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Fossil Fuels Dominance Shrank on Renewables Cost Reduction, Says BNEF

The report on the levelized cost of electricity (LCOE) for all the leading technologies states that fossil fuel power is facing an unprecedented challenge in all the three roles it performs in the energy mix supply of bulk generation, supply of dispatchable generation, and provision of flexibility. After significant reduction in the cost of wind, solar []

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AECC Signs PPA to Buy 100 MW of Solar Power from RES

The 100MW project, consisting of over 362,000 solar panels, will create as many as 175 jobs during the peak of construction, with up to three permanent jobs once construction is completed. In a significant development, Arkansas Electric Cooperative Corporation (AECC) has signed a power purchase agreement with Renewable Energy Systems Americas (RES) to supply 100 []

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JinkoSolar Revenue Surges 24% in Dec Quarter

The companys gross profit rose to RMB 735.3 million in December quarter of FY17, as compared to its gross profit of RMB 730.0 million in the fourth quarter of 2016. Photovoltaics company, JinkoSolar Holding has reported a growth of 24 percent in its total revenues at RMB 6.35 billion for the fourth quarter ended December []

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US Based Arkansas Electric Adds 100 MW of Solar Power

Arkansas Electric Cooperative Corporation, a generation and transmission cooperative, provides wholesale power to Arkansas 17 electric distribution cooperatives that provide electricity to about 500,000 homes, farms and businesses in Arkansas and surrounding states. US-based Arkansas Electric Cooperative Corp. of Little Rock has entered into a power purchase agreement with Renewable Energy Systems Americas Inc. (RES) []

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Savo-Solar to Start Sales and Marketing of Turn-Key Deliveries in Australia

Geoflow acts as the local partner for Savo-Solar and is in charge of turn-key system deliveries to customers in the region. Savo-Solar is supplying the equipment and participates also in projects when necessary. Savo-Solar has signed a cooperation agreement with Geoflow Australia Pty Ltd concerning the sales and marketing of solar thermal fields and turn-key []

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RK Singh Meets IPPs; Assures to Resolve Issues

Singh said that their concerns would be examined into and assured them of suitable action in consultation with concerned departments to strengthen the power sector. The Union Power Minister R K Singh has met with Independent Power Producers (IPPs) and discussed about the issues faced by them. He assured IPPs to find out possible solutions. []

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Arcadia Power and New Columbia Solar Launch New Partnership

New Columbia Solars clean energy systems are being built and operated on buildings all across the city, enabling District residents to power their lives entirely through locally based solar energy. Arcadia Power, a home energy platform for clean energy and savings, and New Columbia Solar, a local energy provider of solar electricity has announced a []

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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 Vectrens long-term electric generation transition plan. During the past few months, []

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French Prez Macron Promises 700mn to Support Solar Projs

We need to remove all obstacles and scale up, Macron added. French President Emmanuel Macron has pledged an additional investment of 700 million euros for solar projects in developing countries, as world leaders met in India to promote greater investment in renewable energy. Macron said France would extend an extra 700 million (Dh3.16 billion) through []

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