African Development Bank bags US$52.5 million financing for 100MW of Zambian renewables
The Green Climate Fund is going to provide a US$50 million loan and a US$2.5 million grant for the African Development Bank to help support 100MW of "mostly solar" projects under Zambia’s Renewable Energy Financing Framework.
ENGIE North America to acquire SoCore Energy, 320MW PV pipeline
ENGIE North America has signed off on an agreement to acquire SoCore Energy, a fully-integrated developer, owner, and operator of municipal/co-op PV, community solar, and commercial and industrial (C&I) PV projects across the United States of America. ENGIE North America will acquire SoCore Energy as
Indian PV manufacturers to refresh anti-dumping petition to avoid being ‘short-changed’
ISMA (The Indian Solar Manufacturers Association) has withdrawn its anti-dumping petition regarding PV imports from China, Taiwan and Malaysia, but intends to soon file a fresh petition to strengthen its case. The Directorate General has already recommended a 70% duty, which many in
Vattenfall earmarks €100 million for new solar projects
In developing solar plants over the next two years, Vattenfall has announced plans to invest up to €100 million (US$123.2 million). That investment will be made into utility-scale plants where existing infrastructure can be used to reduce the costs.
Sungrow surpasses rival SMA Solar in revenue generation for the first time in 2017
Major China-based PV inverter manufacturer Sungrow Power Supply Co reported preliminary unaudited revenue for 2017, which surpasses European rival, SMA Solar Technology’s revenue figures for the first time.
Daqo fast-tracking 12,000MT high-purity polysilicon expansion to meet mono wafer demand
The China-based polysilicon producer, Daqo New Energy has announced plans for expanding production by at least 12,000MT in less than 18-months.
Wind, solar could meet 80 percent of US demand: study
Wind and solar power could meet 80 percent of United States of America demand for electricity. According to the report in the journal Energy and Environmental Science, a few years ago, these renewable energy sources were thought to be capable of supplying only about 20-30 percent of US needs. Options can include
AES and KIUC break ground on Hawaii’s largest solar-plus-storage system
AES Distributed Energy, a subsidiary of AES Corporation, and nonprofit transmission firm Kauai Island Utility Cooperative has broken ground on a 28MW solar and 100MWh five-hour duration battery energy storage system in Kauai, Hawaii.