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U.S. Solar Market Adds 10.6 GW of PV in 2017

While overall growth was down from the 15 GW installed in 2016, last year’s capacity addition still represents 40% growth over 2015’s installation total. In 2017, the U.S. solar market expanded, adding double-digit gigawatt solar photovoltaic (PV) additions for the second year in a row. According to the recently released U.S. Solar Market Insight Report […]

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S’pore-based SolarHome Raises $1.2 mn in Convertible Note Offering

The company to use funds to expand into dry zone in Myanmar and build out credit risk management function. A Singapore-based start-up, SolarHome, that provide Pay-As-You-Go (PAYG) solar off-grid solutions, has raised another USD 1.2 million in growth capital through an issue of convertible notes to a consortium of investors. The company to use funds to expand […]

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First Solar to Build 200-Mwac Solar Project in Georgia

First Solar was awarded the installation as part of a 525-MWac Request for Proposals for Georgia Power’s Renewable Energy Development Initiative (REDI). First Solar is set to proceed with development and construction of a 200-MWac photovoltaic solar power plant in Twiggs County, Georgia. First Solar was awarded the installation as part of a 525-MWac Request […]

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ABB India Dec Quarter Net Profit up 5.3%; Eyes Solar Expansion Overseas

We have delivered balanced performance in 2017, and built a solid foundation for future growth and profitability as our nation’s and global markets improve, says Sanjeev Sharma. ABB India Ltd, a leader in power & automation technologies, has reported a rise of 5.3 per cent in its standalone net profit after taxes (PAT) at Rs 171.52 […]

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Nextera Energy Resources Advances Community Solar in Minnesota

For NextEra Energy Resources, these projects represent an initial portion of the solar gardens that they plan to bring online this year. NextEra Energy Resources has announced that during the previous four months, five new community solar gardens have been brought online in southeastern Minnesota. The solar-gardens are located as far north as Benton County […]

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Hyundai Electric Earns $18.5 Mn Solar Power Deal in South Korea

As per the agreement, Hyundai Electric would be in charge of engineering, procurement and construction and Korea East-West Power of purchasing renewable energy certificates to meet government regulations. Hyundai Electric & Energy Systems Co. has earned $18.5 million solar power order with its design to brighten up the streets of Yeoju, a city southeast of […]

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SunPower Solar Panels Powering Three Solar Carports in France

SunPower is the first solar panel manufacturer in the world to achieve this designation, which demonstrates a product’s quality based on rankings in five categories. SunPower has announced that 750 kilowatts of high-efficiency SunPower E-Series solar panels are powering three new carports in Grenoble, the southeastern city of France. The project was led by regional […]

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US-based Solar Firm Omni Navitas Plans Huge Solar Farm in Cambodia

Omni Navitas, a US-based solar energy developer declared an arrangement to set up a $500 million, 150-megawatt solar energy farm in Cambodia. Omni Navitas, a US-based solar energy developer declared an arrangement to set up a $500 million, 150-megawatt solar energy farm in Cambodia, which CEO Jim McAuliffe said would make it the biggest solar […]

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Three Solar Projects to Be Launched By Vietnam Based TTC, In First Half of 2018

With a combined investment of about 3 trillion dong ($132 million), the three projects in central and southern provinces of Vietnam will have a total capacity of around 150 megawatts (MW). Vietnam based TTC Corp expects to start construction work for the country’s first three solar power projects in the first half of 2018, its chairman announced. […]

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