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Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra

An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids, Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and []

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Empower Energies Announces Completion of 14.5MW Solar Project for CYRQ Energy in Utah

Empower advised CYRQ on the development and design of the Patua solar project, including the selection of the solar equipment, which included approximately 45,360 photovoltaic (PV) solar panels, and the EPC for the construction and commissioning of the project Empower Energies has announced the completion of the Patua solar power project, a 14.5MW DC solar []

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Waaree Energies Ties Up with American Company GTAT for Merlin Technology

American companys GT Advanced Technologies Merlin technology is said to result in reduction in cost of modules by 10 per cent. Indias premier multi-diverse technology group having forte in multifarious verticals such as Solar Energy, Waaree Energies has entered into a tie-up with US-based Merlin Solar for incorporating the American companys GT Advanced Technologies Merlin []

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UPPCL Issues Notice to Six Companies for Delaying the Installation of Solar Plant

UP Power Corporation Limited (UPPCL) has issued the Procure Preliminary Default notice to six companies, seeking cancellation of their agreement with the New Energy Development Authority (NEDA). The Uttar Pradesh government has issued notice to six private companies, including Adani Green Energy, for delay in setting up solar power plants in UP. The decision was []

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Etrion Completes 9.5 MW Aomori Solar PV Project in Japan

The Aomori solar project was built in collaboration with Japanese company Hitachi High-Technologies. The solar PV project is expected to produce approximately 10.7 GWh of solar electricity. Etrion Corporation, a solar independent power producer has completed construction of 9.5MW utility-scale solar PV project in Japan, and connected to the grid the remaining two sites of []

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Siemens and AES Join Forces to Create Fluence, a New Global Energy Storage Technology Company

Combining the proven AES Advancion and Siemens Siestorage energy storage platforms with expanded services, Fluence will offer customers a wider variety of options to meet the challenges of a rapidly transforming energy landscape. Siemens and the AES Corporation has announced their agreement to form a new global energy storage technology and services company under the []

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Bhopals Raja Bhoj Airport to go Solar Completely by December

The authorities at Raja Bhoj Airport have decided to install a 1MW capacity solar plant to power all airport functions. Once operational, it will save Bhopal airport Rs 25 lakh a month in electricity charges. Raja Bhoj Airport is going solar- all the way. Its going to be only the second airport in India, after []

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UP Wants Solar Power Companies to Lower Power Tariffs

The solar power developers have received pro-forma of a letter from the UP Electricity Regulatory Commission (UPERC) that wants them to sign by which they would voluntarily agree to lower solar tariffs. Following a steep fall in solar tariffs in the last two years, Uttar Pradesh is pressuring solar power project developers to cut rates []

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Sunworks to Complete 760 KW Solar Construction Project for Empire Farms in 2017

The 706 kilowatt (KW) solar project will be spread across four Empire Farms sites and offset the energy cost at each of the farms irrigation pumps. The organic hay farm anticipates savings of more than $83,000 during its first year of operation notes Sunworks. Sunworks has announced that a new project of 760 kilowatt (KW) []

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