News
CIM unveils Permanent Power Company with $400m support
43+ min ago (394+ words) The new energy platform will combine solar, storage and transmission projects under single nationwide ownership. Permanent Power Company has secured a $400m financing commitment and finalised a long-term power purchase agreement (PPA) following its recent launch as a national power platform…...
CIM Group launches US energy platform with 1. 2 GW solar PV, 690 MW BESS
13+ min ago (311+ words) US real estate investment company CIM Group has launched an energy platform with a portfolio of solar PV and battery energy storage system (BESS) assets. Called Permanent Power Company, the new energy platform has an initial portfolio of 1. 2 GW solar…...
OX2 starts construction work at 135 MW Muswellbrook solar-plus-storage project in Australia
18+ min ago (231+ words) Swedish independent power producer (IPP) OX2 has started construction work at its Muswellbrook project, which combines 135 MW of solar capacity and 100 MW of batteries. The project will cover 482 hectares in the Hunter Central Coast Renewable Energy Zone of New South Wales…...
European Energy starts building 225 MW agri PV project, Italy's "largest'
20+ min ago (292+ words) Danish IPP European Energy has started constructing a 225. 5 MW agrivoltaic solar PV project in Sicily, which it claims will be the "largest" such project in Italy. The "200 million (US$232. 67 million) project is situated across 260 hectares of land near Vizzini, Sicily,…...
Solex Sees Upward Pressure On Solar Module Prices, Cites Multiple Factors
49+ min ago (393+ words) Indian solar module manufacturer Solex Energy expects solar module prices in India to move higher in the coming months as geopolitical tensions, rising logistics expenses, currency fluctuations and tighter domestic solar cell availability continue to pressure the supply chain, the…...
Premier Energies Bets Big on DCR Demand, BESS and Inverters With "5, 100 Crore FY27 Capex Plan
2+ hour, 43+ min ago (879+ words) Premier Energies has outlined an aggressive expansion strategy centred around domestic solar manufacturing, energy storage systems, and inverter production, while expressing strong confidence in the upcoming surge in Domestic Content Requirement (DCR) demand following the implementation of ALMM-II norms. During…...
Japan awarded 1. 25 GW of battery storage capacity across 19 projects in - Shanghai Metals Market (SMM)
3+ hour, 41+ min ago (67+ words) Japan awarded 1. 25 GW of battery storage capacity across 19 projects in Shanghai Metals Market [Storage: Japan awards 1. 25 GW of battery storage in latest LTDA auction] Data Source Statement: Except for publicly available information, all other data are processed by SMM based…...
Exploiting the bull market phase for utility-scale PV and BESS in Italy
24+ min ago (318+ words) Regulatory framework and the puzzle of suitable areas Outside of these zones, traditional ground-mounted systems face a de facto ban on agricultural property. Future developments on agricultural parcels must adopt agrivoltaic designs to achieve environmental permitting approvals. Despite these development…...
Final funding unlocks massive Virginia plant for critical US battery component
36+ min ago (513+ words) At full capacity, the plant could support roughly 65 gigawatt-hours of lithium-ion battery manufacturing annually. A newly financed battery materials plant in Virginia could strengthen a key part of America's energy storage supply chain. Microporous has secured final funding for a…...
European Energy pumps EUR 200m into new solar facility
2+ hour, 1+ min ago (144+ words) Energy Watch Stay ahead of development by receiving our newsletter on the latest sector knowledge. Senior Fuel Supplier - Houston European Energy pumps EUR 200m into new solar facility Danish developer European Energy has made the final investment decision on the 225. 5 MW…...