Solar Energy

BP has paid $200m (£149m) for a 43% stake in Europe’s biggest solar developer. marking its return to the sector from which it withdrew six years ago.

After a six-year absence. BP Plc returned to the solar-energy business with a $200 million investment in a British company that develops and maintains photovoltaic farms in Europe.

After years of double-digit growth. home solar installations in the United States are poised to fall for the first time this year. according to a report released on Thursday by GTM Research.

China is now focused on establishing a practical system for the maintenance of the new solar power plant.

The first phase of the capacity addition entails the implementation of 120 megawatts of capacity at an estimated cost of $120 million per 100 megawatts.

Iran’s largest solar panel manufacturing company is under construction in Shiraz. the capital of Fars Province.

Singapore is pushing forward with plans to store intermittent solar energy.

Saudi set a record on October 3 in its first solar tender.

A German-Iranian company started construction of a new solar power plant in Meybod region located at central province of Yazd.

IEA'.s new report on renewable energy showed new solar PV (photovoltaic) system capacity grew by 50 percent last year. with China accounting for almost half of the global expansion.