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Scatec Solar acquires SN Power, building a global leader in RE

Scatec Solar has signed a binding agreement to acquire 100% of the shares in SN Power, a leading hydropower developer and IPP, from Norfund for a total equity value of USD 1,166 million. The acquisition forms an important part of Scatec Solar’s broadened growth strategy, with an ambition to become a global large-scale player in […]

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EDFR & Geenex Solar Transact on 4.5 GW Solar Development Portfolio

EDFR North America and Geenex Solar have announced the close of an agreement of up to 4.5 GW pipeline of solar development assets throughout PJM. EDF Renewables (EDFR) North America and Geenex Solar have announced the close of an agreement of up to 4.5 gigawatt (GW) pipeline of solar development assets throughout PJM. The pipeline […]

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Adani to Complete 1 GW Transmission Line to Mumbai by Dec’ 2021

Adani Transmission has vowed to execute a transmission line project which will enhance the power supply by 1 GW to Mumbai, by the end of next year Adani Transmission has vowed that it will be able to execute a transmission line and substation project at suburban Vikhroli which will enhance the power supply by 1,000 MW (1 GW) to […]

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EV Firm Ampere Ties up With eBikeGo, to Supply 2,000 Electric Scooters

Ampere has announced that it has tied up with e-mobility start-up eBikeGo, and has secured an order for the supply of 2,000 electric scooters. Electric Vehicle (EV) manufacturer Ampere has announced that it has tied up with e-mobility start-up eBikeGo, and that it has subsequently secured an order for the supply of 2,000 electric scooters. The latest […]

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Greenbacker Expands into California Power Optimization Sector with Stem

Greenbacker Renewable Energy Company announced today that on September 30, 2020, through a wholly-owned subsidiary, it purchased the rights to Rodeo Energy Storage LLC, a 10 MW / 21.3 MWh portfolio of 20 behind-the-meter energy storage systems, which were developed and will be constructed and operated by Stem, Inc. (“Stem”), the global leader in artificial […]

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STMicroelectronics Pioneers Smaller and Faster Chargers and Power Supplies

STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has unveiled MasterGaN®, the world-first platform embedding a half-bridge driver based on silicon technology along with a pair of gallium-nitride (GaN) transistors. The combination will accelerate the creation of next-generation compact and efficient chargers and power adapters for consumer and industrial applications […]

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U.S. Off-Site Solar Installations Gather Pace Despite Pandemic

A rapid growth in the U.S. off-site corporate solar projects are set to accelerate further with the covid-19 pandemic taking a large toll on onsite installations, according to a Solar Energy Industries Association (SEIA) report. Over the next three years, nearly 60% of all corporate capacity installed is expected to be off site. Since 2015, nearly […]

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IEA Predicts Global Energy Demand Recovery Only In 2025, Key Solar Role

The International Energy Agency (IEA), in its annual World Energy Outlook 2020, (WEO-2020) has predicted a return to normalcy for world energy demand only by 2025. This is mainly due to the sluggish recover being experienced from the Covid pandemic worldwide, including fears of a second wave of infections in key markets like Europe and […]

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As China Starts Giant Solar Park, Four Giant Parks For the Future Beckon

The world’s largest single location solar plant, of 2.2 GW capacity was inaugurated in China’s Quinghai province this month. Built by state owned utility Huanghe Hydropower Development, the massive plant touts a special achievement along with its size . It has been built in the shortest time   among plants of comparable sizes. That single fact […]

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