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US Firm MW Solar Secures CAD 50 M Invt Commitment to Go Public

US firm MW Solar has signed an agreement with GEM Global Yield, a Luxembourg-based private alternative investment group, to receive a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common […]

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RE Push in U.S. Drives Up Solar Jobs: 3 lakh New Posts During Oct-Nov

The US solar industry is proving to be one of the hottest hiring sectors, thanks to an increased national focus on green energy driving up renewable jobs. According to a new analysis by Washington-based staffing and recruiting solutions provider PeopleReady’s skilled trades division, 305,000 solar jobs were posted between October and November, with roughly 230,000 […]

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Tamil Nadu Discom Gets Nod For 500 MW Projects Under Component A of PMKUSUM

In its order based on a hearing held on December 28, the Tamil Nadu Electricity Regulatory Commission (TNERC) has approved the Tamil Nadu Generation and Distribution Corporation’s (TANGEDCO) proposal to procure upto 500 MW of solar power from projects with capacity in the range of 1 MW to 2 MW under Component A of the […]

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Maha Discom Seeks Bids for 500MW Solar Plants Under KUSUM Scheme

The Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has released a Request for Selection (RfS), inviting bids for the procurement of cumulative 500MW (AC) solar power from decentralised solar projects under Component-C of PM KUSUM scheme to be developed in the state through RESCO mode. The pre-bid conference will be held online on January 6, […]

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Axitec Launches 540W Module For India, Focus on Large Projects

AXITEC, one of the few German Solar PV brands that has survived the competition from China has an interesting approach to manage operations. With its headquarters and core engineering team in Stuttgart in Germany supporting the manufacturing capacity of 1 GW, which itself is spread across key markets including EU, China, Vietnam, Cambodia and India. […]

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New EU Rules On Energy Projects Focus on Flexibility, Climate Change

The European Commission has endorsed the new Climate, Environmental Protection and Energy State Aid Guidelines (CEEAG).  to ensure that its state aid rules play their full role in supporting the European Green Deal, according to a recent announcement. Back in February, the European Commission (the executive branch of the European Union) organised a conference about how […]

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Construction of World’s Largest Green Industrial Park Kicks off in Indonesia

Indonesia has begun the construction of what is being hailed as the world’s largest green industrial park in Bulungan district on the country’s second-largest island of Kalimantan. “We hope that this will be the largest green industrial park in the world, not only in North Kalimantan, not only in Indonesia, but in the world,” Indonesian […]

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New Intl Consortium to Advance High-Tech Mirrors Used in Solar Plants

The U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL), joined by partners at Sandia National Laboratories and the Australian Solar Thermal Research Institute, has announced the launch of the Heliostat Consortium (HelioCon): an international effort to drive down the cost of heliostats. HelioCon seeks to emphasise the significance of heliostats as a key […]

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