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Fraunhofer ISE, EVG Develop New Solar Cell to Convert 1/3 Sunlight into Power

Silicon solar cells dominate the global photovoltaic market today with a share of 90 percent. The researchers of the Fraunhofer Institute for Solar Energy Systems ISE (Fraunhofer ISE) together with the company EV Group (EVG) have developed a new silicon-based multijunction solar cell, which can convert exactly one-third of the incident sunlight into useful electricity. […]

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Govt Issues Clarification on Tariff Based Bidding Process for Solar PV Projects

The move will allow solar power developers to pass on the burden of any increase in duties on solar equipment to discoms. The Ministry of New & Renewable Energy (MNRE) has issued a notification with respect to ‘Clarification to guidelines for the tariff based competitive bidding process for procurement of power from grid connected solar PV power […]

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China’s GCL, Softbank Ink $930 Million Pact to Set up Solar Venture in India

According to the MoU, GCL Group and Softbank Investment agree to be directly or through their respective affiliates or subsidiaries in India, will establish a JV in which Softbank Investment (or its affiliates or related companies) is a joint venture company.   In a significant development, Japan’s SoftBank Group and Chinese firm GCL Group have […]

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NV Energy Seeks to Double RE Portfolio by 2023

The company has also exceeded the Nevada’s renewable energy requirement for the eighth year in a row, which currently sits at a 20 percent level. Public utility, NV Energy has set a target to double its renewable energy portfolio by 2023. The company has also exceeded the Nevada’s renewable energy requirement for the eighth year […]

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Nextera Energy to Sell its Canadian Renewable Portfolio

An affiliate of NextEra Energy Resources will continue to operate all of the facilities included in the transaction under a 10-year services agreement with CPPIB. NextEra Energy Partners has signed a definitive pact with Canada Pension Plan Investment Board (CPPIB) for the sale of its wind and solar generation portfolio in Canada, for about USD 582.3 million. […]

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Impose Safeguard Duty on Import of Solar Cells, says ISMA

The association has written to the Commerce Ministry favouring the Directorate General of Safeguards (DGS) recommendation of imposition of 70% duty on imports of solar PV cells and modules. The Indian Solar Manufacturers Association (ISMA) has demanded from the government for the imposition of safeguard duty on imports of solar cells and modules, saying it would be significant to […]

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Canadian Solar Wins Project Bond of the Year Award by Environmental Finance

The world’s first dual-tenor bond served as the financing vehicle for Canadian Solar’s 19MW Gunma Aramaki Solar Power Plant when it was issued in April 2017. Canadian Solar has announced that it has won Environmental Finance’s Project Bond of the Year award for its innovative dual-tenor green project bond issuance in Japan. Environmental Finance, an […]

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CIL Plans to Generate 20 GW Solar Power in Next 10 Years

We don’t have the land in single size, its of our various subsidiaries which we will use, says CIL Chairman. As part of its diversification plan, state-owned miner Coal India Ltd (CIL) is targeting to generate about 20,000 MW in next 10 years. Commenting on the development, Coal India, Chairman and Managing Director, Gopal Singh said, “For Coal […]

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Sunpreme wins Award for Bifacial Smart Solar PV Panels from Frost & Sullivan

Sunpreme GxB380 Bifacial Smart Solar received high marks across the board for its best practices for innovative technology, world-class quality, and outstanding customer experience. US-based solar PV company Sunpreme won the 2018 Frost & Sullivan New Product Innovation Award for bifacial smart solar PV Panels. Sunpreme GxB380 Bifacial Smart Solar received high marks across the board […]

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