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ET Energy

First Solar Net Loss Narrows to $432.45 Mn in Q4

Its net sales in Q4 were $339 million, a decrease of $748 million from the previous quarter on the back of lower systems and third-party module sales. Comprehensive PV solar systems provider, First Solar, Inc. has reported that its net loss narrowed to $432.45 million, or $4.14 per share, in the fourth quarter of 2017. […]

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Indian Scientists Develop Next-Gen Test-Bed to Generate Clean Energy

This early stage research, of India’s one of the premier institutes, could potentially be useful for meeting the energy needs of the country. Indian scientists have developed a super critical carbon dioxide (CO2) Brayton test loop facility to generate clean energy from future power plants including solar thermal. It was developed by the Indian Institute […]

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Canadian Solar Sells 142MWp Solar Assets to UK’s Greencoat

The 24 solar power plants will generate approximately 142,000 MWh of clean energy annually, sufficient for approximately 46,000 UK households and will reduce CO2 emissions by 56,800 tons per year. Canadian Solar has announced that it has completed the sale of a 142MWp solar portfolio to UK renewable energy investor Greencoat Capital LLP The solar […]

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Avaada Power to Invest Rs 10k cr to Set Up 1,600 MW Solar Projs in UP

The company’s projects will help the state in meeting its annual target of 2,000 MW production capacity of solar energy. Avaada Power, a clean energy company, has entered into a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government during the Investors Summit 2018 to invest Rs 10,000 crore in setting up 1,600 MW solar projects. […]

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ReNew Power to Invest Rs 8k cr in UP to Set Up 1,200 MW Renewable Capacity

The move will create 12,000 jobs in the state, including direct employment for 5,500 people and indirect employment for 6,500 people, to facilitate development of 1200 MW of renewable energy installed capacity in the state. ReNew Power Ventures has signed a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government to invest Rs 8,000 crore for 1,200 […]

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Altus Power Completes 648 kW Solar Project in the US

The clean energy generated by these arrays will be consumed through Net Metering Credit Agreements between Altus and four local offtakers. Altus Power America and Reservoir Road Holdings recently combined efforts to develop two 648 kW DC ground-mounted solar systems in the United States. The two arrays are built over old gravel pits on Frontage […]

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PetersenDean Partners with SolarEdge, LG Chem for Solar Battery Storage

Providing PetersenDean customers with intelligently managed energy storage from reliable companies, this solution helps meet an important goal for PetersenDean, which installs about 2,000 solar and roof systems each month in the U.S. PetersenDean Roofing & Solar has joined forces with SolarEdge, and LG Chem, to provide its integrated solar plus storage offering. SolarEdge will […]

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Kor Energy Clinches Best Rooftop Solar EPC Company Award

This award is recognition to our commitment for promotion of green energy by utilizing rooftops of residential, commercial and industrial buildings across India, says Priyanka Mohan. Rooftop solar EPC company, Kor Energy (India) Pvt Ltd, has won the ‘Best Rooftop Solar EPC Company award’ 2018, sponsored by ET Now, part of Times Group. The award […]

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Cabinet to Vet Rs 48,000 Crore KUSUM Scheme for Solar Power by March

KUSUM will also improve the present scheme for rooftop solar systems. The government is enlarging the scope of the existing scheme and its mechanism, he said adding that the government is thinking of beginning KUSUM with 7.5 lakh solar pumps.     In a significant development, the Rs 48,000-crore KUSUM scheme to promote the use […]

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