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Tesla makes an offer to acquire SolarCity

Tesla seeks to accelerate the world’s transition to sustainable transportation by offering increasingly affordable electric vehicles. Last year in March the company launched Tesla Energy, which through the Powerwall and Powerpack allow homeowners, business owners and utilities to benefit from renewable energy storage. Now the company has made an offer to acquire SolarCity. The company […]

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CLP India, Suzlon form JV for 100MW solar project in Telangana

CLP India, one of the largest foreign investors in the Indian power sector, and Suzlon Group have formed joint venture for a 100 MW solar project at Veltoor in Telangana. As per the agreement signed between CLP India and Suzlon, CLP India acquired 49% stake in SE Solar, a special purpose vehicle (SPV) set-up by […]

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Juwi, KPS partners on solar, battery and diesel hybrid system

juwi Australia has entered into strategic partnership with KPS, a subsidiary of Pacific Energy Limited on hybrid system. The strategic alliance will focus on remote projects seeking to integrate solar and battery energy with traditional diesel or gas fueled power stations. It will bring together the capabilities, technology and resources of the two. KPS and […]

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Ameresco completes 18.6 MW solar facility in Frederick, Maryland

Ameresco has announced that it has completed 18.6 megawatt (MW) direct current (15.0 MW alternating current) solar facility located at the U.S. Army Garrison Fort Detrick Army installation in Frederick, Maryland. The large-scale solar project, now operational, is comprised of 59,994 solar panels installed across 67 acres of land throughout Area B at Fort Detrick. […]

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Piyush Goyal launches Urja & Vidyut Pravah mobile App alongside Ujala Scheme in Goa

Power, Coal and New and Renewable Energy Minister- Piyush Goyal on Thursday launched ‘URJA’- Urban Jyoti Abhiyaan Mobile app and Vidyut Pravah” App on the side-lines of ongoing two day Conference of Power Ministers at Cansaulim in South Goa. The URJA app developed by Power Finance Corporation on behalf of Ministry of Power for Urban […]

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Average costs for electricity generated by solar and wind could decrease by 59% by 2025: IRENA

International Renewable Energy Agency (IRENA) in its latest report revealed that average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025. The report, The Power to Change: Solar and Wind Cost Reduction Potential to 2025, finds that with the right regulatory and policy frameworks in […]

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ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report

IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […]

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Varanasi Municipal Corporation to install solar panel in its offices

The Varanasi Municipal Corporation has signed a Memorandum of Understanding (MoU) with Renewable Energy Corporation of India (RECI) to install solar panels in its offices across the five zones and 14 sub-zones. Varanasi Municipal Corporation is the first municipal corporation in the state that has entered into a bilateral agreement with RECI on solar energy. […]

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