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Oxford PV secures £8.1m funding and three key strategic investors

Oxford Photovoltaics has announced a further equity investment of £8.1million, which adds to the company’s £8.7m first close investment announced on 18 th October 2016. The bulk of this investment comes from three new strategic investors Statoil ASA, Legal & General Capital and a technology-focused, innovative family fund investor who sees the potential of the […]

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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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The Clock is Ticking on Tax Credits for Renewable Energy

Tax credits for renewable technologies such as geothermal heat pumps, small wind projects and combined heat/power generation are scheduled to expire at the end of 2016 unless Congress acts this month. Doug Dougherty of GEO (Geothermal Heat Pumps), Lloyd Ritter of the Distributed Wind Energy Association and Combine Heat & Power Association head Dale Louda, […]

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Power generation from renewable energy sources increased to 7.54%: Piyush Goyal

Clean energy share has increased to 7.54% of the India’s total power generation during April-September this fiscal. During this time frame the total power generation of 47.62 billion units out of 631.84 billion units was from renewable energy sources said  New & Renewable Energy Minister Piyush Goyal in Rajya Sabha. Goyal in a statement said […]

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Accenture and SAP aims to accelerate customer engagement platform for utilities

Accenture has announced plans with SAP to accelerate the development of solutions, based on a digital customer engagement platform, for utility companies to engage with customers through virtually any channel, improving customer operations efficiency. Alongside simplified customer service and operations, the customer engagement platform will help enable utilities to offer customers non-commodity products and services, […]

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Global power and utilities deal value falls for fourth consecutive quarter in Q3 2016

Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report. Regulated network assets remained the investment of choice for buyers across regional markets seeking stable long-term returns. Transmission and […]

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Sunworks Announces Strategic Teaming Agreement with Keystone Aerial Surveys, Inc.

Sunworks, Inc., a leading provider of solar power solutions for commercial and residential markets, today announced its strategic teaming arrangement with Keystone Aerial Surveys, Inc., a Philadelphia, Pennsylvania-based company at the forefront of airborne imagery services and products. “We are excited to welcome Keystone Aerial Surveys, Inc. to the Sunworks team in a strategic arrangement that […]

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Viking Cold Solutions’ Thermal Energy Storage system demonstrates over 30% energy savings in a 3rd party study and is recommended for adoption by utilities in California

Viking Cold Solutions, announced that a Southern California Utility, along with an independent 3rd party energy management firm, ASWB Engineering, completed a Field Demonstration Study of the Viking Cold Thermal Energy Storage (TES) system. The study verified a reduction in electricity consumption of 30% and 39% in two separate low temperature cold storage facilities in the San […]

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Totem to Launch Energy and Communication Platform for Smart Cities soon

Totem has announced an innovative platform for modern companies and communities. The platform includes solar energy and energy storage, WiFi and 4G communications, electric vehicle charging, and smart lighting into a single, powerful product that weaves these capabilities directly into the built environment. Totem is expected to launch the product in summer 2017. “Totem believes […]

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