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solar market

UK’s First-Ever Bankable, Unsubsidized Solar & Storage Project in the Offing

DIF Capital Partners, a global independent fund manager and Pexapark, an advisory firm specializing in renewable energy, have now partnered to make UK’s first-ever bankable and unsubsidized solar and storage project. A Power Purchase Agreement (PPA) for ten years in this regard has already been signed. As per the mandate, the two firms would help […]

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Consortiums Pre-Qualified for 400 MW Solar Plant in Morocco’s Atlas Mountains

Morocco’s renewable energy agency, Masen, has announced the pre-qualification of six consortiums to construct a 400 MW solar plant in the Atlas mountains. Named Noor Midelt II, the project aims to strengthen the country’s renewable energy sector and reduce its dependence on fossil fuels. Leading the consortiums are renowned international companies, including Cobra Servicios, Communicaciones […]

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Renewable Record of 8 GW Solar and Wind Installations in H1 of 2023 in Germany

Germany saw an impressive growth in renewable capacity addition in the first half of this year. A record 8 GW in new solar and wind installations have been commissioned in Germany during the first half of this year. This data comes from an initial analysis of the Market Master Data Register (MaStR), which is maintained […]

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1 Terawatt and Beyond: Solar Energy’s Unstoppable Rise and What Lies Ahead

Solar has come a long way in the last few years, from over 100,000 megawatts in 2012 to one terawatt now (1 terawatt is 1 million megawatts). So, what spurred this development? What were the factors that facilitated the achievement of this feat? We’ll be going over humanity’s journey to 1 TW of installed capacity […]

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PM KUSUM: Haryana Orders To Forfeit Deposits Of Errant Solar Firms

The Haryana New and Renewable Department, in its latest order, has threatened to take stringent action against errant solar companies working under the PM-KUSUM scheme. The order came to the fore after the department received several complaints from farmers against these companies. These complaints were related to delays or no response from these firms when repair […]

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ISA & African Investment Platform to Pave Way for Financing Solar Projects in Africa

African infrastructure investment platform Africa50 and the International Solar Alliance (ISA) have entered into an agreement that will bolster and finance solar projects on the continent. The partnership has been forged with an ambition to augment solar capacity, increase energy access and facilitate energy transition. Africa50 was established by African governments and the African Development […]

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Risen Energy Signs 1GW HJT Solar Module Supply Agreement with Athein

Ningbo, China based Risen Energy, a leading producer of heterojunction (HJT) solar modules, has entered into a supply agreement with Singapore-based independent power producer (IPP) platform company, Athein Holding Pte Ltd. The agreement will see the solar module maker providing up to 1 GW of HJT solar modules to Athein Holding, supporting their renewable energy […]

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Nuru Gets $40 Million For Delivering Solar In Power Starved DRC

Nuru, one of Africa’s pioneering renewable energy-powered metrogrid companies, has announced the successful close of over $40m in Series B equity funding and anticipates the close of an additional $28m in project finance by the end of the month. The funds will enable Nuru to commence construction on 13.7 MWp of projects, expanding its existing […]

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DRE Finds A Footing In India, Powered By Solar

Laxmi Bhuyan is a 58-year-old woman from the Sindiba village in the Gajapati district of Odisha. This tribal village, with swatches of fertile land around the village periphery, bolstered the local farmers to grow different fruits and vegetables around the year. However, the raw fruits often yielded low prices for the producers. On the other […]

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