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Average costs for electricity generated by solar and wind could decrease by 59% by 2025: IRENA

International Renewable Energy Agency (IRENA) in its latest report revealed that average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025. The report, The Power to Change: Solar and Wind Cost Reduction Potential to 2025, finds that with the right regulatory and policy frameworks in […]

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ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report

IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […]

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Con Edison, SunPower partners on 4MWh solar + battery storage project in New York

Con Edison and SunPower has partnered on a pilot project to offer solar power systems with battery storage to more than 300 New York homeowners. Hundreds of homes with solar power and battery storage will provide the utility with a cost-effective and innovative “virtual power plant,” and homeowners with a backup system in case of […]

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SunPower to construct a 7.75-megawatt solar power system at Toyota headquarters

Toyota has announced that SunPower is designing and plans to construct a 7.75-megawatt solar power system at its North American headquarters in Plano, Texas The 7.75-megawatt solar power system is expected to generate 25 percent of the headquarters’ total electricity deman. The project will be comprised of three solar carport structures using high efficiency SunPower […]

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Varanasi Municipal Corporation to install solar panel in its offices

The Varanasi Municipal Corporation has signed a Memorandum of Understanding (MoU) with Renewable Energy Corporation of India (RECI) to install solar panels in its offices across the five zones and 14 sub-zones. Varanasi Municipal Corporation is the first municipal corporation in the state that has entered into a bilateral agreement with RECI on solar energy. […]

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8minutenergy to build 4GW solar photovoltaic project in India

Independent solar developer in the U.S., 8minutenergy Renewables will setup 4GW solar photovoltaic project in India to help the country meet its aggressive renewable energy goals. A statement from White House said “8minutenergy Renewables will pursue a 4 GW solar photovoltaic project pipeline in India”. 8minutenergy’s commitment was made in tandem with Prime Minister Modi […]

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Apple reportedly planning to sell solar power generated by its spaceship campus

Cupertino giant Apple last year invested $850 million to build a brand new 1,300-acre solar farm in Monterey, California to power the company’s new office campus, retail stores and its other California operations. According to 9to5mac.com and Bloomberg the tech giant is now planning to sell excess solar power from the panels installed on its Apple Campus2. […]

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