Asia - Pacific

China goes ahead with hydrogen-powered cars, defying Elon Musk’s warnings

In a 15-year plan for new-energy vehicles released on Nov. 2, China’s State Council said the country will focus on building the fuel-cell supply chain and developing hydrogen-powered trucks and buses Tesla Inc. Chief Executive Officer Elon Musk has spent years mocking the idea of using hydrogen fuel cells rather than electric batteries to power […]

Europe & UK

Spain to channel $1.8 bln in EU rescue funds to ‘green’ hydrogen

MADRID: Spain will spend 1.5 billion euros ($1.8 billion) from a European economic recovery fund over the next three years in developing “green” hydrogen production, which will use renewable power, Prime Minister Pedro Sanchez said on Thursday. With its sunny plains, windy hillsides and gas infrastructure, Spain is keen to lead production of hydrogen using […]

Americas

Boralex Announces Agreements to acquire Interests in Seven Solar Plants in the United States for US$216.5M

Boralex Announces Agreements to acquire Interests in Seven Solar Plants in the United States for CA$283M (US$216.5M)               Montréal, Québec: Boralex Inc. (TSX: BLX) (“Boralex” or the “Corporation”) is pleased to announce that Boralex US Solar CIA LLC, a wholly owned subsidiary of the Corporation, has entered into binding agreements with Centaurus Renewable Energy LLC (“CRE”) […]

MEA

IFC, Agricultural Bank of Egypt partner to promote farmers’ switch to solar irrigation systems

CAIRO – 19 November 2020 : International Finance Corporation (IFC) and the Agricultural bank of Egypt (ABE) announced Thursday a partnership to help of Egyptian farmers access financing to purchase solar irrigation systems, reducing their reliance on diesel-powered generators and boosting their productivity. Using solar power for water pumping could potentially save farmers an estimated […]

Advertisement

PV Manufacturing

PV Module Improvements to Drive Down Solar Prices in 2020s: WoodMac

In the 2020s, an improvement in module efficiency and power class will drive declining investments and ultimately lower solar LCOE The global solar industry has seen tremendous growth over the past decade as the annual demand for solar increased year on year while the cost of solar decreased significantly. In the 2020s, the cost of […]

Business & Finance

Digital energy firm Tibber raises $65 mln in funding round

Tibber, with over 100,000 paying households in Norway, Sweden and Germany, said it would use the funds to invest further in its platform and expand geographically, starting with the Netherlands next year STOCKHOLM: Nordic digital electricity company Tibber said on Tuesday it had raised $65 million in a funding round led by Eight Roads Ventures […]

Solar Off Grid & Roof Tops

Ladakh MP inaugurates 12 Solar Roof Top 5 Kw Power Plants

MP Ladakh Jamyang Tsering Namgyail today inaugurated the 12 Solar Roof Top 5 Kw Power Plants in different hamlets of Kanoor Village, funded and provided by former Chairman J&K Legislative Council and MLC Kargil Haji Anayat Ali from his Constituency funds and implemented by Kargil Renewable Energy Development Agency (KREDA). He said, it is a […]

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

Solar Inverter Market Reached Record Highs in 2019

A new report highlights the stepdown of the ITC and the rise of the inverter replacement market in Europe. The global PV inverter and module-level power electronics market crossed the threshold of $9 billion in value for the first time in 2019. Inverter shipments also hit a record high last year, falling just short of 130 gigawatts, […]

Renewable Energy

Renewable power is defying the Covid crisis with record growth this year and next

Renewables will account for almost 90% of the increase in total power capacity worldwide in 2020 and will accelerate in 2021 to their fastest growth in the last six years, new IEA report says Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the Covid-19 crisis in […]

Open chat