China On Course For 1 TW Solar Capacity By 2026, 500 GW In 2023

China’s solar sector is set to break records in the coming years. When installed capacity crosses the 500 gigawatts (GW) mark by the end of 2023, it will have taken 13 years to reach that milestone. That total, however, will be doubled to 1 terawatt (TW) in just three additional years. Rystad Energy modeling shows […]

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US Agri Startup Aigen Brings Solar Powered Robotics To Farm Cleanup

Aigen, a startup in the field of agricultural technology, based in Seattle, US has recently introduced a groundbreaking robotics platform that operates autonomously and can be scaled up easily. The USP of the platform is that it exploits solar and wind energy as its sole power sources. The firm claims that the Aigen Element Service […]

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Nepal Invites Tenders for 100 MW Solar Projects

Nepal Electricity Authority (NEA), the state-owned power utility, has invited bids for the selection of independent power producers (IPPs) for the development of 100 MW of grid-connected solar PV capacity. These projects will come up at 16 designated sites in the Himalayan country. According to the notification, the last day for the players to submit […]

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Loanpal Receives $800+ Million in First External Investment Round

Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of $800+ million Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of more than USD 800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings […]

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Nepal Electricity Authority Invites Bids to Supply Solar Power

The successful developers have to finish the construction and installation work and start supplying electricity within one year after they sign PPA agreement with the NEA. To expand the power sources in the country the Nepal Electricity Authority (NEA) has beefed up its efforts while calling for global tenders to select independent developers and supply […]

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China Solar PV Capacity Surges 22% in Q1 2018

In contrast, utility-scale installed capacity declined 64 per cent to only 1.95GW in the first quarter of 2018, compared to the prior year period. In the first quarter of 2018 China installed a total of 9.56GW of Solar PV capacity. This is an increase of 22 percent as compared to previous year, according to China’s […]

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Global Solar Market to Reach Over 106GW in 2018, TrendForce Forecasts

Global solar demand in 2018 is expected to reach 105.88 GW, up from roughly 100 GW in 2017, driven by two installation rushes in China and e recovery on the European market. This is a forecast by EnergyTrend, the green energy research division of Taiwan’s TrendForce. It said today quarterly installations will remain above the […]

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China Eyes £292bn Splurge in Renewable Power by 2020

China will invest 2.5tn yuan (£292bn) into renewable power generation by 2020, the country’s energy agency has said, committing the next step towards clean energy. The investment are known to create more than 13 million jobs in the sector, the National Energy Administration said in a blueprint document that lays out its plan to develop […]

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China Overruns Germany in Solar Market

China, the largest consumer of energy outstrips Germany as the country records massive increase into its solar capacity. ‘The country had added 15.1GW of solar power last year, bringing the aggregate to 43.2GW’, the National Energy Administration said recently. ‘This is equivalent to more than a quarter of worldwide increases and 33% of the country’s […]

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