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Solar Energy Market to Reach $422 Billion, Globally, by 2022 – Allied Market Research

Geographical footprint has affected the growth of solar energy market, owing to decrease in conversion efficiency of solar panels said Allied Market in its report Allied Market Research in its new report “Solar Energy Market – Global Opportunity Analysis and Industry Forecast, 2014 – 2022”, forecasts the solar energy market to reach $422 billion by […]

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NEC Energy Solutions To Build And Operate 50 MW Of Grid Energy Storage Facilities For VLC Energy in UK

NEC Energy Solutions will provide turnkey EPC and O&M services which includes its GSS grid storage solution, installation and commissioning, and ten years of operations and maintenance services for each project. NEC Energy Solutions, Inc. has announced that it has signed a contract to build and operate a total of 50 MW of energy storage […]

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Centre Approves MoU on Renewable Energy Signed with Portugal, Working Group to Discuss Cooperation

Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity. The Centre today approved a memorandum of understanding (MoU) on renewable energy signed with Portugal. “The Union Cabinet chaired by Prime […]

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Amazon Launches Solar Energy Initiative on Fulfillment Center Rooftops

Amazon planning to deploy large-scale solar energy systems on rooftops of more than 15 fulfillment and sortation centers in the U.S. this year and is planning to deploy solar systems on 50 fulfillment and sortation centers globally by 2020. Amazon has announced a new initiative to generate clean energy by installing solar panels on its […]

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SDG&E Unveils Largest Lithium-Ion Battery Energy Storage Facility in Partnership with AES Energy

SDG&E’s lithium-ion battery energy storage facility will enhance regional energy reliability while maximizing renewable energy use.  The 30MW storage facility is capable of storing up to 120MW hours of energy, the energy equivalent of serving 20,000 customers for four hours. SDG&E has unveiled the largest lithium-ion battery energy storage facility in partnership with AES Energy Storage.  […]

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VELCO, IBM Announce the Creation of Utopus Insights for next generation of intelligent energy solutions

Under an agreement between VELCO and IBM Research, IBM Research’s Smarter Energy team, as well as related intellectual property and technology, will become part of Utopus Insights Vermont Electric Power Company (VELCO) and IBM have announced the creation of Utopus Insights, Inc. Utopus Insights, based in Valhalla, NY is a new company that will strive […]

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Zambia Signs Second Scaling Solar Mandate to Develop another 500 MW of Renewable Energy

The Government of Zambia has signed an agreement with Scaling Solar for a second mandate to Develop another 500 MW of Renewable Energy The Government of Zambia has signed agreements for a second mandate with Scaling Solar, the World Bank Group program that is helping developing countries procure low cost, privately financed, solar power. This […]

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Sales of Renewable Energy Certificates (RECs) Dropped To 30 Per Cent in February

Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under renewable purchase obligations (RPOs) as mandated by central and state regulatory commissions. Sales of renewable energy certificates (RECs) dropped 30 per cent to 10.93 lakh this month against 15.68 lakh in January this […]

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Stronger Solar Energy Network for Mumbai’s Don Bosco Schools

Moving towards a renewable energy to reduce dependence on coal for electricity, Mumbai’s Don Bosco Schools to get solar energy system. Don Bosco Organization, which runs five schools and one college in Mumbai, plans to move towards a zero energy setup- reducing the use of coal for electricity and increasing the consumption of solar energy […]

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