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Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch

The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing []

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Solar Developers to Get a One-Time GST Compensation of Rs 2000 crore

An order by Central Electricity Regulatory Commission (CERC) in October had approved the claims of solar power developers. In a relief to the solar developers, state power distribution companies will have to pay nearly Rs 2000 crore as a one-time compensation towards the impact of Goods and Service Tax (GST) on developers according to Icra. []

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Solar will Become More Competitive than Coal by 2040: IEA

IEA also said in the report that Renewable energy has surpassed fossil fuels worldwide as the main source of new electricity generation. Power generation using solar energy will be more competitive than that via coal before 2040, International Energy Agency (IEA) has predicted in its World Energy Outlook 2018 report. IEA also said in the []

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Solar Power to Charge Cars, Buses Soon: Bangalore Electricity Supply Company

Solar panels installed at apartments, offices and malls can generate electricity during the day and reduce the carbon footprint. BENGALURU: Bangalore Electricity Supply Company (BESCOM) is working on a plan to have solar power charge electric vehicles. Speaking to TNIE on the sidelines of the launch of city-wide rooftop solar initiative, BESCOM Managing Director C. []

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Is Loom Solar Really Competing with Amazon?<h6>Advertorial</h6>

With solar technology gradually becoming mainstream, there are many companies diversifying into solar, granting customers a large number of choices. Sometimes customers get confused due to a presence of a large number of solar brands/ companies and are unsure of the choices they make. Many good suppliers/ companies also get lost in the crowd, until []

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Amendment-IV: Selection of Solar Power Developers for Setting up of 10GW ISTS Connected Solar PV Power Plant Linked 3GW pa Solar Manufacturing Plant Under Global Competitive Bidding (Phase-I)

This has reference to the RfS No. SECI/C&P/RfS/5GW MANUFACTURING/P-1/052018 dated 25.05.2018 regarding Selection of Solar Power Developers for Setting up of 10GW ISTS Connected Solar PV Power Plant linked with 3GW (Per Annum) Solar Manufacturing Plant under Global Competitive Bidding (Phase-I). The Amendment-IV to RfS documents have been uploaded on www.tcil-india-electronictender.com (Only viewed on Microsoft Internet explorer 10.x or above browser) and []

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Solar FlexRack Completes Shipments of New TDP 2.0 Solar Trackers to 17 MW of Solar Projects in Georgia

Solar FlexRack, a division of Northern States Metals and an innovative leader in photovoltaic mounting and solar tracker solutions, announced today it has completed shipments of its new TDP 2.0 Solar Trackers to SolAmerica Energy to be installed in eight solar projects located across the state of Georgia. The new Solar FlexRack 2.0 Tracker with BalanceTrac introduces a technology []

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LONGi Issues 2018 Q3 Report: Revenue Rose 35.26% Compared to the Same 3 Quarters in 2017 to USD 2.11 Billion

Yesterday, LONGi Green Energy Technology Co., Ltd. (601012.SH) released its 2018 Q3 financial report, which showed: In the first three quarters of 2018, LONGi realized revenue of USD 2.11 billion, up 35.26% compared to the same 3 quarters in 2017. Net profit attributable to the parent company was USD 242.83 million. LONGis revenue has steadily []

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Canadian Solar and PKA Complete a Large Scale Solar Transaction in California

Canadian Solar Inc. (the Company, or Canadian Solar) (NASDAQ: CSIQ), one of the worlds largest solar power companies, and Pensionskassernes Administration (PKA), one of Denmarks largest pension service providers, today announced Recurrent Energy, LLC (Recurrent Energy), a wholly owned subsidiary of Canadian Solar, has finalized a transaction with PKA for its interests in two solar photovoltaic projects. In a deal valued around 2 []

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