Solargiga boosts 2015 revenue, shipments
Solargiga saw a sharp increase in the sale of generated electricity. The Chinese company is in the process of doubling its PV module production capacity.
WFES: Jordan to add 250 MW of PV as ABB, Masdar move in
Swiss power technology producer ABB announces involvement in two 50 MW PV plants in Jordan, while UAE’s Masdar to sign agreement to build 200 MW PV plant in the country.
Asia Clean Capital secures $40 million in financing
The group will accelerate and expand its rooftop solar solutions business in China, where it covers the cost of designing, engineering, installing and maintaining solar installations for leading companies.
WFES: Off Grid Electric and BYD big winners at Zayed Future Energy Prize awards
Opening ceremony for the World Future Energy Summit outlines renewable energy challenges and announces winners of Zayed Future Energy Prize.
SMA launches Tesla-compatible home storage inverter to capitalize on high demand potential
SMA Solar Technology AG has launched what it says is the first AC-coupled inverter system for high-voltage batteries. It is hoping to tap into a storage application market worth up to EUR1.2 billion. The Sunny Boy Storage will be available from March in first Germany, and then other, key markets.
IRENA: 36% renewables share to boost GDP by $1.2 trillion, create 14 million jobs
A new report from IRENA has calculated that a 36% renewable energy share in the global energy mix by 2030 would boost GDP by up to US$1.3 trillion. Over 14 million new jobs would also be created, of which solar would account for 7.2 million.
IRENA backs $46m RE projects, rallies clean energy sector on eve of World Future Energy Summit
The International Renewable Energy Agency and the Abu Dhabi Fund for Development announce loans totaling $46 million to back four clean energy projects in developing nations.
NASA sets new long-distance solar spacecraft record
The U.S. National Aeronautics and Space Administration’s Juno spacecraft has broken the solar power distance record on its journey to Jupiter. While Juno’s massive solar arrays will generate only 500 W when it arrives at the planet, it wil be enough to continue powering the craft.
US announces $220 million in grid modernization funding
The research and development funding will help finance a comprehensive grid-related research and development effort to address a range of emerging challenges and opportunities in the United States’ power grid.
SolarWorld to supply 10.5 MW for Oregon project
The Obsidian Renewables project will employ the company’s 72-cell solar panels. SolarWorld is expanding its output of the new modules in a new factory at its Hillsboro, Oregon, headquarters.
