Solar News

Canadian Solar secures 92 MW PV project financing from Prudential Capital Group and U.S. Bank

2017-04-26 |

Canadian Solar Inc. (Guelph, Ontario) on April 25th, 2017 announced that it has secured financing for its 92 MW IS-42 solar photovoltaic (PV) project near Fayetteville, North Carolina. The financing is in the form of a debt facility with Prudential Capital Group and a tax equity investment commitment from U.S. Bancorp Community Development Corporation (USBCDC). Read more...

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Change to global energy storage pipeline in Q1, 2017

IHS Markit: Global battery energy storage pipeline reaches 3.4 GW in Q1, 2017


The global pipeline for the utility-side-of-meter energy storage has grown to 3.4 gigawatts, representing a doubling over the past year, according to a new report from business information provider IHS Markit (London, UK). Read more...

Enel solar PV plant

Enel starts construction of the 238 MW Don José solar PV project in Mexico


Enel Green Power (EGP, Rome, Italy), through its Mexican renewable energy subsidiary Enel Green Power México (EGPM), has begun construction of Don José solar photovoltaic (PV) plant, which is located in San Luis de la Paz, in the country’s North-Central state of Guanajuato. Don José will have an installed capacity of 238 MW and once completed will be able to produce 539 GWh of solar power per year, equivalent to the annual energy consumption needs of around 410,000 Mexican households. Read more...

Principle of the vehicle-integrated PV modules for refrigerated semitrailers developed by Fraunhofer ISE

Fraunhofer ISE investigates integrated solar PV modules for commercial vehicles


Thanks to considerable cost reductions in photovoltaic (PV) modules, solar energy holds increasing appeal for use in the mobility sector. Depending on the type of application, even diesel fuel for trucks can be replaced by photovoltaics to some extent. Fraunhofer ISE (Freiburg, Germany) has carried out and evaluated yield analyses of PV power supply for commercial vehicles, such as refrigerated transport vehicles, using real-life solar irradiance data. Based on its findings, the institute sees great potential in this field and is working together with partners from the logistics and automotive sectors to conduct research into special PV modules for use in commercial vehicles. Read more...

Sonnedix  solar PV plant in Spain

Sonnedix acquires a 136 MW solar PV portfolio in Spain


Independent Solar Power Producer Sonnedix has closed a transaction to acquire the 136 MW Vela Portfolio from Centerbridge Partners, in one of the largest solar PV transactions in Europe, the company announced in April 4th, 2017. The portfolio comprises 43 operating and financed solar PV plants in Spain, making Sonnedix the 2nd largest solar PV player in Spain. Read more...

Redox flow battery installed in Taiwan Power Research Institute.

Sumitomo Electric supplies redox flow battery to Taiwan Power Research Institute


Sumitomo Electric Industries, Ltd. (Osaka, Japan) has recently supplied a redox flow battery that has a rated output of 125 kW to Taiwan Power Research Institute, the company announced on April 4th, 2017. Read more...

Wind and solar PV are already cost-competitive with new conventional generation in most OECD countries, the report finds.

REN21 launches Renewables Global Futures Report: Great debates towards 100% renewable energy


As sustainable energy experts from around the world gathered at the Sustainable Energy for All Forum in New York this week, the REN21 multi-stakeholder network released its latest report on the feasibility and challenges of achieving a 100% renewable energy future. The report analyses the views of 114 renowned energy experts from every region of the world, interviewed over the course of 2016. The results are clustered under topics defined as “12 Great Debates.” Read more...

Yingli Solar PV production

Yingli partners with ECN and Tempress to facilitate mass production of IBC solar cells


Yingli Green Energy Holding Company Limited (Baoding, China) known as “Yingli Solar,” on April 3rd, 2017 announced that it has produced the first interdigitated back contact (IBC) n-type solar cells based on 6-inch wafers at an industrial pilot line within just three months by adopting the new production process co-developed by Dutch research centre ECN and equipment manufacturer Tempress. Read more...

Canadian Solar PV project in Japan

Canadian Solar raises USD 47.0 million with green PV project bond in Japan


Canadian Solar Inc. (Guelph, Ontario) on April 3rd, 2017 announced completion of its second green project bond placement with Goldman Sachs Japan Co., Ltd. The JPY5.4 billion (USD 47.0 million) innovative dual-tenor green project bond was issued to finance Canadian Solar's 19.05 MW Gunma Aramaki solar PV plant in Gunma Prefecture, Japan. Read more...

Vikram Solar PV installation

Vikram Solar commissions 130 MW PV project in Bhadla, Rajasthan, India


EPC company and PV module manufacturer Vikram Solar Pvt. Ltd. (New Delhi, India) has commissioned a 130 MW (2X65 MW) solar PV plant for NTPC in Bhadla, Rajasthan, the company announced on March 31st, 2017. Read more...

The EUR 200 million 20 year long-term European Investment Bank loan will support individual solar projects following technical and financial due diligence

EIB confirms EUR 200 million long-term loan to State Bank of India to support Indian large-scale solar projects


The European Investment Bank on March 31st, 2017 confirmed new support for solar power generation in India in partnership with the State Bank of India. The EUR 200 million (INR1,400 Crores) long-term loan will support total investment of EUR 650 million in five different large-scale photo-voltaic solar power projects and contribute to India’s National Solar mission and reduce dependence on fossil fuel power generation. Read more...

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