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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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Marathon Capital Announces FLS Energy to be Acquired by Cypress Creek Renewables

Marathon Capital is announced to FLS Energy (“FLS” or the “Company”) is to be acquired by Cypress Creek Renewables (“Cypress Creek”). FLS is a leading owner, operator and financier of distributed generation solar projects and has developed more than 300 MWs of projects across North Carolina and other Southeastern states. In addition to managing the […]

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Operations & Maintenance Best Practices

Electricity generated through coal plants is becoming expensive day by day. Power cuts are frequent, and increasing dependence on diesel generators is causing a lot of damage to the environment. The demand-supply gap for electricity is rising in the country which makes it imperative for people to start thinking of other ways of realizing their […]

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ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report

ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […]

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MNRE & MASDAR in UAE are jointly organizing a conference and exhibition in UAE on RE opportunities in India

Ministry of New and Renewable Energy (MNRE) & Abu Dhabi government agency MASDAR in the UAE are jointly organizing a conference and exhibition that focuses on renewable energy opportunities in India. MNRE India delegation will be led by Piyush Goyal, Hon’ble Minister of State for Coal, Power, New and Renewable Energy, Government of India. In […]

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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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