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Solar Business: Greenlight Planet Raises $60 Million led by Apis Partners

Greenlight Planet will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in Africa and Asia Renewable energy firm Greenlight Planet Inc has raised $60 million in a funding round led by London-based private equity fund manager Apis Partners. The debt and equity round, which was […]

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More Than 7.5MW of Projects are Installed By Gurugram’s Ultimate Sun Systems in Haryana

The company is also targeting to have expertise in conceiving, developing, and installing solar power plants for 25 new corporate clients in Haryana. Ultimate Sun Systems has now installed more than 7.5MW of Solar capacity projects in the developing state of Haryana in the FY 2016-2017.The benchmark has been by installing successful projects like a […]

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World’s Largest OPV System Installed on French School Roof

The goal of this experimental project is to open the door to longer term and large-scale development of OPV technology. French multinational Engie has inaugurated the world’s largest organic photovoltaic (OPV) system on a roof at a school in France, with Heliatek’s technology. The 530m2 roof of the Pierre Mendès-France secondary school, in La Rochelle, […]

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Developing World Says Rich Nations Shirking On Climate Change Pledge

The climate change pact rests on voluntary carbon-cutting pledges from virtually every country in the world. The failure of wealthy nations to deliver on short-term climate commitments could hinder the rollout of a landmark treaty, a bloc of 134 developing countries, including India and China, warned today at UN negotiations in Bonn. The diplomatic spat […]

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India’s Effort in Renewable Energy Led To Drop in Solar Price

US Senator Merkley during the hearing on Energy and International Development stated that because of India’s effort in renewable energy there has been a considerable drop in solar price. India’s massive effort towards renewable energy has resulted in considerable drop in solar price and the country now believes that the solar power is cheaper than […]

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China Gets Its First Modularized and Pre-installed Battery Energy Storage Power Plant

TheModularized and Pre-installed Battery Energy Storage Power Plant is located inside the factory of Four Seas in Suzhou, and the scale of the project is 250KW/1MWH, which covers 45m2, and the expected life is 10 years. The Modularized and Pre-installed Battery Energy Storage Power Plant of Four Seas (Suzhou) Food Co., Ltd. made by Narada […]

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Installed Energy Storage for Microgrids Expected to Reach Over $22 Billion by 2026

In 2026 there will be a cumulative installation of 14,850.7 MW of new ESMG capacity with revenue of approximately $22.3 billion in revenue. The installed capacity of energy storage for microgrids is expected to increase dramatically over the next decade, with nearly 15GW of new cumulative capacity and revenue worth $22.3 billion, according to a […]

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ReneSola quits solar manufacturing, Completes Disposition of Manufacturing and LED Distribution Businesses

“The Buyer beneficially owned, directly or indirectly through SGP and other intermediaries, approximately 57.3% of the total issued and outstanding Shares of  ReneSolar.” ReneSola has announced the completion of the closing of the transactions contemplated by the previously announced share purchase and subscription agreement (the “SPA”) with Xianshou Li, Chairman and Chief Executive Officer of […]

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