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Momentum Solar

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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Union Budget 2019: A Mixed Bag for the Solar Industry

As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […]

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Solar PV Jobs in India Surge; Top Markets See Slump: IRENA

Despite slower growth in key renewable energy markets including China, jobs in renewables grew to their highest level on the back of many more countries adopted manufacturing, trading and installation of renewable energy technologies. The employment in solar photovoltaic (PV) industry witnessed a surge in India, Southeast Asia and Brazil in 2018, whereas major markets […]

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Move to add Momentum to Charging Station Build Up Coming

Close on the heels of Uttar Pradesh’s policy prescription for charging stations, the central government is set to unveil its own subsidy proposals for all states. The proposal is a follow up to the Fame 2 subsidy proposals, which have shifted the benefits of subsidies to public transport and two-wheelers. The FAME India Scheme (Faster […]

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Market Consolidation will Promote R&D and Growth of Solar: Heraeus

Heraeus Photovoltaics has stated that there is strong evidence that the PV market continues to outperform forecasts. Additionally, current industry consolidation will actually set the stage for a period of high-impact, uncapped innovation. Those insights were some of the major themes of an industry briefing by Heraeus Photovoltaics President Martin Ackermann at the 2019 SNEC […]

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Signify Innovations Predicts Growth in Solar Lights Segment

Signify Innovations India is expecting a good opportunity in the solar lights segment going forward, not only from the rural market but also from the urban market. Signify Innovations India (earlier Philips Lighting India), with 29 million connected light points worldwide is expecting good opportunity in the solar lights segment going forward, not only from the […]

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Siemens Gamesa Commissions Lakshmi Machine Work’s 10 MW Solar Plant

Clean energy solutions provider Siemens Gamesa has commissioned 10 MW solar power project for Lakshmi Machine Works (LMW) in Tamil Nadu. As part of the contract, Siemens Gamesa provided an EPC (engineering procurement and construction) solution that included engineering and design of the solar farm, procurement, erection and commissioning of the 10 MW photovoltaic (PV) solar farm near Coimbatore in Tamil Nadu, […]

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JinkoSolar: A Big Jump in Sales and Margin in 2018

Chinese Solar module manufacturing giant JinkoSolar has reported a sizeable jump in its shipments and margins in 2018. The news was revealed in the company’s 2018 financial results, published March 22. For 2018 on a consolidated basis across its business, JinkoSolar posted a module shipment of 11.4GW in 2018 — a 16 percent increase from the previous year, […]

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