Solar Energy

Global Floatovoltaics Market Expected to Reach 4.8 GW by 2030: Report

Global floating solar panels market, estimated at 1.6 GW in 2021, is projected to reach 4.8 GW by 2026, finds a new study published by research company Global Industry Analysts (GIA). Floating solar panels or floating photovoltaics (FPV), which are also known as floatovoltaics, are solar panels that are mounted on a structure floating on a […]

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BESCOM Floats Supply and O&M Tender for 50MW Solar Projects

Bangalore Electricity Supply Company Limited (BESCOM) has invited bids for the empanelment of firms for the installation and maintenance of grid-connected rooftop solar plants of various capacities, totalling 50 MWp, in its jurisdiction for five years under CAPEX (Consumer Investment) model. The full scope of the project includes design, supply, erection, testing and commissioning, as well […]

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Delayed Captive Status of Solar Plant No Cause to Deny REC, finds CERC

In a case involving refusal to issue of Renewable Energy Certificate (REC) due to late recognition of a solar plant’s captive status, the Central Electricity Regulatory Commission (CERC) ruled in favour of petitioner Suryakant Gupta, the owner of Rajaram Maize Products, who installed a 4.8 MW solar power plant on his own land in Chhattisgarh for captive […]

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Privatisation Bound CEL issues Tender for 1 Million Solar Cells

Central Electronics Limited (CEL), the public sector enterprise in the eye of a privatisation tussle, has invited bids for the supply of one million multicrystalline solar cells of 4.68 W output or higher. CEL’s privatisation process has been put on hold due to objections raised regarding its valuation as well as the buyer credentials. In […]

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Italian Oil Giant Eni Buys 800 MW Solar Portfolio in Greece

Italian energy group Eni, through Eni gas e luce, has acquired the Greek company Solar Konzept Greece for an undisclosed amount as part of its plans to shift away from oil and gas. Solar Konzept Greece previously belonged to Solar Konzept International, which is majority owned by Aquila Capital, a sustainable investment and asset development company, […]

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Ubiquitous Energy Raises $30 M to Push Transparent Solar Window Tech

Ubiquitous Energy, which makes transparent photovoltaic glass coating that harnesses solar power to generate energy, all while remaining visibly indistinguishable from traditional windows, closed a $30 million Series B funding round late last year. Including this Series B round, a total of $70 million of funding has been raised by the company to date to […]

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U.S. to add 21.5GW Solar Capacity in 2022; Texas to Claim over 6GW: EIA

The U.S. Energy Information Administration (EIA) predicts that in 2022, 46.1 GW of new utility-scale electric generating capacity to be added to the country’s power grid in 2022, almost half of which is planned to come from solar, followed by natural gas at 21% and wind at 17%. Developers and power plant owners report planned […]

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Algeria Releases Solar Tender to Deploy 1 GW Capacity

The Ministry of Energy Transition and Renewable Energy of Algeria has launched a tender for the deployment of 1 GW of solar capacity. The procurement exercise will be divided into lots ranging from 50 MW to 300 MW each. The developers can submit technical and financial offers by April 30, 2022. Algerian Renewable Energy Company (SHAEMS), […]

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APTEL Restores Tariff Of Rs 8.40/unit For Solar Developer In Karnataka

In case involving a solar power developer, Vatsala Bellary Solar Projects Private Limited versus the Karnataka Electricity Regulatory Commission (KERC) and Bangalore Electricity Supply Company Limited (BESCOM), the Appellate Tribunal for Electricity (APTEL) has ruled to restore the original tariff of Rs 8.40/unit over the revised tariff of Rs 4.36/unit that KERC had imposed on […]

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