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Equinor Increases Stake in Scatec Solar With Purchase of 6.5 mn Shares

Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million (USD 84 million). […]

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Growatt now the Top Supplier of Rooftop Solar Inverters in India

According to a new report, Growatt, one of the top 3 rooftop solar inverter brands in China, has become the No.1 solar rooftop inverter supplier in India. In the twelve-month period ending Sep-2019, India added a record 1,853 MW rooftop solar capacity, which is  17 percent higher than the same period last year according to […]

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Vivint Solar Closes $200 mn Revolving Asset-Based Facility

Vivint Solar has announced that it has closed a USD 200 million revolving asset-based loan facility, to help fund the company’s continued growth in 2020 Vivint Solar has announced that it has closed a USD 200 million revolving asset-based loan facility. The firm has announced that the facility will help fund the company’s continued growth […]

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Scatec Solar Bags 3 Solar Projects Worth 360 MW in Tunisia

Scatec Solar has been awarded three solar power plant projects in Tunisia totaling approximately 360 MW, following an international tender launched earlier. Scatec Solar has been awarded three solar power plant projects in Tunisia totaling approximately 360 MW, following an international tender launched by the Tunisian Ministry of Industry and SMEs earlier this year. “We […]

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Good, But Not Good Enough: Solar Energy Growth in Light of the Paris Agreement

From December 2-13, UN Secretary-General António Guterres is hosting the UN Climate Change Conference (COP25) in Madrid, where global leaders are discussing their environmental agendas and specifying their nationally determined climate contributions. With solar playing a key role in the decarbonization of the energy sector, it is time for REC Group to take stock of […]

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EIB to Finance 300 MW Solar Power Project in Spain

EIB has announced that it will invest EUR 76.5 million in one of the largest solar projects in Spain, the 300 MW capacity Talayuela solar power project The European Investment Bank (EIB), the premier investment institute in the region has made a big mark at the ongoing COP 25 climate conference in Madrid, Spain with […]

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Solis Hybrid Inverters and LG Chem Deliver Solar-Plus-Storage Solution for Homeowners

Ginlong Technologies (Stock Code: 300763.SZ), a global leader in photovoltaic string inverter manufacturing, announces that its Solis storage inverter is now compatible with LG home battery RESU. The Solis Residential Hybrid Inverter (RHI) now is fully compatible with LG RESU 48V line-ups  to provide stable, reliable home energy storage. With this partnership, Ginlong is offering […]

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Statkraft Signs PPA With Enerparc for 5 Subsidy-Free Solar Projects

Enerparc and Statkraft have signed a 12-year PPA for power generated from five subsidy-free solar projects with an installed capacity of 52 MW in Bavaria Enerparc, a specialist in the development, construction and operation of large-scale solar power plants, and Statkraft, Europe’s largest producer of renewable energy and leading PPA provider, have signed a 12-year […]

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Pacifico Energy Raises $265 mn for its Second Solar Fund

Pacifico Energy has successfully completed the launch of its second solar investment fund at USD 265 million Pacifico Energy has announced that it has successfully completed the launch of its second solar investment fund (Fund II) at USD 265 million or 29 billion Yen. Fund II will be comprised of five Japanese solar power plants […]

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