Author: Saur News Bureau

GE to provide 220-megawatt (MW) LV5 Series solar inverters for DEWA’s solar project

GE has confirmed that it will provide 220-megawatt (MW) LV5 Series solar inverters for Dubai Electricity and Water Authority’s (DEWA) solar project in Mohammed bin Rashid Al Maktoum Solar Park. DEWA’s solar project is considered a breakthrough for the solar industry, as the DEWA power purchase contract with ACWA Power had been signed at one […]

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SECI asks World Bank to finance 50% of it solar projects

The Solar Energy Corporation of India (SECI) set up originally to help the growth of solar power in the country by holding auctions and promoting projects under the Jawaharlal Nehru National Solar Mission, is now going ahead with plans of developing a second suite of PV projects in India claims a report. According to ET […]

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CMX Renewable Energy to build 150 MW solar farm in Vietnam’s Ninh Thuan province

Canada based CMX Renewable Energy Inc. has sought for license to build a 150-megawatt solar farm in Vietnam’s Ninh Thuan province at an estimated cost of US$150 million. The report comes at a time when the Vietnamese government is encouraging larger PV market within the country. The company has announced that full facility would take […]

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U .S. and Indian solar market to grow at triple-digit rates: GTM Research

GTM Research in its recently released Q2 2016 Global Solar Demand Monitor predicts slowdown in several large markets – China, Japan and the U.K , while  two other key markets – the U.S. and India will grow at triple-digit rates. The company in its report citing an 11% reduction in feed-in tariff levels and high […]

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SolarWorld’s groupwide shipments increased by 62 percent in Q1 of 2016

SolarWorld has revealed that its groupwide shipments have increased by 62 percent in Q1 of 2016, compared to previous year’s quarter. A total of 341 MW was shipped in Q1, up from 210 MW of last year. Shipments grew strongly in the United States, in Germany even against the market trend and in European export […]

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DEWA Receives 5 bids for Mohammed bin Rashid Al Maktoum Solar Park

Dubai Electricity and Water Authority (DEWA) have received 5 bids from international organizations for the third phase of the Mohammed bin Rashid Al Maktoum Solar Park. The lowest recorded bid at the opening of the envelopes was US 2.99 cents per kilowatt hour. The authority said next step in the bidding process will review the […]

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