International

As Europe Changes Solar Manufacturing, Overcapacity Risks Loom

The European Solar Manufacturing Council (ESMC) has welcomed the forthcoming EU strategy for solar energy as the framework for building long-term competitiveness and critical mass of PV manufacturing capacities in Europe. This is crucial for reducing strategic dependencies, ensuring energy security and boosting the economic growth of the EU, states the council. As the European-wide […]

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Sungrow Signs 500 MWac Contract For PV Inverter Solutions in Brazil

Sungrow continues to build on its leadership in the Brazilian market. In a year marred by the impact of Covid the Free Energy Market (PL 1917/15) that is in final approval stage has ensured a positive outlook for solar power in Brazil. Sungrow recently closed a 500 MWac PV inverter solution supply contract with Mercury […]

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Lightrock Power to Build 400 MW Solar Projects in UK

After ‘farming friendly’, animal friendly solar is also getting here. Bristol based solar power developer Lightrock Power has announced that the company plans to develop a number of solar projects in the United Kingdom that will be ‘wildlife-friendly.’ The combined capacity of the solar projects will be 400 MW. As per Lightrock Power, these upcoming […]

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South Korea Counts On Floating Solar To Overcome Land Scarcity

Towards last year’s end, South Korean solar developer Scotra completed the construction of a 41 MW floating solar installation on a reservoir on the Hapcheon Dam. The land-scarce country has set a target of installing 2.1 GW of floating solar by 2030 and of becoming carbon-natural by 2050. Floating solar farms employ solar panels that are attached […]

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Saudi Researchers harvest water near solar panels to improve efficiency

Researchers at the King Abdullah University of Science and Technology in Saudi Arabia have come up with a novel technology where a solar panel is fitted with an additional system which can harvest water without consuming power from the panels. In the three months long trials, the system used day and night temperature differences and […]

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Enfinity Global adds to portfolio in Japan 250 MW solar portfolio worth $1 billion

Enfinity Global Inc., a leading renewable energy and sustainability services company, has announced the acquisition of a 250 MW solar photovoltaic portfolio in Japan with an enterprise value of $1 billion. This acquisition consolidates Enfinity Global’s platform in Japan and positions the company for further expansion in the country. The acquisition includes three operational large-scale solar power plants and […]

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Global Solar PV Wafer Market To Grow By 73.71 GW By 2026

Research firm Technavio predicts a strong growth for the global solar wafers market. The firm expects the solar photovoltaic wafer market to grow by 73.71 gigawatts from 2021 to 2026. The growth momentum of the market will accelerate at a CAGR of 14.80% during the forecast period. This is a period when many markets, especially […]

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AMPYR gets $455m for 2GW of new solar energy projects

European conglomerate AMPYR Solar Europe (ASE) has secured a massive facility of $455 million or €400 million that will enable the company to establish about 2GW of solar power capacity into operation. This project will span the entire Europe and shall be complete by 2025. The facility has been secured from CarVal Investors. AMPYR Solar […]

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Saudi Arabia’s Bin Omairah to Up Solar Panel Exports to Europe, Africa

Saudi Arabia’s Bin Omairah Holding has planned to increase the export of its solar panels to capitalise on the expanding markets of Europe and Africa. The exports will be done from the company’s factory operational in the Tabuk region. It has also been learnt that the company has plans to open another plant for solar panels […]

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