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Nautilus Solar Closes $90 Mn Debt Financing Deal with Canadian Lenders

Nautilus Solar Energy, owner and operator of distributed and utility-scale solar energy projects, has sealed a USD 90 million debt financing deal with two Canadian lenders i.e. National Bank of Canada (NBC) and Royal Bank of Canada (RBC). As per the agreement signed, the financing will be in two parts i.e. a USD 75 million for […]

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Is Solar Market At Risk of Shutting Out Competition?

With the Coronavirus pandemic taking a heavy toll on renewable players also, it is interesting to see how the market is panning out in India. No one could have missed the frenetic efforts by the Ministry of new and Renewable Energy (MNRE), under whom the sector falls, to ensure obstacles are removed. And obstacles have […]

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100 MW Solar Plus Storage Project Approved by Arkansas Commission

The Arkansas Public Service Commission has approved a new 100 MW utility-scale solar project along with a 10 megawatts of battery storage system The Arkansas Public Service Commission has approved a new utility-scale solar project that will provide Entergy Arkansas customers with 100 megawatts (MW) of solar power and 10 megawatts of battery storage. The […]

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Heliogen Bags Award for its Concentrated Solar Technology

Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas Award, recognized for its concentrated solar technology Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas award. Winning the Energy category, Heliogen was recognized for its concentrated solar technology that – for […]

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Solis Launches new 110kW Inverter Solution for Rooftop Solar Systems

Ginlong Technologies (Solis) has released the latest addition to its 5 Generation (5G) portfolio, the new “Solis 110kW” inverter. Ginlong Technologies (Solis), a global leader in PV string inverter manufacturing, has released the latest addition to its 5 Generation (5G) portfolio, the new “Solis 110kW” inverter. The new inverter, as the firm claims, brings a more reliable, […]

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UPCL Floats Tender for Supply of 900 Solar Meters

Dehradun-based Discom, Uttarakhand Power Corporation Ltd (UPCL) has floated a tender for the supply of a total number of 900 single-phase (10-60A) whole current solar meters with box. The last date and time for submission of bid is May 27, 2020, at 5 p.m. Also, the estimated cost of tender is Rs 19.80 lakh, and […]

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ADPower Gets Record Low Solar PV Price for 2 GW Project in UAE

Abu Dhabi Power Corporation (ADPower), a water and electricity company, has received the world’s lowest solar photovoltaic (PV) price of 1.35 US cents/kWh for the United Arab Emirates’ (UAE’s) largest 2 GW of the solar project. This 2 GW solar plant in Al Dhafra is expected to be completed during the second quarter of 2022 […]

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China’s Solar Additions for 2020 Likely to Decline by 6.6 GW: Report

On the back of widespread coronavirus outbreak and its impact, China’s solar photovoltaic (PV) capacity additions for 2020 is expected to fall short by 6.6 GW against the earlier projections, said the data and analytics company. Earlier, Chinese solar PV capacity additions were projected at 40 GW for the current year, which is higher than […]

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No Spike in Power Demand With Partial Easing of Lockdown

The partial relaxation in lockdown from April 20 onwards could not perk up power demand, which remained almost static so far mainly due to cool weather. The partial relaxation in lockdown for certain economic activities from April 20 onwards could not perk up power demand, which remained almost static so far mainly due to cool weather. According […]

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