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SECI Extends Bid Deadline for 14 MW Solar Plus BESS Again

SECI has again extended the bid submission deadline for its tender for the development of 14 MW of solar projects along with 42 MWh of BESS The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for the development of 14 MW of solar power projects along with 42 […]

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Siemens Gamesa Secures 312 MW Turbine Order in Brazil

Siemens Gamesa has secured its first order in Brazil for its next-generation 5.X platform, to supply 52 of its new turbines for the 312 MW Tucano wind farm. Siemens Gamesa Renewable Energy has announced that it has secured its first order in Brazil for its next-generation platform, the Siemens Gamesa 5.X. Following recent deals to […]

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Vestas Secures Turbine Orders Worth 301 MW in China

Vestas has announced that it has secured two new orders for wind turbines in China worth a combined 301 MW. Vestas has announced that it has secured two new orders for wind turbines in China worth a combined 301 MW. The first order has been received for a project that includes the supply of 56 […]

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BayWa Secures Tax Equity Commitment for its 250 MW Wind Project

BayWa r.e. Wind has secured a tax equity commitment from a consortium led by GE Energy Financial Services for its 250 MW Amadeus Wind project in Texas. BayWa r.e. Wind, part of the BayWa Group, has announced that it has secured a tax equity commitment from a consortium led by GE Energy Financial Services for its 250 […]

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Electricity Storage Valuation Framework

Electricity storage could be a crucial factor in the world’s transition to sustainable energy systems based on renewable sources. Yet electricity markets frequently fail to account properly for the system value of storage. This report from the International Renewable Energy Agency (IRENA) proposes a five-phase method to assess the value of storage and create viable […]

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IHS Markit Predicts a 16% YOY Drop in Solar Capacity Additions in 2020

Even as estimates and predictions on the impact of the Coronavirus pandemic on the renewable energy, and solar sector in particular are announced and updated with each passing week, comes a specific prediction from IHS Markit. The global research and analytics firm has predicted a degrowth of as much as 16 percent in global solar […]

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Renesola, Zhongnan Group in $100 Million Investment Agreement

Shanghai Headquartered ReneSola, which recebtly crossed the 20 GW milestone in cumulative module sales, has announced a USD 100 million strategic investment agreement with Zhongnan Industry (a subsidiary of Zhongnan Holding Group). The announcement was made on March 31st at the official signing ceremony of the Supply Chain Cooperation Agreement between ReneSola Yixing Co., Ltd. […]

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Covid Impact: 5 GW Solar Projects in US at Risk

Energy Research and Analysis firm Wood Mackenzie has come out with its projections for the impact of Coronavirus on the US solar market. And it makes for grim reading. The worst case scenario in the report projects that 5 gigawatts (GW) of big US solar energy projects could suffer delays this year if construction is […]

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China PV Inverter Exports in February 2020. 41% Contraction, Sungrow Leads

In some much awaited numbers for February, data from customs and research agencies shows that PV inverter exports from China contracted 41 percent over January. The March outlook remains unpredictable of course, as manufacturing is back on track in March in China, but he virus has had the biggest impact in the rest of the […]

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