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Altenex Revolutionizes Renewable Energy Purchasing with PowerBloks

Altenex, an Edison Energy company, today announced the availability of PowerBloks – a first-of-its-kind renewable energy power purchase agreement (PPA) structure for commercial, industrial and institutional electricity users. PowerBloks is specifically designed to meet the needs of large and mid-size energy users by providing smaller and shorter duration renewable capacity offtake. The result is a […]

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Developments in the Renewable Energy Sector

The renewable energy sector is getting stronger, and becoming a prominent component of our energy infrastructure. One reason for the increasing popularity of green energy is that is becoming cheaper to produce. Michael Liebreich, chairman of the advisory board for Bloomberg New Energy Finance (BNEF) said that recent solar and wind auctions in Mexico and […]

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REC lends Financial Assistance to IIT Madras for 2MW rooftop solar panel on campus

Rural Electrification Corp (REC) has provided funds of Rs 1450 lakhs under CSR activities to IIT Madras for rooftop solar panel installation. Rural Electrification Corp (REC) has extended a financial assistance of Rs 1450 lakhs under Corporate Social Responsibility (CSR) initiative to Indian Institute of Technology Madras (IIT Madras) for the project installation of 2MW […]

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Global BIPV and BIOPV Market expected to reach USD 31.14 billion by 2024

Solar PV,  BIPV and BIOPV Market Share will be reaching to SD 31.14 billion by 2024 The global Solar PV, BIPV and BIOPV market size is expected to reach USD 31.14 billion by 2024, according to a new report by Grand View Research. Rising adoption of solar energy generation by renewable sources without comprising on […]

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Panasonic, Tesla to start Manufacturing Solar Cells and Modules in Buffalo, NY Factory

Panasonic Corp. will invest more than 30 billion yen in the production facility of Tesla Motors to make photovoltaic (PV) cells and modules. Tesla and Panasonic have finalized an agreement to start the manufacturing of photovoltaic (PV) cells and modules at the Buffalo, NY factory. According to reports Panasonic Corp will invest more than 30 […]

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Mondragon Assembly Introduces New MTS 2500 Tabber and MTS 5000 lay-up Machine

Mondragon Assembly has introduced its new MTS 2500 tabber and MTS 5000 lay-up machine. The new MTS 2500 is an evolutionary leap in the concept of Tabber Stringer machines. The design of Mondragon Assembly allows a net production capacity of 2400 cells per hour in a single welding track, making it the fastest in the […]

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Envision Solar’s CEO Desmond Wheatley Selected as one of the Responsible 100 Winners by City & State Reports

Envision Solar International, Inc., the leading renewable energy, outdoor advertising, EV charging and energy security product company, announced today that Desmond Wheatley, CEO was selected as one of ‘The Responsible 100‘ by City & State, a media company devoted solely to covering government and politics in New York. The Responsible 100 honors business and government leaders […]

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Etrion Completes Balance of Sale of Italian Solar Portfolio to EF Solare Italia

Early this year in November Etrion Corporation signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Now the company has announced that it has completed phase two of the previously disclosed sale of its Italian solar portfolio to EF […]

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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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