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World to Get 50% Electricity from Wind and Solar by 2050, says BNEF Report

“We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses,” said Seb Henbest, Head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. The world will generate half of the power generation […]

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Ellomay Arm Inks EPC Pact with METKA for 300 MW Spanish Talasol Project

This is a very significant milestone in the advancement of the Talasol project, which is expected to be one of the largest photovoltaic projects in Europe and one of the first projects to work on grid parity, that is, without subsidies, says Ran Fridrich. Israel-headquartered renewable energy company Ellomay Capital’s arm Talasol Solar has entered into an […]

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ReneSola Gets EUR 36 Mn Addl Funding for 55 MW Poland Projects

All these 55 MW projects are under Poland’s Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff. Chinese solar company ReneSola said that Sequoia Economic Infrastructure Income Fund (Sequoia) had agreed to extend senior debt facility to EUR 36 million for ReneSola’s 55 MW Poland projects, with 1MW capacity each. In December 2017, Sequoia […]

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Tata Power Gets Sandvik India Gender Award 2018 under CSR Category

The SIGA award is a unique platform recognizing individuals who demonstrate exemplary leadership in promoting gender equality across the organization. Integrated power company Tata Power has won the Sandvik India Gender Award (SIGA) 2018 under the Corporate Organization – CSR category in Pune. The award recognized the company’s excellence and commitment towards gender equality and […]

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GCL New Energy Inks PPA for 110 MW Solar Project in Colorado

Further, this project is located on 611 acre site 35 miles east of Denver, Colorado where the land is flat and has good irradiance. Clean energy conglomerate GCL Group arm GCL New Energy has inked a long-term power purchase agreement (PPA) with Intermountain Rural Electric Association (IREA) for its Pioneer 110 MW greenfield project in Colorado. Further, this […]

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Haryana Sr Secondary Schools to Get Rooftop Solar Power Plants

In order to promote solar energy, solar photovoltaic power plants are being installed atop various other buildings also, he further said. In a new order by the Minister of State for Public Health Engineering, Banwari Lal, said that solar power plants would be installed on the rooftops of all senior secondary schools in Haryana. In […]

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Samsung to Increase Renewable Energy Use to Curb Global Warming

Samsung, the world’s biggest smartphone maker, and South Korea’s biggest corporate group, is the first electronics manufacturer to join a movement spearheaded by Apple and other Silicon Valley companies. In order to help in curbing the global warming, Samsung Electronics join the global list of companies that are promising to increase their use of solar and other renewable […]

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Magenta Power Sets-up India’s 1st Solar Powered EV Charging Station; Mulls to Expand by Year End

The company also has aggressive plans in EV space and aims to set up 100 charging stations at various locations in Mumbai. It is also in discussions with various stakeholders to this end. One of the leading service providers of renewable energy solutions, Magenta Power in association with Exicom installs country’s first solar charging station […]

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Scorchio – Solar Energy is on the Up So too are Associated O&M Costs

The Early May Bank Holiday weekend saw record temperatures across the UK, with many southern and eastern counties experiencing hotter weather than the Mediterranean. Such was the weekend heatwave that solar power transpired to be the dominant energy source between 12.15 and 3.15 on the Sunday, producing more power that the conventional energy generation sources, […]

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