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€300 Million IFC Loan For Iberdrola To Back Renewables Versus Coal

The World Bank’s private lending arm, the International Finance Corporation (IFC) has backed Spanish utility major Iberdrola with a €300 million (US$328.7 million) loan to support and develop renewable energy projects in coal-dependent countries, including Morocco, Vietnam and Poland. According to Iberdrola,€170 million has already been committed to financing onshore wind projects in Poland, one of the biggest European […]

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Chinese Wind Manufacturer Mingyang Stakes Claim To Largest Wind Turbine

The race to be the largest continues in the Wind Turbine sector, where offshore wind has seemingly opened up a canvas of unlimited proportions for manufacturers. From size to ability to withstand high wind speeds, the race is truly on to conquer the high seas. The latest to make a strong claim is Chinese major […]

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First Solar Signs PPA With Cleantech Solar To Procure 150 MW Facility

First Solar, an American solar technology company entered into a 15-year, captive Power Purchase Agreement (PPA) with Cleantech Solar, a renewable energy solutions provider operating in India and Southeast Asia, the firm said. Under the agreement, Cleantech Solar will construct 150 megawatts (MW) of photovoltaic (PV) solar and 16.8 MW of wind-generating assets in Tamil […]

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Australia Witness Rise In EV Sales By 7.2 % In 2023

Federal Chamber of Automotive Industry (FCAI) an industry organization representing manufacturers said in its report, Australian new vehicle sales in 2023 a rose to a total of 1,216,780 vehicles during the year. This is estimated to be the highest sales figure was witnessed in 2017, sale of 1,189,116 units. The report mentioned that, in 2023, the […]

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Top 5 Countries With The Fastest Increase In Solar Capacity In 2023

As 2023 comes to an end and 2024 is upon is, it could be considered an interesting exercise in retrospect to look upon the countries that shone in terms of adding solar capacity in the past year, leading the rest of us into the future. Here are the top 5 countries with the fastest increase […]

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Could These Be Solar’s 5 Biggest Threats?

Solar has had a lot of time in the limelight, from being heralded as the energy source of the future to being the number 1 pick for home installation. However, a few other sources of energy have slipped under the radar and we’re here to talk about them for their potential to disrupt the rise […]

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Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector

For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […]

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Trina Solar’s 210mm Modules Hit 100 GW Milestone in 2023

Trina Solar has announced that by November-end, more than 100 GW of its 210mm modules had been shipped, leading the industry in terms of shipping, power production, and module dimension standardization. The 210 mm module hit the market in the year 2020. It has been the flagship offering from the global firm for the evolving […]

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My Vote Goes To String PV Inverters Against Central Inverters: Kevin George, Regional Sales Head, GoodWe

GoodWe is a leading global manufacturer and innovator of residential and commercial smart solar inverters, energy storage solutions and PV building materials. The brand stood among the top three solar PV inverters in Europe in 2022. Kevin George, Regional Sales Head, GoodWe (solar inverters in residential, C&I and utility sector) sheds light on the offerings […]

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