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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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Sunew announces the largest global use of 3rd generation solar energy

SUNEW, a Brazilian company located in one of the principal poles of solar energy on the planet, just announced the largest global use of OPV (Organic Photovoltaic) technology, considered to be the third generation in solar energy, installed on the outside of a commercial building. OPV used on glass is capable of transforming sunlight into […]

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HT-SAAE HIGHWAY PV Modules Granted “Triple IEC Standard” certification

The HIGHWAY PV module products developed by Shanghai Aerospace Automobile Electromechanical Co., Ltd. (known as HT-SAAE) bagged the “Triple IEC Standard” certification that tests the reliability of PV module products released by TUV Rheinland. TUV Rheinland is a leading technical certification provider. HT-SAAE has earned many TUV certifications for the company’s outstanding performance in different […]

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South Africa supports India on local sourcing of solar equipment manufacturing

South Africa has backed India’s local sourcing rules in solar equipment manufacturing, while calling for BRICS countries to come up with a joint strategy to work around regulations of the World Trade Organization (WTO). South Africa’s Trade and Industry Minister Rob Davies said, “BRICS nations need to compare notes on how to re-construct their renewable […]

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