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Photovoltaic (PV) Inverter Market Size Worth $19.8bn by 2024: Global Market Insights Inc.

Global Market Insights, Inc.Ltd. in its new report forecasts the Photovoltaic (PV) Inverter Market size to reach USD 19.87 billion by 2024. The report states that decreasing solar component cost associated with increasing adoption of clean fuel energy will drive the Photovoltaic (PV) inverter market size. Technology advancement and manufacturing improvement have positively impacted the […]

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ReNew Power to install solar rooftop for Indian Railways

After successfully securing the highest subsidy allocation from SECI for rooftop solar projects, ReNew Power Ventures has won bids for 5MW solar installations across various locations for the Indian Railways. India’s leading renewable energy development company will invest around Rs 35 crore in these projects which will supply energy to Railways through a 25-year power […]

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Solar developers seems least interested for TANGEDCO’s solar projects

In October, Tamil Nadu Generation and Distribution Corporation Limited floated a tender for 500 MW of utility scale solar projects. The tender received limited interest and that too predominantly from smaller developers who have submitted 20 bids totaling just 116 MW. This tender from TANGEDCO follows an allocation of approx. 1200 MW in early 2015 […]

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Intersolar steps into one of the most promising, but challenging solar markets

The Iranian Deputy Minister for Energy, Dr. Sattar Mahmoudi, and the Managing Director of the Renewable Energy Organization of Iran (SUNA), Dr. Mohammad Sadegh Zadeh, welcomed more than 400 attendees, twice as many as expected, at the first Intersolar Summit Iran in Tehran on November 15, 2016. Main discussions were about grid-integration solutions, financing and […]

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Azure Power Announces Results for Second Fiscal Quarter 2017

Azure Power Global Limited, one of the leaders in the Indian solar industry, announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the second quarter period ended September 30, 2016. Second Quarter 2017 Period Ended September 30, 2016 Operating Highlights: Operating & Committed Megawatts were at 1,021 MW, as of September […]

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Canadian Solar Reports Third Quarter 2016 Results

Canadian Solar Inc., one of the world’s largest solar power companies, announced its financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights Total solar module shipments were 1,185 MW, of which 1,161 MW was recognized in revenue, compared to 1,290 MW recognized in revenue in the second quarter of 2016, and […]

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West Contra Costa Unified School District Goes Solar with SunPower

West Contra Costa Unified School District (WCCUSD) and SunPower Corp. will begin construction of SunPower Helix solar systems at 34 school sites in the East Bay region of the San Francisco Bay Area. The solar installations will include carports, shade structures and rooftop systems and will be constructed over the next year, with the first phase being […]

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Etrion and Hitachi High-Technologies signs Project Finance Agreement for 13.2 MW Komatsu solar project in Japan

Etrion Corporation, a solar independent power producer, announced today the signing of a project finance agreement with Sumitomo Mitsui Trust Bank, Limited (“SuMi Trust”) for the construction of the 13.2-MW Komatsu solar project located in the Ishikawa Prefecture of Japan. Marco A. Northland, Etrion’s Chief Executive Officer, commented: “I am delighted to announce the signing […]

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Tamil Nadu Electricity Regulatory Commission rejects plea of two Adani group firms

Tamil Nadu Electricity Regulatory Commission (TNERC) has rejected the pleas filed by two Adani group firms as a miscellaneous petition, and has asked the companies to file the pleas as a Dispute Resolution Petition. Kamuthi Solar Power Ltd, which had set up a 216 MW solar PV plant and Ramnad Renewable Energy Ltd, which had […]

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