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Germany Approves NECP, Targeting 30% Renewable Energy by 2030

The Germany Government has finally approved its 2030 National Energy and Climate Plan (NECP), aiming for 30 percent renewable energy by 2030. The Germany Government, just 20 days ahead of its EU Council Presidency starting in July, has finally approved its 2030 National Energy and Climate Plan (NECP). The country has also adopted a new […]

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Huawei Showcases New Product Line Virtually

Huawei, the global inverter market leader, has not allowed the pause in industry events and shows to stop its own product launches and displays. The company organised its first global FusionSolar Smart PV virtual show with a live broadcast to customers and partners in Asia Pacific, Europe, Latin America and the rest of the world […]

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Growatt Third Behind SolarEdge, SMA in Single Phase Inverter Shipments

Growatt with 11% market share of single-phase inverters in 2019, finished in the third-place in the PV Inverter Market Tracker by IHS Markit. Growatt, a leading Chinese manufacturer of PV string inverters took over 11 percent market share of single-phase inverters worldwide in 2019, coming in the third-place after SolarEdge and SMA according to PV […]

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Aalborg CSP Buys Unique PTES Technology from Arcon-Sunmark

Aalborg CSP, a Danish renewable and energy storage specialist, has acquired all rights and patents for the unique Pit Thermal Energy Storage (PTES) technology from Arcon-Sunmark A/S, a solar energy equipment supplier in the country. Now, this patented unique PTES technology, including a unique lid design, will be continued by Aalborg CSP for its global […]

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Mitsubishi to Buy Sharp Factory to Expand EV Power Device Biz

With an aim to tap the rising market demand for power devices used in the electric vehicles (EV) sector, Japanese electronics giant Mitsubishi Electric Corporation has entered into an agreement with Sharp Corporation to acquire land and buildings from Sharp Fukuyama Semiconductor Co Ltd. Sharp Fukuyama Semiconductor is a wholly-owned subsidiary of Sharp Corporation which […]

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Vestas Wins Turbine Order in Poland and Service Agreements in Australia

Vestas has announced two new orders. The first for 36 MW wind turbines in Poland, and second a service order for Senvion turbines in Australia.   Onshore wind major, Vestas has announced that it has won its fourth order from the latest Polish auction round for a total order intake of more than 350 MW. […]

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Ford and VW Sign Agreements for Joint Projects Including EVs

Ford and Volkswagen AG (VW) have signed agreements that expand their global alliance by agreeing to work on joint projects including EVs Two of the leading global automobile manufacturers, Ford and Volkswagen AG (VW) have announced they have signed agreements that expand their global alliance to meet rapidly evolving needs of their respective customers in […]

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ReneSola Joins Consortium Developing 30 MW Solar Plant in France

ReneSola has announced it will participate in a consortium to develop a large-scale ground-mounted solar plant in the south of France. ReneSola, a leading fully integrated global solar project developer, has announced that it will participate in a consortium to develop a large-scale ground-mounted solar plant in the south of France. The plant is expected to produce […]

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EIB Grants €450 Mn Credit Line for 497 MW Offshore Wind Farm

EIB has granted a EUR 450 million credit line to a consortium of EDF, Enbridge and wpd to co-finance the construction of 497 MW Fecamp offshore wind farm. The European Investment Bank (EIB) has announced that it has granted a EUR 450 million credit line to a consortium made up of EDF Renouvelables, Enbridge and […]

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