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Soltage and Basalt Announce 57 MW North Carolina Solar Power Project Portfolio

Soltage and Basalt have announced 57MW solar power project portfolio in North Carolina under a $140 million equity capital partnership. Renewable Energy Company Soltage and Basalt Infrastructure Partners have announced that they have closed an investment in a nine-project, 57 MW solar power project portfolio across the state of North Carolina. This is the second […]

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Global Solar PV Installations Expected to Reach 429 GW by 2026: Navigant Research

Navigant predicts that the distributed solar PV market will add 429.1 GW worth of new capacity between 2017 and 2026, and generate revenue of around $528.9 billion. According to new figures from Navigant, the global installed capacity of distributed solar PV between 2017 and 2026 is expected to reach 429 GW, while an additional 591 […]

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Ellomay to Buy 300 MWp Spanish Solar Power Project

Ellomay has entered into a SPA, acquiring the Spanish firm behind the project, Talasol Solar’s 300 MW solar power project with purchase amount of EUR 10 million. Ellomay Capital Ltd., an emerging operator in the renewable energy and energy infrastructure sector has announced its entry, through one of the Company’s subsidiaries, into a share purchase […]

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Coal Use in China Declines in 2016 as Solar Capacity Rises 82%

Significant investments in clean energy and favourable renewable energy prices continue to stifle the demand for coal in China. The world’s largest carbon emitter’s coal consumption fell in 2016 for the third consecutive year. The National Bureau of Statistics said the country’s consumption of coal fell by 4.7 per cent last year, according to preliminary […]

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VIZ-A-VIZ with S.K Mahajan, Director, IB Solar

Q. Kindly slate on the journey of the company so far. The business was founded in 1992 with a mere capital of Rs. 2000; my father was a retired government officer then. I have 16 years of experience with corporate industry before starting business under the name Integrated Marketing, which became Integrated Batteries India Pvt. Ltd. […]

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Chinese Solar Equipment Major, GCL-Poly Energy Bids on India Solar Market

The Chinese solar equipment maker major, GCL-Poly Energy Holdings has shared plans to invest in India, attracted by the nation’s emerging green economy. As part of its India entry plan, GCL-Poly Energy Holdings Ltd is in talk with Subhash Chandra’s Essel Group to set up a solar module manufacturing facility. The Hong Kong-listed firm, which […]

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Solar Mounting Structures: Racking Matters

Globally, solar installations have been growing at an impressive pace. A large share of growth has been contributed from India, and with 100GW of target by 2022 in its hand, India is on the verge of becoming the world’s biggest solar nation. Continuous reduction in the solar system prices with respect to higher grid rates […]

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Solar Power Tariff Expected to Get Cheaper than Coal

The solar power tariff has seen a significant decline in tariffs from Rs. 10.95-12.76/kWh in 2010-11 to as low as Rs. 3.15 per kWh, which is expected to fall to Rs. 2.90 per unit. India’s solar power prices may be set to fall below those of thermal (coal) energy. This is based on an expected […]

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