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Electricity Market

GE to provide 220-megawatt (MW) LV5 Series solar inverters for DEWA’s solar project

GE has confirmed that it will provide 220-megawatt (MW) LV5 Series solar inverters for Dubai Electricity and Water Authority’s (DEWA) solar project in Mohammed bin Rashid Al Maktoum Solar Park. DEWA’s solar project is considered a breakthrough for the solar industry, as the DEWA power purchase contract with ACWA Power had been signed at one […]

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Firms not doing well will not impact India’s solar programmes: Piyush Goyal

Renewable Energy Minister Piyush Goyal at an event organized by industry body CII said that some firms not doing well will not impact the programme’s success reports PTI. When asked about the debt problems faced by SunEdison, Goyal said “there are always certain cases of firms failing all over the world in every industry. There […]

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ABB and Solar Impulse proves clean energy future is achievable

Solar Impulse flying halfway around the world on solar energy, has already proved that it is possible to produce a stable, 24/7 electricity supply using only renewable energy. On the ground, ABB is helping remote communities and islands like Hawaii to meet and sustain their own energy needs by incorporating renewable and clean energy technologies […]

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Indian Banks edgy, as Solar Companies fails to deliver

What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […]

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EDF Renewable Energy signs 15 year PPA with a California Utility for 111 MWac Solar Project

EDF Renewable Energy has signed a 15-year Power Purchase Agreement with Southern California Edison (SCE) for 111.2 megawatt alternating current (MWac) solar project. The Valentine solar project will deliver clean electricity to SCE starting December 2019. Valentine Solar spreads across 1,260 acres of private land in Kern County’s Mojave Desert, adjacent to company’s Catalina Solar […]

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Origin Energy inks deal with Moree Solar Farm to buy solar power output

Origin Energy has signed an agreement to purchase electricity for 15 years from Moree solar farm in New South Wales. Origin Energy is touting the 15-year power purchase agreement (ppa) as a “landmark”. It is the first agreement that company has struck with a large scale solar facility. Under the agreement the utility will purchase […]

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Redflow launches home solar storage battery ZCell to take on Tesla and Panasonic

Australia based battery developer Redflow has launched its first residential energy storage solution named ZCell made from easily recyclable and reusable components. Redflow‘s ZCell battery unlike its competitors, does not use lithium and is more recyclable than its competitors. It can store 10 kilowatt hours (kWh) of energy which will let users ‘timeshift’ solar power […]

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SkyPower, Sachigo Lake First Nation partners to establish Solar Parks

A major developer of utility-scale solar energy projects, SkyPower has inked a partnership deal with Sachigo Lake First Nation to develop a multitude of utility-scale solar photovoltaic projects in Ontario. SkyPower qualified the asked large renewable procurement (LRP) process through the Independent Electricity System Operator (IESO and jointly submitted proposals for the development of solar […]

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Solar Installation to well surpass 4GW in 2016, marking a 100% YoY Growth – Report

The Indian solar sector is finally emerging from hibernation with solar installations doubling in 2015 after three years of flat growth, said Raj Prabhu, CEO and co-founder of Mercom Capital Group. Global clean energy communications and research firm cited that solar installations totaled 2,133 MW in 2015, up from 883 MW installed in 2014, which […]

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