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ReneSola Sells 15 MW Solar Portfolio in Hungary to Obton

New York-listed global solar project developer ReneSola Power has entered into a sale agreement with Denmark headquartered Obton for its cumulative 15 MW of solar energy portfolio in Hungary. Obton is an investment and management company specialized in renewable energy projects. This is the second time that Obton has acquired solar assets from ReneSola. The […]

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Will China’s Massive 500 GW Solar Manufacturing Expansion Happen?

One of the toughest tasks for any journalist covering the solar manufacturing sector is sorting reality from mere announcements in the hub of the industry, China. From being an outlier till early 2000’s, China has emerged as the engine of growth for the sector, in more ways than one. For unlike some other sectors, in […]

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At Rs 5.38 per unit, Vietnam’s FIT Rates Keep Developers Interested

Vietnam, a late entrant to the solar race, but catching up fast with close to 5.69 GW of installed capacity by end 2019, has just announced its FIT (Feed-in-Tariff) rates for projects that are completed by December, 2020. The prices, according to developers involved with projects in the country, as well as some corporate rooftop […]

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Scatec Solar Announces Completion of 258 MW Solar Project in South Africa

Scatec Solar has started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW solar power complex. Scatec Solar has announced that it has, along with its partners, grid-connected and started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW […]

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Solar Energy and EV Charging Infrastructure

With the push to move to electric mobility at a national scale, and with the government being very enthusiastic about deployment of electric vehicles, the electronic industry can expect to see a lot of activity around indigenous development and manufacturing. While electric vehicles are being worked upon by major OEMs, an ecosystem for development of […]

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MERC’s Take On Solar Rooftop Sets The Benchmark

In a critical decision for solar rooftop sector in Maharashtra, the state regulator, Maharashtra Electricity Regulatory Commission (MERC) has settled the Grid Support Charge (GSC) issue for good, it seems. With this, state consumers and installers can hope for a much better time for solar rooftops, hopefully. The announcement, hidden deep in the detailed tariff […]

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Storage Stays In Focus With New 1200 MW tender Plan from SECI

After the success of its previous 1200 MW tender for renewable generation plus guaranteed peak supply, the Solar Energy Corporation of India (SECI) has issued a notice inviting tender (NIT) for a repeat of its previous tender. That was oversubscribed by 420 MW. SECI informs us that details will be uploaded soon on the website […]

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For GCL, Normal Is Back, with 60 GW Plan

China-based GCL System Integration Technology Co. (GCL SI) which claims to supply 29.1% of total worldwide wafer capacity yield, represents 22.2% silicon market shares has announced  plans to build a new factory in China with an annual solar panel production capacity of 60 GW. The new fab in Hefei province was said to cost an […]

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Lockdown to Impact Power Demand, Cash Flows for Discoms: ICRA

The COVID-19 lockdown will adversely impact power demand, cash flows for Discoms leading to payment delays for Gencos and transmission firms, as per ICRA The lockdown announced by the government to control the spread of the Novel Coronavirus (COVID-19) pandemic will adversely impact electricity power demand, and cash flows for distribution companies (Discoms) – leading to payment delays for power generation and […]

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