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solar energy systems

MYSUN Raises $4.2 Mn; Plans for another $35 Mn Funding in Few Quarters

MYSUN, a Delhi based rooftop solar installer, on Wednesday said it has raised USD 4.2 million (or Rs 32 crore) from its existing investors in a structured equity deal as a part of its Pre-Series A round. Besides this USD 4.2 million funding, the rooftop solar installer is also looking to raise another round of […]

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ADFD Approves Record $105 mn Funding for 8 RE Projects

ADFD has approved USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility. The Abu Dhabi Fund for Development (ADFD) has confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project […]

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Sunnova Closes $150 mn in Financing to Fund Growth

Sunnova Energy has closed an aggregate USD 150 million in financing with an aim to fund its continued growth in customer count and battery storage sales Sunnova Energy International has announced that it has closed an aggregate USD 150 million in financing through an approximately USD 95 million revolving asset-based loan facility and a private […]

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EDP Invests $3 mn in Rensource for Promoting Expansion in Nigeria

EDP will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. The EDP Group has announced that EDP Renewables (EDP Renováveis) will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. […]

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Hanergy’s MiaSolé Sets Large Area Flexible PV Efficiency Record at 17.44%

Hanergy has announced that its US-based subsidiary Miasole’s large area flexible CIGS PV module has been rated with the highest efficiency in its class. One of the world’s largest thin-film power solution company, Hanergy Thin Film Power Group has announced that Fraunhofer Institute for Solar Energy Systems, a German-based solar energy testing laboratory, has rated […]

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How to Maximise the Benefits of Bifacial PV Modules

Bifacial PV modules provide many advantages over traditional PV panels. The International Technology Roadmap for Photovoltaic (ITRPV) predicts an upward trend for the shares of bifacial solar modules in the global PV market in the next decade, i.e. 10% in 2019 and more than 35% in 2028. It is widely believed that bifacial PV modules […]

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DuPont PV Solutions Partners with Fraunhofer ISE

Fraunhofer ISE will validate and accelerate solar panel sequential testing methods developed by DuPont, to enable service life estimation calculations. DuPont Electronics & Imaging’s Photovoltaic Solutions business announced it has entered into a collaboration agreement with the Fraunhofer Institute for Solar Energy Systems ISE, a leading institute for applied scientific and engineering research and development […]

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Renewable Sources Contribute Over 40% to Germany’s Public Net Electricity Generation in 2018

Based on the production figures, solar energy showed the largest growth at 16 percent, ahead of wind energy with 5.4 percent growth. Researchers at the Fraunhofer Institute for Solar Energy Systems ISE have just released their annual assessment on the net electricity generation for Germany’s public power supply in 2018. Based on the production figures, […]

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