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energy markets

Vectren Selects Partner, Announces Location for 50 MW of RE in US

Construction will begin after the Indiana Utility Regulatory Commission authorizes the project; a decision is expected in the first half 2019. Vectren Energy Delivery of Indiana (Vectren) has selected First Solar to build the 50-megawatt (MW) solar array outlined last month as part of Vectren’s long-term electric generation transition plan. During the past few months, […]

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Canadian Solar’s Unit Completes Sale of 235 MW Plant to Korean Utility

Recurrent Energy developed the three projects, all of which reached commercial operation in 2016 and have long-term power purchase agreements. Canadian Solar Inc. has finalized the sale of its interests in three solar photovoltaic projects totaling 235 MWac/309 MWp. The Korea Electric Power Corporation (“KEPCO”), South Korea’s largest electric utility with an installed capacity of […]

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Green Street Power Acquires NYC Solar Projects from SunPower

SunPower Helix technology is expected to offset approximately 20,496 metric tons of CO2 from the 5 boroughs over the lifetime of the system, the equivalent of preserving 167 acres of forest. Stamford-headquartered Green Street Power Partners, LLC (GSPP) has acquired a portfolio of community solar projects all in Con Edison’s service zone, from a solar energy […]

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Global Solar Market to Reach Over 106GW in 2018, TrendForce Forecasts

Global solar demand in 2018 is expected to reach 105.88 GW, up from roughly 100 GW in 2017, driven by two installation rushes in China and e recovery on the European market. This is a forecast by EnergyTrend, the green energy research division of Taiwan’s TrendForce. It said today quarterly installations will remain above the […]

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Intersolar India is celebrating its 10th anniversary in Bengaluru – the Silicon Valley and technology hub of India

Solar developments in India grew exponentially in 2017. Further announcements and new market opportunities in the energy storage and electric mobility sector strengthen India to become an interesting and very promising market in the future. The state of Karnataka is one of the most flourishing Indian solar markets and the first Indian state to launch […]

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Statkraft Installs 5MW Solar Power Plant in Tamil Nadu

Statkraft BLP Solar Solutions earlier commissioned several roof-top and ground-mounted projects, including a 5MW open access solar plant in Tumkur District, Karnataka. Statkraft BLP Solar Solutions (SBSS), a leading renewable energy company in India has commissioned a 5MW ‘in-campus’ solar project at SRF’s manufacturing plant in Gummidipoondi in the state of Tamil Nadu. The solar […]

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Solar Home Lighting System Powers Rural India

With no energy costs and often simple installation, more and more people particularly in rural areas are putting their faith into the solar revolution and switching to harness energy from the sun by using solar home lighting systems. Recent advancements in the technology helped millions of households to use solar home lighting devices. The Solar […]

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Waaree Energies Wins ‘Solar Module Company Of The Year’ Award

Apart from supplying more than 400 MW of modules in 2017, Waaree also executed more than 50 MW of solar EPC projects and supplied 3000 tonnes of module mounting structures and more than 2000 solar pumps.   Solar power solutions company, Waaree Energies Ltd. has won the ‘Solar Module Company of the year’ award at […]

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ABB India Dec Quarter Net Profit up 5.3%; Eyes Solar Expansion Overseas

We have delivered balanced performance in 2017, and built a solid foundation for future growth and profitability as our nation’s and global markets improve, says Sanjeev Sharma. ABB India Ltd, a leader in power & automation technologies, has reported a rise of 5.3 per cent in its standalone net profit after taxes (PAT) at Rs 171.52 […]

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