Nigerian distributed utility company, Arnergy, announced it has raised $9 Million in a Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for Developing Countries (Norfund), EDFI ElectriFI and All On. The company’s distributed renewable energy systems combine solar power, storage solutions…
Siemens Gamesa has secured its first order in Russia from Enel Russia, one of the country’s independent power producers (IPP), for the supply of 90 MW of wind turbines. This is the first order for Siemens Gamesa in the country and belongs to the preliminary agreement signed with Enel…
Asia-Pacific (APAC) will continue to lead the global solar photovoltaic (PV) market over the next seven years due to abundant availability of solar energy in the tropical countries and government support in countries such as China, India, Japan and Australia, says GlobalData, a leading data and analytics company. The company’s…
By Pat Davis Szymczak Ukraine has enacted a new law that trades future-energy tariffs for auctions to set a fair market price for green electricity. A new law just signed requires solar plants that generate over 1 MW to participate next year in energy auctions. The same will apply to…