Latest headlines

India plans $1bn private equity fund for solar and renewables

Indian solar installation.

Government aims to raise that investment goal to around $4 billion per year within 3-4 years and will identify opportunities to source low-cost foreign investment, said energy minister Piyush Goyal.

COP21: Coalition of billionaires, 20 governments pledge increased clean energy investment

Bill Gates unveiled the Breakthrough Energy Coalition in Paris on the first day of the climate talks

Under two initiatives aiming to work in tandem, an international coalition of billionaires, including Microsoft’s Bill Gates, Alibaba’s Jack Ma, and African Rainbow Minerals’ Patrice Motsepe have pledged to channel their cash...

Yingli, R.Power expand Polish solar portfolio to 60 MW

The two companies want to take advantage of Poland's renewable energy auctions

Yingli Green Energy and R.Power Sp. z o.o. have said they will build 60 MW worth of ground-mounted solar PV projects in Poland, up from the 30 MW announced last year. They are scheduled to be included in the country’s 2016 and...

Kuwait to test crystalline and CIGS modules side-by-side

Solar carport Saudi Arabia.

The Kuwait Shagaya Renewable Energy Project will install crystalline silicon PV modules alongside CIGS thin film, to test the technologies at PV power plant scale in a 10 MW facility. Japan’s Solar Frontier has announced it will...

Forum Solarpraxis: From energy decentralization to digitization

The 16th Forum Solarpraxis discussed the transition from energy decentralization to digitilization

The energy sector has undergone huge changes over the last years, mainly due to the decentralization of energy systems and the increasing role of renewables. While the sector’s defining characteristics continue to shift, a new...

Dubai set to lead MENA with 25% by 2030 solar goal

Dubai authorities and a solar light.

The Emirate kingdom of Dubai has announced a program that will see it generate 25% of its electricity from solar by 2030. Along with an announced 5 GW expansion of the Sheikh Mohammed Bin Rashid Al Maktoum Solar Park, the Dubai...

The world could be 100% renewable by 2050

Stanford 100% renewables by 2050 world map

Researchers from Stanford University have layed out exactly how the planet could forego fossil fuel and nuclear power and adopt renewable energy across the board.

Forum Solarpraxis: It's all political for Europe's big two solar powers

Attendees at the 16th Forum Solarpraxis in Berlin have been buoyed by the news that the German storage subsidy is set to be extended for three years.

Contrasting fortunes for the German and U.K. solar PV markets in 2016 will suppress the European solar landscape as policy changes take effect.

Ireland's solar landscape could reach 3.7 GW by 2030, says report

KMPG's report analyzes the forecasted levelized cost of solar in Ireland, and suggests that grid parity could be reached by 2030.

Report produced by KPMG and commissioned by the Irish Solar Energy Association foresees a potential nationwide solar sector reaching 3.7 GW by 2030 with just EUR 670 million of support.

Sky Solar reaches 242 MW of shovel-ready projects

Sky Solar PV plant.

Hong Kong-based solar firm releases solid third quarter financial report revealing a 1 GW solar park pipeline and year-over-year revenue increase of 17.3%.

World Bank plans $16bn fund to fight African climate change

Solar in Kenya.

World Bank will push for investment from development organizations, private partners and governments, while footing $5.7 billion itself to help stem the causes of climate change in Africa.

Jordan signs 50 MW PPA agreement

Solar in Jordan.

Deal struck between Spain's Fotowatio Renewable Ventures and Jordan's National Electric Power Company for a 50 MW solar plant to be located some 80km north of Amman.

SunEdison offloads 425 MW Indian solar assets to TerraForm, pays down margin loan

SunEdison power plant.

Yieldco drop-down seen as strategic move designed to boost the U.S. company's flagging balance sheet; move unlikely to trigger wholesale withdrawal from the growing Indian market.

Apple, SunPower join forces to invest in 170 MW of solar in Inner Mongolia

Apple is aiming to power all its facilities with 100% renewable energy

Apple Inc. is investing around 40% of the RMB 659 million required to install 170 MW worth of solar PV plants in Inner Mongolia. SunPower and Zhonghuan Semiconductor are providing the remaining funds.

FOE: Finance for 100% renewables exist, but policies are absent

Solar is again the renewables king, accroding to FOE

In a new report, Friends of the Earth (FOE) calculates that switching to 100% renewable energy in Africa, Latin America and most of Asia by 2030 would cost US$5.15 trillion – equivalent to the amount held by the world’s 782...

India: Waaree wins contract for 75 MW PV plant, orders 100 MW Huawei inverters

Huawei string inverters.

The Indian EPC last week secured the rights to develop a 75 MW solar PV plant in the Indian state of Gujarat, prompting an order for 100 MW of inverters and smart PV solutions from China's Huawei.

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