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Prominent Inverter Manufacturer Sineng Electric Exhibits its Products at REI 2017

Sineng Electric launched the EP-2500- HA-OD central inverter. With 1500V DC voltage, maximum efficiency of up to 99.02% and 2.5MW unit integrated design, the EP-2500- HA-OD helps reduce the initial investment cost and increases the income from power generation significantly. Leading global solar inverter manufacturer Sineng Electric presented its product line-up at the 2017 Renewable […]

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ADB to Help Develop Rooftop Solar Power Systems in Sri Lanka

Apart from extending $50 million loan, ADB will also administer a $1 million technical assistance from the Asian Clean Energy Fund under the Clean Energy Financing Partnership Facility to help build capacity, increase awareness of stakeholders, and support the project’s implementation in Sri Lanka. The Asian Development Bank’s (ADB) Board of Directors has approved a […]

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ADB Expands Clean Energy Project in India with AIIB Co-financing

The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […]

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TMEIC Setups a Newly Established Power Electronics Factory in Karnataka

The newly established a factory of TMEIC is built to further reinforce company’s power electronics business in India. Toshiba Mitsubishi-Electric Industrial Systems Corporation (hereinafter, “TMEIC”; President & CEO Masahiko Yamawaki) has newly established a power electronics factory in Tumakuru district near Bengaluru, Karnataka State, in India. The new factory which is expected to be fully […]

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ABB and Northvolt Partner for Europe’s Largest Battery Factory

Northvolt will build Europe’s largest and most advanced lithium-ion battery factory in Sweden. Supported by ABB’s industrial automation expertise, the factory will supply European customers in the automotive and key industries with high quality and customizable battery solutions. ABB and Northvolt have signed a Memorandum of Understanding (MOU) for a wide-ranging supply and technology partnership, […]

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Fate of Paris Climate Accord

“WE’RE GETTING OUT.” These were the words that made headlines in the entire world, and were used specifically by the US President Donald Trump to signify America’s exist from the Paris Climate Agreement. The Republican Party Premier cited a number of negative statistics about the predicted economic impact from the climate deal, including a $3 […]

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JLM Energy announces $25-million project finance investment

The investment was arranged by GoldenSet Capital Partners as subadvisor to the North Sky Alliance Fund II. CohnReznick Capital was the advisor to JLM Energy in this transaction. JLM Energy, a renewable energy technology company, has announced that it has secured $25 million to finance distributed energy storage projects for Commercial & Industrial (C&I) customers. […]

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REC Group Receives Prestigious Solar + Power Award for Its Twinpeak 2 Solar Panel

The ‘Silicon Module Award’ category recognizes achievements in delivering high quality products that establish, support or exceed industry standards. This is the second Solar + Power industry award for REC Group and the second time its innovative TwinPeak technology based on half-cut multicrystalline PERC cells has been awarded. REC Group has again been distinguished with […]

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Siemens Gamesa Wins First Order For a Hybrid Wind-Solar Project in Karnataka

The Wind Solar Hybrid (WiSH) project constitutes the hybridization of an existing 50 MW wind farm with a 28.8 MW solar power plant to be executed in the state of Karnataka, the company said in a statement. Siemens Gamesa has been mandated to develop India’s first large commercial hybrid wind-solar project, where a 28.8-MW solar […]

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