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Europe

Renewable Energy Will Be Reaching 49 percent in India by 2040: BNEF

“Wind and solar energy account for 48 percent of installed capacity and 34 percent of electricity generation world-wide by 2040. This is compared with just 12 percent and 5 percent today. Installed solar capacity increases 14-fold and wind capacity fourfold by 2040. We anticipate renewable energy reaching 74 percent penetration in Germany, 38 percent in […]

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ENEL, IMM Signs an Agreement to Creates Laboratory for the Study of Renewable Energy Technologies

The structure, which will be located at the Enel Innovation Lab in Catania, in agreement with the Institute for Microelectronics and Microsystems (IMM) of the National Research Council, will be mainly dedicated to the development of solar cells and innovative, very-high-efficiency photovoltaic systems Enel, acting through the Enel Green Power Renewable Energy Division (EGP), has […]

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EBRD Invests in Second Solar Park in Kazakhstan

The EBRD’s investment in the southern Zhambyl region follows Burnoye Solar Park -1, the award-winning first utility-scale renewable energy project in Kazakhstan under the new legislation which enabled private investment in the sector. The European Bank for Reconstruction and Development is financing the 50 MW Burnoye Solar Park-2 project in Kazakhstan in partnership with the […]

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RenewSys Launches Production of India’s First 5 BB Solar Cells, Completes Ramp up of its Cell Line

RenewSys will start commercial production of its 5BB Solar PV Panels/Modules from July 2017 onwards. RenewSys, India’s first & only integrated manufacturer of Solar PV Modules & its components- Encapsulants, Backsheets and PV Solar Cells, became the first Indian company to launch the production of five Bus Bar (BB) Solar Photovoltaic (PV) Cells. The 5BB […]

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EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt

The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […]

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Trump announces US withdrawal from Paris climate accord, prompts furious global backlash

Trump announced America’s shock withdrawal from the Paris climate accord Thursday, prompting a furious global backlash and throwing efforts to slow global warming into serious doubt. President Donald Trump announced America’s shock withdrawal from the Paris climate accord Thursday, prompting a furious global backlash and throwing efforts to slow global warming into serious doubt. In […]

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Huawei Unveils Smart Inverter Solution for Future Smart Homes

The Residential Solar Smart Inverter System from Huawei offers power optimization, energy storage and smart home integration through its simplified plug & play configuration. Huawei Technologies has launched its first smart inverter solution to the global residential solar photovoltaic (PV) market. The Huawei FusionHome Smart Energy Solution has been specifically designed from the bottom-up to […]

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CONQUEST Acquires 6 Solar PV Parks in France from Solairedirect

Solairedirect’s portfolio of six solar PV parks, located in the South of France, represents a total of 35MW power capacity. CONQUEST Asset Management has announced that it has reached a final agreement with Solairedirect, to acquire a portfolio of six solar PV parks in France. Solairedirect’s portfolio of six solar PV parks, located in the […]

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