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L&T Construction Bags Contracts worth Rs 2,500 Cr – Rs 5,000 Cr for PT&D Biz

Moreover, some other orders have also been won by the company for solar powered irrigation systems. The construction arm of Larsen & Toubro, L&T Construction, has secured a number of Engineering, Procurement and Construction (EPC) orders worth Rs 2,500 crore to Rs 5,000 crore for its power transmission & distribution (PT&D) business in India and […]

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JinkoSolar: A Big Jump in Sales and Margin in 2018

Chinese Solar module manufacturing giant JinkoSolar has reported a sizeable jump in its shipments and margins in 2018. The news was revealed in the company’s 2018 financial results, published March 22. For 2018 on a consolidated basis across its business, JinkoSolar posted a module shipment of 11.4GW in 2018 — a 16 percent increase from the previous year, […]

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723 GW of New Wind Capacity Expected in the Next Decade : WoodMac

Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […]

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Hanergy’s Thin Film Solar Panels to Assist in Antarctic Meteorology Research

Hanergy’s thin-film solar panels will be utilized in the equipment and observation station in the Antarctic region which will aid the meteorology research. The world’s largest thin-film solar power solution company, Hanergy Thin Film Power Group (00566.hk), sustains its grandeur in the industry. As per the recent development, the clean energy giant has signed an […]

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ACWA Power Joins Hand with Huawei to Develop Global PV Market

As per the agreement, the two sides will work together to develop global PV market and apply the cutting-edge technologies such as artificial intelligence, big data, and cloud computing to PV plant projects to promote industry progress with technological innovation. Saudi Arabia’s leading developer and operator of power and desalination water plant, ACWA Power has […]

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DEWA and Siemens Begin Development of Solar-Powered Hydrogen Project

The facility is being built at DEWA’s outdoor testing facilities in the R&D Centre at the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The Dubai Electricity and Water Authority (DEWA), Expo 2020 Dubai and Siemens have begun work on what is soon to become the first solar-powered hydrogen electrolysis facility in the Middle […]

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Hanergy to Set Up ME’s 1st Thin-Film Solar Park with $1 Bn Investment

As per the deal, the two companies will collaborate to develop renewable energy manufacturing facilities in Saudi Arabia and conjointly seek relevant investment opportunities. Thin-film solar power solutions giant Hanergy Thin Film Power Group signed an investment cooperation pact with Ajlan & Bros to launch the first solar thin-film industrial park in the Middle East (ME) region. Further, […]

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UAE’s Yellow Door Energy Raises $65 Million

The investment comes from IFC, Mitsui, Equinor, APICORP and Adenium and will be used to expand distributed solar and energy efficiency solutions into new markets. Yellow Door Energy, a UAE-based leading solar developer, announced that it has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions […]

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