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Pfister Energy Picked For Lockheed Martin’s Largest Solar Field

The 8-acre, ground mount, photovoltaic solar field will reduce the facilities environmental impact through this upgrade by saving 5 percent of its annual electric usage. Pfister Energy, specialist in designing and building large-scale, complex solar projects, was chosen to design, build and construct a 2.5 MW (DC) solar field for Lockheed Martin’s Moorestown facility. Further, the […]

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India’s Renewable Energy Sec to Create 4.5 Mn Jobs: Study

The two green energy sectors have started to outpace fossil fuel energy in terms of returns. It provides 12 per cent higher annual returns, 20 per cent lower annual volatility and 61 per cent higher risk-adjusted returns than conventional source of energy sectors like coal and the natural gas, the study has found. The renewable […]

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Fraunhofer ISE Develops Printed In-Situ Perovskite Solar Cells to Save Resources

With a record efficiency of 12.6 percent, the researchers have now reached an important milestone in the field of printed photovoltaics. Besides silicon-based photovoltaics, which presently dominate the market, there are other materials, such as perovskite, that also show great potential. Scientists are testing the proof of concept of these new types of solar cells. […]

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Installation of Rooftop Solar Plant Should Not be Mandatory: Former MP

The entire process of switching to solar power should be done gradually so as to ensure that the process is hassle-free for the citizens, the statement reads. Rather than making it mandatory for the people to have rooftop solar installation on their homes the administration should encourage and subsidies the process, Former Union Minister Pawan […]

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Azure Power Wins 130 MW Solar Power Project in Maharashtra

At the tariff rate of Rs 2.27 per KW Azure Power will sign a Power Purchase Agreement (PPA) with MSEDCL for 25 years. The project is expected to be commissioned in 2019 and will be developed by Azure Power outside a solar park. In a recent auction by Maharashtra State Electricity Distribution Company Limited (MSEDCL), […]

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Sterlite Power Gets $47 Mn Conductor Order from GS S Korea

The ACCC will be used for a new 400 kv transmission line across a route length of 169-km on a Power Grid Company of Bangladesh project. One of the global developers of power transmission infrastructure, Sterlite Power has bagged an order worth USD 47 million from GS S Korea for supply of High-Performance Conductor (ACCC). […]

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Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study

“If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […]

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India May Not Achieve 100 GW Target by 2022: Report

The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […]

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Power Regulator CERC Boosts Merchant Renewable Energy Plants

The detailed procedure that commission has issued would grant long and medium-term transmission access to the renewable project that has achieved financial closure and has already acquired land for the project. While proposing stringent rules against line underutilization, Power regulator Central Electricity Regulatory Commission (CERC) has issued guidelines that would pave way for serious merchant renewable […]

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