Solar

Performance-Based Financial Mechanism for MNRE’s CST Scheme: GERMI

A new study has found that MNRE’s off-grid and decentralised CST scheme should have a performance-based financial support mechanism A new study has found that the Ministry of New and Renewable Energy’s (MNRE’s) off-grid and decentralised concentrated solar thermal (CST) scheme should have a performance-based financial support mechanism instead of the capital subsidy that was being provided earlier by […]

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CSIR-CMERI and NISE Form Partnership to Bolster Solar Sector

CSIR-CMERI and NISE have formed ‘Strategic Association’ to bolster the Solar Energy sector across the nation CSIR-CMERI (Central Mechanical Engineering Research Institute), Durgapur and National Institute of Solar Energy (NISE), Gurugram joined hands by signing an online Memorandum of Understanding (MoU) as a ‘Strategic Association’ to bolster the Solar Energy sector across the nation on September […]

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Sungrow Supplies to Southeast Asia’s Largest Solar Installation in Vietnam

Sungrow, a leading global inverter solution supplier for renewables, has announced that the Company has supplied its latest 1500V 6.25 MW medium-voltage turnkey solution to 350 MW solar PV project in Luning County, Pingfu Province of Vietnam. Upon completion, which is expected to be before December 31, 2020, the project will be the largest solar […]

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ReneSola Forms JV to Establish 3 GW Solar PV Manufacturing Facility

ReneSola and Zhongnan Industry have decided to enter into a JV to set up a Solar PV manufacturing facility with an annual production capacity of 3 GW in China. ReneSola, a world reputed Solar PV Module manufacturer & Zhongnan Industry, a well-known conglomerate in China, has decided to enter into a joint venture (JV) to […]

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EDPR Sells 80% Stake in 563 MW Renewable Portfolio in US, H1 Profit Down

EDPR has signed a Sale & Purchase Agreement with Connor, Clark & Lunn Infrastructure, to sell an 80% equity shareholding in a 563 MW renewable portfolio in the US. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and […]

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Sterling and Wilson Bags Two Solar Projects Worth 300 MW in Australia

Sterling and Wilson Solar has bagged orders worth AUD 300 million or Rs 1600 crore for two large-scale solar power projects worth 300 MW in Australia. Sterling and Wilson Solar has announced that it has bagged orders worth AUD 300 million or Rs 1600 crore for two large-scale solar power projects in Australia. The firm […]

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ACWA Power Announces Financial Close for 900 MW PhV of MBR Solar Park

ACWA Power has completed the signing of all financing agreements of the 900 MW fifth phase of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai. ACWA Power, a leading Saudi Arabian developer, investor and operator of power generation plants, has announced that it has completed the signing of all financing agreements of the […]

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Lightsource bp Begins Work on California Pollinator Friendly Solar Farm

Lightsource bp has successfully closed on a USD 20 million financing package and mobilised construction on its Wildflower Solar project in California. Lightsource bp, a global leader in solar development, has announced that it has successfully closed on a USD 20 million financing package and mobilised construction on its Wildflower Solar project located in Rio Linda, about […]

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Ontario Wasted Enough Clean Electricity to Power 720,000 Homes in 2019: Report

OSPE has revealed that Ontario wasted a total of 6.5 TWh of clean electricity in 2019 – an amount sufficient to power 720,000 average homes for one year. The Ontario Society of Professional Engineers (OSPE), the voice of Ontario’s engineering community, has released updated data on curtailed (wasted) energy, following its 2019 Retail Electricity Price […]

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