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European Investment Bank Signs Partnership Pact with Solar Alliance

This new agreement reflects shared commitment to successful implementation of the Paris Climate Agreement and ensuring that solar rich economies can harness solar power to increase supply of affordable clean energy. The European Investment Bank (EIB) has agreed on a new partnership with the International Solar Alliance to mobilise finance to develop and deploy affordable […]

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Global Solar Tracker Market to Reach $7.54Bn by 2023

Solar Tracker Market size is forecast to reach USD 7.54 billion by 2023, with growth expectation of 12% CAGR from 2016 to 2023, driven by growing PV cells demand. Solar Tracker market is poised to grow significantly over the period of 2016 to 2023, owing to the growing preferences for renewable energy along with rising […]

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India PV Inverters Market 2017 Trends and Global Solar Micro Inverter Market Growth

According to “India PV Inverter Market Outlook, 2021”, the market for PV inverters in India is expected to grow with a continuously increasing CAGR of 4.74% from 2015 to 2021. Central Inverters are the major market share acquirers of the inverter market. Micro-inverters are also forecasted to increase its share technology wise. Residential segment is […]

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Global VC Funding in Solar Sector Plummet to $128Mn in April-June Quarter

Global venture capital (VC) funding in solar sector has reported a steep decline of $128 million in April-June quarter of 2017 when compared with $585 million in the preceding quarter, according to Mercom Capital, a global clean energy communications and consulting firm. Most of the VC funding in Q2 2017 went to solar downstream companies […]

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Dominion Energy Virginia to Power Facebook’s New Data Center with Solar Power

The new data center in Henrico County will be comprised of two separate buildings and administrative space totaling nearly one million square feet. Dominion Energy Virginia plans to construct multiple solar facilities in the Commonwealth (sites still to be determined) to both meet Facebook’s needs Dominion Energy Virginia has announced that it will add new […]

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Work on 750MW Ultra Mega Solar Power Park Begins

The Gujarat government has acquired 1,407 hectares of land and aims to complete the first phase of development by March 2018. Solar power generation capacity of 250MW will be installed in the first phase. To further push solar power generation in the state, Gujarat government on broke ground for 750MW ultra-mega solar power park at […]

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Sachin Tendulkar‘s new inning with Schneider Electric lights up 350 households in UP with Solar power

Spreading Happiness InDiya Foundation is committed to providing energy autonomy to rural India through renewable energy, providing electricity to around 25,000 households in the country and spreading happiness by providing access to energy. Spreading Happiness InDiya Foundation (SHIF), a collaboration between former cricketer and master blaster Sachin Tendulkar and Schneider Electric India has announced that it has empowered […]

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Scatec Solar Has Teamed With Statoil for 162mw Solar Power Plant in Brazil

Statoil will also acquire a 50 percent share in the project execution company, enabling Statoil to participate in building and operating solar projects in the future. Scatec Solar ASA (SSO) and Statoil ASA (STL) have agreed to establish a 50/50 Joint Venture to build, own and operate large scale solar plants in Brazil. The Joint […]

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ABB Delivers ABB inverter stations Solar Solutions to El Romero Solar Plant in Chile

Swiss power electronics specialist ABB has delivered 60 ABB PVS800-IS inverter stations, each rated at 3.6MW at the El Romero Solar Plant, located in Chile’s Atacama Desert. The solar plant is situated in the harsh environment of the Atacama Desert in Chile, 645 km north of the country’s capital Santiago. One of the driest places […]

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