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Solar Revenue

German Govt to Expand Capacity in Solar & Wind Power Auctions

The German government, led by Angela Merkel, has said that it will expand the energy capacity tendered in renewable power project auctions to help decarbonise electricity, and will relieve the burden on consumers by reducing a fee charged to support wind and solar operators. While renewable sources hold a 50% stake in the power mix […]

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JinkoSolar Joins the United Nations Global Compact

JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has announced it has joined the United Nations (U.N.) Global Compact, the world’s largest corporate sustainability initiative. Under the U.N. Global Compact, signatories are encouraged to align their operations and strategies with key principles on human rights, labor, environment, and anti-corruption.  […]

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Solar O&M Gets Set For The Big League In India

As India’s solar footprint has grown, from a tentative 3.7 GW in 2015 to over 40 GW now, a little appreciated, but growing opportunity is finally getting its place in the sun too. The Solar Operations and Maintainance (O&M) business. A $4 billion business worldwide in 2019, it is set to be a $9 billion […]

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ISGF Paper Proposes new Revenue Opportunites For Electric Utilites

A new white paper entitled New Revenue Opportunities for Utilities, which highlights various opportunities for revenue generation for utilities through digitalising the power sector and unlocking existing infrastructure and services, has been published by India Smart Grid Forum- a public private partnership initiative of Ministry of Power for accelerated development of smart grid technologies in the […]

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GIP’s Indian Arm Vector Green Gets CRISIL AAA Rating for Solar Portfolio

Vector Green Energy, the Indian renewables platform wholly owned by fund manager Global Infrastructure Partners (“GIP”) in India, has been awarded the highest rating of ‘AAA/stable’  by credit rating agency CRISIL for a group of its solar power generating plants (Restricted group). A AAA rating implies the highest safety and lowest credit risk for any […]

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Jack Daniel’s Partners with Silicon Ranch to Procure 20 MW of Solar Energy

Jack Daniel’s partners with the Tennessee Valley Authority, Duck River Electric Membership Corporation, and Nashville-based solar power producer Silicon Ranch to provide the iconic Tennessee whiskey maker’s Lynchburg distillery with 20 megawatts of solar energy. TVA signed a long-term power purchase agreement with Silicon Ranch to build, own, and operate the solar facility just a few miles from the world-famous distillery […]

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Tata Power Solar Doubles PV Manufacturing Capacity to 1.1 GW

Tata Power Solar has announced an expansion of its manufacturing facility in Bengaluru, taking the total production capacity of cells and modules to 1.1 GW Tata Power Solar Systems Limited, one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power, has announced a significant expansion of its state-of-the-art manufacturing facility in […]

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Unsustainable. 128 Non-functional Solar Plants in J&K due to Callous Attitude

In a scathing indictment of the way taxpayer money is allowed to be wasted, including in renewable energy, the Comptroller and Auditor General (CAG) has highlighted the shocking state of 128 solar plants in J&K (Jammu and Kashmir). Set up at police establishments, these plants have been non-functional since 2014 due to non-settlement of payment […]

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