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India, France ink Renewable Energy Contracts under ISA Umbrella

In new & renewable energy sector, India’s one of the leading solar manufacturer and EPC player Vikram Solar has signed a collaboration pact with the French Alternative Energies and Atomic Energy Commission (CEA). Under the umbrella of International Solar Alliance (ISA), Indian and French companies have signed various business contracts and agreements in the new […]

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Suzlon Commissions 340 MW Solar Projects in Three States

With the commissioning of 340 MW projects, Suzlon has completed delivery of its entire solar order book. Suzlon, India’s largest renewable energy solution provider has commissioned 340 megawatt (MW) of solar projects across Telangana, Rajasthan and Maharashtra. The projects include 210 MW in Telangana, 60 MW in Rajasthan and 70 MW in Maharashtra, the company […]

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Canadian Solar’s Unit Completes Sale of 235 MW Plant to Korean Utility

Recurrent Energy developed the three projects, all of which reached commercial operation in 2016 and have long-term power purchase agreements. Canadian Solar Inc. has finalized the sale of its interests in three solar photovoltaic projects totaling 235 MWac/309 MWp. The Korea Electric Power Corporation (“KEPCO”), South Korea’s largest electric utility with an installed capacity of […]

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Modi Calls for Concessional, Less-risky Financing for Solar Projs

We have to increase the share of solar in energy mix, says PM Modi. In a move to raise the share of solar power in the energy basket, provide cheaper electricity and cut carbon emissions, the Prime Minister Narendra Modi has called for the concessional financing and less-risky funds for solar projects. While speaking at the founding conference of the International […]

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IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India

More than 1 million Indian households to benefit from the new initiative EIB has extended this line of credit without insisting for sovereign guarantee from Government of India European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 […]

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Global Solar Market to Reach Over 106GW in 2018, TrendForce Forecasts

Global solar demand in 2018 is expected to reach 105.88 GW, up from roughly 100 GW in 2017, driven by two installation rushes in China and e recovery on the European market. This is a forecast by EnergyTrend, the green energy research division of Taiwan’s TrendForce. It said today quarterly installations will remain above the […]

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Forecasting to mitigate back-down

Unlike other renewable energy rich countries where grid management is for the purpose of energy management, the grid management in India actually targets to solve the capacity management problem. The power market structure of India is comparatively complex unlike other countries and with the penetration of massive variable renewable energy like wind and solar, the […]

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Ayala Acquires Majority Stake in US Solar Tech Firm

Merlin is highly complementary to various Ayala businesses, such as the renewable energy generation under AC Energy, says Jaime Augusto. Conglomerate Ayala Corporation has expanded its footprint in the solar energy by acquiring controlling stake in the Silicon Valley-based Merlin Solar Technologies Inc. In a disclosure to the Philippine Stock Exchange, Ayala said, the transaction […]

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Smart Grids Overcome Renewable Energy Variability and Uncertainty

Smart grids—modernized networks that enable bidirectional flows of energy and use two-way communication and control capabilities, and “distributed generation”— will address the variability and uncertainty of RE without utilities having to add to their conventional Renewable Energy (RE, which includes hydro, biomass, and geothermal as well as the more familiar photovoltaic (PV) and wind) faces […]

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