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Walmart, SunPower Sign 23 MW Solar Pact

As part of the project, a mix of rooftop and ground-mount solar systems are expected to account for 23 MW, with start of construction targeted for the first half of 2019.   Retail stores chain operator Walmart has reached an agreement with SunPower to have the commercial energy provider install solar systems at 19 stores […]

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Egypt Could Meet Over 50% Electricity Demand via Renewable Energy: IRENA

The Egypt Renewable Energy Outlook report finds that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to USD 900 million annually in 2030. Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook report finds that pursuing higher shares […]

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Shaw Air Force Base, Duke Energy Join Hands for New Solar Project

Duke Energy’s Solar Rebate Program helped with the costs of the Shaw project and has provided more than USD 50 million in rebates as an extra incentive for customers who wanted to go solar across its South Carolina footprint. Hunt Southern Group along with its military partner, Shaw Air Force Base, has collaborated with Duke […]

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Green Climate Fund Invests $1 Bn for Developing Countries

The 19 new projects amount to a total investment from GCF of USD 1,038 million, and including co-financing the projects will channel over USD 4,244 million of climate finance for low-emission, climate-resilient development. The Green Climate Fund (GCF) in its 21st board meeting in Bahrain has approved over one billion dollars of new projects and […]

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CDPQ Raises Stake in Azure Power to 40% via $100 Mn Addl Investment

Post this new investment, the total amount invested by CDPQ in Azure Power grew to USD 240 million. Canada’s one of the leading institutional fund managers, La Caisse de dépôt et placement du Québec (CDPQ) has raised its shareholding in Azure Power Global, India-based solar firm, to 40 percent through USD 100 million contribution to the company’s recent […]

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PNM to Add 100MW of Solar in New Mexico to Serve Facebook Data Center

PNM Resources’ (NYSE: PNM) New Mexico utility, PNM, received approval on Wednesday from the New Mexico Public Regulation Commission (NMPRC) to purchase 100 megawatts of solar generation from NM Renewable Development, LLC (NMRD) in order to continue serving the Facebook data center in New Mexico with 100 percent renewable energy. This addition supports the goal to achieve a more […]

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Solis’ Various Generating Capacities of Single Axis Horizontal Tracker pv Power Station

“Double-sided PV module plus Single Axis Horizontal Tracker” is a new technology widely adopted by China’s third batch of photovoltaic pioneer program. However, “double-sided PV module” is a new technology that started in 2017, and many people are not aware of the power generation effects of actual projects. Here’s how, Ginlong Solis describes the power […]

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Viz-A-Viz with Animesh Damani, Managing Partner, Artha Energy Resources

Q. Please tell our readers more about Artha Energy Resources (AER) as a consultant in renewable energy sector. Artha Energy Resources is India’s first and only Renewable energy focused Investment Bank. Since its inception, the company has done 800 million USD worth of Mergers and Acquisitions. It houses three main divisions viz. a. Investment Banking […]

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