Wednesday, April 10

International Updates

JinkoSolar’s Subsidiary to Construct 56GW Cell & Module Manufacturing facility in Shanxi, China
International Updates

JinkoSolar’s Subsidiary to Construct 56GW Cell & Module Manufacturing facility in Shanxi, China

JinkoSolar Holding Co., Ltd. one of the largest and most innovative solar module manufacturers in the world, today announced that its majority-owned principal operating subsidiary, Jinko Solar Co., Ltd. has entered into an investment framework agreement with the Management Committee of Transformation Comprehensive Reform Demonstration Zone of Shanxi Province for an integrated project manufacturing monocrystalline silicon pull rod, silicon wafer, high-efficiency solar cells and modules. According to the Agreement, Jiangxi Jinko plans to construct production lines with a total annual production capacity of 56 GW for each of monocrystalline silicon pull rod, silicon wafer, high-efficiency solar cells and modules in the Transformation Comprehensive Reform Demonstration Zone of&nb...
China’s Sungrow to supply Inverters for 2.6GW Al Shuaibah Solar Power Project Saudi Arabia
International Updates

China’s Sungrow to supply Inverters for 2.6GW Al Shuaibah Solar Power Project Saudi Arabia

Sungrow, the China-headquartered inverter and energy storage system supplier announced on Monday that it has signed a contract with China Energy International Group to supply inverter solutions for the 2.6-gigawatt (GW) Al Shuaibah project in Saudi Arabia. The $1.75 billion solar photovoltaic (PV) power project, located in the western region, is being developed by a consortium of ACWA Power and Water and Electricity Holding Company (Badeel), a 100 percent-owned PIF unit under the National Renewable Energy Programme (NREP). China Energy International Group the Engineering, Procurement and Construction (EPC) contractor for the project, which is expected to be completed in 2025, according to Sungrow’s press statement. The company said it is supplying 240 units of...
SkySpecs Acquires i4SEE
International Updates

SkySpecs Acquires i4SEE

SkySpecs, a global leader in wind energy technology, has acquired i4SEE, a leader in fully automated wind turbine data analytics and fleet optimisation. The combined entity brings together world-class data insight and automation to help wind farm owners and operators to optimally invest in, maintain, and manage their assets for sustainable returns. “Our global customers are facing critical challenges when it comes to budgeting and maximising the life and returns of their assets as the wind industry matures,” said Danny Ellis, CEO of SkySpecs. “We are thrilled to join forces with i4SEE to deliver more actionable insights and equip global wind customers with the tools to make data-driven decisions while keeping a pulse on their assets’ health and performance.”By adding i4SEE’s augmented ...
Australian Clean Tech company Endua fixes Renewable Energy’s intermittency problem
International Updates

Australian Clean Tech company Endua fixes Renewable Energy’s intermittency problem

One major problem with renewable energy sources like wind, solar and hydro is intermittency. This means they cannot be relied on constantly since, for example, the sun might stop shining or it might be a still, windless day. To fill gaps, users often rely on diesel generators or batteries. But diesel generators produce emissions and batteries only last for a short time. Clean tech startup Endua says it has found the solution with its modular hydrogen generation and storage technology. The Australian startup announced it has raised AU$11.8 million (about $7.8 million). Participants in the round included new investors, Queensland Investment Corporation (QIC), Melt Ventures and 77 Partners, which together put in AU$7.5 million. The rest of the funding came from returning strategic investo...