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benefits of solar energy

Can Rooftop Solar be the Game Changer to Achieve India’s Ambitious Solar Target?

India is on its way to phase out fossil-based energy generation and adopt green energy. The growing population and the need for energy align with India’s transition initiatives, thus satisfying energy demands and in the process reducing the carbon footprint. The country’s per capita energy consumption currently stands close to one-third of the world’s average. […]

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Offshore Wind Energy in India Ready to be Explored

A new study by JMK Research and Analytics takes a look at the offshore wind energy sector in India, the challenges and the opportunities. Offshore wind turbines harness sea winds to generate power. They work in the same way as an onshore wind turbine, the only difference being that in offshore wind, turbines can be […]

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Unplanned Solar Plant Repairs Worth $16 bn by 2024

Annual solar plant repairs costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. According to a new report, annual solar plant operations and maintenance (O&M) costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. The report by […]

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ASI Acquires ReneSola-Developed 55MW Solar Farm in Poland

This ReneSola-developed portfolio consists of 34 state-of-the-art individual projects with a total installed capacity of 55MW. Global asset manager Aberdeen Standard Investments (ASI) has acquired 100 percent stakeholding in ground-mounted solar farms developed by Renesola with 55 MW of capacity. This ReneSola-developed portfolio consists of 34 state-of-the-art individual projects with a total installed capacity of […]

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New Huawei Smart Inverters Bring AI, IoT and Big Data to Solar Installations

Huawei will revolutionise the solar installation market by bringing the new SUN2000-15/20KTL-M0 three phase smart inverters to Indian solar users. The arrival of the SUN2000-15/20KTL-M0 smart PV inverter looks set to further fuel growth in the household, industrial and commercial segments with the product designed to deliver ultimate safety and high reliability – even in […]

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There has Been Significant Uptick in Demand for Solar Products: Jatin Patel

I believe that there has been a significant increase in demand for solar energy products. Particularly due to the increasing awareness of the benefits of solar-powered products, affordability and abundance of solar companies in India. The introduction of refined government policies has left a fundamental impact on India’s solar market, by increasing the affordability and […]

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EBRD, GCF Commit $6.4 mn for Solar Plant in Kazakhstan

EBRD and GCF are loaning up to USD 6.4 million to finance a new 10 MW solar plant in the Zhanakorgan District in southern Kazakhstan. The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF), are stepping up their efforts to support renewables in Kazakhstan with a loan of up to […]

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Dominion Energy Acquires Two Solar Projects in Virginia

Dominion Energy has acquired two solar generating projects worth 95 MW from Savion LLC in Virginia. Dominion Generation, a wholly-owned subsidiary of Dominion Energy, has announced that it has acquired two solar generating projects worth 95 MW from Savion LLC, a subsidiary of Macquarie‘s Green Investment Group. Virginia The facilities are expected to be operational […]

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Will Rooftop Solar Rescue India’s Faltering Solar Target – Plus: 5 States Where The Numbers Will Matter

Zero. That’s the number of fresh utility scale solar and wind projects commissioned in August 2019 through Solar Energy Corporation of India (SECI), India’s premier agency for executing them. While the corporation is not seeing a zero month for the first time, the fact remains that in 2016-17, when momentum was picking up sharply, not […]

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