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solar capacity

Asia, America To The Rescue For German PV Machinery Makers

A release from the VDMA ( German Mechanical Engineering Federation ) says that sequential sales and orders for Q1/2023 dropped 27% and 26% respectively for German solar PV equipment manufacturers. The drop was mainly due to drop in demand from the ‘home’ markets in the European Union (EU) . However, on a YoY basis, sales […]

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Masdar Raises US$750 Million Green Bond

Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […]

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GoodWe Launches 100kW Hybrid and Retrofit Battery Inverters for C&I

GoodWe, the leading inverter manufacturer and energy storage solutions provider, has expanded its C&I energy storage solutions portfolio with two new additions: the ETC 100kW hybrid inverter and the BTC 100kW retrofit battery inverter, both of which can be coupled with GoodWe high-voltage battery system Lynx C (101kWh – 156kWh). With a proven track record […]

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EIB & Banco Santander Promote Renewable Energy in Brazil with €300 Million Loan

The European Investment Bank (EIB) and Banco Santander (Brasil), one of the largest foreign banks in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a €300 million loan in […]

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Hydrogen Project HyNCREASE in Germany Qualifies for European Grant

The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable the various firms to bring  innovative technologies to the market. The grants are […]

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GERC Approves RE Generator’s Right To Replace Damaged PV Modules

In its latest order, the Gujarat Electricity Regulatory Authority (GERC) withheld the rights of solar energy generators to replace damaged and defective solar modules. The state electricity commission passed the order while hearing a petition filed by Jai Hind Projects Limited, a solar energy generator. Its solar company has a 5-megawatt (MW) solar power plant in the […]

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THDC Issues EoI for Empanelment of Consultants for Land Acquisition for 2 GW RE Parks

THDC INDIA Limited has invited Expression of Interest (EOI) for empanelment of consultants for its subsidiary ‘TREDCO Rajasthan Limited’ for acquisition of land for the development of 2000 MW Ultra Mega Renewable Energy Power Parks (UMREPPs). These will be established in Rajasthan under MNRE’s Solar Park Scheme. The EOI opens on August 11, 2023. The […]

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