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ET Energy

Bill Gates and other Top Elites commits $1 billion fund to fight climate change through energy innovation

When President-elect Donald Trump doubled down on his doubts about climate change, Bill Gates, Jack Ma, Jeff Bezos, Vinod Khosla, John Doerr and 15 other high-profile tech heavyweights have together come forward to form a new venture firm, Breakthrough Energy Ventures and announced a $1 billion fund dedicated clean energy innovation. Though the official announcement […]

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New Energy Solar Acquires Two large-scale solar projects of SunPower in California

New Energy Solar has announced that it has acquired a substantial majority interest in two large-scale solar projects of SunPower in California, totaling over 134 megawatts (MW). SunPower  will retain an ownership interest in the projects, which each having a capacity of 67.4 MWs, and provide ongoing operation and maintenance services. Stanford University has a […]

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String Inverter Market to Reach $3 Billion by 2021: Research and Markets

Research and Markets in its latest report “String Inverter Market – Global Forecast to 2021” forecasts the String Inverter Market to Reach $3 Billion by 2021 and grow at a CAGR of 8.29% during the time frame. The research firm notes that decrease balance of system cost, remove systems monitoring capabilities, and easy installation & […]

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Sunverge launches Advanced AC-coupled Energy Storage System

Sunverge Energy, a leading provider of intelligent energy storage systems for residences and small businesses has announced the immediate availability of an AC-coupled model of its industry-leading energy storage product. Offered to renewable energy installers and electric utility partners, this alternative method for connecting to rooftop solar systems provides superior backup power and easier installation […]

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NextEra Energy Resources and First Solar celebrate commissioning of Silver State South Solar Energy Center

NextEra Energy Resources, the largest generator of renewable energy from the wind and the sun, and First Solar celebrated the commissioning of Silver State South, a 250 megawatt (MW)ac solar energy center capable of generating enough clean energy to power approximately 80,000 homes. “Nevada has plentiful sunshine, and with the Silver State South Solar Energy […]

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Viz-a-Viz with William Sheng- SVP Global Marketing & Zhongli Talesun Solar

Zhongli Talesun solar Co., Ltd. is a leader in photovoltaic modules, solutions and services. Founded in 2010 as a PV system integrator, Zhongli Talesun today drives smart energy together with installers, distributors, utilities and developers worldwide. Company’s industry-shaping position is based on innovation excellence, superior product quality, vertically integrated capabilities and environmental stewardship. William Sheng- […]

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Hindustan Zinc to set up 155 MW solar project, to invest Rs 630 crore

Hindustan Zinc Ltd (HZL) has announced that it is foraying into solar energy business and will set up 115 MW of solar energy projects with an investment of Rs 630 crore. The company led by billionaire Anil Agarwal already produces 474 MW of thermal power and 274 MW of wind energy. HZL CEO Sunil Duggal […]

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Solar water pump market in India struggles to take off

In 2014, PM Narendra Modi set a target to install 1 million solar water pumps, equivalent to approximately 3000 MW, for irrigation and drinking water by 2021. But actual cumulative installed base stood at merely 25000 pumps as of April 2016. The bleak performance is despite the government offering massive subsidies of as much as […]

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Lightsource aims to setup 1GW of Solar PV Projects in India

UK-based Lightsource has come out with plans to set up large-scale solar power projects in the budding solar power market of India over the next few years. Lightsource Renewable Energy Ltd Managing Director and Head India Operations Rupesh Agarwal has stated that the company is looking to invest Rs 6500 crore (US$960 million) over the […]

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