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United States Hits 2 Mn Solar Installations, 4 Mn Expected by 2023: Report

The report forecasts that there will be 3 million installations in 2021 and 4 million in 2023, continuing the swift rise of solar. A new report has revealed that the United States has crossed the 2 million solar PV installations landmark. Progressing at an astonishing rate, the second million installations came in a period of […]

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Siemens Gamesa Becomes First Turbine Manufacturer with Investment Grade Rating

The company obtained a BBB- long-term credit rating, with a positive outlook, from Standard & Poor’s (S&P), and a Baa3 outlook stable rating from Moody’s.  Spanish renewable energy major, Siemens Gamesa Renewable Energy (SGRE) recently became the first wind turbine manufacturer to attain an investment grade rating. The company obtained a BBB- long-term credit rating, […]

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Washington Joins 100% Renewable Energy Clan, More May Follow

Washington Gov. Inslee gave a green signal to the law that made the state the fifth member of the 100% clean energy list in the US. On May 7, Washington became the latest state to join the clean energy race, when Gov. Jay Inslee signed a law requiring that 100 percent of the state’s electricity […]

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Vestas Reports Drop in Earnings in Q1 Results

Denmark-based turbine manufacturer and wind energy solutions provider, Vestas, recently issued its financial results for the first quarter (Q1) of 2019. The financial report revealed that in the first quarter of 2019, the company generated revenue of EUR 1,730 million, marking an increase of 2 percent compared to the same period last year. However, the […]

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India to Exceed Climate Compliance Commitments Under Paris Agreement

A new report has predicted that India will exceed the compliance commitment it made to address climate change through green energy installations under the landmark Paris agreement. Moody’s Investor Service, a global credit rating agency recently released its latest report, “Power Asia – Climate goals, declining costs of renewables signal decreasing reliance on coal power”. The report revealed […]

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Walmart Signs Deal With C2 Energy Capital For 46 Solar Projects Across US

C2 Energy Capital, LLC announced on May 8 that it executed 46 Power Purchase Agreements and leases with Walmart Inc. to provide solar power at the retailer’s operations in five states. Founded in 2014, C2 Energy Capital, LLC is an investor in renewable energy and storage assets. The Firm provides capital and support services for […]

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IEA Offers Insight to Morocco’s Energy Transition

The International Energy Agency (IEA) has in its latest in-depth review of Morocco’s energy policies, highlighted the institutional, legal and fiscal reforms undertaken to promote the sustainable development of the country’s energy sector. Since the last review in 2014, the agency noted the government’s positive efforts to boost renewable investment, provide access to electricity, and […]

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Tender For 170 kW Rooftop Solar Projects Issued in Haryana

The last date for bid submission is May 10, 2019 Bharat Heavy Electricals Limited (BHEL) has issued a tender, seeking bids from eligible parties for the deployment of 170 kW of grid-tied rooftop solar power projects at four locations in Haryana. The 170 kW tendered capacity will be developed as four different projects at the […]

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Sungrow Bags 400 MW Inverter Deal For Chile’s Largest Solar Plant

The solar PV farm in Copiapó, once completed, is expected to be the largest PV plant in the South American nation. Sungrow, one of the leading global inverter solution supplier for renewables, has signed an agreement with Enel Green Power Chile to supply its featured 1500V inverter solutions to a 400 MW PV farm in […]

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