Mexican energy company IENova secures a US$200 from IFC, NADB to fund solar power projects

Mexican energy company IENova secures a US$200 from IFC, NADB to fund solar power projects

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MEXICO – Infraestructura Energética Nova S.A.B. de C.V. (IEnova), a Sempra Energy Company has secured a US$200 million loan from the International Finance Corporation (IFC) and North American Development Bank (NADB) to finance four solar power plants with a total capacity of…

US solar company SunPower to splits into two business units to enhance efficiency

US solar company SunPower to splits into two business units to enhance efficiency

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UNITED STATES – U.S. solar company, SunPower has revealed that it will split into two publicly traded companies, separating most of its solar panel manufacturing operations from storage and energy services. The announcement resulted in a spike in the company’s share value…

Global use of renewable energy to rise by 50 percent as costs fall and demand for Solar PV energy soars

Global use of renewable energy to rise by 50 percent as costs fall and demand for Solar PV energy soars

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GLOBAL – The installation of renewable energy on homes, commercial buildings and industrial facilities is set to take off over the next five years, transforming the way electricity is generated and consumed, according to the International Energy Agency’s latest renewable energy market…