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solar market

Solis Strengthens Bankability Rank For Buyers

In a key development Ginlong (Solis) has announced its notable position in the 2023 BloombergNEF (BNEF) Inverter Bankability Survey. The survey, engaging diverse industry stakeholders such as banks, solar engineering contractors, and technical advisers, sheds light on the solar inverter bankability landscape. Bankability rankings serve to reassure financial institutions backing solar projects on the quality […]

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Solis Hits 4 GW Milestone In India

In 2015, Solis India embarked on its journey within the Indian solar power sector, emerging as a Tier 1 global inverter brand by BNEF. During this time, the exclusively string inverter firm has been a standout success story, benefiting both from a growing solar market in India as well as its own strategy focused on […]

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Meyer Burger Announces Halt On German Manufacturing Plant, US Focus

The massive Chinese push into Europe with the resultant high inventory levels (estimated at 90 GW, almost equal to two years of capacity additions) and low prices has claimed its first big victim. Meyer Burger Technology AG, a long-time pioneer and technology leader in the global photovoltaic industry, has prepared a plan to cut losses […]

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Arctech Signs Pact With Alpon Energy To Boost Presence In Turkey

Global solar tracking and BIPV solution provider company–Arctech entered into a strategic partnership agreement with Alpon Energy in Istanbul, Turkey. This successful agreement marks the expansion of Arctech’s footprint in Turkey. Alpon Energy is a Turkish company with over eight years of expertise in solar energy EPC works and single-axis solar tracking systems. The partnership […]

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Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector

For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […]

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Waaree Renewable Collaborates With 5B Industries To Boost Utility-Scale PV Projects

Indian Solar EPC company--Waaree Renewable Technologies Limited announced a Long Form Heads of Agreement (LFHOA) with 5B Industries PTY LTD, an innovative solar solution company to accelerate the deployment of utility-grade solar power locally in India as well as in international markets with a US-compliant supply chain.  The collaboration is likely to open avenues for […]

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Waaree Energies To Build 3 GW Module Manufacturing Facility in US

Indian module manufacturer Waaree Energies announced that it would establish its first United States (US)-based solar module manufacturing facility in Houston. The facility in Brookshire will have the initial capacity to manufacture 3 gigawatts (G.W.) of solar modules annually by the end of 2024.  Waaree plans to invest up to $ 1 billion over the […]

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BP Renewable Arm Lightsource bp Sells 1 GW Australian Portfolio To Chinese Firm

Continuing its efforts to recycle its renewable asserts, Lightsource bp, the renewables focused arm oil and gas major bp with a heavy solar focus, has divested its 1GW solar portfolio in Australia to Beijing Energy International Australia, the local subsidiary of Chinese clean energy firm Beijing Energy. The portfolio consists of five projects, with three […]

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SOFAR & BelEnergy to Boost LATAM’s Renewable Energy Development

SOFAR, a global provider of all-scenario PV & ESS solutions, announced that it has entered into a partnership with BelEnergy for the national distribution of the firm’s extensive solar and storage portfolio. With more than 250 thousand solar plants running nationwide, the rising number of end customers will be able to have access to SOFAR […]

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