Ranked as Tier-1 Solar PV Module Manufacturer by Bloomberg New Energy Finance
SWELECT Energy Systems Limited (PV Module Brand – HHV Solar) has been recognized as “Tier-1 Solar PV Module Manufacturer” by Bloomberg New Energy Finance (BNEF), the highly recognized global industry standard in classifying solar Photo Voltaic module manufacturers. This landmark achievement marks yet another milestone in SWELECT’s journey of solar manufacturing excellence, adding to their 30 years’ of experience in Energy and Power Conditioning Systems and 6 years’ in Solar PV Systems.
Jiangsu Seraphim Solar System Co., Ltd. ("Seraphim") announced that it won the supply agreement for a monumental 246MW Ukraine solar project, developed by Ukraine’s largest energy group, DTEK. This installation will be Ukraine ‘s largest renewable energy power plant to date. CMEC is the EPC contractor and Seraphim is the sole module supplier.
PROINSO, leading global distributor, integrator and technology company in the solar market, announced that it will distribute deep-cycle batteries from Trojan Battery Co., LLC.
LONGi Solar announced that its 120-cell half-cut monocrystalline PERC module has exceeded 360W, as certified by TÜV-SÜD. This achieves a new world record for the highest power 120-cell half-cut monocrystalline PERC module, adding to LONGi’s world record for 60-cell monocrystalline PERC module for power and conversion efficiency.
FORTUM CORPORATION PRESS RELEASE 14 December 2017
Fortum has now connected a 100-MW solar plant to grid at Pavagada solar park in
the Tumkur District, Karnataka, India. This solar plant more than doubles
Fortum’s solar production capacity in India from 85 to 185 MW, being Fortum's
fourth, and so far biggest solar energy project built.
In April 2016, Fortum won a bid in a reverse auction for 100 MW of the total of
500 MW capacity auctioned. The bid included a fixed tariff of 4.79 INR/kWh for
25 years. Fortum’s 100 MW is the first part of the Pavagada solar park that has
reached its full capacity and is connected to the grid.
“We are excited to be able to connect our fourth solar plant to grid. We look
forward to continue to develop our business and look opportunities to leverage
our knowledge and experience obtained in our projects”, says Kari Kautinen, SVP
M&A and Solar and Wind development.
“I am especially proud that we once again completed our solar project on time
and according to plan”, says Sanjay Aggarwal, Managing Director, Fortum India.
Fortum is targeting a gigawatt-scale solar and wind portfolio as part of
securing its longer-term competitiveness. Based on its strategy, Fortum seeks
to allocate its planned growth capital in the range of EUR 200–400 million in
solar projects in India. In November, Fortum signed an agreement to acquire 35
MW of solar production in Russia.
Joonas Rauramo, VP, Solar & Wind Development, phone +358 40 354 3732
Online news 13 April 2016: Fortum wins bid for 100 MW solar power park in a
reverse auction in Karnataka, India, with a fixed tariff for 25 years
Fortum is a leading clean-energy company that provides its customers with
electricity, heating and cooling as well as smart solutions to improve resource
efficiency. We want to engage our customers and society to join the change for
a cleaner world. We employ some 9,000 professionals in the Nordic and Baltic
countries, Russia, Poland and India, and 62% of our electricity generation is
CO2 free. In 2016, our sales were EUR 3.6 billion. Fortum's share is listed on
Nasdaq Helsinki. www.fortum.com
The top Products, Projects and Companies awarded at India Solar Week 2017
Huawei and BayWa r.e., have signed a deal to build Don Rodrigo, which will become the biggest single-site PV plant in Spain and the first truly subsidy-free fully commercialized utility-scale PV plant in the world. Huawei will provide its fully digitalized Smart PV Solution complete with a combination of SUN2000-60KTL and SUN2000-100KTL inverters.. This will be a significant milestone for the Spanish solar industry and marks another step for advancing the digitalization of solar technology. Huawei’s vision is to bring digital to every person, home and organization for a fully connected, intelligent world and its digitalized solar solutions fits with this plan.
Arctech Solar recently launched its innovative SkySmart tracking system. SkySmart is the world’s first tracker that is specially designed for bifacial modules, and it is also certified by CPP.
