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2020 Could Be Africa’s Arrival As A Solar Market With Size

After a long wait, 2020 could well mark a decisive shift in the energy availability graph for countries in Africa, as multiple approaches and tactics finally make a case for a stronger push. For long, Africa has suffered from the world’s lowest electrification rate. Figures from 2017 state that Its power consumption per capita is […]

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UK’s Largest Subsidy-Free Solar + Storage Project Successfully Commissioned

First of its kind in the United Kingdom (UK), a largest subsidy-free solar-plus-storage system has successfully put into operation. The commissioning of this project is a significant development for UK’s solar industry as it will offer an important opportunity for the next phase of growth for the solar market. The plant is located in Yorkshire County in […]

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SaaS Firm Zoho Goes Greener with 5MW Solar Plant in TN

Zoho Corp, one of the biggest tech success stories from India in the Software-as-a-Services (SaaS) domain, has decided to set another marker for its green credentials. The firm, which reportedly grows food in its farms, in Tirunelveli, that is used in its employee canteen  in Chennai has decided to source some of its energy requirements […]

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Indian Army Distributes Solar Lanterns in J&K’s Rajouri District

As part of ‘Operation Goodwill’, the Indian Army has distributed solar rechargeable lanterns in a remote village of Rajouri district in Jammu and Kashmir As part of ‘Operation Goodwill’, the Indian Army has distributed solar rechargeable lanterns in a remote village of Rajouri district in Jammu and Kashmir (J&K), a defence spokesman has informed. The lanterns were distributed in Kheta Basha […]

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Equinor Increases Stake in Scatec Solar With Purchase of 6.5 mn Shares

Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million (USD 84 million). […]

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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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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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Scatec Solar Bags 3 Solar Projects Worth 360 MW in Tunisia

Scatec Solar has been awarded three solar power plant projects in Tunisia totaling approximately 360 MW, following an international tender launched earlier. Scatec Solar has been awarded three solar power plant projects in Tunisia totaling approximately 360 MW, following an international tender launched by the Tunisian Ministry of Industry and SMEs earlier this year. “We […]

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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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