SUBSCRIBE NEWS LETTER

solar market

Blown: How India Lost The Solar Rooftop Battle

Back in 2015, when India declared its renewable energy target of 175GW for 2022, with 100 GW as the share of solar power, the euphoria over the sheer ambition papered over a lot of questions. For not only was this target truly ambitious, but to many, it finally declared the government’s resolve to break away […]

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Can ATUM Bridge The Rooftop Solar Gap for India?

For Hyderabad based Visaka Industries, an established firm (Rs 1057 crore revenues in 2019-20) in the construction sector with multiple product lines ranging from corrugated cement sheets, fibre cement boards, and manmade yarn, the move into Hybrid solar roofs might be the most transformational yet. Not only does the new venture mark its entry into […]

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Lightsource bp Signs Power Contract for 153 MW Solar Project in Texas

Lightsource bp has secured a proxy generation power purchase agreement (pgPPA) with the Capital Solutions unit of Allianz Global Corporate & Specialty (AGCS), in partnership with Nephila Climate. The pgPPA is for electricity generated by Lightsource bp’s 153 megawatt Briar Creek solar farm, located in Navarro County, Texas. A pgPPA is an innovative renewable energy […]

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Loanpal Closes Securitization of $474 Million of Residential Solar Loans

The securitization, the largest residential solar securitization to date, brings the total amount of securitized loans generated on the Loanpal technology platform to $1.4 billion since the beginning of 2020 Loanpal, the nation’s leader in point-of-sale sustainable home improvement financing, today announced that Loanpal Solar Loan 2021-1 Ltd. and Loanpal Solar Loan 2021-1 LLC (“LPSLT […]

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Sembcorp India Confirms 400 MW Solar Capacity Win in Rajasthan

Sembcorp Energy India has confirmed that it has won a 400 MW solar power project in Rajasthan in a closely contested auction conducted by SECI. Sembcorp Energy India Limited (SEIL), a wholly-owned subsidiary of Sembcorp Industries, has won a bid for a new 400 MW solar power project. Through its renewables subsidiary, Sembcorp Green Infra, […]

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PV Manufacturer Alpex Solar Appoints Satish Gupta as CEO

Alpex Solar, one of the renowned Photovoltaic Module manufacturing company, has announced the appointment of Satish Gupta as its Chief Executive Officer. Satish will be taking over the charge of the organisation effective 7th January 2021. The firm currently has module manufacturing capacity of 450MW and has plans for aggressive growth in the coming years. […]

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ReneSola Power and Eiffel IG Sign MOU for JV to Fund Solar Development in Europe

ReneSola Ltd (“ReneSola Power” or the “Company”), a leading fully integrated solar project developer, today announced that it signed a Memorandum of Understanding (MOU) with Eiffel Investment Group (“Eiffel”), a leading asset management firm with 3 billion euros under management, to establish a joint venture that will provide financing for ReneSola Power’s current and future solar projects […]

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Canadian Solar Sells Two Solar Projects to BluEarth Renewables

Canadian Solar has announced it has sold ownership interest in its Hays and Jenner solar projects to BluEarth Renewables. BluEarth will also assume the management responsibilities of the projects. Located in southeast Alberta, both projects are 31 MWp (23 MWAC) in size. The projects are co-owned by Conklin Métis Local 193, an indigenous community-based in the rural hamlet […]

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Radix IoT, REIG Launch REvolution IoT™ Turn-Key IoT Monitoring Portal for Mid-Scale Utility Solar Installations

REvolution IoT Software Platform is Part of REnergyWare™ DAS/SCADA Monitoring, Management Software, RESource™ Digital Operations and Maintenance Services for Asset Management, Production Insights, Reporting, and Alerting Radix IoT–offering limitless monitoring and management rooted in intelligence–and Renewable Energy Integration Group (REIG)–design, engineering, and DAS/SCADA hardware providers for utility-scale solar developers–have joined forces in launching REvolution IoT™. […]

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