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Siemens Gamesa Awarded Order from RWE for 1.4 GW Sofia offshore Wind Project

Siemens Gamesa Renewable Energy (SGRE) has been awarded the firm order from RWE for the 1.4 GW Sofia offshore wind power project. Sofia represents a giant leap for the company; located 195 km off the UK’s north eastern coast on Dogger Bank in the North Sea, the project will be the first to install the company’s flagship 14 MW Direct Drive offshore wind turbine. At 593 […]

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$421 million of Loanpal Residential Solar Loans Securitized

Loanpal, a leading point-of-sale technology platform for sustainable home solutions, today announced that Goldman Sachs sponsored Loanpal Solar Loan 2021-2 Ltd. and Loanpal Solar Loan 2021-2 LLC have closed a securitization of approximately $421 million worth of residential solar loans originated on the Loanpal platform and previously purchased by Goldman Sachs, GoodFinch, Blackstone Credit and Davidson Kempner Capital Management […]

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ABB and Amazon Web Services Collab to Digitalize EV Fleet Management

The ABB Group and Amazon Web Services (AWS) have announced their partnership to develop a cloud-based digital solution for the real-time fleet management of Electric Vehicles (EVs). The solution will optimize the efficient use of EVs and speed up the electrification of transport fleets, helping operators worldwide maintain 100 percent business continuity as they transition […]

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Xiaomi to Enter EV Industry, to Invest $10 Billion Over 10 Years

Xiaomi Corporation has officially announced its plan to enter into the electric vehicle (EV) industry. The company has announced an investment of USD 10 billion in smart EVs over 10 years, escorting in the new Xiaomi. According to the Founder, Chairman, and CEO of Xiaomi, Lei Jun, the new business will be operated under a […]

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Energy Transition to Renewables in US to Accelerate Over Next 2-3 Years: Report

The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the IEEFA’ U.S. Power Sector Outlook 2021. The report adds that solar and battery storage adoption is enjoying almost exponential growth, and wind and solar technology improvements have helped turn the two resources […]

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DGTR Initiates Anti-Dumping Investigation on Fluoro Backsheets for PV Modules

DGTR has initiated an anti-dumping investigation on Fluoro Backsheets used in the manufacturing of solar modules exported from China The Directorate General of Trade Remedies (DGTR) has notified that upon successful application by Renewsys India, it has initiated an investigation to determine the existence, degree and effect of any alleged dumping of Fluoro Backsheets used […]

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Rooftop Solar + Storage From Batteries and EVs in India’s near-future: IEEFA

Policymakers must build the framework required for combining rooftop solar with battery storage and EVs to meet India’s 2030 targets Policymakers and regulators must build the framework required for combining rooftop solar with battery storage and electric vehicles (EVs) to meet Prime Minister Narendra Modi’s vision for a sustainable, energy-secure future, according to a new […]

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SolarWindow Sets new Record by Doubling its Power Conversion Efficiency

SolarWindow Technologies, a developer of transparent liquid coatings and processes for generating electricity on glass and plastics, has announced that it has more than doubled its prior certified performance, also achieving the highest independently-certified power conversion efficiency of previous organic photovoltaic devices fabricated at the US Department of Energy’s National Renewable Energy Laboratory in Golden, […]

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