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Sungrow Supplies Inverters for 100 MW Solar Plant in Hungary

Solar PV inverter solutions provider – Sungrow has announced that it has supplied its medium-voltage inverter solutions to a 100 MW solar plant in Kaposvàr, south-west Hungary, which is one of the largest solar projects and biggest investment of this nature in entire Central Europe. Committing to support Hungary’s climate policy targets, including energy production […]

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ARENA to Fund USD 12.9 million to AEMO for its Distributed Energy Project

The Australian Renewable Energy Agency (ARENA) has today announced USD 12.9 million in funding to the Australian Energy Market Operator (AEMO) for the development of a major Victorian Distributed Energy Resources (DER) Marketplace trial named Project EDGE (Energy Demand and Generation Exchange). Project EDGE is a multi-year project to demonstrate an off-market, proof-of-concept Distributed Energy […]

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CIT Serves as Coordinating Lead Arranger for $256 Million Texas Solar Financing

CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250-megawatt (MW) Taygete I Energy Project owned by 7X Energy, Inc (7X) and located in Pecos County, Texas. 7X Energy is a leading utility-scale solar developer, owner, and asset manager that has originated 1,350 (MWac) of solar […]

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China & India Remained Biggest Emerging Markets for Clean Energy Investments: BNEF

According to a new report by BNEF, China and India remained the biggest emerging markets for clean energy investment As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as solar projects reached 325 gigawatts (GW), up from just 1 GW […]

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SECI Extends EOI for Empanelment of Agencies for Work in E-Mobility Space

SECI has extended its EOI for empanelment of agencies for the identification & implementation of business opportunities in the e-mobility space The Solar Energy Corporation of India (SECI) has extended its EOI for empanelment of agencies for the identification and implementation of business opportunities in the electric mobility (e-mobility) space in line with the national […]

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Seraphim to Set Up 750 MW Module Production Factory in Vietnam

Solar products manufacturer Seraphim Solar has announced its investment in a 750 MW module assembly factory in Vietnam. The global supply capability of Vietnam’s enterprise resilience will get enhanced by using Seraphim’s 500W S3 series half-cell modules and 250W S4 series half-cell modules. Jun Zhuge, Executive Vice President of Seraphim, commented, “This factory is designed […]

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NextEra in the US, Adani Green In India, More Similar Than They Seem

One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […]

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IRENA and AfDB to Scale up Renewable Investments in Africa

IRENA and AfDB have agreed to work together to advance energy transition through initiatives that support renewable investments in Africa The International Renewable Energy Agency (IRENA), and the African Development Bank (AfDB), have agreed to work closely together to advance the energy transition in Africa through joint initiatives that support investments in low-carbon energy projects. […]

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NuGen Capital Announces Largest Single Rooftop Solar Project in Rhode Island

NuGen Capital Management, LLC (NuGen) starts construction of a 6.76 MWdc rooftop solar power system in the company’s home state of Rhode Island. The project, comprised of over 16,000 solar panels, is being installed by AUI Partners on a 560,000 square foot warehouse in East Greenwich, Rhode Island. Full commercial operation of the project is […]

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