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SMA Solar Expects Growth in Sales and Earnings in 2018

For the 2018 fiscal year, the SMA Solar expects sales would grow to between 900 million and 1 billion euros ($1.1 billion-$1.2 billion), exceeding the analyst consensus for 901 million euros. SMA Solar Germany’s biggest solar company has said it expects a rise in sales in 2018, thanks to strong Asian and European business and […]

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‘Green Initiative’: NER to Look Out For Energy Substitutes

As indicated by railway authorities, at the show, they are paying Rs 7 for a unit, however, once the solar power unit gets utilitarian. Under its ‘Green Initiatives’ drive, the North Eastern Railway is good to go to change from customary wellspring of energy to elective vitality by setting up solar power units on the […]

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Andhra Pradesh to Have a Mega Solar Plant Set Up By Chinese Firm

CETC will make the interest in a Solar PVC Manufacturing park coming up on around 18 sections of land in Sri City in Chittoor locale. CETC Renewable Energy Technology Company, a subordinate of China Electronics Technology Group, will set up a mega solar assembling plant in Andhra Pradesh with a venture of $50 million. It […]

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Amplus Inks Pact with Yes Bank for Solar Power Projects

Rooftop solar energy company Amplus is also diversifying in new avenues such as battery storage, energy efficiencies, smart cities, and concentrated solar power technologies among others. Amplus Energy Solutions has signed an MoU with Indian private sector lender Yes Bank for a strategic tie-up to co-finance projects in the solar energy sector in the country. […]

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NEXTracker Delivers Smart Tracker Technology to Solar Power Plant in North Africa

NEXTracker’s award-winning smart solar tracker, NX Horizon, holds the #1 tracker market share leadership position worldwide with over 11 gigawatts of systems sold. NEXTracker has announced that global solar EPC company Sterling and Wilson selected NEXTracker to supply 325 megawatts (5 blocks of 65 MW each) of its smart solar trackers to its project within […]

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ADFD Earmarks $25M Loan for Two IRENA Solar PV Projects in Mauritius, Rwanda

The projects have been recommended by the International Renewable Energy Agency (IRENA), a global platform for international cooperation on renewable energy. The Abu Dhabi Fund for Development (ADFD) has announced that it has set aside $25 million in concessional loans for two solar PV projects. The projects have been recommended by the International Renewable Energy […]

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Dominion Energy Invests $1B in Solar

The Solar Energy Industries Association ranks Dominion Energy the sixth largest among U.S. electric utilities. More money is being invested into the solar industry by the renewable energy companies. Dominion Virginia Power parent company Dominion Energy is investing $1 billion in its solar fleet in Virginia and North Carolina, and now ranks among utilities with […]

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Maharashtra Control Utility Designs Coasting Solar Panels on lrai dam

Gliding solar power plant exists in India just in Kerala. A 500kW plant was as of late initiated in Banasura Sagar at the cost of Rs9.25 crore. The state, which is the pioneer in the renewable energy source division, is ready to keep on moving ahead as it is finding better approaches to expand the […]

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Canadian Solar Closes GBP41.9 Million Financing with BayernLB

The solar power portfolio, consisting of 10 operating solar power plants totaling 52.2 MWp, was accredited under the UK’s Renewable Obligation Certificate scheme. Canadian Solar Inc., one of the world’s largest solar power companies, today announced that it has closed a GBP41.9 million (US$56 million) non-recourse project finance facility with BayernLB. This financing arrangement is […]

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