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SolarCity Opens Fund of $249 Million in Solar Projects

SolarCity announces its opening of a new tax equity fund of $249 million in solar projects. Whereas, the other financing partner name was not unveiled, though this investment is reported as the fourth solar project fund by the two partnering companies. After total consolidation, the fund is known to twofold in size making a total […]

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Global Solar PV Pipeline well Crosses the 200 GW Mark

With an undeniable stir in United States solar investment tax credit (ITC) proposed last year, the global solar photovoltaic pipeline is now reported to surpass 200 gigawatts (GW). At a combined capacity of 110 GW, projects in the U.S., China and Brazil make up half of the current PV pipeline, according to IHS. The biggest […]

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The Red Lake Nation Turns Solar Starts with 15 MW of Installation

The Red Lake Nation tribal leaders announces of getting into the solar business. Claimed as one of the largest solar projects planned in northern Minnesota, the plan is to install 15 megawatts of solar panels across the rooftops of their largest buildings. With this accomplishment, the vicinity can illuminate every bulb in the tribe’s three […]

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Solar Power Tariffs to witness Legitimate Fall – Study

Despite aggressive bidding, debt viability of projects with low execution and counterparty risks — especially those under the Jawaharlal Nehru National Solar Mission scheme and Solar Park scheme, is likely to remain intact,” said a recent report of India Ratings and Research, or Ind-Ra. Solar power tariffs—which hit a low of Rs 4.34 per unit […]

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Hybrid Fuel-Solar Innovation can Level the Mining Power Outrage

Sectors like Mining, where irradiation is high, CSP solar components which depends completely on sunny regions can aid the power crisis for these vulnerable areas. A study named “A hybrid solution with concentrated solar power (CSP) and fuel for baseload mining operations” analyses the fit of Stirling Hybrid solutions for the mining industry. The Stirling […]

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Australian Expertise in Rooftop Solar can aid India’s Renewable needs – Piyush Goyal

Recently, at the roundtable of ‘Renewable Energy Challenge for Grid Integration’, Power Minister Piyush Goyal pronounced “Australia’s rooftop solar expertise has to be looked into to transfer technology at affordable rates expanding renewable energy in India.” The minister said, “India can use Australian expertise in rooftop solar as almost a third of Australian homes in […]

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World’s Largest Solar Power Plant Operational in Morocco

Reducing emissions by 76,000 tons a year and catering 1.1 million people with energy, the world’s largest solar power plant facility now flaunts in Morocco. Funded by the World Bank and other associates, the $9 billion Noor Concentrated Solar Power (CSP) plant is located in Souss-Massa-Drâa area in Morocco, about 6 miles from Ouarzazate town. […]

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Morocco Launches a Massive Solar Plant

Pegging the global rush of renewable energy, Morocco King Mohammed VI has introduced one of the world’s gigantic solar plants recently, by taking the advantages of Sahara Sunrays. The $3.9-billion task in the southern town of Ouarzazate, otherwise called Noor I, is the principal phase of the venture anticipated to provide 1.2 million Moroccans. Climate […]

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Indian Govt to Dispatch an Incentives Scheme for Solar Power Plants

The Indian Govt. is working on incentives scheme for solar power projects, generating capacity of 3,000MW or above. The authority has reported that incentives scheme is like to assign in the forthcoming Fiscal Year 2016-2017. ‘An interministerial committee led by the Department of Industrial Policy and Promotion (DIPP) Secy will secure the report very soon, […]

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