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Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects

HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind  and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm.  HFE signed an agreement with IFC […]

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Global BIPV and BIOPV Market expected to reach USD 31.14 billion by 2024

Solar PV,  BIPV and BIOPV Market Share will be reaching to SD 31.14 billion by 2024 The global Solar PV, BIPV and BIOPV market size is expected to reach USD 31.14 billion by 2024, according to a new report by Grand View Research. Rising adoption of solar energy generation by renewable sources without comprising on […]

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Interview with Kushagra Nandan, President, COO & Co-Founder, SunSource Energy

SunSource Energy develops, engineers, procures, constructs, and operates solar power plants and projects, to help Clients in institutional, industrial, commercial and non-profit sectors use solar energy more intelligently and efficiently. Kushagra Nandan, President, COO  & Co-Founder, SunSource Energy in an exclusive tête-à-tête with Santanu Mukherjee, Sr. Journalist, Saur Energy International shares about the challenges in […]

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VivoPower International and Arowana Inc. Announce Completion of Business Combination

VivoPower International PLC, a global next generation solar power company, and Arowana Inc. announced the closing of their business combination transaction. Pursuant to the transaction, ARWA contributed approximately $16.8 million in cash to VivoPower in exchange for 6,088,200 newly issued VivoPower ordinary shares, which are to be distributed to holders of ARWA’s ordinary shares, rights […]

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Singyes Solar Technologies wins a 100 megawatt solar farm tender in Uzbekistan

China Singyes Solar Technologies Holdings, a China-based EPC and project developer has announced that it has bagged EPC contract for a 100MW solar farm in the Samarkand Province of the Republic of Uzbekistan from Uzbekenergo.  Uzbekenergo is a state-owned company of the Republic of Uzbekistan and is the investor of the Project. The Project is […]

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Thin Film Solar Cells Market Size to Exceed $30bn by 2024: Global Market Insights

Global Market Insights forecasts the thin film solar cells market size to exceed USD 30 billion by 2024. The research firm notes that strong concerns towards fossil fuel depletion with stringent regulations to reduce greenhouse gas emission will drive global thin film solar cells market share. Financial incentives including tax rebate, subsidies, net metering, FIT, […]

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Vikram Solar appoints Nimish Jain, Jinko Solar’s Deputy Director APAC as Head of Global Module Sales

Vikram Solar has announced the appointment of its new Head of Global Module Sales- Nimish Jain. In the given role, Nimish would be responsible for driving sales in both domestic and international markets. He would also supervise the accomplishments of targets and P&L of the year, along with recruiting and managing the sales team. Talking […]

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Scatec Solar partners with local ItraMAS-led consortium to build 200 MW PV in Malaysia

Scatec Solar has entered the Malaysian large-scale solar energy market by joining forces with a local ItraMAS-led consortium that has signed three 21-year Power Purchase Agreements (PPAs) with the country’s largest electricity utility, Tenaga Nasional Berhad (TNB). The partnership covers three solar projects totaling nearly 200 MW and involves a total investment of close to […]

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String Inverter Market to Reach $3 Billion by 2021: Research and Markets

Research and Markets in its latest report “String Inverter Market – Global Forecast to 2021” forecasts the String Inverter Market to Reach $3 Billion by 2021 and grow at a CAGR of 8.29% during the time frame. The research firm notes that decrease balance of system cost, remove systems monitoring capabilities, and easy installation & […]

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