OPEC’s Fund for International Development is among a group of development banks providing $114 million of loans to build the largest privately owned solar plant in Egypt. ACWA Power’s 200-megawatt Kom Ombo site also received funding from the European Bank for Reconstruction and Development, the African Development Bank, the Green Climate Fund and Jordan’s Arab […]
Tredco for Engineering Industries installs solar unit at its refrigerators factory
El Sayad said that the cost of the company’s electricity bills stood at EGP 1.2m annually before the solar unit’s installation. He also pointed out that after installing the unit, the cost is set to decline to zero. Tredco for Engineering Industries Company has installed a solar unit worth EGP 3m at its new refrigerators […]
Provn of Roof Top Solar System
Visionstate Signs Letter of Intent to Acquire Exceed Solar, a Renewable Energy Company
EDMONTON, Alberta : Visionstate Corp. (TSX-V: VIS) (“Visionstate” or ‘the Company”) is pleased to announce that on April 15, 2021, it has signed a Letter of Intent to acquire the outstanding shares of Exceed Solar, an Alberta-based renewable energy company focused on smart, high-tech building envelopes for residential applications. The strategic acquisition is in line […]
Germany expands capacity in wind, solar power auctions
Speeding up the momentum to meet climate goals within the European Union will be a major issue in Germany’s general election in September, and the Green Party is making quick gains in the polls. FRANKFURT: Germany will expand the energy capacity tendered in renewable power project auctions to help decarbonise electricity, and will relieve the […]
GE joins with Powermax to expand solar panel business
GE Korea has signed a memorandum of understanding with Powermax, Korea’s mid-sized heavy electric equipment maker, to expand solar panel business in Korea to ride on government-led Green New Deal promoting renewables. Source: pulsenews
Fossil Launches Pro-Planet Cactus Leather Tote Bags and Limited-Edition Solar Watch in Hong Kong in Celebration of Earth Month
HONG KONG SAR : As part of a continued commitment to sustainability, and in celebration of Earth Month, Fossil is proud to launch our latest pro-planet assortment. This collection includes brand new cactus leather tote bags made in partnership with Desserto, and our second iteration of the limited-edition Solar Watch. The launches follow commitments that […]
Chinese PV Industry Brief: First quarter brought 5.5 GW of new solar, Zhonghuan Semiconductor acquires stake in Maxeon
Solar demand grew around 40%, year-on-year, during the first three months of 2021 and wafer producer Zhonghuan Semiconductor has raised its holding in Singaporean solar manufacturer Maxeon to become its second-largest shareholder after Total. Wang Shijiang, secretary general of the China Photovoltaic Industry Association, told the China International Clean Energy Expo in Beijing the volume […]
China’s Solar Dominance Presents Biden With an Ugly Dilemma
President Biden’s vow to work with China on issues like climate change is clashing with his promise to defend human rights. WASHINGTON : President Biden has repeatedly pledged to work with China on issues like climate change while challenging Beijing on human rights and unfair trade practices. But those goals are now coming into conflict […]
ACEN focusing on solar, wind, BESS in 2021
AC Energy (ACEN) is looking to develop solar, wind and battery energy storage systems (BESS) projects this year to increase its renewable energy (RE) portfolio. At the company’s annual stockholders meeting on Monday, ACEN President and CEO Eric Francia said the Ayalas’ power arm prepared to invest heavily in RE, led by solar and wind, […]