GCL System Integration’s Post

Download our full report for further insights👉🏼 https://buff.ly/3pRsNfJ In addition to Chile, AMI has pinpointed two emerging markets within #LATAM where Battery Energy Storage Systems are gaining traction. The overall Latin American region boasts 505 MW of operational Front-of-the-Meter BESS projects, representing approximately 3% of the established U.S. BESS market (16 GW), according to data from EIA. #BESS #ChileBESS #EnergyInvestment #EnergyLatAm

According to an article by Daily Investor, data from RMB Morgan Stanley suggests that by 2025, the private sector, driven by renewables, will outpace Eskom in electricity generation. This projection hinges on Eskom maintaining an Electricity Availability Factor (EAF) of 53%, but recent trends indicate a decline in EAF over the past year, making this assumption unlikely. Lock hands with SolidStep if you outpace Eskom with our solar solutions: Website: solidstep.co.za Email Address: info@solidstep.co.za Contact Number: 082 557 2562 #RenewableEnergy #Eskom #ElectricityGeneration #EnergyTrends #PrivateSector #EnergyTransition #SustainableFuture #EnergySector #PowerGeneration #RenewablesRevolution

This partnership underscores Masdar's dedication to hastening the energy transition in Spain and backing the EU's ambitious net-zero goals by 2050. It's a substantial move in Masdar's growth strategy, aiming for 100 GW of renewable energy capacity by 2030.

In one of #Spain’s largest #RenewableEnergy deals, #Masdar has partnered with Endesa in a €1.7 billion transaction, subject to regulatory approvals and other conditions. #Masdar plans to invest €817m acquiring a 49.99% stake of 48 operational solar plants of 2GW aggregated capacity; Endesa and #Masdar aim to add 0.5GW of battery energy storage system (BESS) to the projects. Our agreement to become Endesa’s partner for 2.5GW of #RenewableEnergy assets cements #Masdar’s position in #Spain and #Europe, and advances our ambition to reach our global target of 100GW by 2030. This strategic partnership with Endesa is expected to play a significant role in supporting #Spain and the wider EU in meeting its #NetZero goals. 🔗Read more: https://lnkd.in/dZcYbJf2

Last call to join our #SolarCities☀️🏙️ Webinar: Public Procurement Supporting Solar    📅 26 March | 📍online    Around 80% of the EU population live in urban areas, making cities and local authorities the perfect candidates to accelerate the #energytransition✅, becoming the centre of #solar deployment, while faced with an increasing demand for sourcing.   How do we make sure that this increased demand for #renewables contributes added value to local project developers, citizens, and the industry?    This webinar will cover the green public procurement, best practices, and forward-thinking solutions in sourcing local energy, and how cities can become drivers, both for the energy transition, and for European industrial development.    Register now 👇 https://lnkd.in/dRiF2CNU   Co-organised with Energy Cities & ICLEI Europe

Hi-MO 9 Makes Debut at The African Energy Forum 2024 in Barcelona The African Energy Forum (AEF) 2024 was held with great fanfare in Barcelona from June 25 to 28 in Barcelona, Spain, bringing together energy experts, policymakers, and industry leaders from around the globe. As the premier annual event in the African energy investment sector, this forum was a platform for in-depth discussions on how to balance Africa’s development needs with global goals in the future energy system. Led by Vice President She Haifeng, LONGi Solar’s team presented the latest high-efficiency photovoltaic product, Hi-MO 9, based on the 2nd generation Hybrid Passivated Back Contact (HPBC) solar cell technology. This marks the debut of Hi-MO 9 in the African market. READ MORE-https://lnkd.in/gbd3xV_G #africa #renewableenergy #solarcelltechnology #solarenergy #longi #energygoals #cleanenergy #africanenergyforum2024

🌍 Fibon Knows Partners: Collaborating Across South Africa At Fibon Energy, we believe in the power of collaboration to drive sustainable energy solutions forward. Through strategic partnerships across South Africa, we enhance our ability to deliver cutting-edge solar energy systems that empower communities and businesses alike. 🌞 🔧 Our Approach Partnering with organisations across various sectors, Fibon Energy leverages collective expertise to design, install, and maintain solar photovoltaic (PV) systems tailored to meet diverse energy needs. ✨ Why Partner with Fibon? 🔹Expertise: With over a decade of experience in the solar energy industry, Fibon Energy brings unparalleled expertise to every partnership. 🛠️ 🔹Innovation: We are committed to innovation, integrating the latest technology to optimise energy efficiency and sustainability. 🚀 🔹Finance Solutions: Understanding that the initial investment in solar energy can be significant, Fibon Energy offers flexible finance solutions to make renewable energy accessible and affordable for our partners. Our financing options are designed to meet the unique needs of each project, ensuring that the transition to solar energy is smooth and economically viable. 💡 Explore partnership opportunities with Fibon Energy and together, let’s shape a sustainable future powered by the sun. 🌞 Contact us today to learn more about how we can collaborate. Nicole@fibonenergy.com #CleanEnergy #RenewableEnergy #SolarEnergy #fibonenergy #worktogether

Avantus Secures $522 Million for Solar Expansion 🌞💡 TL;DR Avantus has raised $522 million from KKR and Sumitomo Mitsui Banking Corporation to boost its solar and energy storage projects in the Western U.S. This funding follows KKR’s acquisition of a majority stake in Avantus, facilitating plans for over 30 GWdc of solar and 94 GWh of storage. Highlights • $522 million secured for renewable energy development • Majority stake acquired by KKR, showing commitment to clean energy • Focus on expansive solar and storage projects in the southwestern U.S. • Funding will help secure key agreements and support operational needs • Rising demand for clean energy aligns with market opportunities • Avantus aims for large-scale solar-plus-storage systems #RenewableEnergy #SolarPower #EnergyStorage #Avantus #Kernels #SustainableFuture Article Source https://lnkd.in/gUs75_yJ

Yesterday, I had the privilege to attend the #Solarplaza Summit #Baltics conference, which went deep into the dynamic #solar energy market of the Baltic region. Here are some insights: - with a noticeable drop in PV module prices last year due to an oversupply in Europe, the solar landscape is still full of opportunities not only for its expansion but innovations as well; - the ongoing growth of renewables' installed capacity provides a future where electricity prices are going to drop but maintaining a stability in a long run; - pairing batteries with solar farms emerges as a game-changer, promising to significantly enhance the rate of investment return, bringing a new era of energy efficiency and new services market; - embracing innovative Lithuanian energy regulations, the market is developing with pioneering smart solutions tailored to meet clients needs.

News In Brief On May 2 – GCL System Integration Ships 16GW of #SolarModules in 2023 Chinese module manufacturer GCL System Integration Technology (GCL SI) shipped 16.42GW of solar modules in 2023. The firm has been on a drive to expand capacities, especially n-type #solarcells and modules. While GCL SI had an annual nameplate capacity of 30GW for modules by 2023 end, it expects this to expand to 72 GW in time. While its plant in Hefei plant will have a 60GW annual capacity, the Funing module assembly plant will be 12GW high-efficiency modules. News In Brief at https://lnkd.in/gMME8QVC #renewableenergy #solarenergy