News & Press Releases
News & Press Releases
Saudi Arabia’s Red Sea signs utilities deal with ACWA Power led consortium
The Red Sea Development Co (TRSDC) said on Monday it has awarded a contract to build and operate renewable power-based utilities for Saudi Arabia's flagship luxury resort development, the Red Sea Project, to a consortium led by ACWA Power.
Owned...
News & Press Releases
Israel launches 10-yr national energy efficiency plan
Israel has launched a national plan for energy efficiency and dealing with the climate crisis, the government announced. On Monday, the Ministry of Energy said the new plan, which refers to the years 2020-2030, was formed to reduce energy...
News & Press Releases
UK commissions research into space-based solar power stations
The UK Government has announced the commissioning of new research into space-based solar power (SBSP) systems, which would collect energy in space using large solar satellites.
The system will convert the collected solar energy into high-frequency radio waves and beam...
News & Press Releases
Nucor to purchase solar energy from EDF Renewables North America
US-based steel products manufacturer Nucor has signed a virtual power purchase agreement (VPPA) with EDF Renewables North America (EDFR) for 250MWac of solar energy in Texas for 15 years.
Nucor selected the project through a competitive request for proposal (RFP)...
News & Press Releases
Q CELLS to build floating solar plant on Hapcheon Dam in South Korea
Photovoltaic (PV) solar cells manufacturer Q CELLS has announced plans to build a 41MW floating PV power plant, which will be installed at the Hapcheon Dam in South Korea.
In August, the company won the rights from the Korea Water...
News & Press Releases
Lightsource BP and Array Technologies make third solar tracker deal
UK-based solar developer Lightsource BP has announced a solar tracker purchase deal with Array Technologies, covering 1.4GW of generation worldwide.
The companies did not disclose the exact price of the deal, but it follows a $100m deal in December 2019...
News & Press Releases
India Will Lead The Renewable Energy Upswing in 2021
The International Energy Agency’s (IEA) latest report ‘Renewables 2020′ forecasts the impact of COVID-19 on the renewable sector.
According to the report, the renewables used for generating electricity will grow by 7% in 2020, which is in sharp contrast to...
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