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Solar PV module market set to decline despite significant capacity addition by 2020 GlobalData Report

Emerging technologies, economies of scale and policies have triggered an increase in Solar PV module annual installed capacity to 69.86 GW by 2020 According to the report from research and consulting firm GlobalData, Solar PV module annual installed capacity was expected to increase gradually from 49.77 GW in 2015 to 69.86 GW by 2020, due […]

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ReNew Power Raises $475 Million at Cheaper Cost

The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […]

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GHMC Plans Solar Power Plants on Rooftops to Cut Power Bills

GHMC has identified 44 of 942 buildings for the installation of rooftop solar power plants to reduce power consumption charges paid to power utilities. To reduce power consumption charges to be paid to power utilities, the Greater Hyderabad Municipal Corporation (GHMC) has decided to install rooftop solar-powered plants to be connected to grids in a […]

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Sunverge Advanced AC-coupled Energy Storage System

Product Brief: Sunverge Energy, a leading provider of intelligent energy storage systems for residences and small businesses has announced the immediate availability of an AC-coupled model of its industry-leading energy storage product. Product Feature: Offered to renewable energy installers and electric utility partners, this alternative method for connecting to rooftop solar systems provides superior backup […]

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Solar Energy to Power Sambalpur University with 245kW Plant

Rural Electrification Corporation Limited will fund the solar energy project at Sambalpur University The Sambalpur University has planned to set up a 245 KW solar energy project on its premises in its bid to move towards harnessing eco-friendly sources of energy. M Muthukumar, the registrar of the university, said: “The Rural Electrification Corporation Limited (REC), […]

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sPower Supplies 68.8 Megawatts of Solar Energy to Southern California Public Power Authority

The sPower Antelope DSR 1 and 2 solar energy plants were constructed on roughly 440 acres in Lancaster, Calif. sPower has announced that its Antelope DSR 1 and 2 facilities are now providing 68.8MWdc (55MWac) solar energy to Southern California Public Power Authority (SCPPA).  Both the facilities achieved commercial operations before the end of 2016. […]

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Mitsubishi Corporation and AES to develop India’s First Grid-Scale Solar Energy Storage Array

AES and Mitsubishi Corporation to deliver India’s First Grid-scale Solar Energy Storage Array to Tata Power AES India, a subsidiary of The AES Corporation and Mitsubishi Corporation has announced a joint partnership agreement to deliver India’s first grid-scale energy storage array to the electric grid operated by Tata Power Delhi Distribution Limited (Tata Power-DDL). AES and Mitsubishi […]

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Duke Energy Florida to build solar power plant in Suwannee County

Duke Energy announced the location of its newest universal solar power plant, which will provide cleaner, smarter energy solutions for Florida customers. It will be built on 70 acres near Live Oak, Fla., just east of the existing Suwannee River Power Plant. The new Suwannee Solar Facility will produce 8.8 megawatts (MW) of carbon-free energy, […]

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Global Solar Tracker Market To Reach 26.77 GW Installed Capacity By 2025: Grand View Research

Rising demand for renewable energy in developing countries will drive demand for the solar tracker Grand View Research, Inc. in its latest reports forecasts the global solar tracker market to reach 26.77 GW installed capacity by 2025. According to the research firm rising demand for renewable energy in developing countries will drive demand for the […]

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