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Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis

Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […]

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Battery Management System Market Is Projected To Reach $11.17 Billion By 2025: Report

According to a report published by Grand View Research, The growing penetration of UPS solution in businesses to counter data loss is expected to spur the demand for Battery Management System Market. Lithium-ion batteries are used in applications requiring high-energy density solutions.   According to a report, “Battery Management System Market Analysis By Battery Type […]

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APEPDCL Seeking Approval of Discom-Driven Solar Rooftop Program

In its petition, APEPDCL has asserted that this program will lead to reduced cost of rooftop solar PV systems for consumers, ensure quality, address the challenge of interconnection delays and enable adoption of rooftop solar PV by low-end consumer segments. The Eastern Power Distribution Comp-any of Andhra Pradesh (APEPDCL) has filled a petition with the […]

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GE Renewable Energy Secures First Order For Cypress Platform

GE Renewable Energy will supply its largest onshore wind turbine for Prowind’s project in Bavaria. GE Renewable Energy has been selected by Prowind GmbH to provide three Cypress units for the Elfershausen project in Germany. This marks the first order for GE’s Cypress platform, the company’s largest onshore wind turbine in the field. Prowind will operate […]

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Sterlite Power Joins Hand with Other Transmission Players to Form QHSE Charter

Further, these benchmarks will focus on institutionalizing Quality and HSE practices in India. Power transmission infrastructure developer Sterlite Power has joined hands with the country’s other leading power transmission companies to announce common benchmark practices for Quality, Health, Safety and Environment (QHSE) in the power sector. Further, these benchmarks will focus on institutionalizing Quality and […]

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Sydney Sets 100% Renewables Target For 2030

The city of Sydney has set an ambitious target of meeting 100 percent of its energy demands from renewable energy sources. “With our energy supply contract set to expire at the end of this year, we’re diving head first into Sydney’s renewable future by increasing our renewable electricity target from 50% to 100%,” a statement […]

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SolarMaxx Brings a Solar Carport at Mahaveer Cancer Hospital

Solar Installations over your car parking areas, or carports as they are known, offer a convenient and effective option for institutions to start their solar journey. Here, we have the case of a healthcare institution traveling down that path. SolarMaxx, a leading PV module manufacturer in the country, has installed a solar carport at Mahaveer […]

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$130 Mn Grant For Early-Stage Solar Research Project

The U.S. Department of Energy (DOE) announced up to $130 million for new research to advance early-stage solar technologies. These projects will help to achieve affordable and reliable energy to enhance America’s economic growth and energy security. “Solar is an integral part of the Administration’s ‘all-of-the-above’ energy strategy,” said U.S. Secretary of Energy Rick Perry. “This cutting-edge, […]

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