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Duke Energy’s Hamilton Solar Power Plant opens in Florida, providing more carbon-free energy for Sunshine State customers

Duke Energy today announced the completion and operation of its new 74.9-megawatt (MW) Hamilton Solar Power Plant in Jasper, Fla. The plant’s carbon-free power is enough to energize more than 20,000 homes at peak production. Across Duke Energy’s Florida service territory, the company’s 1.8 million customers — and the environment — are now benefiting from approximately 300,000 solar […]

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Texas Can Be Free of Coal, Study Finds

Texas could meet a significant portion of its electricity demand from renewable power without investing much into extensive battery storage. Texas is the state from where the USA started its journey of oil, turns out it is also the place where wind and solar energy can provide power round the clock, a new research has […]

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Australia’s CEFC Invests $72 Mn in Renewables Fund

This is the largest equity investment ever made in renewable energy in Australia with an aim to encourage institutional investors. Making a tremendous renewable energy push, Australia’s Clean Energy Finance Corporation (CEFC) has invested US $72 million (AU $100 million) in the Australian Renewables Income Fund (ARIF). This is the largest equity investment ever made […]

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INSPIRE 2018 Concludes After Three Days of Insightful Deliberations; Showcased Four Unique & Innovative Solutions for Energy Efficient India

The three-day International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2018) concluded in New Delhi, today. Organised by Energy Efficiency Services Limited (EESL), a joint-venture of PSUs under the Ministry of Power, Government of India, and the World Bank, the third edition of INSPIRE witnessed participation from over 300 experts and delegates […]

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SolarEdge Announces Third Quarter 2018 Financial Results

SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2018. Third Quarter 2018 Highlights  Record revenues of $236.6 million, up 42% year-over-year GAAP net income of $45.6 million GAAP net diluted EPS of $0.95 Non-GAAP net diluted EPS of $0.86 […]

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JinkoSolar to Supply 255MWp Solar Panels to One of the Year’s Largest Solar Farms in Australia

JinkoSolar Holding Co., Ltd. is one of the world’s largest solar module manufacturers, announced today that it has entered into the Contract for the Supply of PV Modules with Decmil Australia Pty Ltd on September 27, 2018, for supply 255MWp of its high efficient solar panels for the Sunraysia Solar Farm (“Project”) developed by Maoneng […]

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Viz-A-Viz with Kapil Maheshwari, CEO, Hinduja Renewables Energy Pvt Ltd

Q. To begin with, how do you see your journey with Renewables Industry? I started my journey in Renewables Energy from the days of completing my masters from IIT, Bombay. Since then I am part of this industry in geographies like US, Germany and India. Started my journey as Design Engineer in RE Industry and […]

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SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn

As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses.   Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […]

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Xcel Signs Deal for 250 MW Solar Plant at EVRAZ, Pueblo

The Xcel Energy power plant under the long-term electricity contract will feed Rocky Mountain Steel directly and will be under the state’s net metering enactment. Aspiring to make good use of new energy, steel making and mining giant EVRAZ has signed a deal with the energy and natural gas provider, Xcel Energy for a 250 MW behind-the-meter […]

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