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PFC Incorporates 5 SPVs for Evacuating Renewable Energy

State-owned power sector lender Power Finance Corporation Ltd (PFC) has incorporated, via its arm PFC Consulting, five of the project-specific special purpose vehicle (SPV) companies. These SPVs will facilitate the evacuation of renewable energy from the states of Andhra Pradesh and Rajasthan. PFC said that “5 Special Purpose Vehicle (SPV) companies have been incorporated as wholly-owned subsidiaries […]

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Sungrow Smart Energy Virtual Show to Kick off on June 15th 2020

The situation changes on a daily basis due to the COVID-19 pandemic, while the global market still witnesses a big growth in solar and storage segments. Sungrow, a global inverter solution supplier, keeps pioneering in advanced technologies and announced recently that it would bring an extraordinary smart energy virtual show on June 15th-19th despite the […]

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AES Selected for 2 Solar Plus Storage Projects in Hawaii

AES  Distributed Energy has been selected by HECO to develop and operate two new utility-scale solar plus storage facilities on O’ahu, Hawaii. AES  Distributed Energy (AES DE), a division of the AES Corporation, has been selected by the Hawaiian Electric Company (HECO) to develop and operate two new utility-scale solar plus storage facilities on O’ahu, Hawaii. Combined, these two projects are expected to generate a total […]

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8minute Gets $225 Mn Loan from CIT Consortium for 18 GW Solar + Storage Projects

8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the United Sates, has secured a USD 225 million letter of credit (LC) facility from CIT led consortium. The consortium led by CIT as a sole coordinating lead arranger is comprised of 5 banks including KeyBank, HSBC, Rabobank and Nomura Holdings. […]

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Diagnostics – An Effective Approach for Solar industry

Diagnostics of a solar power plant can be an important tool to evaluate the “health” of a solar plant and identify measures to improve generation and optimize O&M. A typical diagnostics study would entail complete power flow mapping of a solar plant by measuring module degradation and damages, O&M efficacy, inverter efficiency, breakdown and plant […]

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Risen Energy Reaffirmed as Leading Modules Supplier in India by BTI

Risen Energy has announced that it has been reaffirmed as the leading volume supplier of solar PV modules in India in 2019 by Bridge To India (BTI) Risen Energy has announced that it has been reaffirmed as the leading volume supplier of solar PV modules in India in 2019 by consultancy group Bridge To India […]

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Tracking SDG 7: The Energy Progress Report (2020)

his joint tracking report monitors and assesses global progress in the quest for sustainable, affordable, reliable, and modern energy services for everyone. Published annually by the custodian agencies of Sustainable Development Goal (SDG) 7 on energy, the report serves to guide international co-operation and policy-making to achieve universal, sustainable energy access by 2030. The annual […]

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COVID-19 Intensifies Need to Expand Sustainable Energy Solutions Globally

A new report has found that the world will fall short of ensuring universal access to affordable, reliable, and sustainable energy by 2030 unless efforts are scaled up significantly Despite accelerated progress over the past decade, the world will fall short of ensuring universal access to affordable, reliable, sustainable, and modern energy by 2030 unless […]

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Five of the World’s Largest Offshore Wind Energy Farms

A list of five of the world’s largest offshore wind energy farms which are currently in operation, and a few upcoming projects that can disrupt these rankings. Offshore Wind Energy is a technology that just a decade ago was struggling to establish long term viability, even as Onshore wind energy was making giant strides.  There […]

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