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Vivint Solar Receives $100 Mn Tax Equity Financing For 55 MW Residential PV Systems

Vivint Solar has received $100 million of tax equity financing, to install more than 55 MW of residential solar energy systems. Vivint Solar, a leading full-service residential solar provider, announced it has received commitments for an additional $100 million of tax equity financing, which will enable it to install more than 55 megawatts (MW) of residential solar energy systems. “We […]

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NV Energy Announces Projects Worth 1200 MW Solar and 590 MW Storage

NV Energy has announced the addition of nearly 1,200 MW of new solar generation to be built in the state, along with 590 MW of battery storage. Nevada-based power utility, NV Energy has announced the addition of nearly 1,200 MW of new solar PV generation to be built in the state, along with 590 MW […]

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Tata Power Planning Rs 16K Cr Renewable InViT to Trim Debt

Tata Power plans to establish an InViT for its renewable energy portfolio to reduce its debt by almost a fourth and then raise growth equity from investors. Tata Power, of the country’s leading integrated power companies, has revealed that it plans to establish an infrastructure investment trust (InViT) for its renewable energy portfolio, nearly 3 […]

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Electricity Demand to Rise 62%; Generation Capacity to Triple by 2050

As a result, an aggregate investment of about USD 13.3 trillion is expected to be attracted in the sector, including USD 4.2 trillion in solar and USD 5.3 trillion in wind energy. The world’s power generation capacity is likely to triple between 2018 and 2050, as the demand for electricity may grew by 62 per […]

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Recurrent Energy Signs Solar PPA Worth 310 MWp with Anheuser-Busch

Recurrent Energy has signed a 15-year PPA with Anheuser-Busch for 310 MWp/222 MWac of electricity from its Maplewood solar project in Texas. Recurrent Energy, a wholly-owned subsidiary of Canadian Solar, has announced the signing of a 15-year Power Purchase Agreement (PPA) with Anheuser-Busch for 310 MWp/222 MWac of electricity from its Maplewood solar project in […]

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LONGi Solar Launches 2 New Modules 430 W Hi-MO4 and Real Black

Highlighting its growing strength in the industry, LONGi Solar has released a new series of modules that it expects will set industry benchmarks – the new generation Hi-MO4 and Real Black high-efficiency modules. The new Hi-MO4 has all the advantages of the previous series of Hi-MO modules but has been enhanced with a new generation […]

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LONGi Solar Shipped Over 7 GW of Mono Cell and Modules in 2018

In 2018, LONGi overseas shipments of the monocrystalline silicon wafer were 3.483 billion pieces, an increase of 59% over the previous year. Annual shipment of solar cells and modules reached 7.072 GW, a 50% increase over the previous year. LONGi Solar, one of the leading solar module manufacturers in the world, recently released its 2018 […]

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LONGi To Invest US$875 Million for Production Capacity Expansion in 2020

The company had recently announced a new 1GW mono-Si cell plant would be built in Malaysia at the Shama Jaya Free Industrial Park, Kuching City, Sarawak, Malaysia at a cost of approximately US$125.5 million. Leading monocrystalline wafer producer LONGi Green Energy Technology is planning to invest around US$875.7 million in expanding its Czochralski-based monocrystalline silicon […]

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Siemens Gamesa’s Indian Manufacturing Units Start Equipment Export

The ongoing trade tariff negotiations between China and the US is seen as an opportunity by Siemens Gamesa’s India manufacturing units to take part and meet the rising demand for wind energy equipment. Markus Tacke, Chief Executive Officer, Siemens Gamesa, responding to a query on the scope for Siemens Gamesa to increase its wind energy […]

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