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Nextracker Awarded Master Supply Agreement by Solaria to Supply 125 MW of Smart Solar Trackers Across Spain

Nextracker, a Flex company, announced that is has been selected by Solaria Energía Medio Ambiente (SOLARIA) to supply 125 megawatts of its world-leading solar tracker technology, NX Horizon™ for numerous project sites in Spain. Solaria will utilize Nextracker’s smart solar tracker technology, NX Horizon, to maximize performance and minimize operational costs. The announcement comes as Spain […]

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Chinese NEV, HEV Sales to Rise Over 15-fold by 2035: WoodMac

Sales of China’s new energy vehicles (NEV) and hybrid electric vehicles (HEV) combined are expected to rise 15-fold or more by 2035 with their share in total new car sales exceeding 80%, says Wood Mackenzie. In the latest Energy-saving and New Energy Vehicle Technology Roadmap 2.0, China aims to phase out conventional internal combustion engine […]

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Europe’s Energy Storage Market Expected to Double in 2021: EMMES 5.0

According to a report released by the European Association for Storage of Energy (EASE) and Delta-EE today, Europe‘s annual energy storage market is expected to reach 3 GWh in 2021 from 1.7 GWh in 2020, almost double the growth rate.  The fifth edition of the European Market Monitor on Energy Storage EMMES 5.0, which report […]

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Scatec Targeting 15 GW Renewable Capacity by 2025

At its Capital Markets Update today, renewable company Scatec confirms its current 4.5 GW capacity target for 2021 and raises its target to 15 GW by end of 2025. The business plan is supported by Scatec’s track record of strong growth and a solid project pipeline across solar, wind, hydro and storage in high-growth markets globally. 12 […]

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AfDB Funds $530 Mn Transmission Line in Angola to Boost Renewable Distribution

AfDB to finance transmission line that will connect the north and south grids in Angola and allow for the distribution of clean energy The African Development Bank (AfDB) has committed USD 530 million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect the north and south transmission grids […]

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Ginlong Solis Honoured with the Top Brand PV 2021 Award for Inverter Manufacturers

Bonn. Ginlong (Solis) Technologies a global leader in photovoltaic string inverter manufacturer  has been awarded with the Top Brand PV 2021 seal in the Netherlands. This is based on a survey of Dutch PV installers by EUPD Research, a market- and economic research institution based in Bonn. Throughout the survey phase for the “Global PV […]

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25% of Urban Population Lives in a City with RE Target, 18% in India: Report

A new report has found that 25% of the urban population lives in a city with a renewable energy (RE) target, lowering to 18% in India. The latest Renewables in Cities 2021 Global Status Report shows that more than 1 billion people – about 25 percent of the urban population – live in a city with […]

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USAID, DFC to Grant $41 Mn Loan to Help Indian SMEs Finance Rooftop Solar

USAID and DFC are sponsoring a USD 41 million loan portfolio to help finance investments by Indian SMEs in renewable energy, including rooftop solar. The United States Agency for International Development (USAID) and the U.S. International Development Finance Corporation (DFC) are jointly sponsoring a USD 41 million loan portfolio guarantee to help finance investments by […]

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