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Sustainable Energy

SolarReserve Signs Agreement with South Australian Government for 150MW Solar Thermal Project with Energy Storage

The first of its kind in Australia, the Aurora Solar Energy Project will utilize SolarReserve’s leading solar thermal technology with integrated molten salt energy storage. SolarReserve has signed a long-term Generation Project Agreement (GPA) to build a 150 megawatt solar thermal power station with 8 hours of energy storage near the town of Port Augusta, […]

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Saudi Arabia Moving Towards a Sustainable Future

The discourse on renewable sources of energy and other issues of the environment in Saudi Arabia is moving increasingly to the fore. The world’s biggest powers have debated the issue of climate change at length. They came together in 2015 to find possible solutions to curtail its impact. 195 countries made history in 2015 when […]

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The Gospel of Distributed Energy Storage

A target of 175 GW by 2022 is not just challenging but brings a commodity to bring swift innovations to peg this clean mission. Falling energy storage costs and steadily increasing solar capacity stand to catalyze a paradigm shift from net metering to distributed energy storage. Implementing a system composed of a web of distributed […]

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University of Virginia, Dominion Energy and Coronal Energy Announce Ambitious Solar PV Project

As part of a 25-year agreement, the University of Virginia will purchase the entire output of a proposed solar PV project. Coronal Energy will develop the project, while Dominion Energy will construct and own the installation. The University of Virginia continues to expand its portfolio of carbon-free generation and achieve key sustainability targets with another […]

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Kyocera Corporation Enters into Solar Energy Sector in Thailand

Kyocera will continually promote solar rooftop systems in Thailand and will consider business expansion in other ASEAN countries through collaboration with SPCG. Kyocera Corporation has announced its plans to venture into the solar energy business in Thailand, with plans to increase sales in the country by 2.5 times during the year ending March 31, 2018 […]

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World’s First Panda-Shaped Solar Energy Farm Built in China

The Panda-Shaped Solar Energy Farm will provide 3.2 billion kilowatt-hour of green electricity in 25 years and is backed by the United Nations Development Programme (UNDP). In a world-first, China has built a large solar farm shaped like the iconic black and white giant panda. The station will have a have a capacity of 100 […]

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Morocco Secures USD 25 Million Loan for Solar Energy Projects

The project’s innovative hybrid solar design is also built on a unique Public-Private Partnership between the Moroccan Agency for Sustainable Energy (MASEN) and private sector sponsors – with a Build, Own, Operate and Transfer project structure and implementation approach Morocco has received USD 25 million loan from the Climate Investment Funds’ Clean Technology Fund, for […]

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Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar

Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […]

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