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Solar Revenue

South Carolina’s Largest Solar Project Begins Operation

Cubico and Cypress Creek have announced the successful energisation of 106 MW Palmetto Plains, South Carolina’s largest solar project in operation. Cubico Sustainable Investments, a global investor in renewable energy backed by two of Canada’s largest pension funds, and Cypress Creek Renewables, a leading national solar and storage company, recently announced the successful energisation of […]

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CARE Downgrades Outlook of 11 Telangana Solar Firms

After CRISIL, Indian ratings agency CARE has downgraded the outlook of 11 solar companies in the wake of AP order to review PPAs. Care Ratings has revised its outlook to negative on the borrowing programs of 11 solar power producers. The agency did so due to delayed payment to the solar firms by distribution companies in Telangana […]

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Capital Dynamics Acquires 180 MW Solar Project in Nevada

Capital Dynamics has announced that its CEI business has acquired the Townsite Solar Project, a 180 MW solar project located in Nevada Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure (CEI) business has acquired the Townsite Solar Project, a 180 MW/ 231 MWdc solar project located in […]

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Integrating Wind & Solar in Existing Grid Effectively

The green initiatives in Union budget 2019 focus on renewable energy, air pollution, water, and solid waste management for a sustainable future. That makes the integration of renewable energy like solar and wind in existing national grid a must to achieve India’s target of 175GW in renewable energy capacity by 2022. But the variability and […]

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Canadian Solar Awarded 51.1 MW Solar Project in Brazil Auction

Canadian Solar has been awarded a 51.1 MW solar PV project in the Sixth Federal Energy Auction (A-4) held in Brazil. Canadian Solar, one of the world’s largest solar power companies, has announced that it has been awarded a 51.1 MW solar photovoltaic (PV) project in the Sixth Federal Energy Auction (A-4) held in Brazil […]

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Scatec Solar Commissions 66 MW Solar Plant in Malaysia

Scatec Solar has commissioned its 3rd solar power plant in Malaysia, the 66 MW Merchang plant. It now has a total of 197 MW in operation in the country. Scatec Solar and partners have grid-connected its third solar power plant in Malaysia, the 66 MW (DC) Merchang plant. The company now has a total of […]

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Solar Thermal Industry Seeks Replacement of 18% GST with 5%

Before the introduction of Goods and Services Tax (GST) by the Government of India from 1st of July 2017, many taxes like VAT, Octroi, Service tax have been subsumed into a single tax of GST. The GST has merged under the heading Renewable energy devices & parts for their manufacture all of the earlier solar […]

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Growatt Introduces Smart Solar Storage Solutions in Australia

At the SEC (Smart Energy Council) in Melbourne on June 27, 2019, Growatt introduced its latest smart storage ready inverter, TL-XH. Australia’s growing battery storage industry has prompted the update of battery rules. From June to July Growatt will join a number of senior industry experts in New Battery Rules Training Workshops held by Australia’s […]

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Gujarat Plans To Rollout Solar Power Scheme for Slum Areas

The Gujarat government after the launch of solar power plan for residential areas and farmers now plans a similar plan for slum dwellers The Government of Gujarat plans to launch a solar power generation scheme for slum dwellers. Not only will slum dwellers get free power, but also the government will also pay them for […]

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