SolarQuarter

EBRD Provides €25.1 Million Loan For Major Solar Power Project In Bosnia And Herzegovina The European Bank for Reconstruction and Development (EBRD) has announced a €25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH), the leading public electricity utility in Bosnia and Herzegovina. This loan will fund the development and construction of a 50 MWp solar power plant on a former coal ash landfill site in the municipality of Gračanica. UniCredit Bank d.d. is also contributing to the project with a parallel loan of €15 million, mobilized through the efforts of the EBRD. The combined proceeds of these loans will be used to develop, construct, and operate two adjacent solar power plants, which together […] Read the full story here: https://lnkd.in/dS-w53Xp #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #bosnia #europe #europeanbankforreconstructionanddevelopment #greenloan #herzegovina #renewableenergy #solarenergy

Qatar General Electricity And Water Corporation Launches BeSolar Service To Promote Distributed Solar Energy In Qatar The Qatar General Electricity and Water Corporation (KAHRAMAA) has unveiled its new BeSolar service, designed to support the installation of distributed solar energy systems across various properties. This initiative aligns with the Qatar National Renewable Energy Strategy and aims to enhance the use of renewable solar energy while offering economic benefits to customers. The BeSolar service encourages residents and businesses to install solar energy systems in homes, farms, factories, and other properties. As part of this initiative, KAHRAMAA has introduced a distributed solar energy policy and a net billing program. Under this program, any excess electricity generated by solar panels […] Read the full story here: https://lnkd.in/d7577hGU #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #kahramaa #middleeast #qatar #qatargeneralelectricityandwatercorporation #renewableenergy #solarenergy

Jordan’s Prime Minister And Arab Fund Chairman Discuss Enhanced Partnership, With Focus On Energy And Development Projects Prime Minister Dr. Bisher Al-Khasawneh met with Bader Mohammed Al-Saad, Chairman of the Board of Directors of the Arab Fund for Economic and Social Development. The meeting, held at the Prime Ministry, focused on enhancing the longstanding partnership between Jordan and the Arab Fund. Attended by Minister of Planning and International Cooperation Zeina Touqan, the meeting underscored the significance of the successful collaboration between Jordan and the Fund, which has spanned several decades. Al-Khasawneh emphasized the importance of maintaining this fruitful relationship to meet national priorities and achieve the Kingdom’s development goals. The Prime Minister highlighted Jordan’s commitment to advancing […] Read the full story here: https://lnkd.in/dy3rSQvf #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #arabfundforeconomicandsocialdevelopment #jordan #middleeast #renewableenergy #solarenergy

Indonesia Faces Challenges In Transitioning Away From Coal For Clean Energy – Report A new report by Ember, released highlights the hurdles Indonesia faces in its transition from fossil fuels, particularly coal, to cleaner energy sources. Despite setting ambitious renewable energy targets, the country’s progress has been slow, stalling its efforts to combat climate change. The report reveals a significant increase in Indonesia’s reliance on coal for electricity generation. Coal-fired power plants have nearly doubled their capacity in the past decade, contributing to a sharp rise in greenhouse gas emissions. While the government has set goals to boost the share of renewable energy in the energy mix, the actual implementation has fallen short. […] Read the full story here: https://lnkd.in/d2B-aFPA #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #cleanenergy #ember #indonesia #renewableenergy #solarenergy #southeastasia

Sabah Launches RM100,000 Energy Audit Grant Program For Major Electricity Users Electricity users in Sabah’s industrial and commercial sectors consuming more than 100,000 kilowatt-hours (kWh) of electricity per month are now eligible to apply for grants of up to RM100,000 through the Energy Audit Conditional Grant (EACG). This opportunity, announced during a recent seminar, is part of the implementation of the Efficient Management of Electrical Energy Regulations (EMEER 2024). The announcement was made at the Seminar on EACG and Energy Management, hosted by the Sustainable Energy Development Authority (SEDA) Malaysia in collaboration with the Energy Commission of Sabah (ECoS). The seminar, held at the Promenade Hotel, saw participation from various stakeholders […] Read the full story here: https://lnkd.in/dJKj5yvU #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #malaysia #renewableenergy #sabah #solarenergy #southeastasia

