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Rooftop solar units from third party costs 40 percent cheaper than DISCOMs

Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […]

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LG CNS bags contract for 55MW Yamaguchi Shin Mine Solar Power Project in Japan

LG CNS has announced that it will construct a 55 Megawatt solar power plant in Shin Mine of Yamaguchi prefecture, Japan. The project amounts to approx. KRW 170 billion in size with the cost of construction and operation combined, and it will last about 18 months with the goal of commencing commercial operation in May […]

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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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Thin Film Solar Cells Market Size to Exceed $30bn by 2024: Global Market Insights

Global Market Insights forecasts the thin film solar cells market size to exceed USD 30 billion by 2024. The research firm notes that strong concerns towards fossil fuel depletion with stringent regulations to reduce greenhouse gas emission will drive global thin film solar cells market share. Financial incentives including tax rebate, subsidies, net metering, FIT, […]

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Trina Solar Hits New Efficiency Record of 22.61% for Mono-Crystalline Silicon PERC Cell

Trina Solar Limited has announced that its State Key Laboratory of PV Science and Technology of China has set a new world conversion efficiency record of 22.61% for a high-efficiency p-type mono-crystalline silicon (c-Si) solar cell. The solar cell was fabricated on a large-sized boron-doped Cz-Si substrate with a low-cost industrial process of advanced PERC […]

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Photovoltaics and Ethylene Oxide Production to consume Six Hundred Million Ounces of Silver Through 2020

Two of the everyday industrial uses for silver are in photovoltaic cells (the main constituents of solar panels) and as a catalyst for the production of ethylene oxide (an important precursor in the production of plastics and chemicals).  These two uses of silver will together account for 120 Moz per year of consumption on average […]

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