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solar business

EV Sales set to Increase to 34 Million by 2025, Over 121 Million in 2030

A new analysis has predicted that EV sales are set to increase to 34 million in 2025, 121.2 million in 2030, and 636.7 million by 2040 With greater vehicle electrification and the rise of disruptive technologies such as vehicle-to-grid (V2G) and peer-to-peer blockchain trading, utilities are expected to employ smart charging and demand response programs to cope with the growing demand for […]

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Siemens Gamesa Secures 448 MW Scottish Offshore Wind Order

Siemens Gamesa Renewable Energy has received a firm order to supply wind turbines for the 448 MW NnG offshore wind power project in Scotland. Siemens Gamesa Renewable Energy (SGRE) has announced that it has received a firm order to supply wind turbines for the 448 MW Neart na Gaoithe (NnG) offshore wind power project, being […]

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Ørsted to Fully Integrate Lincoln Clean Energy as Ørsted Onshore

Ørsted has announced that a decision has been made to fully integrate Lincoln Clean Energy into Ørsted and to rebrand it as Ørsted Onshore. Since Ørsted’s acquisition of Lincoln Clean Energy (LCE) in October 2018, the business has made significant progress reinforcing its position in the North American market for onshore renewables. LCE has commissioned […]

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Vattenfall’s HKZ 1&2 Wind Farms to Feature SGRE’s 11 MW Turbines

SGRE has announced that it will install its new 11 MW offshore wind turbines for Vattenfall’s entire HKZ wind zone Siemens Gamesa Renewable Energy (SGRE) and Vattenfall have announced that they have extended the Hollandse Kust Zuid (HKZ) turbine supply agreement to now cover the entire wind farm zone, making this the largest turbine collaboration […]

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Boralex Announces Largest Renewable Energy Financing in France, Worth $1.7 bn

Boralex has successfully closed agreements for the largest refinancing agreement in the renewable energy sector in France worth USD 1.7 billion Boralex has announced that it has successfully closed agreements to refinance almost all of its wind farm operations in France, for a total of USD 1.7 billion (EUR 1.1 billion), divided among three credit agreements […]

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Microgeneration and Power Trading – Will it work for India

At the outset let us define what is microgeneration. In simple terms, it is defined as the small-scale production of electricity from a low carbon source. This includes the design and installation of advanced distributed generation systems using traditional or renewables technologies. Given that traditional power systems are efficient only at scale, they typically do […]

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Kinetic Green Collaborates With Autoline to Develop E-Cycles

Kinetic Green has signed a pact with auto component maker Autoline Industries for joint development and marketing of e-cycles. Pune-based electric vehicle (EV) maker Kinetic Green said it has signed a pact with auto component maker Autoline Industries for joint development and marketing of e-cycles. Under the alliance, Autoline will undertake the development of the […]

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Cleanmax and The Huawei Experience

Chinese brand Huawei, which is a leading global ICT and network energy solutions provider, has been enjoying significant market share in the solar inverter space in India as well. Saur Energy International magazine talked to one of the clients of solar inverter manufacturer company, CleanMax Solar, during Renewable Energy India (REI) Expo 2019. CleanMax Solar […]

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IFC Eclipses $10 bn in Climate Finance Investments Since 2006

IFC has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006. IFC, a member of the World Bank Group, has announced that it has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006, a milestone that reflects the Corporation’s commitment to […]

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