Daily News Wrap-Up: Panasonic Commissions a 7 MW Solar Project for Gro Solar Energy
BASF partners with Cellforce Group to develop cells for its next-generation lithium-ion battery
Here are some noteworthy cleantech announcements of the day from around the world:
Panasonic Life Solutions India has commissioned a 7 MW solar project for Gro Solar Energy. Built on an engineering, procurement, and construction basis in the Dhule district of Maharashtra, the project is spread over 50 acres and has 30,300 “Anchor” make of polycrystalline solar modules manufactured in India. The energy produced is evacuated at the nearest substation, powering homes across multiple villages and provide daytime power to the farmers for irrigation activities.
German chemical company BASF has joined hands with Cellforce Group as a cell development partner for its next-generation lithium-ion battery. BASF will provide high-energy HEDTM NCM cathode active materials as part of the agreement, contributing to high-performance battery cells for fast charging and high energy density. Cellforce Group, a joint venture between Porsche and Customcells, will produce a high-performing battery. The battery production plant is expected to commence operations in 2024 with an initial yearly capacity of 100 MWh, powering 1,000 motorsport and high-performance vehicles.
KSTAR has signed a memorandum of understanding for a 76 MW solar photovoltaic (PV) project in Ukraine with the China Machinery Engineering Corporation and a major UAE-based solar PV developer. The agreement includes financing, design, construction, and related procurement for the project, with KSTAR supplying its inverters to support the ongoing development of PV in Ukraine, where the company has already installed over 1.5 GW of its products. The move is expected to assist Ukraine’s shift towards a low-carbon future.
Jericho Energy Ventures, which invests in low-carbon energy transition initiatives, has led a Series A financing for H2U Technologies. H2U concentrates on developing an AI-driven electrocatalyst discovery process for electrolyzer and fuel cell applications. Jericho’s $1.5 million co-lead investment is joined by Dolby Family Ventures, Hess Corporation, and Motus Ventures – with a total Series A raise of around $7 million. H2U will use the funding to support the start-up and develop its proprietary electrocatalyst discovery process and machinery. H2U’s disruptive solution to replace precious metal catalysts with cheap, stable, and effective electrocatalysts will be a required step in the adoption of green hydrogen globally.
GE Renewable Energy has entered into an agreement with Whiffle, a Netherlands-based weather forecasting technology firm, to apply Whiffle’s atmospheric Large Eddy Simulation modeling for GE’s wind energy applications. Under the pact, GE uses Whiffle’s technology to augment wind turbine siting and provide improved annual energy production for customers. GE Renewable Energy has installed more than 400 GW of clean, renewable energy and equipped more than 90% of utilities worldwide with its grid solutions.
Photovoltaic string inverter manufacturer Ningbo, China-Ginlong Technologies (Solis), has installed a rooftop solar system for plastics manufacturer Faerch Plast, alongside U.K. renewable energy company Engenera. The 2 MW capacity project uses Solis 110 kW inverters. With over 4,000 modules, this is a considerable large-scale rooftop installation. Designed for improved efficiency, increased yield, and smooth operation and maintenance, the Solis 110 kW inverter complements this type of installation.
Singapore-based renewable energy project developer Cleantech Solar has announced the completion of a 1 MW rooftop solar photovoltaic (PV) system for automotive parts manufacturer Daiwa Kasei. Cleantech Solar has financed, designed, constructed the project. It will also own and operate the PV system throughout the agreement. The Set in Thailand, the PV system is built under a long-term power purchase agreement. Constructed with over 2,000 solar panels, the project is estimated to generate over 1,300 MWh of electricity annually, offsetting around 750 tons of CO2 emissions. Thailand aims to achieve over 30% of its total energy sources from alternative energy by 2037.