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Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects

HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind  and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm.  HFE signed an agreement with IFC […]

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Solar market in India to grow by 90% in 2017: Bridge to India

2017 will be a bumper year for the sector in India with total installed capacity reaching around 18 GW by the end of the year Indian solar market to witness stellar growth in 2017 with total installed capacity reaching around 18 GW by the end of the year claims Bridge to India. According to the […]

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Interview with Kushagra Nandan, President, COO & Co-Founder, SunSource Energy

SunSource Energy develops, engineers, procures, constructs, and operates solar power plants and projects, to help Clients in institutional, industrial, commercial and non-profit sectors use solar energy more intelligently and efficiently. Kushagra Nandan, President, COO  & Co-Founder, SunSource Energy in an exclusive tête-à-tête with Santanu Mukherjee, Sr. Journalist, Saur Energy International shares about the challenges in […]

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VivoPower International and Arowana Inc. Announce Completion of Business Combination

VivoPower International PLC, a global next generation solar power company, and Arowana Inc. announced the closing of their business combination transaction. Pursuant to the transaction, ARWA contributed approximately $16.8 million in cash to VivoPower in exchange for 6,088,200 newly issued VivoPower ordinary shares, which are to be distributed to holders of ARWA’s ordinary shares, rights […]

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Duke Energy completes sale of international business in Brazil

Duke Energy completed the previously announced sale of its international business in Brazil to China Three Gorges Corp. for approximately $1.2 billion enterprise value. The company is exiting the Latin American market to focus on its domestic regulated business, which was further bolstered by the acquisition of Piedmont Natural Gas. Duke Energy announced the sale […]

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Global building-integrated photovoltaics (BIPV) market to grow at a CAGR of almost 10%: Technavio

Technavio in its latest market study predicts the global building-integrated photovoltaics (BIPV) market to grow at a CAGR of almost 10% during 2017-2021. The research report titled ‘Global Building-integrated Photovoltaics Market 2017-2021’ identifies need to reduce energy cost is one of the key drivers responsible for the growth of the global BIPV market. According to […]

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1366 Technologies with Hanwha Q CELLS hits 19.6% Cell Efficiency Using Direct Wafer and Q.ANTUM Cell Technologies

1366 Technologies with Hanwha Q CELLS has achieved  a new performance record of 19.6% cell efficiency for 1366’s Direct Wafer technology. The result was independently confirmed by the Fraunhofer ISE CalLab and clearly demonstrates the combined potential of the two inventions – 1366’s kerfless, drop-in 156 mm multicrystalline wafers and Hanwha Q CELLS Q.ANTUM, passivated […]

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Duke Energy completes sale of international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador, Argentina

Duke Energy completed the previously announced sale of its international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise value. The company is exiting the Latin American market to focus on its domestic U.S. regulated core business. Duke Energy announced the sale of its assets […]

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Thin Film Solar Cells Market Size to Exceed $30bn by 2024: Global Market Insights

Global Market Insights forecasts the thin film solar cells market size to exceed USD 30 billion by 2024. The research firm notes that strong concerns towards fossil fuel depletion with stringent regulations to reduce greenhouse gas emission will drive global thin film solar cells market share. Financial incentives including tax rebate, subsidies, net metering, FIT, […]

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