Intelligent CXO Issue 38 | Page 9

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Huawei Digital Power showcases innovative solar technologies

Huawei Digital Power Middle East and Central Asia showcased its cutting-edge solar technologies at the recently concluded FusionSolar Day Oman in Muscat . The event , held in partnership with Value Added Partner , Solis Depot , brought together Omani government representatives , solar industry leaders and energy experts to witness the launch of Huawei ’ s innovative new solar products for residential and commercial applications .

In addition , Huawei presented its smart microgrid solution , an integrated system combining energy storage and PV with smart control features , proactive safety measures and optional medium voltage AC coupling via Huawei ’ s smart transformer station . The system optimises the Levelised Cost of Energy ( LCOE ) through lower operating costs and increased energy yield .
Headlining the residential product launches was SmartGuard , an intelligent device that enables efficient on / off-grid switchover and load management . Huawei also unveiled the LUNA2000 energy storage solution , featuring an expanded capacity of 7kWh per module and enhanced four-layer safety protection . Rounding out the residential line was the SUN2000 series of three-phase inverters , supporting unbalanced loads and 100 % off-grid capabilities .
For commercial customers , Huawei introduced the powerhouse SUN2000-150K-MG0 string inverter , named the ‘ Hexagon Warrior ’. With an industry-leading efficiency of 98.8 %, long-term reliability and 0.5-second rapid shutdown , this 150kW inverter is ideal for industries such as iron and steel , transportation , non-ferrous metals , textiles , cement and others .

Novuna Business Finance provides £ 10 million facility to Aura Power to progress global development pipeline

Novuna Business Finance has provided £ 10 million of funding to support Aura Power , a leading global developer of renewable energy projects , to progress its development pipeline of utilityscale solar PV and battery energy storage of around 12GW in the UK , Europe and North America .

The deal demonstrates Novuna Business Finance ’ s appetite to support businesses that have the drive to help deliver the countries net zero ambitions . As part of Mitsubishi HC Capital UK PLC , the company is committed to making a positive and sustainable difference to its customers , communities and society and aims to make an impact by focusing on areas where its expertise , skills and experience will contribute to lasting progress on the road to sustainable change .
Matthew Andrews , Senior Relationship Manager for the Sustainability and Green Infrastructure team at Novuna Business Finance , said : “ Supporting businesses that can make a real difference to the UK ’ s net zero goals is extremely important to Novuna Business Finance . It has been an absolute pleasure to work alongside Aura Power to provide it with a £ 10 million facility to fund its project development costs , bringing each of them a step closer to the ready to build stage .
“ This deal is further proof of Novuna Business Finance ’ s commitment to supporting utility-scale solar PV and battery storage projects . It not only represents a significant step towards reducing carbon emissions and reliance on fossil fuels but also serves as a stepping stone to a future powered by clean , renewable energy .”
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