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American financial institution to allocate $421 million to India for solar, internet projects

American financial institution to allocate $421 million to India for its solar and broadband projects reports PTI.  It will enable the country to become a low carbon economy and expand the internet infrastructure. Last week US Government’s development finance institution, Overseas Private Investment Corporation (OPIC), sanctioned $250million to subsidiaries of ReNew Power Ventures Private Limited […]

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PSEG Solar Source acquires 37.8 MW-dc solar energy facility from Juwi for $60m

PSEG Solar Source has acquired a 37.8 MW-dc solar energy facility from juwi Inc. for $6 million. The facility located in Las Animas County, Colorado will be named PSEG San Isabel Solar Energy Center. It will increase the capacity of PSEG Solar Source’s portfolio to 315 MW-dc. The PSEG San Isabel Solar Energy Center has […]

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SolaireDirect bags 75MW solar power project in Uttar Pradesh

French multinational electric utility company ENGIE through its subsidiary Solairedirect has won a 75 MW solar power project in Uttar Pradesh. The firm has quoted viability gap funding (VGF) of Rs.7.435 million/MW. Last week Solar Energy Corporation of India (SECI) awarded a 50MW project to Indian conglomerate RattanIndia Power in Allahabad, Uttar Pradesh with VGF […]

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UP Govt extends Solar vision concludes the North India Solar Summit

Just after UP state govt. proposed a mini-grid solar policy and rooftop solar power policy to change sentiments on clean and renewable energy, manifesting confidant towards solar energy the state has recently hosted the 3rd edition of the North India Solar Summit. Organised by Indian Industries Association (IIA) underlined the emerging business and trade opportunities in […]

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Solar Installation to well surpass 4GW in 2016, marking a 100% YoY Growth – Report

The Indian solar sector is finally emerging from hibernation with solar installations doubling in 2015 after three years of flat growth, said Raj Prabhu, CEO and co-founder of Mercom Capital Group. Global clean energy communications and research firm cited that solar installations totaled 2,133 MW in 2015, up from 883 MW installed in 2014, which […]

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MIT explains the crux behind the World’s Lightest Solar Cells

As solar panels get mainstream, innovations into this technology are also on leap. Today, technologies are getting more flexible, thinner and lighter and researchers at MIT are known to have abided the rules and created the thinnest, lightest solar cells ever produced. The MIT professor Vladimir Bulovi, research scientist Annie Wang, and doctoral student Joel […]

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The Colossal Solar is Tuning Growth – New Numbers are Promising

The solar wealthy countries are on a row to compete on this nascent solar market. Last year, the big heads of the world congregated to sign a historic pact under International Solar Alliance (ISA), marking the generation to the alternative energy, especially ‘solar’.   The solar industry of U.S. is witnessing impetus growth as new reports […]

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ENGIE bags 40 MW solar power project in Peru

French multinational electric utility company ENGIE through its subsidiaries Enersur and Solairedirect has won a 40 MW solar power project as part of the 4th nationwide call for tenders launched in Peru. The company in a statement said this performance in the context of a very selective bidding procedure, reflects the highly competitive price offered […]

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