Solar News

Nextera Energy to Sell its Canadian Renewable Portfolio

An affiliate of NextEra Energy Resources will continue to operate all of the facilities included in the transaction under a 10-year services agreement with CPPIB. NextEra Energy Partners has signed a definitive pact with Canada Pension Plan Investment Board (CPPIB) for the sale of its wind and solar generation portfolio in Canada, for about USD 582.3 million. […]

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ReNew Power buys Ostro Energy

This strategic investment helps ReNew Power further consolidate its position in the fast-growing, Indian clean energy sector. Clean energy firm, ReNew Power has acquired Ostro Energy for an undisclosed amount. The company said in a statement that, “This strategic investment helps ReNew Power further consolidate its position in the fast-growing, Indian clean energy sector.” Concurrent with this transaction, Canada […]

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Impose Safeguard Duty on Import of Solar Cells, says ISMA

The association has written to the Commerce Ministry favouring the Directorate General of Safeguards (DGS) recommendation of imposition of 70% duty on imports of solar PV cells and modules. The Indian Solar Manufacturers Association (ISMA) has demanded from the government for the imposition of safeguard duty on imports of solar cells and modules, saying it would be significant to […]

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Daqo New Energy Announces 39,600 MT Polysilicon Supply Agreement with LONGi

As per the terms of supply agreement, Daqo New Energy will supply LONGi with 39,600 MT of ultra-high-quality polysilicon starting from April 2018 through the end of 2020. Daqo New Energy has announced that it has signed a 32-month 39,600 MT ultra-high-quality polysilicon supply agreement with LONGi, mono-crystalline solar products manufacturer with 15GW of mono-crystalline […]

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Canadian Solar Wins Project Bond of the Year Award by Environmental Finance

The world’s first dual-tenor bond served as the financing vehicle for Canadian Solar’s 19MW Gunma Aramaki Solar Power Plant when it was issued in April 2017. Canadian Solar has announced that it has won Environmental Finance’s Project Bond of the Year award for its innovative dual-tenor green project bond issuance in Japan. Environmental Finance, an […]

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CIL Plans to Generate 20 GW Solar Power in Next 10 Years

We don’t have the land in single size, its of our various subsidiaries which we will use, says CIL Chairman. As part of its diversification plan, state-owned miner Coal India Ltd (CIL) is targeting to generate about 20,000 MW in next 10 years. Commenting on the development, Coal India, Chairman and Managing Director, Gopal Singh said, “For Coal […]

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Sungrow Prepares for Major Growth in Emerging APAC Solar Markets

Sungrow South Korea is now providing complete solutions comprising of central inverters, string inverters, power control systems (PCS) for energy storage system (ESS), and ONE-STOP solution for floating PV power plants, addressing a wide range of demands from the market. Sungrow, is expanding its presence in emerging APAC solar markets, in particular South Korea and […]

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Avaada Power Eyes to Set-up Floating Solar Projects

The floating solar segment has a potential to generate 300 GW of power across the country, said Vineet Mittal. Clean energy company Avaada Power is looking to set up floating solar projects and for this it is in talks with various states governments and expects some large tenders to be floated in the next 2 months. […]

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Sunpreme wins Award for Bifacial Smart Solar PV Panels from Frost & Sullivan

Sunpreme GxB380 Bifacial Smart Solar received high marks across the board for its best practices for innovative technology, world-class quality, and outstanding customer experience. US-based solar PV company Sunpreme won the 2018 Frost & Sullivan New Product Innovation Award for bifacial smart solar PV Panels. Sunpreme GxB380 Bifacial Smart Solar received high marks across the board […]

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