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Global Concentrated Photovoltaic (CPV) Market Analysis to 2025: Market is Expected to Reach USD 6.35 Billion

The global concentrated photovoltaic (CPV) market is expected to reach USD 6.35 billion by 2025 at a 10.1 percent. Demand for concentrated photovoltaic is anticipated to register rapid growth owing to its ability to harness solar energy in areas with no space constraints. CPV technology is yet to gain worldwide acceptance and manufacturers are constantly […]

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SunSource Energy Raises Fund from SBICAP Neev Fund via PE Investment

This investment would be used in developing solar project assets in states with low levels of capital investment, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Orissa, Jharkhand, West Bengal and Chhattisgarh. Solar energy products supplier, SunSource Energy Pvt Ltd has raised an undisclosed amount from the Neev Fund, which is a joint venture between SBI […]

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Viz-A-Viz with Neelesh Garg, Director | Saatvik Green Energy

SOLAR MARKET HAS A LOT OF SCOPE IN INDIA Saatvik Green Energy is on a mission to lead the global transition to renewable energy in India. Having established its manufacturing facility in the state of Haryana, Saatvik actively supports the initiatives to provide clean sources of energy, by manufacturing and distributing world class solar photovoltaic […]

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Sungrow Turnkey Station Powers 1.5MW Floating PV Plant in Japan

Sungrow is delighted to be chosen as the inverter supplier for the Mitakabe Pond floating PV project. Sungrow, inverter solution supplier for renewables, has successfully installed its 2MW SG2000MV turnkey station and waterproof combiner box for a floating PV plant on the Mitakabe Pond in Sanuki-shi Kagawa Prefecture, Japan. Japan, known for its scarcity of […]

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PSEG Acquires North Carolina PV Project from BayWa r.e.

PSEG Solar Source completed the acquisition of the project from BayWa r.e. on Dec. 13, 2017. PSEG Solar Source, a subsidiary of PSEG Power, has acquired a 7 MW-dc solar energy facility from BayWa r.e. for an investment of about $10 million. The PSEG Halifax Solar Energy Center which began operations Dec. 21, 2017, has […]

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Why a Performance Guarantee is Guaranteed Underperformance

Sorrebh Samdani, Applications Engineering Manager at infiswift Many in the solar industry view the performance guarantee as an assurance that PV projects will produce the maximum amount of energy. While the performance guarantee does ensure that a PV project will produce above a minimum threshold, it does not ensure that it will perform to its […]

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Budget 2018-19: Renewable Energy Industry Largely ‘Unhappy’

Overall, the Union Budget 2018 is average but still, the government can focus to solve problems faced by industry players in the current year so that India can fulfill its green energy ambitious goals on time. Finance Minister Arun Jaitley rolled out its much-anticipated Union Budget 2018-19 in parliament on 1 February 2018. With national polls […]

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$1 Million in Profit Made By Elon Musk’s Huge Battery

Tesla’s Australian battery system may have earned its proprietors, Neoen, around $1 million AUD ($800,000 USD) through the span of only a few days. Tesla’s 100MW battery system went online in South Australia subsequent to meeting organizer Elon Musk’s deliberate 100-day development due date. In the weeks since the enormous battery framework has apparently satisfied […]

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Suzlon Group Likely to Set up Power Plant in Telangana: Government

Suzlon Group in January 2016 announced its foray into the solar sector by winning 210 MW solar power projects in Telangana. In a significant development, renewable energy giant Suzlon Group has expressed interest in setting up a power plant, the Telangana government said in a release. K T Rama Rao who is State IT and […]

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