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Startup Opportunities in Solar pv

Two key words that I would like to start: “startups” and “Rs.2.44/unit”. These have caught the attention of every educated citizen in the country. The first, for the opportunity of utilizing ones ideas and potential of doing something great; the other being the lowest tariff quoted in this month in solar PV under reverse bidding. […]

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How falling solar tariffs are shaping the solar future of India’s 100GW goal

The technology chapter of solar energy is aerobicized, the growing efficiencies and advance solar cells is aggrandizing operation regardless of robust conditions. In the case of India, the valiant figures of solar integration are extolling and cementing new charts of growth. This unequivocally qualifies the international and national players to proliferate and also aggressively dive […]

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Government’s New Solar Norms Prevents DISCOMSs from Terminating PPAs

The solar guidelines, laid down by the renewable energy ministry, prevent DISCOMs from unilaterally amending or terminating PPAs. India has announced new norms to improve bankability of solar power projects and boost investments without raising tariff, even as the International Renewable Energy Agency (IRENA) said the country can raise renewable energy use to meet a […]

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Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra

“An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids,” Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and […]

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Rural Electrification & Solar

India is blessed with huge amount of natural resources. It observes around 300 sunny days a year on an average highlighting a huge potential of solar energy in India. Solar energy could play an important role in alleviating energy poverty. India receives solar radiation of 5 to 7 kWh/m2 for 300 to 330 days in […]

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Empower Energies Announces Completion of 14.5MW Solar Project for CYRQ Energy in Utah

Empower advised CYRQ on the development and design of the Patua solar project, including the selection of the solar equipment, which included approximately 45,360 photovoltaic (PV) solar panels, and the EPC for the construction and commissioning of the project Empower Energies has announced the completion of the Patua solar power project, a 14.5MW DC solar […]

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Alterra Power announces closing of $19.9 million construction loan facility for 11 MW Spartan solar project

Alterra expects the Spartan project  to achieve commercial operations in December 2017 Alterra Power Corp. has announced the closing of a $19.9 million construction loan facility for the Spartan solar project, an 11 MW solar project located on the Michigan State University campus in East Lansing, Michigan. The loan facility is supplied by 1st Source […]

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ContourGlobal Adds 20MW of Operating Solar Plants in Italy to European Solar Business

The acquisition further expands ContourGlobal’s Italian power business and leverages the company’s existing Italian thermal and renewable operating platform consisting of high efficiency QuadGeneration facilities. ContourGlobal has signed an agreement for the acquisition of a group of companies owning 20MW of operational solar photovoltaic (“PV”) plants in Italy from ErgyCapital S.p.A. The plants, located in […]

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