
TotalEnergies, ENEOS Partner to Develop 2 GW Solar Capacity for C&I Entities in Asia
TotalEnergies, a global multinational integrated oil and gas firm, has entered into a 50-50 partnership with Japanese petroleum company ENEOS to develop 2 GW of decentralized onsite solar capacity for ...

TotalEnergies Acquires SunPower’s C&I Solar Business for $250 Million
Global energy company TotalEnergies has signed a definitive agreement to acquire SunPower’s commercial and industrial (C&I) solutions business for $250 million, including $60 million of earn-out. The acquisition will help TotalEnergies develop ...

AfDB Approves Multinational Financing Program for 45 MW of Distributed Solar Projects
The Board of Directors of the African Development Bank (AfDB) has approved a multinational financing program for distributed energy service companies (DESCOs). The program will contribute to the installation of an ...

China Approves Nearly 23 GW of Solar Projects Based on Feed-in Tariff Mechanism
China’s National Energy Administration (NEA) has approved 22.78 GW of the Feed-in Tariff (FiT) based solar projects. These solar PV projects are expected to be grid-connected by December 2019. They ...

Chhattisgarh Issues Draft Copy of Regulations for Distributed Solar
To facilitate the growth of distributed renewable energy generation systems in the state, the Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued draft regulations for grid-interactive distributed renewable sources. The ...

Renesola Announces Gross Profits of $8.6 Million in Q3 2018
ReneSola Ltd, a fully integrated solar project developer and operator, has announced its unaudited financial results for the third quarter (Q3), ending September 2018. The gross profit was $8.6 million, compared ...

Mongolia Gets $60.6 Million for Solar-Wind Hybrid Project with Battery Energy Storage
The Asian Development Bank (ADB) has signed a loan agreement with the Government of Mongolia under which it will be providing $60.6 million for distributed renewable energy projects in the ...

Residential Segment Made Up 60% of the 1,000 Solar Rooftop Installations by BSES Delhi
BSES, Delhi’s major distribution company (DISCOM), announced that it has installed more than 1,000 solar rooftop connections with a sanctioned solar load of over 40 MW. According to BSES, the ...

Solar Developer Renesola’s Gross Profit Dips to $8.2 Million in Q2 2018
ReneSola Ltd, a fully integrated solar project developer and operator, has announced its unaudited financial results for the second quarter which ended June 30, 2018. The gross profit was $8.2 million, ...

Brookfield Negotiates with ReneSola for its Distributed Solar Assets in China
ReneSola Ltd, a fully integrated solar project developer and operator, has signed an exclusivity agreement with an affiliate of Brookfield Asset Management. Under the agreement, ReneSola has agreed to negotiate ...

Fourth Partner Energy Raises $70 Million from TPG Growth’s Rise Fund
Fourth Partner Energy, a distributed energy management company, raised a $70 million investment from The Rise Fund, a global impact investment fund managed by TPG Growth. Investec acted as the ...

With Over 3 GW Installed, Indian Solar Installations Surpass the US in Q1 2018
The Indian solar market had its best quarter in which it surpassed the United States during the first quarter (Q1) of calendar year (CY) 2018. According to the recently released ...

Mercom Capital Group Projects Strong Finish to 2014 with Global Solar Installations Forecast at Approximately 48 GW
The first half of 2014 was not spectacular for solar installations globally, but with recent policy adjustments being implemented, especially in China, another strong year is forecasted with installations of ...