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SolarSpace Announces Long-Term Partnership with PAIC & Ariel Re

Solar manufacturer SolarSpace has announced a long-term alliance with the insurance company, PAIC (Ping An Insurance (Group) Company of China Ltd.) and Ariel Re of Lloyd’s of London, a reinsurer institution, will provide 25-30 years of power loss compensation liability insurance service for the module products of SolarSpace. Representative from Lloyd’s expressed, “SolarSpace’s high-efficiency PV […]

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PV Hardware to Build World’s Largest Solar Tracker Factory in Spain

Global solar tracker maker PV Hardware (PVH), a Grandsolar Group firm, is mulling to build a new solar tracker factory in a Valencia industrial park in Spain that will help the firm to take its global capacity to 25 GW. PV Hardware said that the Spanish facility will occupy a space of 65,000 square meters […]

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Switzerland Seeks To Adapt For Solar Energy With AlpinSolar Plant

Switzerland, the rich alpine country with what many would consider limited solar potential, has certainly started trying harder. The AlpinSolar power plant on Lake Muttsee Dam in Switzerland has become the first in the country with 5,000 solar panels. The dam is 2,500 meters above sea-level and is surrounded by snow capped peaks. It is […]

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Skoda Volkswagen Sets into Operation 18.5 MW Rooftop Solar at Pune Facility

Skoda Auto Volkswagen India has announced the installation of 18.5 MW rooftop solar at its Chakan plant in Pune. The group now says that the new rooftop solar facility will be generating about 26.6 million kWh of green energy per year. The solar installation is in line with the ‘goTOzero’ mission of the Volkswagen Group. […]

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SolarEdge Announces 2022 Financial Results; Revenues Up By 58%

Smart energy technology provider SolarEdge Technologies has announced its financial results for the fourth quarter 2022 and full year ended December 31, 2022 revealing high growth in revenues. Fourth Quarter Financial Results In the last quarter, SolarEdge reported revenue of over $890 million which is up 6% from $836 million in the prior quarter and […]

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Italy to Welcome Enel Green’s Solar Panel Gigafactory

Enel has entered into a financing agreement with a pan-European commercial banking group UniCredit to pave the way for the finance of the expansion of a solar panel factory in Catania, Sicily, Italy.  Investment, worth €560 million (US$600 million), will aid the development of the Italian PV Gigafactory (Tango). This is an industrial-scale manufacturing plant […]

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FTC Solar & Taihua New Energy Form JV to Produce Steel Components for Solar Projects

FTC Solar, a US-based solar tracker manufacturer, has formed a domestic joint venture with Thailand-headquartered steel fabricator Taihua New Energy to produce steel components for solar projects. The joint venture named Alpha Steel,  will focus on manufacturing steel components, including torque tubes, for utility-scale solar projects in Sealy, Texas. Alpha Steel is expected to begin […]

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Dehradun is Home to North India’s First Solar-Powered Hydroponic Plant

North India’s first solar-powered hydroponic plant has been inaugurated in Dehradun. With capacity at 71kw, the solar power plant sprawls to 6,000 square feet of area. It consists of 36 panels. Under these panels, 6000 vegetable pots can be positioned three feet above soil. This makes the plant extremely productive in nature. With the establishment […]

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Denham Capital Announces $200 Million for Solar Energy Generator Solops

Boston based global energy transition investment firm Denham Capital has announced that it has closed a purchase agreement with Solops that develops, finances, and owns and operates photovoltaic solar projects in the commercial and industrial (C&I) sector throughout the United States. Under the agreement, Denham has acquired Solops and will support the growth of the […]

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