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Momentum Solar

Good, But Not Good Enough: Solar Energy Growth in Light of the Paris Agreement

From December 2-13, UN Secretary-General António Guterres is hosting the UN Climate Change Conference (COP25) in Madrid, where global leaders are discussing their environmental agendas and specifying their nationally determined climate contributions. With solar playing a key role in the decarbonization of the energy sector, it is time for REC Group to take stock of […]

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ReneSola Sells 13 MW Solar Project Rights in Poland

ReneSola has sold 13 MW of project development rights to SUNfarming Polska, a Wroclaw-based investor with in-house project development and EPC provider ReneSola, a leading fully integrated solar project developer, has announced the sale of 13 MW of project development rights to SUNfarming Polska, a Wroclaw-based investor with in-house project development and EPC provider and […]

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Solar Inverters Ready For the Spotlight

For most people, thinking of solar usually brings to mind solar panels, the distinctive signature of solar energy. But this story takes a look at another critical part of the solar chain, the inverters. These devices, tasked with the job of converting DC power to AC and more, have been largely taken for granted, even […]

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Uzbekistan’s PPP Based 900 MW Solar Tender, Gets IFC Backing

Uzbekistan has signed a mandate with IFC, to develop up to 900 MW of solar power through public-private partnerships (PPPs). Uzbekistan is advancing quickly to diversify its energy matrix and meet its target to develop up to 5 gigawatts (GW) of solar power by 2030. The country has signed a mandate with the International Finance […]

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Can Rooftop Solar be the Game Changer to Achieve India’s Ambitious Solar Target?

India is on its way to phase out fossil-based energy generation and adopt green energy. The growing population and the need for energy align with India’s transition initiatives, thus satisfying energy demands and in the process reducing the carbon footprint. The country’s per capita energy consumption currently stands close to one-third of the world’s average. […]

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Will Rooftop Solar Rescue India’s Faltering Solar Target – Plus: 5 States Where The Numbers Will Matter

Zero. That’s the number of fresh utility scale solar and wind projects commissioned in August 2019 through Solar Energy Corporation of India (SECI), India’s premier agency for executing them. While the corporation is not seeing a zero month for the first time, the fact remains that in 2016-17, when momentum was picking up sharply, not […]

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Growatt 2nd Amongst Chinese Firms for Solar Inverters Exports in H1 2019

The global solar market is booming, and Chinese inverter exports reached a record level in the H1 2019, Growatt came after Huawei in the 2nd place with 86,153 inverter exports The global solar market is booming, and the Chinese inverter exports reached a record level in the first half of 2019. According to the data […]

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Neoen Bags Two Solar Projects Worth 108 MW in Europe

Neoen has been awarded two solar projects in Portugal and France worth a total combined capacity of 108 MW. Neoen, one of the world’s leading and fastest-growing independent producers of exclusively renewable energy has announced that it has been awarded two solar projects in Portugal and France worth a total combined capacity of 108 MW. […]

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Vivint Solar Secures $325 mn Credit Facility

Vivint Solar has closed a $325 million revolving warehouse credit facility, which refinanced the aggregation credit facility that was set to mature in 2020. Vivint Solar, Inc a leading full-service residential solar provider, has announced that it has closed a $325 million revolving warehouse credit facility, which refinanced the aggregation credit facility that was set […]

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