As environmental challenges mount in Kenya, a growing number of companies are finding business opportunities in green sectors. Renewable energy and energy efficiency technologies are flourishing, while technologies to recycle waste or prevent air pollution... See More + As environmental challenges mount in Kenya, a growing number of companies are finding business opportunities in green sectors. Renewable energy and energy efficiency technologies are flourishing, while technologies to recycle waste or prevent air pollution are starting to gain attention from private sector players. This inBrief describes novel approaches to unlock green markets through international matchmaking of green firms. See Less -
- Heemskerk, Lisanne; Wilmink, Marjolijn; Lorenzen, Ian; Nyauncho, Esther; Zhu, Danqing; Nair, Samiksha Chandel; White, Justine;
- 2018/06/28 02:12:01
- The World Region;
- 2018/07/16 02:04:25
- Scaling green sectors through international business to business matches : lessons from Kenya
business model; solution to climate change; plastic waste; letter of intent; business case; waste per day; private sector player; diffusion of technology; energy efficiency ... See More + technology; types of service; human centered design; types of finance; amount of fund; Early Stage Funding; safety and health; international company; trade mission; business opportunity; innovative business; building material; grid solution; environmental challenge; hardware company; trade relationship; green space; green business; Clean Technology; international business; industry standard; financial implication; business technology; intrinsic motivation; Technology Diffusion; international partners; business partnership; quality improvement; green investment; work value; organization network; holistic approach; international capacity; market needs; international network; government regulation; financial health; potential investor; Financing plans; construction material; global companies; plastic bottles; partnership agreement; regulatory environment; software company; potential barrier; partnership contract; working capital; Small Hydro; product offerings; regulatory restriction; foreign trade; product market; technology solution; direct beneficiaries; local condition; solar technology; target market; civil society; foreign company; innovative value; local entrepreneur; global network; sector activity; effective approach; business service; modular approach; financial compensation; local company; demonstration effect; medical waste; green technology; air level; diffusion process See Less -
- Industry, Trade and Services ; Financial Sector ; Energy and Extractives ; Water, Sanitation and Waste Management;
- 1W-Market Connect Global Design -- P155407;
- Other Renewable Energy ; SME Finance ; Other industry ; Other Industry, Trade and Services ; Other Water Supply, Sanitation and Waste Management ; Banking Institutions ; Renewable Energy Geothermal ; Renewable Energy Biomass;
- Trade; Innovation, Technology Transfer and Diffusion; Environment and Natural Resources; Energy and Extractives; Air Pollution;
- Environment; International Economics and Trade; Energy;
- International Trade and Trade Rules; Global Environment; Energy and Mining; Energy and Environment; Energy Demand; Pollution Management & Control; Brown Issues and Health; Air Quality & Clean Air;
- Fin, Comp & Innov- InfoDev (GFCID) ; Fin, Comp & Innov- InfoDev
- Fin, Comp & Innov- InfoDev (GFCID)
- Climate technology program inBrief ; no, 12
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Heemskerk, Lisanne; Wilmink, Marjolijn; Lorenzen, Ian; Nyauncho, Esther; Zhu, Danqing; Nair, Samiksha Chandel; White, Justine. 2018. Scaling green sectors through international business to business matches : lessons from Kenya (English). Climate technology program inBrief; no, 12. Washington, DC: World Bank. http://documents.worldbank.org/curated/en/612821531721535551/Scaling-green-sectors-through-international-business-to-business-matches-lessons-from-Kenya
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ONLINE NEWS 1 December 2017
The Government of the Rostov Region in Russia and Fortum-RUSNANO wind investment fund have entered into a non-binding cooperation agreement to build up to 600 MW of wind power plants in 2019-2022. A separate investment decision will be made for each project.
The Fortum-RUSNANO wind investment fund is a 50/50-owned investment partnership that was awarded the right to build 1,000 MW of wind power in Russia in 2018-2022 in the RES capacity selection auction that was held earlier in 2017. Fortum’s equity stake in the wind investment fund totals a maximum of RUB 15 billion (currently approximately EUR 220 million).
Currently, Fortum is completing the construction of Russia’s first 35-MW wholesale power market wind park near Ulyanovsk. The wind park is to enter commercial operation in Q1 2018.
Fortum announced the establishment of the wind investment fund on 27 April 2017 and the outcome of the wind capacity auction on 15 June 2017.
Investor news 27 April 2017: Fortum and RUSNANO establish investment partnership to create possibility to capture CSA wind opportunity in Russia
Investor news 15 June 2017: Fortum-RUSNANO wind investment fund has been awarded 1,000 MW wind capacity in Russian wind CSA auction
Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 9,000 professionals in the Nordic and Baltic countries, Russia, Poland and India, and 62% of our electricity generation is CO2 free. In 2016, our sales were EUR 3.6 billion. Fortum’s share is listed on Nasdaq Helsinki. www.fortum.com