Energy Storage

EBRD looks to boost equity investments in Egypt

CAIRO : The European Bank for Reconstruction and Development (EBRD) expects to keep investments in Egypt at over 1 billion euros this year, boosting its equity portfolio through a delayed privatisation programme, its regional director said. The bank intends to participate in an expected share offering for state-run Alexandria Container and Cargo Handling Company, among […]

Research

E.ON’s move to supply 100% renewable electricity signals changing trend in UK power market, says GlobalData

E.ON’s move to supply its residential customers with 100% renewable electricity can potentially influence the *Big Six to move towards renewable energy and signals a changing trend in the UK power market, says GlobalData, a leading data and analytics company. With the UK aiming to phase out all its coal-fired plants by 2025, the Big […]

Asia - Pacific

ReneSola Signs Agreement to Sell 12.3MW of China Rooftop DG Projects

SHANGHAI: ReneSola Ltd (“ReneSola” or the “Company”) (www.renesolapower.com) (NYSE: SOL), a leading solar project developer, today announced that it had entered into an agreement to sell two project companies – including ten rooftop DG projects located in Zhejiang Province – to Shanghai Hongzuo New Energy Company. The ten rooftop projects have an aggregate capacity of […]

Europe & UK

Q CELLS supplies low-carbon modules to 4.5 MW solar plant in France

The largest ground mounted solar plant in France’s Brittany region was connected to the grid in early July, powered by 14,600 Q.PEAK-G4.2 solar modules – supplied by Q CELLS. Berlin, Germany: Hanwha Q CELLS GmbH (“Q CELLS” or “The Company”), the German subsidiary of one of the largest solar cell and module manufacturers in the […]

Americas

GE and BlackRock Launch Distributed Solar and Storage Business

With BlackRock as a partner and a new focus on project ownership, GE’s under-the-radar solar business may be in for noisier days ahead. General Electric is a big and sprawling company that’s undergone some dramatic reorganizations over the past few years, particularly in its renewable energy, energy storage and grid edge business lines. But over […]

MEA

Sunlight to generate electricity and purify water simultaneously

The ramifications of the water-energy nexus have been greatly aggravated especially in arid and semi-arid regions New Delhi: Waste heat generated from photovoltaic solar panels can now be used to purify water simultaneously, according to researchers from Saudi Arabia’s King Abdullah University of Science and Technology. They have designed a device which consists of a three-stage membrane […]

PV Manufacturing

RECOM to increase module capacity with manufacturing plant in Belarus

European renewable energy company RECOM is investing in a new PV module manufacturing facility in Belarus to increase its European production capacity. The facility, at a distance of 2 km from the Minsk international airport, is currently at its late phase of construction and will become fully operational end of October 2019 with 300MW annual […]

Business & Finance

German Clean-Energy Fund Expanding Into U.S. Solar Development

Germany : based clean-energy fund Hep Kapitalverwaltung AG agreed to invest $50 million to $80 million annually in a partnership to develop small solar projects in the U.S. Hep and ReNew Petra, a North Carolina-based renewable energy company, plan to jointly develop more than 100 megawatts of solar annually, according to a statement Wednesday. Their […]

Solar Off Grid & Roof Tops

Rooftop solar players shut shop as going gets tough

More than 12 EPC players in the rooftop solar segment have either closed or are on the verge of closing their rooftop solar divisions due to tough financial conditions. The falling margins and tariff pressure have forced Indian EPC rooftop solar players to shut shop over the last six months as they find it difficult […]

Solar Balance of Systems

Press release: Hartek Power’s solar EPC portfolio surpasses 500 MW

Chandigarh-based Hartek Power Pvt Ltd, one of India’s fastest growing Engineering, Procurement and Construction (EPC) companies, has successfully connected 270-MW solar projects spread across Punjab, Uttar Pradesh and Karnataka to the grid. With the commissioning of these projects, the power systems EPC portfolio of Hartek Power has surpassed 500 MW in solar power projects. Cashing in […]

Solar Inverters

ABB To Deliver Unique Solar Solution For Costa Rica

ABB has delivered a unique solar solution enabling Costa Rica’s largest solar park to provide a clean and independent power supply to 10% of the country’s population, supporting Costa Rica’s ambition to ensure 100 percent of its energy comes from renewable sources. ABB has supplied its award winning PVS-175 high power inverters to Costa Rica’s […]

Renewable Energy

AP Moller Holding makes first moves in the renewable energy market

A.P. Moller Holding, which controls Denmark’s A.P. Moller-Maersk, made its first move into the renewable energy market yesterday, revealing it will buy local wind turbine supplier KK Group from Swedish private equity Solix Group. “Denmark is the leading hub for the wind industry worldwide with significant global growth potential. We look forward to supporting KK […]

Electric Vehicles

Reuters: LG Chem Plans to Build a New US$1.7 Billion EV Battery Plant in the US

LG Chem, South Korea’s major manufacturer of powertrain batteries for electric vehicles (EVs), is contemplating on investing a second battery production plant in the US so as to meet the increasing demand from American car makers, according to an exclusive report from Reuters on July 11. Sources with knowledge on this matter told Reuters that […]

Solar Jobs

Design Engineer (solar Energy)

Job Description: 1. Leading the Design and/or Detailed Engineering of Solar PV projects 2. Minimum experience of Solar PV Projects : 25MW 3. Thorough knowledge of Energy Estimation 4. Software Skills : PV Syst, CAD Salary: INR 8,00,000 – 10,00,000 P.A. Industry:Oil and Gas / Energy / Power / Infrastructure Functional Area:Engineering Design , R&D […]