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Freedom Solar Launches Commercial Solar Financing Vehicle in Texas

The company said in a statement that financing through it allows companies to finance up to 70 percent of the cost of an entire solar installation and ensures that an investment in solar is cash-flow positive from day one. Freedom Solar Financial Services, the first solar financial vehicle of its kind in Texas, has raised […]

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Rooftop Solar: Democratising Power Generation – One Roof at a Time

Rooftop solar was the fastest-growing segment within India’s renewable energy sector last year, but it is still not growing fast enough. Capacity adwdition in rooftop solar stood at around 870 megawatt (MW) in 2017, a far cry from the ambitious target of 5,000 MW for FY 2017-18. As of December 2017, cumulative rooftop solar installed […]

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Chennai Corporation’s Buildings to go Solar Under the Smart City Project

Working under the smart city initiative, government offices, schools, and hospitals under the Corporation will generate a total of 3.06 MW of electricity. Moving towards a sustainable future, Greater Chennai Corporation is going to provide electricity for 662 buildings under its ambit with the use of solar power. Working under the smart city initiative, government […]

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Uttar Pradesh to Soon Start Installing Smart Meters

To be installed later in a phased manner, UPPCL had filed a petition seeking the approval of the regulatory commission for the installation of smart meters. Soon four million residents of Uttar Pradesh will get high tech smart meter, as the Uttar Pradesh Electricity Regulatory Commission has cleared Uttar Pradesh Power Corporation Ltd’s petition regarding […]

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Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch

The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […]

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European Commission Approves 600 Million Euros in State Aid to French Solar Projects

The approval has been given under EU State aid rules which prohibits financial support by the government towards a business entity unless it is justified The European Commission has given its approval to a measure of providing stat sponsored financial support of 600 million euros innovative solar power installations in France. The approval has been […]

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JinkoSolar Hits Record High Shipment in Third Quarter

Total revenues were $974.8 million, an increase of 10.5% from the second quarter of 2018 and an increase of 4.3% from the third quarter of 2017. JinkoSolar, a leading solar PV company, has announced its unaudited financial results for the third quarter that ended September 30, 2018. Total solar module shipments hit record high of […]

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Viz-A-Viz with Mehul Sharma, Director Sales – India (TBEA Xián Electric Technology Co. Ltd.)

Q. Please tell our readers about TBEA Xián Electric Technology Co. Ltd. and its product offerings? TBEA Xián Electric Technology Co. Ltd., is one of the global leaders in Solar Inverter manufacturing having its Global Headquarters in Xián, China. Company is a part of TBEA group, and inherits the engineering & manufacturing excellence of 70 […]

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Unregistered Solar Rooftops in Capetown to Face Penalty

The city administration has taken this decision after witnessing a huge spike in solar rooftops installed in Cape Town posing a safety and a legal risk. Residents of Cape Two who are using rooftop solar installations will have to pay a hefty fine if they fail to get their solar installation registered by February next […]

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