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Electricity Market

Europe’s First Blockchain Project to Stabilize the Power Grid Launches

The blockchain solution was developed by IBM while sonnen provides the pool of home energy storage systems that form the network and are operated by sonnen e-Services. The intelligent management of the energy storage systems adapts individually to the respective situation in TenneT’s grid. The first pilot project in Europe using decentralized networked home energy […]

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Hanergy Enhances its Green Development Efforts in the Transportation and Construction Industries

As a world leading thin-film solar company, Hanergy has been actively pushing forward green innovation, particularly in the transportation and construction industries, and combining solar power technology with car, construction and other consumer electronics. Hanergy Holding Group, China’s largest thin-film solar cell manufacturer, announced that following the call for “green development” at the recent 19th […]

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Grid-Tied Residential Energy Storage to Overtake Off-Grid Storage in US In 2017

A new report from GTM Research has determined that for the first time ever, grid-tied residential battery storage deployment will overtake that of the traditionally-leading off-grid and grid-independent battery storage systems across the United States in 2017. GTM Research published its latest report this week, U.S. Residential Battery Storage Playbook 2017, which details the battery […]

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Low Carbon Footprint Solar Panels from REC Group to Fuel the Green Building Revolution

REC Group offers high performance and low carbon footprint products enabling companies to power their properties and business while contributing to the collective efforts on mitigating climate change and protecting the environment. REC Group, the leading European brand for photovoltaic (PV) panels, stresses the need to explore viable solutions to realize net-zero energy or green […]

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Bifacials Changing Face of The Solar Industry

As solar technology has improved over the last decade, the prices have dropped exponentially as module efficiency has advanced. In recent years, there’s been a growing concern that we are approaching an efficiency ceiling. Bifacial solar cells and modules are making a big comeback as the photovoltaic industry is looking for more ways to generate […]

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USAID Announces 6.3 Million Dollars in Awards to Bolster Sub-Saharan Africa’s Off Grid Energy Sector

USAID has floated fund to provide capital to companies engaged in household solar-systems and micro-grids to expand operations. The United States Agency for International Development (USAID) awards 6.3 million dollars to facilitate in advancing off-grid energy solutions in sub-Saharan Africa. USAID has also announced several new awards at the Unlocking Solar Capital:  Africa Conference in […]

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UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India

UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […]

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Scatec Solar Closes Financing for 400MW Solar PV Plant in Egypt

The six solar PV projects totaling 400MW involving a total investment of USD 450 million are located in the Benban solar park in Aswan in Upper Egypt. Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions […]

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