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8minute Solar Energy secures $400m in financing from EIG

US-based solar energy company 8minute Solar Energy (8minute) has secured $400m in financing from institutional investor EIG to increase its clean energy asset portfolio. The deal includes a letter of credit and a portion of growth equity. In particular, 8minute...

Abengoa completes construction of three solar fields at the worlds largest concentrated solar power complex in Dubai

The three 200 MW parabolic trough plants are part of phase IV of the Mohammed bin Rashid Al Maktoum Solar Park (MBR) in the United Arab Emirates. Abengoa has broken a production record by installing 86 collectors per week....

Risen Energy plans to build $7bn solar PV manufacturing plant in China

Risen Energy has announced plans to invest $7bn (CNY44.65bn) for the construction of a new solar photovoltaics (PV) manufacturing plant in Inner Mongolia. The project comprises two sections – one is the manufacturing sector while the other is the renewable...

Intersolar Europe 2022: 80 percent already booked

Following the top-class Restart event of the world’s leading exhibition for the solar industry that took place in a compact format in October 2021, the next regular event will be held from May 11–13, 2022, in Munich. And that’s...

Floating Solar Power Plants: Yielding Efficiency All The Way

Describe the concept of a floating solar power plant and how different is it from the land-based source of renewable energy? Floating solar or FSPV is the concept of solar on water, where-in buoyant structures called floats are used...

AES Launches First-of-its-Kind Robot to Accelerate Solar Construction

The AES Corporation announced the launch of Atlas, a new first-of-its-kind solar installation robot. Atlas represents a major advance in solar energy technology, making it faster, more efficient and safer to construct new solar facilities. Atlas was designed by...

Masdar to develop 200MW Ayg-1 solar power plant in Armenia

Masdar signs agreement with the Armenian government to build the Ayg-1 solar power plant. Masdar, a UAE-based renewable energy firm, has signed an agreement with the Armenian government to develop the 200MW Ayg-1 solar photovoltaic (PV) plant in the...

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