Solar News

Iberdrola Acquires French Renewables Firm Aalto Power for €100 Mn

Iberdrola has signed an agreement for the acquisition of the French renewable energy company Aalto Power for 100 million euros. Spanish multinational electric utility Iberdrola has announced that it has signed an agreement for the acquisition of the French renewable energy company Aalto Power, which is owned by Aiolos and Caisse des Dépôts et Consignations, for […]

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kWh Analytics Closes a Solar Revenue Put with Capital Dynamics and More

kWh Analytics, a solar risk management firm, has structured a ‘Solar Revenue Put’ as part of the refinancing of a 173 MW PV facility in California kWh Analytics, a market leader in solar risk management, has announced that it has structured a ‘Solar Revenue Put’ as part of the refinancing of the 173 MW DC […]

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Uber Leads $170 Mn Investment in Electric Scooter Rental Firm Lime

Electric scooter and bike-sharing firm Lime has announced that it has raised USD 170 million in an investment round led by Uber and Alphabet Electric scooter and bike-sharing firm Lime has announced that it has raised USD 170 million in an investment round led by Uber. Other investors include Alphabet, its venture capital arm GV, […]

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Wind Power Will be a key Building Block for Economic Recovery: Industry

Corporates and wind associations have released a statement highlighting wind power’s role in the global economic recovery following the COVID-19 crisis The Global Wind Energy Council (GWEC) along with key signatories representing all the major wind industry corporates and associations across the world have released a statement highlighting wind power’s role in the global economic […]

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Top 10 Rooftop Solar States by Installed Capacity in India

India has set one of the world’s most ambitious targets of 175 gigawatts (GW) for renewable energy capacity addition by 2022, including 100 GW for solar, 60 GW for wind, 10 GW for bioenergy and 5 GW for small hydro-power. Out of the solar’s 100 GW capacity, 40 GW will come from rooftop solar and […]

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Tender Issued for Supply of Solar High Mast Lights at NTPC Vindhyachal

State-owned NTPC, India’s largest energy conglomerate, has floated tender inviting eligible bidders for supply, erection and commissioning of solar high mast light in AWRS area at NTPC’s Vindhyachal Super Thermal Power Station. The bidding will be done through e-tendering (in single-stage and two envelope mode) without reverse auction. The cost of tender is Rs 1,328 […]

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SolarEdge Posts Record Revenue at $431.2 Mn in Q1; Driven by Solar Biz

Israel-based smart energy technology specialist, SolarEdge Technologies (SolarEdge) has reported its robust total revenue jumped by 59 percent at USD 431.2 million in the first quarter of 2020 from USD 271.9 million last year, mainly on account of record revenue from the solar business. Moreover, it’s net diluted earnings per share (EPS) during the quarter […]

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JNCASR Researchers Invent Economical, Energy-Efficient Wafer-Scale Photodetector

The researchers from Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), a multidisciplinary research institute, have invented a cost-efficient and energy-efficient wafer-scale photodetector, which is capable of detecting weak scattered light. This is a thin slice-based photodetector, which uses gold – silicon interface, designed mainly for security applications, to track unwanted activity. This research of […]

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‘PFC Should Lend More to Renewable Energy Instead of Stranded Assets’

Instead of backing obsolete & uneconomical coal-fired power plants that could soon become stranded assets, state-owned power sector lender, PFC should lend more to support renewable energy capacity addition, suggested by the Institute for Energy Economics and Financial Analysis (IEEFA) in its new findings. Both Power Finance Corporation (PFC) and Rural Electric Corporation Ltd (REC) […]

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