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solar energy

German Financial Services Provider ALH Group Acquires 16 Solar Farms From EnBW

Germany-headquartered financial services provider, Alte Leipziger Hallesche (ALH Group) has revealed that it is indirectly acquiring 49.9% of a portfolio of sixteen solar farms with a combined capacity of 597 MW belonging to Energie Baden-Wurttemberg AG (EnBW). As per the agreement, Weesow, Gottesgabe, and Alttrebbin solar projects are also part of the portfolio. The company […]

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Shipping Company GAC Bahrain Steps Up Renewable Output With Solar PV Project

Shipping agency services provider GAC Bahrain has announced that it will be installing solar PV panels on the rooftop of its warehouse in Bahrain Investment Wharf in Al Hidd, as part of the wider GAC Group’s commitment to environmental protection and to reduce its carbon footprint. As per the statement of GAC Bahrain, the company […]

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Offshore Wind Market Player Magnora Gets Authorisation To Develop Solar Project In South Africa

Norway-based renewable energy player Magnora ASA has announced that one of its solar power projects in South Africa has been granted environmental authorization, which it claims to be a major milestone for the project. According to the official statement of Magnora, the approved solar project will have a total installed capacity of approximately 260 MW […]

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JSW Energy To Buy Renewable Portfolio Of London Based Mytrah Energy

Sajjan Jindal-led JSW Energy has inked a pact for the acquisition of the 1,753 MW renewable energy portfolio of Mytrah Energy. The deal comes at a price of Rs 10,530 crore. This is the largest acquisition ever by JSW Energy in this segment. The information has been revealed by JSW Energy in a regulatory filing. […]

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German Energy Major RWE Invests USD 2 Billion In Renewables, Sees Profits In H1

In 2021, the German energy giant RWE onshore renewables segment underwent a significant overhaul. The division returns to profitability in the first half of 2022 after a weak first half of the 2021 result. The company claims that it invested €2 billion (US$2.04 billion) in the growth of its green portfolio during the first half […]

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Rethink Energy Predicts An End To Polysilicon Pain In 2023

The price of polysilicon is to fall steeply from the start of 2023, according to new Rethink Energy research tracking production capacity expansion plans announced by 19 Chinese companies. That, if it happens, will indeed be a relief for a solar sector buffeted by price volatility since 2021, a lot of it linked to polysilicon […]

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Inflation Reduction Act (IRA) 2022: A Bill To Make US ‘The Clean Energy Leader’

On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. What makes the Bill more interesting is its special focus on climate friendly provisions. Climate action has been a priority ever since President Joe Biden came […]

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Know Your Solar: Ensuring DC Polarity is Correctly Connected

Background With the advancement of carbon reduction goals and the intensification of the global climate and energy issues, the installed capacity of clean energy is increasing sharply. As one of the main forces in the field of clean energy, solar power generation has performed well in the past two years. Capacity has soared and construction […]

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