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solar market

Corporate PPA market overtakes utility PPA’s in Europe in 2021, changes foreseen

Corporate contracted capacity in Europe hit 6.5GW in 2021, versus  4.6GW for utility PPAs, making it the first time corporate PPA’s overtook utility PPA’s in Europe. This is disclosed in a report by renewable advisory firm, Pexapark, in its report titled European PPA Market Outlook 2022.  The resurgence of corporate PPA’s, at a time when […]

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Italian Solar Farms, Matrix in Strategic Partnership with Energia Aljaval

Madrid-based clean power platform Matrix Renewables has entered into a partnership with Spanish renewable energy company Energia Aliaval to co-develop at least 300MW of Italian solar farms in Italy. The development of new Italian solar farms partnership further builds on the company’s presence in Italy, said Matrix. With this project, Matrix Renewables reach close to […]

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China to Focus on Gobi Desert for New Solar, Wind Power Bases

China’s new renewable energy plans will focus on the Gobi and other desert regions, as it speeds up the construction of huge new wind and solar power bases and boosts its transmission capabilities, regulators said in a new policy document, according to recent media reports. To meet its climate targets, China – the world’s biggest […]

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TotalEnergies to Acquire Commercial & Industrial Solar Business of SunPower

TotalEnergies has announced that the company has signed a contract with SunPower Corp.’s to purchase latter’s Commercial & Industrial Solutions (CIS) business for $250 million. The amount includes $60 million of earn-out. TotalEnergies is the majority shareholder of SunPower, a leading solar technology and energy services provider. Both the companies have approved the acquisition following a thorough process involving […]

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Fraunhofer Institute creates proficient solar cell ‘recycling’ process

For what could be a major breakthrough for the PV recycling industry, the Fraunhofer Center for Silicon Photovoltaics CSP in Germany has developed a solution to recycle PV modules on an industrial scale and reuse the silicon to produce new PERC solar cells. The institution has developed this in close cooperation with Fraunhofer Institute for […]

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India’s 1st Virtual Marketplace for EVs is All Set for Launch

Electric vehicles (EVs) have begun making inroads into common Indian households as a result of rising innovative collaborations among automobile manufactures, battery producers, research institutes and the government. In anticipation of a fast approaching boom in the sector, the country’s first virtual e-mobility marketplace – EV MARKETZ – is all set for a launch. The […]

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Ecoppia to Supply Cleaning Robots to Actis Solar Plant in Andhra Pradesh

Israel-based Ecoppia, which provides robotic cleaning solutions for photovoltaic solar, has announced another project of 150MW with Sprng Energy, a company owned by investment platform Actis. Ecoppia robots will be deployed at Sprng Solar’s Ananthapuram project in Andhra Pradesh in Q2 2022. Actis had initially engaged with Ecoppia back in 2017, installing the fully autonomous robots at 4 different solar […]

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SJVN to Develop 10,000 MW Solar Projects in Rajasthan

In a major development in the renewable sector, mini-ratna SJVN will soon sign a Memorandum of Understanding (MoU) with the Rajasthan Government to develop 10,000 MW solar power projects in the next 5 years in Rajasthan. A formal proposal was submitted by SJVN for the said project to the Rajasthan government. It was accepted and […]

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Record Sales in Jan’22 Push Ford to #2 in Global EV Market

American auto major Ford has climbed to rank 2 in the EV market. The company saw its highest-ever EV sales in January 2022. Additionally, the company was also ranked as the top-selling US automaker. As per the latest media reports, the EV sales of Ford have reached their all-time high. The growth is mostly due […]

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