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solar power

China Adds 40 GW Of Solar To Grid In 2020

China has brought about 40 gigawatts (GW) of new solar power into operation in 2020, taking its total installed solar capacity to 240 GW. As per Wang Bohua, vice-chairman of the China Photovoltaic Industry Association (CPIA), China’s total solar capacity had increased more than fivefold since 2015 and could double in the next five years […]

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Sungrow Supplies Inverters for 100 MW Solar Plant in Hungary

Solar PV inverter solutions provider – Sungrow has announced that it has supplied its medium-voltage inverter solutions to a 100 MW solar plant in Kaposvàr, south-west Hungary, which is one of the largest solar projects and biggest investment of this nature in entire Central Europe. Committing to support Hungary’s climate policy targets, including energy production […]

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Amazon Adds 26 new Solar and Wind Projects, Takes 2020 Total Beyond 4 GW

Amazon has added 26 new wind and solar projects totaling 3.4 GW of electricity production capacity to its corporate purchase portfolio. Global e-commerce major, Amazon has announced that it has added 26 new utility-scale wind and solar energy projects totaling 3.4 gigawatts (GW) of electricity production capacity to its corporate purchase portfolio. With the latest […]

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Husk Power 1st Minigrid Firm to Power 100 Communities, 5000 Micro-Enterprise Customers

Husk Power has achieved two industry firsts: surpassing 100 community minigrids and serving more than 5,000 micro-enterprise customers. Husk Power Systems, a leading rural energy company operating renewable minigrids in Asia and Africa, has announced that it has achieved two industry firsts: surpassing 100 community minigrids and serving more than 5,000 micro-enterprise customers. Despite the […]

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CIT Serves as Coordinating Lead Arranger for $256 Million Texas Solar Financing

CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250-megawatt (MW) Taygete I Energy Project owned by 7X Energy, Inc (7X) and located in Pecos County, Texas. 7X Energy is a leading utility-scale solar developer, owner, and asset manager that has originated 1,350 (MWac) of solar […]

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Volvo Cars to Produce of Electric Motors at its Powertrain Plant in Sweden

Volvo Cars has announced its target of producing electric motors at its powertrain plant in Skövde, Sweden. Planning to establish complete in-house E-motor production with an investment of 700 million SEK by mid-decade. The company is aiming to become a premium electric car company with 50 percent of its global sales to be fully electric […]

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Clean Energy, Powered by Clean Technology, is Critical for India: Kant

Niti Aayog CEO Amitabh Kant has said that clean energy is critical for India and it must achieve it by getting into cutting-edge technology. Niti Aayog CEO Amitabh Kant, while addressing a virtual book launch event organised by the Observer Research Foundation, has said that clean energy is critical for India and that it is important for the […]

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NuGen Capital Announces Largest Single Rooftop Solar Project in Rhode Island

NuGen Capital Management, LLC (NuGen) starts construction of a 6.76 MWdc rooftop solar power system in the company’s home state of Rhode Island. The project, comprised of over 16,000 solar panels, is being installed by AUI Partners on a 560,000 square foot warehouse in East Greenwich, Rhode Island. Full commercial operation of the project is […]

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JinkoSolar Squeezes out Growth on Higher Shipments in Third Quarter of 2020

Chinese solar panel manufacturing major JinkoSolar has announced its third-quarter 2020 financial results on 7th December 2020. Financial Results: The company had total revenue of RMB 8.77 billion (USD 1.29 billion), an increase of 3.8% from RMB 8.45 billion and 17.2% from RMB7.48 billion from the second quarter of 2020 and the third quarter of […]

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