The latest renewable energy news includes announcements on Waaree Renewable, Wuhan Tianyuan, Noak, and others.
Waaree Renewable Technologies Signs Five-Year O&M Contract for 360 MWp Solar Project in India
Waaree Renewable Technologies has signed a five-year operations and maintenance agreement covering a 360 MWp solar power project in India. Disclosed November 1, the contract was awarded by an unnamed domestic independent power producer, with the letter of award received on October 31. The agreement expands Waaree’s long-term renewable-energy services portfolio beyond engineering, procurement and construction activities. The company has not disclosed the project’s location, contract value, service commencement date or current operating status. The company will provide maintenance services according to the contractual terms agreed with the project owner.
Wuhan Tianyuan Consortium Wins $535 Million Tender for 1 GW/4 GWh Battery Storage Project in China
A consortium led by Wuhan Tianyuan Group has secured a CNY 3.64 billion, approximately $535 million, tender award for a large battery storage project in Lingwu, Ningxia, China. The award was confirmed October 26 and detailed internationally October 29. The development will provide 1,000 MW of discharge capacity and 4,000 MWh of storage. Consortium partners include Inner Mongolia Yinhe Electric Power Installation Engineering and Ningxia Communications Construction. The scope covers equipment supply, engineering, construction and grid connection, including a new 330 kV substation. Grid connection documentation is targeted by April 2027, with final acceptance scheduled for October 2027. A definitive contract had not been signed when the award was disclosed.
Noak Raises €5 Million to Commercialise Perovskite-Silicon Tandem Solar Technology in Belgium
Belgian solar technology company Noak has secured €5 million in seed financing to accelerate development and industrialisation of perovskite-silicon tandem photovoltaic technology. Announced October 30, the funding was provided by Helios Foundation, Nuhma and V2HFin. Noak is a spin-off of imec and Hasselt University. The company’s technology combines perovskite and silicon photovoltaic materials, targeting conversion efficiencies of 30–35 percent. Its development programme builds on more than a decade of research and five years of outdoor testing at over ten locations across three continents. Funding will support development activities at EnergyVille in Genk and preparations for future manufacturing partnerships. Commercial production capacity and factory investment commitments have not been finalised.