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ADB and LEAP Sign $18.7 Mn Loan Agreement For Financing 5MW Solar Plant in Mongolia

The loan agreement marks ADB’s first co-financing with LEAP in Mongolia’s renewable energy sector. The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) today signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15 MW […]

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CECEP Connects World’s Largest Floating Solar Plant in China

Chinese state-owned developer CECEP, in collaboration with French floating solar specialists Ciel & Terre, has connected its 70 MW floating solar power plant in Anhui, China to the grid after the project successfully cleared all tests and monitoring. Located on a former coal-mining area, in Yongqiao district, Suzhou city, the floating PV array will mainly […]

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Hyundai and Kia to Invest $300 Mn in Ola with Key Focus on Electric Mobility Solutions

The companies will collaborate on building a unique fleet and to develop EVs and charging infrastructure customised for the Indian market. Hyundai Motor Group and Ola have announced a strategic partnership under which Hyundai Motors and Kia Motors Corporation will make their biggest combined investment to date, as part the Group’s continued efforts to become […]

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Iberdrola Commences Work on $340 million Spanish Solar Plant

Spanish utility Iberdrola has commenced work on a 500-megawatt (MW) solar photovoltaic power plant in Badajoz, Spain. It is its first PV project in Europe. The facility, Iberdrola’s first photovoltaic plant in Europe, will use 1.5 million panels spread across a 1,000-hectare site. The company will invest around 300 million (US$340 million) euros in its development. Iberdrola […]

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In a First: Solar Panels That Store Both Electricity and Heat

Building-integrated PV cells that supply both heat and electricity have been developed at SINTEF’s solar cell lab in Trondheim. One answer to new energy demands of the world is to install building-integrated PV (BIPV) cells, either in the form of roof tiles or facade elements. However, the feasibility of this will require lower costs and […]

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China’s Ambitious Solar Power Space Project is a bet on the future

China plans to have a solar power station orbiting the earth at 36,000 km, allowing it to tap the energy of the sun’s rays without interference from the atmosphere or loss of sunlight. According to Chinese media, the country is working on plans to build a solar farm in space. The project is hugely ambitious […]

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Nordex Wins Wind Projects Totalling 108 MW in Greece

European wind energy major, Nordex Group has won new orders for wind farms from Greece. Terna Energy SA has ordered a total of 36 machines of different models with a capacity of 108 MW. The orders also include a Premium Service contract covering five years with an option to extend for a further five. “We […]

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Panasonic Sets Up EV Charging Station at BSES Yamuna Power Limited

Panasonic, a diversified technology company, announced its collaboration with BSES Yamuna Power Limited to set up an electric vehicle charging station at their New Delhi head office. Globally known for sustainable efforts, Panasonic has developed the charging station in India at their in-house R&D center. The EV charging station was inaugurated in the presence of […]

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Hanergy’s Innovative Thin-Film Solar Products Bag Multiple iF Design Awards

Hanergy Thin-Film Power Group, one of the world’s largest thin-film solar power solution company, recently bagged the prestigious iF Design Awards 2019, for four of its cutting-edge products. The company’s winning products include one Gold Award for its Single-Glass Triple-Arch HanTile, and an additional three three design awards for its Single-Glass Spool HanTile, Fold Backpack […]

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