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Quercus Sells 320 MW of Renewable Assets to Green Arrow

Green Arrow and Quercus have signed an agreement for the sale of 100 percent of the management company QAS, which holds 320 MW in renewable energy assets Green Arrow Capital (GAC) and Quercus Investment Partners have signed an agreement for the sale of 100 percent of the management company Quercus Assets Selection (QAS), to GAC, […]

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SunPower to Supply Clean Solar Energy to Chevron’s Lost Hills Oil Field for 20 Yrs

Also, it is expected that the project will produce over 1.4 billion kilowatt hours of clean solar power during its tenure of 20 years. California-headquartered SunPower has entered into a 20 year power purchase agreement (PPA) to supply renewable energy to Chevron’s Lost Hills Oil Field. Moreover, the company has also started construction on the […]

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Siemens Gamesa Gets Firm Order for 376 MW Offshore Wind Project

Siemens Gamesa received a firm order from partners Macquarie’s GIG and Swancor Renewable Energy for the 376 MW Formosa 2 offshore wind project. The launch of the 376 MW Formosa 2 offshore wind farm project in Taiwan took a step closer to construction after Siemens Gamesa RE announced that it has received a firm order […]

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Is Chindia the Answer to India’s Manufacturing Puzzle?

When it comes to manufacturing in Solar, it is not a rankings fight globally. China settled that some time ago. By 2012 to be accurate. It’s a fight for the other 30 percent market share, be it with breakthrough innovations, temporary tariff protections or sheer cussedness as the US is doing right now. But eventually, […]

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Huawei Unveils its FusionSolar Smart PV Soln at All-Energy Australia

This holistic solution helps in lowering the levelised cost of energy (LCOE). China-based one of the leading photovoltaic (PV) inverter manufacturers Huawei has launched its latest FusionSolar 6.0 Smart PV Solution and SUN2000-185KTL smart solar inverters for the Australian solar market. The company has showcased its latest products rang at the All-Energy Australia conference in […]

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ABB Acquires Chinese EV Charging Provider Chargedot

ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology, a leading Chinese e-mobility solution provider. ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology Co., Ltd. (Chargedot), a leading Chinese e-mobility solution provider. The transaction is expected to be completed in […]

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RES Secures Permit for Wind Plus Storage Project in Australia

RES has secured planning permission for the 185 MW Twin Creek Wind Farm and battery storage facility in Adelaide. RES, one the world’s largest independent renewable energy company, has secured planning permission for the 51-turbine Twin Creek Wind Farm and battery storage facility, 90 km to the north of Adelaide. Following development consents for the […]

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Macquarie Acquires Additional Stake in Welsh Offshore Wind Farm

Macquarie has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Macquarie Infrastructure and Real Assets (MIRA) has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Gwynt y […]

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US Non-Residential Storage Market to Grow 10-Fold by 2024

Non-residential storage system costs will fall by 27% in the US by 2024 and that this will help drive a tenfold growth in the market in that period New research has revealed that non-residential storage system costs will fall by 27 percent in the US over the next five years and that this fall in […]

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