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EC Approves EUR 53 Mn Scheme for EV Charging Stations in Romania

The European Commission has approved the EUR 53 million scheme to support the creation of a network of charging stations for EVs in Romania The European Commission (EC) has found plans to support the creation of a network of charging stations for electric vehicles (EV) in Romania to be in line with EU State aid […]

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Global CO2 Emissions Flatlined in 2019, Thanks to Expanding Role of Renewables

Despite widespread expectations of another increase, global energy-related carbon dioxide emissions stopped growing in 2019, according to the IEA Despite widespread expectations of another increase, global energy-related carbon dioxide (CO2) emissions stopped growing in 2019, according to new IEA data released recently. After two years of growth, global emissions were unchanged at 33 gigatonnes in 2019 […]

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JinkoSolar Retains top Spot in Global Solar PV Module Shipments for 2019: GlobalData

JinkoSolar has emerged as the leading company in terms of global solar photovoltaic (PV) module shipments in 2019, GlobalData has revealed Chinese solar module manufacturer JinkoSolar has emerged as the leading company in terms of global solar photovoltaic (PV) module shipments in 2019, securing the top position in GlobalData’s 2018 ranking produced last year. The […]

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EBRD Grants $37 Mn Loan for Expansion of Wind Project in Turkey

EBRD has approved a loan worth USD 37 million for financing the expansion of the Kiyikoy wind project in the northwest of Turkey. The European Bank for Reconstruction and Development (EBRD) has approved a loan worth USD 37 million giving a boost to renewable energy production in Turkey by financing the expansion of the Kiyikoy […]

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SolarEdge to Supply Enfindus With Inverters for 1 GW of Solar Projects

SolarEdge has entered into a contract to supply smart energy products including inverters and power optimisers for 1 GW of solar projects with Enfindus. SolarEdge Technologies, a global leader in smart energy, has announced that it has entered into a contract to supply smart energy products and solutions, including inverters and power optimisers for 1 […]

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Solar Power to Become Cheaper and More Efficient in 2020s: Report

Solar system prices will continue to become cheaper over the next decade, driven by advances in module efficiency, manufacturing, labour practices, and software, a new analysis has revealed. Solar system prices will continue to become cheaper over the next decade, driven by advances in module efficiency, manufacturing, labour practices, and software, according to Wood Mackenzie. […]

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Vestas Signs Turbine Supply Agreements for 160 MW in Finland

Luxcara and Vestas have closed turbine supply agreements and long-term service agreements for the three wind projects worth 160 MW capacity in Finland. Luxcara, an independent asset manager in the global renewable energy market, and Vestas have closed turbine supply agreements and long-term service agreements for the three wind projects Välikangas, Pihtipudas and Sievi in Finland. […]

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Siemens Gamesa Sees 82% Growth in Orders, Despite Hard First Quarter

Siemens Gamesa has reported an 82% increase in orders intake, with firm orders rising to EUR 4,628 million in the first quarter of FY 2020. Rising demand for wind power as a response to the transition towards non-polluting energies drove commercial activity for Siemens Gamesa in the first quarter of FY 2020. The company has […]

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Lightsource BP Secures Debt Facility for 250 MW Solar Cluster in Spain

Lightsource BP has signed a senior debt facility with NatWest Markets to fund its first Spanish solar project cluster of 250 MW in the province of Zaragoza. Lightsource BP, a global leader in the development, financing, and operation of solar power projects has announced that it has signed a senior debt facility with NatWest Markets […]

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