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Solar Imports in India Grew by 47 % In the First Half of FY 2016-17: Mercom Capital

Mercom Capital in its latest report has revealed that Indian solar sector registered import and export activity worth over $1 billion (~Rs.67 billion) in the first half of financial year (FY) 2016-17, compared to $700 million (~Rs.44.5 billion) during the same period in 2015. The research firm notes that during the six-month period, India exported […]

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Scatec Solar secures 150MW of solar project in Brazil

Scatec Solar has signed an agreement with the Brazilian company Kroma Energia Ltda. and its partners (“Kroma”), securing four PV plants totaling 150 MW (DC) co-loated in the state of Ceará in Brazil. The projects were bid and won by Kroma in the auction process held by ANEEL, the Brazilian Electricity Regulatory Agency, in November […]

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NEXTracker Launches NX Fusion Plus Industry’s first Solar Tracker Plus Storage Solution

NEXTracker has launched an innovative solar plus energy-storage solution ‘NX Fusion Plus’ for U.S. and international markets. NX Fusion Plus integrates solar tracker, battery, inverter, and software to deliver better return on investment to owners of solar power plants. By incorporating battery storage technology into its product, NEXTracker is further increasing the energy output and […]

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Ameresco, Town of Sturbridge partners to Build 2.4 MW Community Solar Array

Ameresco has announced that the Company has moved forward with construction of the Town of Sturbridge’s long-awaited 2.4 MW solar facility. The solar array will be located on property behind the Center at Hobbs Brook that is otherwise considered unusable land due to its location. The multi-million-dollar solar project will provide renewable energy in support […]

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Solar water pump market in India struggles to take off

In 2014, PM Narendra Modi set a target to install 1 million solar water pumps, equivalent to approximately 3000 MW, for irrigation and drinking water by 2021. But actual cumulative installed base stood at merely 25000 pumps as of April 2016. The bleak performance is despite the government offering massive subsidies of as much as […]

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What’s Stored in the Solar Storage

The war of storage is no novice in the generation of digital transformation. Perhaps, the word storage can be framed with human evolution as we dignified civilization and society further to individual home, hence imagining a home is also a fact of storage where it composites humans and their endeared beholdings. Now, the fact of […]

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Infosys generates solar energy at 2.85/kWhr, plans expansion

The cost of solar power has dipped well below the 3-mark, if software major Infosys is any example. Infosys’ Executive Vice-President, U Ramadas Kamath said that the company has 6.6 MW of ground mounted solar capacity (and another 600 kW on the roofs) at its Hyderabad facility. The cost of generation of electricity, averaged over […]

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Photovoltaic (PV) Inverter Market Size Worth $19.8bn by 2024: Global Market Insights Inc.

Global Market Insights, Inc.Ltd. in its new report forecasts the Photovoltaic (PV) Inverter Market size to reach USD 19.87 billion by 2024. The report states that decreasing solar component cost associated with increasing adoption of clean fuel energy will drive the Photovoltaic (PV) inverter market size. Technology advancement and manufacturing improvement have positively impacted the […]

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