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India Most ‘Cost-effective’ in Rooftop Solar Power; Beats China, UK & US

A global study has found that India is the most cost-effective country for generating rooftop solar energy at USD 66 per megawatt-hour, while the cost in China is marginally higher at USD 68 per megawatt-hour. Due to the lower cost, rooftop solar photovoltaics (RTSPV) technology, such as roof-mounted solar panels used in homes, and commercial […]

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US Residential Solar Financier GoodLeap Raises $800m

GoodLeap is set to expand beyond solar into the broader market for sustainable home improvement, options for carbon reduction and in the medium to long term, even EV’s and EV charging stations. The $800 m fund raise was led by MSD Partners, besides existing shareholders. With this fund raise, Goodleap’s valuation has risen to $12 […]

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Rooftop Solar to Supply 25-49% of Global Electricity Needs by 2050: Study

Owing to improved deployment capability and reduced costs, rooftop solar photovoltaics (PV) technology, such as roof mounted solar panels used in home, commercial and industrial buildings, is currently the fastest deployable electricity generation technology. According to a new report, it is projected to supply 25–49% of global electricity needs by 2050. Despite these predictions, a […]

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GoodWe Hits The Road In Europe With Solar Roadshow

With Covid unlock in progress in more and more regions, Solar firms have taken to innovative marketing programs to get back in touch physically with their customers and key stakeholders like installers. The GOODWE SOLAR ROADSHOW 2021, organized by GoodWe and its partners in Poland, was aimed at giving new and existing GoodWe installers the […]

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S&W Solar Wins its 1st Waste-to-energy Project Worth ~₹1,500 cr

Sterling and Wilson Solar Limited (S&W), which provides solar EPC and O&M solutions, has stated that it has received its first order, worth around Rs 1,500 crore, for its waste-to-energy business from a leading developer of energy assets in the UK and Europe. Last month, the company had announced expansion of its renewable energy offerings […]

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10.5 GW Solar, Wind and Storage Project in Morocco

British company Xlinks is developing a 10.5 GW solar-plus-wind project, combined with a battery storage facility, in Morocco, which will supply 3.6 GW renewable energy to the UK via the world’s longest subsea cables. Located in Morocco’s renewable energy rich region of Guelmim Oued Noun, it will cover an approximate area of 1,500km2 and will be […]

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RES Sells Large 245MWdc Australian Solar Farm to Iberdrola

UK renewable company RES has sold its Avonlie solar development project to Spanish electric utility Iberdrola. The project is located in New South Wales, Australia, and is RES’ largest ever solar development with generating capacity standing at 245 MW dc / 190 MW ac. When operational, 450,000 solar panels, mounted on single axis tracking system, are expected […]

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Omnidian Secures $33 M to Help Firms Manage Solar Assets

Seattle-based Omnidian, which provides solar system performance plans, has secured a $33 million Series B capital raise in a round that Activate Capital led. Additional round participants included Liberty Mutual Insurance and WIND Ventures, the strategic venture capital arm of Chilean multinational energy firm Copec, as well as existing investors City Light Capital, IA Capital, […]

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