Here’s a glimpse at some of the latest happenings in solar power industry
EVelution Energy receives $200mn LOI to fund solar-powered cobalt facility
EVelution Energy, a provider of sustainable energy solution, announced that it has received a non-binding Letter of Interest (LOI) from the Export-Import Bank of the United States (EXIM) for a loan of up to $200 million with an 18-year term to fund its solar-powered cobalt production facility in Yuma County, Arizona.
EVelution Energy is building the first solar-powered cobalt processing facility in the U.S., capable of producing up to 7,000 metric tons of refined cobalt per year. By 2027, the facility is expected to meet 20%-40% of the cobalt requirement in the U.S.
LONGi solar modules to power Athens airport project
LONGi, a provider of solar wafer and module manufacturer, announced it will deliver over 58,000 Hi-MO 7 modules for a project at Athens International Airport in Greece.
The bifacial Hi-MO 7 modules have a conversion efficiency of up to 22.6% and use a mono hybrid passivated dual-junction cell. They perform well in temperature fluctuations, making them suitable for the region’s high heat, the company said. Their design and packaging also reduce balance of system (BOS) costs.
MN8 Energy Dry Bridge Solar facility in Rhode IslandÂ
MN8 Energy, a provider of renewable energy solutions and related services, announced the completion of the Dry Bridge Solar facility, a step toward Brown University’s goal of achieving net-zero greenhouse gas emissions by 2040.
The Dry Bridge Solar facility, with a capacity of about 40 Megawatts (MW) AC, is located on a rehabilitated brownfield site in North Kingstown, previously used for gravel and sand extraction. The project comprises four solar installations, each with a 10 MW AC capacity, designed to maximize efficiency and minimize land use impacts.
TrinaStorage showcases expertise in solar-storage integration Â
Trina Solar, a provider of solar power solutions, hosted a visit to a 150MW agrivoltaics and aquavoltaic project with industry partners. This project combines aquaculture and solar power, using Trinasolar’s 210 Vertex series modules. Completed in two phases, it includes a 27MW/54MWh liquid-cooled battery energy storage system (BESS), Trina Storage Elementa, in Phase II.