Brazil To Add 115 GW Of New Power Capacity By 2034, Driven By Wind And Solar Energy – Report Brazil is poised to install an impressive 115 gigawatts (GW) of new power capacity by 2034, primarily fueled by a surge in free market demand. According to the latest analysis from Wood Mackenzie, wind and solar energy will be at the forefront of this expansion, with plans to add 61 GW of utility and distributed solar and 24 GW of onshore wind projects over the next decade. Wood Mackenzie’s report highlights a remarkable projected increase of over 100% in free market demand within the next ten years. The market’s liberalization is fostering competition between solar utilities and solar distributed generation, […] Read the full story here: https://lnkd.in/daaENQz3 #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #brazil #renewableenergy #solarenergy #southamerica #woodmackenzie

Union Minister Approves Rs. 3,600 Cr For Power Infrastructure Modernization In Gurugram And Faridabad The Union Minister for Power and Housing & Urban Affairs, Shri Manohar Lal, recently reviewed the performance of Power Distribution Companies and Power Departments across the country. During the review, special attention was given to the quality and reliability of power supply in the National Capital Region, specifically the rapidly growing cities of Gurugram and Faridabad. To meet the increasing power demand, which has been growing at an annual rate of 8-10% in these cities, the Ministry of Power, guided by the Union Minister, has approved projects worth Rs. 3,600 crore. This approval came during an Inter-ministerial Monitoring Committee meeting […] Read the full story here: https://lnkd.in/daRvpqXY #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #electricity #faridabad #gurugram #india #powergrid

NextEra Energy, Inc. Releases Q2 2024 Financial Results on Company Website NextEra Energy, Inc. announced its second-quarter 2024 financial results, reporting a GAAP net income of $1.622 billion, or $0.79 per share. This marks a decline from the $2.795 billion, or $1.38 per share, recorded in the same quarter of 2023. However, on an adjusted basis, the company saw its earnings rise to $1.968 billion, or $0.96 per share, up from $1.777 billion, or $0.88 per share, in Q2 2023. Chairman, President, and CEO John Ketchum highlighted the company’s robust performance, noting a more than 9% increase in adjusted earnings per share year-over-year. He credited the growth to strong […] Read the full story here: https://lnkd.in/dajyCdyw #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #greenenergy #northamerica #renewableenergy #solarenergy

Constant Energy Forms Consortium with BayWa r.e. APAC and Sun Energy Ventures for Major Solar Initiative Constant Energy has announced the formation of a consortium with BayWa r.e. APAC and Sun Energy Ventures to support the 2GW Large Scale Solar (LSS) Round 5, launched by Suruhanjaya Tenaga (Energy Commission). This initiative includes a pivotal 29.9MWac solar project, part of Malaysia’s National Energy Transition Roadmap (NETR), which targets achieving 70% renewable energy by 2050. The consortium, comprised of industry leaders BayWa r.e. and Sun Energy Ventures, brings substantial experience and a proven track record in Malaysian solar projects, including previous LSS rounds. The collaboration promises to leverage a combined expertise of over 6GW in renewable energy, enhancing […] Read the full story here: https://lnkd.in/dH833SXp #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #apac #baywar.e #constantenergy #malaysia #renewableenergy #solarenergy #southeastasia #sunenergy

Pioneering Success: TBEA’s Stellar Performance in the PV Inverter Market for H1 2024 In the ever-evolving photovoltaic (PV) industry, TBEA has firmly established itself as a leading force in the first half of 2024. Amid a market characterized by booming PV installations and considerable challenges in manufacturing, TBEA has distinguished itself as a prominent player, consistently outperforming competitors in the fiercely competitive PV inverter tender market. The PV sector in 2024 has been marked by a paradoxical trend: declining prices coupled with surging demand. While the manufacturing sector faces pressure from falling prices, frequently dipping below established thresholds, the PV inverter market has witnessed a substantial increase in demand. Read the full story here: https://lnkd.in/dZXRVkHa #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #centralinverter #pvinverter #solarenergy #solartechnology #stringinverter #tbea