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Renewable Electricity’s Spanish Support Scheme Approved by the European Commission

The scheme has around 40,000 beneficiaries. In 2016, the annual payments under the scheme amounted to €6.4 billion. The Spanish scheme supporting electricity generation from renewable energy sources, high efficiency co generation of heat and power and waste, the European Commission has found it to be in line with EU State aid rules. The scheme […]

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Elgin Energy Seeking Permission to Build a 100-Acre Solar Photovoltaic (PV) Park in Kilkenny

The project will also eliminate 300,000 tonnes of carbon dioxide emissions in its whole operation lifespan of 30 years. In a slew of proposal applications to develop solar park, Elgin Energy’s application to build a huge 100-acre solar photovoltaic (PV) park in UK’s Kilkenny. The high inflow of applications has been considered as the major […]

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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 Solar Panel Market Will Reach USD 57.5 Billion by 2022: Zion Market Research

Zion Market Research has published a new report titled “Solar Panel Market (Monocrystalline, Poly-crystalline, and Thin-film Solar Panel) for Residential, Commercial and Utility Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022”. According to the report, the global Solar Panel Market accounted for USD 30.8 billion in 2016 and is expected to reach […]

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EESL and UK Firm Collaborate on New Renewable Energy Pact

EESL EnergyPro Assets Limited (EPAL) launched the new partnership at India House in London for the investment in an advanced battery storage project. A joint venture of Indian PSU Energy Efficiency Services Limited (EESL) and UK-based EnergyPro Limited (EP) will invest USD 12 million in a new partnership with leading battery storage solutions provider Leclanché. […]

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NV Energy Seeks Approval for Three New Solar Energy Projects

NV Energy has submitted a separate request with the Public Utilities Commission of Nevada to utilize the NV GreenEnergy Rider program to help a major customer offset 100 percent of its next phase of growth with solar energy. In its continuing effort to serve its customers with low-cost renewable energy, NV Energy filed a request […]

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Half-cell technology to rise and shine in subsidy-less solar business climate

Both China’s launching tradable green certificates and Japan’s replacement of its Feed in Tariff (FiT) scheme with an auction mechanism shows that the cost of renewable power generation has become more and more competitive to that of fossil fuels. Solar will continue to survive with less dependency on subsidy in the near future. At the […]

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Market for Digitalization in Energy Sector to Grow to $64Bn by 2025

Digital technologies for fossil fuel operation and maintenance are big business today, but activity is shifting towards services for distributed renewables and the connected home. New energy innovations will be centered on digital technologies and the strategic use of data, according to new research published today. A shift is coming in the energy industry from […]

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India’s Effort in Renewable Energy Led To Drop in Solar Price

US Senator Merkley during the hearing on Energy and International Development stated that because of India’s effort in renewable energy there has been a considerable drop in solar price. India’s massive effort towards renewable energy has resulted in considerable drop in solar price and the country now believes that the solar power is cheaper than […]

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