International

Wood Mackenzie Lists 10 Trends that Will Shape the Global Solar Market this Year

There is over 63 GW of single-developer mega project capacity (500 MW+) in the global pipeline, 84% of which is comprised of projects in pre-construction phases. In a new report, authored by its analysts Tom Heggarty and Benjamin Attia, consultancy firm Wood Mackenzie has charted the top ten trends that will shape the global solar market […]

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U.S. Energy Storage Market size to exceed $4 Bn by 2024

The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […]

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Longi Solar Sets New Bifacial Mono-PERC Solar Cell World Record at 24.06%

The company’s latest breakthrough bifacial PERC solar cells tested by CPVT achieved a conversion efficiency of 24.06 per cent. LONGi Solar has achieved a new monocrystalline silicon PERC world record conversion efficiency using commercial wafer (M2) dimensions that exceeds 24 per cent for the first time, according to tests carried out by the National Center of […]

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SolarReserve Names Tom Georgis as CEO

For the past 10 years, Georgis has been an integral part of SolarReserve’s leadership team, serving as it’s Senior Vice President. Solar power projects developer SolarReserve has appointed Tom Georgis as it’s Chief Executive Officer (CEO). For the past 10 years, Georgis has been an integral part of SolarReserve’s leadership team, serving as it’s Senior Vice […]

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EBRD Devoted 36% to Green Financing in 2018

It is well on the way to meeting a target of dedicating 40 per cent share of investments to the green economy by 2020. The European Bank for Reconstruction and Development (EBRD) has devoted 36 per cent of its total investments to the green economy in 2018. The bank said in a statement that, it […]

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ASU Engineers Break Solar Cell Record

Addition of chemicals to solution allows the team to surpass their own record from last year A team of researchers from the Arizona State University in collaboration with researchers from the University of Nebraska claims to have set the world record efficiency of 25.4 percent for a tandem solar cell stacked with perovskite and silicon. […]

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Growatt Expands its Presence in Europe

The inverter firm has developed a strong and close relationship with local partners and this move will further strengthen the partnership and provide faster and better support for the clients. Growatt, a global leader in inverter technology based out of China, has established a new office in Rotterdam Netherlands to strengthen its position in the […]

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Clean Energy Investments in 2018 Exceed $300 Bn with Decline in Solar Commitments: BNEF

Even with PV additions crossing the 100 GW mark for the first time, Solar commitments declined 24 percent ($ value) in 2018. According to figures issued by research company BloombergNEF (BNEF), Global clean energy investment totaled $332.1 billion in 2018, marking the fifth consecutive year that investments crossed the $300 billion mark. However, investments in […]

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Melbourne Becomes First City to Power its Council Buildings with 100% RE

The group agreed to purchase 88GWh of electricity per year, about half of the energy that will be produced by the 80MW Crowlands Windfarm. The City of Melbourne has announced that its entire council is now powered by 100 percent Renewable Energy. In doing so, the city has now become the first in Australia to […]

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