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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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Azure Power Announces Results for Second Fiscal Quarter 2017

Azure Power Global Limited, one of the leaders in the Indian solar industry, announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the second quarter period ended September 30, 2016. Second Quarter 2017 Period Ended September 30, 2016 Operating Highlights: Operating & Committed Megawatts were at 1,021 MW, as of September […]

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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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The Investors Theorem: Your Rooftop PV Solar Project

Over the past two decades, there have been many attempts to reform the electric utility market. The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at verge. Now with vigorous […]

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Etrion and Hitachi High-Technologies signs Project Finance Agreement for 13.2 MW Komatsu solar project in Japan

Etrion Corporation, a solar independent power producer, announced today the signing of a project finance agreement with Sumitomo Mitsui Trust Bank, Limited (“SuMi Trust”) for the construction of the 13.2-MW Komatsu solar project located in the Ishikawa Prefecture of Japan. Marco A. Northland, Etrion’s Chief Executive Officer, commented: “I am delighted to announce the signing […]

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Ameresco Commissions 5.3 MW Solar Project at Knox County Facilities

Ameresco has announced the completion of a $12.45 million Energy Savings Performance Contract (ESPC). In the spring of 2015, Ameresco was selected by Knox County to install more than 5 megawatts (MW) of solar photovoltaic systems on the rooftops of 11 schools plus the Knox County Central Building, and ground-mount solar arrays at the Detention […]

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Why EPC are Treading in the Solar Race?

Solar has taken the momentum with a cumulative installed grid connected solar power capacity reaching 8,062 MW (8.1 GW) as of 31 July 2016. The ecosystem seems stable as analyst asserts that the solar market in India is set to clan the billion-dollar space. Not much appalling on the WTO setback, Indian Solar manufacturing capabilities […]

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OPIC, ReNew Power enters into an agreement for 100 MW solar project in Telangana

U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has signed an agreement with ReNew of approximately $74 million for a 100 MW solar project in Telangana. Announced during the 22nd session of the United Nations Framework Convention on Climate Change Conference of Parties (COP22), this project is expected to diversify the country’s power […]

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