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Universal Energy Facility (UEF) Offers Grants to Solar Projects in Nigeria

The renewable energy expansion is expected to reach new heights in the African country of Nigeria as Universal Energy Facility (UEF) has announced providing grants to RE companies who applied to have their projects financed as part of the facility’s stand-alone Solar for Productive Use programme in Nigeria. UEF is a results-based financing facility managed […]

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French Firm Akuo Energy Looks to Set up Agrisolar Portfolio in Greece

French renewable energy firm Akuo Energy has established its first solar park in Greece. Back in October 2021, the firm had set up the 1 MW Chalki island project. The newly launched project includes four PV comprising 1 MW each. The yearly output of the project will help meet the needs of 350 households, the […]

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Engineers India Invites Bids for Concentrated Solar Technology Systems

Engineers India Limited (EIL), a government-run consulting firm , has issued a tender inviting bids from domestic and foreign companies that supply Concentrated Solar Technology (CST) systems for balance of project services. Established in 1965, EIL provides engineering consultancy and EPC services principally focused on the oil & gas and petrochemical industries. The firm has […]

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Delhi-Based Servokon Enters Solar Energy Sector

New Delhi-based Servokon Systems Limited that manufactures and supplies power conditioning equipment and power transformers has said that it has now embarked on a new journey to venture into the solar energy sector. The firm is starting with an entry into the EPC segment, which it hopes to follow with a move into manufacturing of […]

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Servotech Penetrates Middle-East & Africa Markets with EV Charging Solutions Projects

EV charger manufacturer and solar solutions provider Servotech Power Systems has recently announced a partnership with Dubai’s Al Ansari Motors LLC, a firm in motor vehicles and accessories trading. Under the partnership, Servotech will offer EV charging solutions to Middle Eastern and African markets. The charging solutions will include AC and DC EV chargers. The […]

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SolarSpace Announces Long-Term Partnership with PAIC & Ariel Re

Solar manufacturer SolarSpace has announced a long-term alliance with the insurance company, PAIC (Ping An Insurance (Group) Company of China Ltd.) and Ariel Re of Lloyd’s of London, a reinsurer institution, will provide 25-30 years of power loss compensation liability insurance service for the module products of SolarSpace. Representative from Lloyd’s expressed, “SolarSpace’s high-efficiency PV […]

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PV Hardware to Build World’s Largest Solar Tracker Factory in Spain

Global solar tracker maker PV Hardware (PVH), a Grandsolar Group firm, is mulling to build a new solar tracker factory in a Valencia industrial park in Spain that will help the firm to take its global capacity to 25 GW. PV Hardware said that the Spanish facility will occupy a space of 65,000 square meters […]

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Brooge Energy, Siemens Energy Partner For Solar & Green Hydrogen in UAE

Cayman Islands-based infrastructure provider Brooge Energy Ltd has announced a partnership through the company’s subsidiary Brooge Renewable Energy with Siemens Energy to build a solar PV farm to supply the Green Hydrogen and Green Ammonia project of Brooge Renewable Energy in Abu Dhabi, UAE. The announcement was made at the World Government Summit 2023 in […]

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SolarEdge Announces 2022 Financial Results; Revenues Up By 58%

Smart energy technology provider SolarEdge Technologies has announced its financial results for the fourth quarter 2022 and full year ended December 31, 2022 revealing high growth in revenues. Fourth Quarter Financial Results In the last quarter, SolarEdge reported revenue of over $890 million which is up 6% from $836 million in the prior quarter and […]

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