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Electricity Market

Wells Fargo Enters its Largest Solar Energy Deal

Wells Fargo has announced a 10-year structured renewable energy agreement for procuring nearly 62,000 MWh of solar energy annually to power its Texas operations. Wells Fargo has announced a 10-year structured renewable energy agreement with Reliant, an NRG Energy company, for procuring nearly 62,000 Megawatt-Hours of solar energy annually to power a bulk of its […]

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Global Solar PV Capacity Expected to Exceed 1,500 GW by 2030

The global solar PV capacity is estimated to increase significantly from 593.9 GW in 2019 to 1,582.9 GW in 2030, a new report has revealed. Global solar photovoltaic (PV) capacity is estimated to increase significantly from 593.9 gigawatts (GW) in 2019 to 1,582.9 GW in 2030 following significant capacity additions by China, India, Germany, the […]

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Scatec Solar Commissions 390 MW Benban Project in Egypt

Scatec Solar has grid-connected the last of the six 65 MW solar power plants in Egypt, marking the completion of the 390 MW Benban solar project in Egypt. Scatec Solar and partners have grid-connected the last of the six 65 MW solar power plants in Egypt. This marks the completion of the 390 MW Benban […]

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Winds of Change are Blowing in Africa: GWEC

The African continent is set for growth, the population is expected to grow by 1.4 percent each year until 2030. GDP is expected to grow by 4 percent. This development is demanding huge investments in infrastructure including the energy markets to keep up with the growth, access to electricity being one of the main challenges […]

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Fortum, Rusnano to Build Wind Projects Worth 200 MW in Orenburg

The Fortum-Rusnano wind investment fund has signed a non-binding cooperation agreement for the construction of wind farms worth 200 MW in Orenburg. The Fortum-Rusnano wind investment fund, a joint venture established by Fortum and Rusnano on a parity basis, and the Government of Orenburg Region in Russia have signed a non-binding cooperation agreement that envisages […]

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Risen Energy Wins 150 MW Module Order in Malaysia

Risen Energy has received an order to provide 150 MW of high-efficiency solar PV modules to power up a power station in Malaysia. Chinese solar panel maker Risen Energy has recently announced the receipt of an order to provide 150 MW of high-efficiency solar PV modules to a power station in Malaysia. The order for […]

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New Technologies – Opportunity for Indian Solar Manufacturers

While more solar modules are being installed and the Indian photovoltaic market is growing noticeably, the vast majority of all solar modules, especially solar cells, are still imported from China. Other countries around the world also source their solar modules in China but there seems to be a shift in thinking. In view of the […]

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Canadian Solar Wins 393.7 MW Solar Project in Brazil

Canadian Solar has been awarded three solar projects totaling 393.7 MW in two recent Private Corporate Auctions held in Brazil. Canadian Solar, one of the world’s largest solar power companies, has announced that it has been awarded three solar photovoltaic (PV) projects totaling 393.7 MW in two recent Private Corporate Auctions held in Brazil in the third […]

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EESL, NIIF Partner for Smart Meters Deployment Across India

EESL and NIIF have announced a new JV, IntelliSmart Infrastructure to implement, finance and operate the smart meters roll-out program of Discoms in India. Energy Efficiency Services Limited (EESL) and National Investment and Infrastructure Fund (NIIF) have announced a new Joint Venture, IntelliSmart Infrastructure Private Limited, to implement, finance and operate the smart meters roll-out […]

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