalf of its clients, has agreed to acquire a...
Read MoreIndia's Ministry of Power has chalked out a comprehensive plan for the evacuation of power from the planned 500 GW of renewables capacity by 2030. The plan envisages an additional transmission system and the installation of battery energy storage capacity.India’s Minister of Power and New...
Read MoreSolarPower Europe’s latest analysis reveals that 9.3 GWh of battery energy storage systems have been installed in more than 1 million European households this year.The number of residential battery energy storage systems (BESS) installed across Europe jumped from 650,000 in 2021 to more than 1...
Read MoreThe German parliament has approved a new package of tax breaks for rooftop PV, including a value-added tax exemption for PV systems up to 30 kW in size.From pv magazine Germany The German parliament debates an annual tax law at the end of every year, in...
Read MorePanelClaw, an Esdec Solar Group company and U.S. solar racking manufacturer, has completed the UL 3741 listing process for its flagship flat roof racking platform, clawFR. UL 3741 certification deals with solar components and systems designed to prevent shock hazards to first responders. The listing...
Read MoreThe Dept. of Commerce today released its preliminary decision, stating that certain Chinese solar cell and panel producers in four Southeast Asian countries are indeed working in those countries to avoid paying duties on Chinese-made solar goods. Commerce has suggested an extension of antidumping/countervailing duties...
Read MoreThe Chinese module maker will supply 1,292 MW of PV modules for Larsen & Toubro's two solar EPC projects in Saudi Arabia.Longi has signed an agreement to provide 1,292 MW of solar modules to Larsen & Toubro (L&T) for two PV projects under construction in...
Read MoreThe Indian multinational EPC provider has successfully closed a three-year $107 million sustainability-linked loan with Sumitomo Mitsui Banking Corp.Larsen & Toubro Ltd announced this week it has successfully closed a three-year $107 million sustainability-linked loan with Sumitomo Mitsui Banking Corp. (SMBC) appointed as the sole...
Read MoreThe Spanish government say it will finance five hybrid battery energy storage projects, with a cumulative installed capacity of at least 600 MW. Each project can secure up to €15 million ($15.68 million) in funding.From pv magazine Spain The Spanish government has announced a funding scheme...
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