Solar Power Industry News
A collection of Solar Power latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
China hails latest breakthrough on space solar power technology
Chinese researchers have built a wireless power transmission system capable of beaming kilowatt-level energy to multiple moving targets simultaneously, potentially a major step towards building space-based solar power stations. The team completed a…
Korea to build at least 10 solar power complexes for renewable energy expansion
The government will create at least 10 massive solar power complexes in the central and eastern regions in a bid to expand Korea's renewable energy capacity to 100 gigawatts (GW) by 2030, the climate ministry said Tuesday. The scheme was announced…
Solar to dominate energy by 2035, but AI data centers will keep fossil fuels in business
Solar will become the largest source of power in the next decade, surpassing coal, oil and natural gas, according to a new report from BloombergNEF. The tectonic shift will occur alongside a historic rise in the use of energy driven by AI and the…
Lokesh to inaugurate SAEL solar power plant on May 22
Minister for Information Technology, Electronics and Communications Nara Lokesh will inaugurate the solar power plant of SAEL Industries Ltd. (SIL), an integrated renewable energy company, at T. Koduru village in Kondapuram mandal of Kadapa…
US drops criminal charges against Indian billionaire Gautam Adani
U.S. prosecutors have requested that a judge drop criminal fraud and conspiracy charges against Indian billionaire Gautam Adani, who had faced accusations of deceiving investors in a substantial solar energy initiative in India. Adani, counted…
To Cash In on Solar Stocks, Look for Trade Barriers
While everyone obsesses over what happens to oil flows in the Strait of Hormuz, a solar-power revolution is under way in some emerging countries. Unfortunately, investors will struggle to make money from the trend because of China's suffocating…
DOJ moves to permanently drop bribery case against Indian billionaire Gautam Adani
The U.S. Department of Justice has formally asked a federal court to dismiss criminal charges against Gautam Adani, an Indian billionaire accused of misleading U.S. and global investors while raising billions of dollars to finance a major solar…
US Case Against Adani Explained: What Were Charges And Why Were They Dropped?
The United States government has dropped its multi-billion-dollar criminal fraud and conspiracy case against Indian tycoon Gautam Adani. The U.S. Department of Justice asked a federal judge in New York to dismiss all criminal charges against the…
U.S. prosecutors drop fraud charges against billionaire Indian businessman Gautam Adani
NEW YORK (AP) — U.S. prosecutors asked a judge Monday to dismiss criminal fraud and conspiracy charges against Indian billionaire Gautam Adani, who had been accused of duping Wall Street investors who poured billions of dollars into a…
26. Armada
Founders: Dan Wright (CEO), Jon Runyan, Pradeep Nair Key Technologies: Artificial intelligence, edge computing, machine learning Industry: Enterprise technology Previous appearances on Disruptor 50 list: 0 Igor Gnedo, Antonina Lepore & Adrianne…
US drops corruption charges against Indian billionaire Adani after $18m settlement
The US Department of Justice has moved to drop criminal charges against Indian billionaire Gautam Adani, whom it had accused of orchestrating a major bribery and fraud scheme to secure solar energy contracts. The DOJ reportedly decided to drop the…
Big Tech Is Cutting Back on Buybacks. Nvidia Could Be the Exception.
Good morning, I'm filling in for Spencer Jakab. Futures indicate a muted open for stocks as investors weigh President Trump's latest pause on resuming attacks on Iran. Brent crude prices are holding at around $110 a barrel, while Treasury yields…
2 Top Energy Growth Stocks to Buy Before It's Too Late
Energy stocks often experience cyclical swings, but the top stocks tend to be strong long-term investments because the world will continually consume more energy. But instead of sticking with the classic oil and gas stocks to profit from that…
Modular data center builder Armada raises $230 million, to build Arizona factory with new investor Johnson Controls
Armada has raised a $230 million Series B round from investors at a $2 billion valuation and signed a manufacturing deal with Johnson Controls to build modular AI data centers in Arizona. The company's current modular units can be deployed within…
Oman power company signs 2.7 GW PPA for continuous wind-solar-storage project
Oman's state-backed renewables developer O-Green Energy has signed a power purchase agreement (PPA) with the country's single electricity buyer for a hybrid renewable energy project in Mahmout and Duqm. The 2.7 GW Continuous Renewable Energy…
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