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ET Energy

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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ABB India Dec Quarter Net Profit up 5.3%; Eyes Solar Expansion Overseas

We have delivered balanced performance in 2017, and built a solid foundation for future growth and profitability as our nation’s and global markets improve, says Sanjeev Sharma. ABB India Ltd, a leader in power & automation technologies, has reported a rise of 5.3 per cent in its standalone net profit after taxes (PAT) at Rs 171.52 […]

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Alec Energy to Construct 6.5 MW Solar Rooftop Project for Dubai Hills Mall

Alec Energy will be responsible for the system design, sourcing local approvals and construction of the facility. Alec Energy, Alec Engineering and Contracting’s renewable energy unit, has signed off on a contract to construct a 6.5MW rooftop solar plant with Emaar Development for the Dubai Hills Mall project which is currently under construction. According to […]

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Alfen to Supply 140kW Energy Storage System to Belgian Grid Operator

Alfen supplies a 140kW energy storage system that will be connected to Eandis’ logistical center. Alfen, specialist in energy solutions for the future has announced the start of a smart energy storage system for Eandis ‘logistical center in Lokeren, Belgium, that will be used to optimize self-consumption of the rooftop solar energy generation. The storage system, […]

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Global Concentrated Photovoltaic (CPV) Market Analysis to 2025: Market is Expected to Reach USD 6.35 Billion

The global concentrated photovoltaic (CPV) market is expected to reach USD 6.35 billion by 2025 at a 10.1 percent. Demand for concentrated photovoltaic is anticipated to register rapid growth owing to its ability to harness solar energy in areas with no space constraints. CPV technology is yet to gain worldwide acceptance and manufacturers are constantly […]

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