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benefits of solar energy

CleanMax Solar Secures Rs 275 Cr Investment From UK Climate Investment

Mumbai-based solar power developer CleanMax Solar has raised Rs 275 crore in equity funding from UK Climate Investments (UKCI). UKCI will underpin the development of a nationwide network of solar farms following the agreement to invest £30 million in one of India’s leading providers of renewable energy for commercial and industrial clients, CleanMax Solar. Founded […]

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Amplus Inks Pact with Kongsberg to Digitalize Solar Asset Lifecycle

“This partnership with Kongsberg Digital is another step in our endeavor to channelize the power of technology to maximize solar performance,” he added. Gurgaon-based Amplus Energy Solutions has entered into an Memorandum of Understanding (MoU) with Norway’s Kongsberg Digital to utilize its efficiency enhancing applications – Kognifai. As per the deal, Amplus will explore opportunities […]

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Duke Energy Contracts 14 Solar Projects Worth 602 MW in North Carolina

Duke Energy will produce or purchase a total of 602 MW of renewable energy from projects under the North Carolina’s Competitive Procurement of Renewable Energy (CPRE) program. Bringing more cost-effective solar energy to the Carolinas, 14 utility-scale projects have been selected during an independently judged bidding process – part of a 2017 comprehensive renewable energy […]

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Solar Pumps Sales Projected to Prosper at 11.7% CAGR Until 2027

The global sales of solar pumps have been projected to prosper at 11.7 percent CAGR between 2017 and 2027, as India prepares to take centre stage with robust applications in irrigation. A new research report has estimated that the global solar pumps market will reach up from a value of $822 million in 2017 to a value […]

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E.ON and Duke Energy Begin Construction on their Windfarms in Texas

E.ON and Duke Energy have both announced their plans to develop 200+ MW windfarms in Texas. E.ON’s 220 MW Cranell Windfarm and Duke’s Mesteño wind farm are both expected to come into operation before the end of the year. Germany-based electric utility company, E.On has announced that the Cranell Windfarm, a 220 megawatt (MW) project, […]

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EDP Deploys Portugal’s First MW-Scale Solar Plus Storage Project

Portuguese power utility company, EDP has announced that it will deploy its largest solar photovoltaic farm with energy storage in Portugal. The company has signed an agreement with battery maker Exide Technologies. It provides for the deployment of two photovoltaic solar production units, with a total capacity of 3.8 MW, for self-consumption in its facilities […]

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How Mobile Solar Pumping System Can Revolutionize Indian Farming

Nowadays, in such cases where farmers are still out of the reach of the electrical grid and don’t have proper irrigation facility, the adoption of solar via innovative ways has helped them in fulfilling their irrigation needs.  Solar has been adopted in rural areas in the country at a rapid pace on the back […]

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Grid-Connected Solar Rooftops Have higher Energy Payout Ratio: Report

The energy produced over the lifetime of typical rooftop solar panels more than makes up for the energy it takes to make, mount and then eventually recycle them. But adding a home battery usually lowers those dividends, according to new research from Stanford University. A new study published by the Royal Society of Chemistry’s Sustainable […]

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Renesola & Nautilus Complete Acquisition of 21.1 MW Minnesota Community Solar Portfolio

Nautilus has acquired a 21 MW community solar portfolio, which is the largest community solar portfolio developed by ReneSola in Minnesota. In a joint statement, ReneSola, a leading fully-integrated solar project developer and provider of energy-efficient products, and Nautilus Solar Energy, a leading national solar project acquisition, development and asset management company, announced Nautilus’s acquisition […]

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