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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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String Inverters – Igniting the Solar Market in 2018

The renewable energy sector is catapulting a holistic approach in the overall technology world. Especially ‘Solar Power’ which has a GW trail to his name is seen as the next big revolution in renewable energy sector. The power demands in future will become ruthless and Government is writing subpoena for Solar Experts and companies to […]

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Ensync Energy Sells PPA For 790-Kw Solar Project At Hawaii Residential Community

EnSync Energy’s modular technology approach also enables the residential complex to easily scale capacity in the future. EnSync Energy Systems, a developer of distributed energy resources (DERs), has announced the sale of a 20-year power purchase agreement (PPA) for a 792-kW solar project for a residential community in Hawaii to an undisclosed buyer. The project […]

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Concentrating Solar Power Market Expected to Reach 8.9 Billion Dollars by 2025

Growing electricity demand along with rising investments to augment the efficiency index will provide an impetus to the concentrated solar power market growth. The global concentrated solar power market is predicted to reach USD 8.92 billion by 2025. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling […]

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Waaree Energies Limited Raises Rs 100 crore From Centrum Financial Services Limited

Centrum Group, controlled by ex-Standard Chartered top leader, Jaspal Bindra, made the investment through its non-banking finance arm. The integrated solar power solutions company, Waaree Energies Limited raised Rs 100 crore  from Centrum Financial Services Limited for helping the Mumbai-based alternate energy equipments firm’s capacity expansion through a structured financing deal. Founded in 1989 and headquartered […]

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Battery Costs in Stationary Energy Could Fall by up to 66%, Grow 17-Fold by 2030: IRENA

The cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the […]

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Solar Energy Insurance for Utility Scale Projects

With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […]

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Global concentrated solar power market to reach USD 8.92 billion by 2025: Research and Markets

Research and Markets in its new report predicts the global concentrated solar power market to reach USD 8.92 billion by 2025. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling the market growth. Increasing clean energy adoption over non-renewable fuels is expected to drive the global concentrated […]

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Concentrated Solar Power Market Size to Reach $8.92 Billion by 2025: Grand View Research, Inc.

The global concentrated solar power market is predicted to reach USD 8.92 billion by 2025, according to a new report by Grand View Research, Inc. increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling the market growth. Increasing clean energy adoption over non-renewable fuels is expected to […]

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