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STFI, IGCC to implement three-year support project for solar process heat “Solar Payback” in India

Solar Payback project aims to increase the use of solar thermal energy in industrial processes The Solar Thermal Federation of India (STFI) and the Indo-German Chamber of Commerce (IGCC) have teamed up for the international ‘Solar Payback’ project. The Solar Payback project aims to increase the use of solar thermal energy in industrial processes. Supported […]

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China takes Global Lead in Renewable Energy Investments

China’s overseas investment in renewable energy projects jumped last year by 60 percent to a record $32 billion (30 billion euros), marking its leadership in the global market for clean energy, as reported on IEEFA. In 2016, China finalized 11 foreign deals worth more than a billion dollars each, and is expected to pick up […]

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Solar Power to Become Economical than Coal by 2025

As reported on Bloomberg, solar is expected to get cheaper than coal by 2025 According to the reports, the solar power has become quite cheaper than the coal in various parts of the world. In less than a decade, it’s likely to be the lowest-cost option almost everywhere. In 2016, countries from Chile to the […]

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Cabinet approves proposal of MNRE for ratification of ISA’s Framework Agreement by India

ISA will strive to bring together more than 121 solar resource rich nations for coordinated research, low cost financing and rapid deployment Union Cabinet, chaired by the PM Narendra Modi has approved the proposal of MNRE for ratification of International Solar Alliance’s (ISA) Framework Agreement by India. ISA was launched jointly by the Prime Minister […]

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Duke Energy completes sale of international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador, Argentina

Duke Energy completed the previously announced sale of its international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise value. The company is exiting the Latin American market to focus on its domestic U.S. regulated core business. Duke Energy announced the sale of its assets […]

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Scatec Solar partners with local ItraMAS-led consortium to build 200 MW PV in Malaysia

Scatec Solar has entered the Malaysian large-scale solar energy market by joining forces with a local ItraMAS-led consortium that has signed three 21-year Power Purchase Agreements (PPAs) with the country’s largest electricity utility, Tenaga Nasional Berhad (TNB). The partnership covers three solar projects totaling nearly 200 MW and involves a total investment of close to […]

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Photovoltaic (PV) Inverter Market Size Worth $19.8bn by 2024: Global Market Insights Inc.

Global Market Insights, Inc.Ltd. in its new report forecasts the Photovoltaic (PV) Inverter Market size to reach USD 19.87 billion by 2024. The report states that decreasing solar component cost associated with increasing adoption of clean fuel energy will drive the Photovoltaic (PV) inverter market size. Technology advancement and manufacturing improvement have positively impacted the […]

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Canadian Solar Reports Third Quarter 2016 Results

Canadian Solar Inc., one of the world’s largest solar power companies, announced its financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights Total solar module shipments were 1,185 MW, of which 1,161 MW was recognized in revenue, compared to 1,290 MW recognized in revenue in the second quarter of 2016, and […]

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Renewable Energy Policy FiT Analysis: Installed Capacity and Targets to 2020

Countries worldwide are planning to promote renewable energy in one way or the other in order to reduce dependency on fossil fuels. Hence, mandatory renewable energy targets are being laid down by the governments to ensure that the power producers produce certain proportions of the total electricity generation from renewable energy sources. For instance, the […]

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