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solar business

Growatt now the Top Supplier of Rooftop Solar Inverters in India

According to a new report, Growatt, one of the top 3 rooftop solar inverter brands in China, has become the No.1 solar rooftop inverter supplier in India. In the twelve-month period ending Sep-2019, India added a record 1,853 MW rooftop solar capacity, which is  17 percent higher than the same period last year according to […]

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Solar Frontier Completes Financing for 210 MW California Solar Project

Solar Frontier Americas has closed on the tax equity commitment and debt financing for its 210 MW Mustang Two solar project in Kings County, California. Solar Frontier Americas (SFA), the US-based renewable energy business of Idemitsu Kosan, has announced that it has closed on the tax equity commitment and debt financing for its 210 MW Mustang […]

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Vivint Solar Closes $200 mn Revolving Asset-Based Facility

Vivint Solar has announced that it has closed a USD 200 million revolving asset-based loan facility, to help fund the company’s continued growth in 2020 Vivint Solar has announced that it has closed a USD 200 million revolving asset-based loan facility. The firm has announced that the facility will help fund the company’s continued growth […]

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Economic Slowdown Affects Solar Installations in India

The installations in the renewable energy sector including solar in India are getting affected due to an economic slowdown and inadequate investment inflow in the country, said GlobalData. According to the data and analytics company “the economic slowdown in India and consequently the lack of inflow of investments are affecting the renewable energy sector, including […]

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GameChange Solar Announces Orders for Over 200 MW Solar Tracking Systems

GameChange Solar has announced that it has received orders for more than 200 MW of Genius Tracker systems in South America. GameChange Solar has announced that it has received orders for more than 200 MW of Genius Tracker systems in South America. The first system has started shipping this month. The firms’ experienced field service local support […]

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Oil India Tenders for 55 MW Wind and Solar Hybrid Project in Gujarat

Oil India Limited has issued a tender for the development of a hybrid project consisting of 41 MW wind project and a 14 MW solar project in Gujarat. Oil India Limited (OIL) has issued a tender, inviting bids from eligible bidders for the development of a hybrid project consisting of 41 (±5 percent) MW capacity […]

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Shell Takes Minority Stake in one of Australia’s Most Successful Solar Firms

Shell has invested in ESCO Pacific, one of Australia’s most successful solar companies, to take a minority stake of 49 percent. Shell has announced that it has invested in ESCO Pacific, one of Australia’s most successful solar companies, focused on the development and long-term asset management of utility-scale solar projects, to take a minority stake […]

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Karnataka Commission Encourages Third Party Investments in Rooftop Solar

KERC has encouraged third-party investments in the rooftop solar segment in Karnataka in its order regarding the decision on various models and guidelines for rooftop solar plants The Karnataka Electricity Regulatory Commission (KERC) has encouraged third-party investments in the state’s rooftop solar segment in its order regarding the decision on various models and guidelines for […]

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Good, But Not Good Enough: Solar Energy Growth in Light of the Paris Agreement

From December 2-13, UN Secretary-General António Guterres is hosting the UN Climate Change Conference (COP25) in Madrid, where global leaders are discussing their environmental agendas and specifying their nationally determined climate contributions. With solar playing a key role in the decarbonization of the energy sector, it is time for REC Group to take stock of […]

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