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OCI to develop 1 GW photovoltaic power plants in China and India by 2018: Report

OCI Global Ltd. is reportedly planning to develop about 1 gigawatt of photovoltaic power plants in China and India by 2018. The company will be investing USD 400 million for the projects, while rest of the investment will come from elsewhere said Pranab Kumar Sarmah, unit’s chief investment officer in an interview to Bloomberg in […]

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Canadian Solar closes a USD 52 million project financing facility with BayernLB

Canadian Solar announces that it has closed a £36.4 million (US$52 million) project financing facility with BayernLB to refinance a portfolio of four solar power plants, totaling 40.2 megawatts in the UK. This financing facility with BayernLB is non-recourse project finance, with a term of 17 years. “We are delighted to complete this project financing […]

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Smart Modules to reign the Solar Dynasty – Is India on the Edge?

Solar Energy is no more a technology of words-selling, in recent times it has driven the power and related technology market delivering power access to millions of alternative exigency. Though, hinder of shaded areas and slender rooftop spaces have back-footed many potential buyers to turn into the solar evolution. To answer all the glitches, smart […]

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Delhi Solar Policy

Delhi Solar Policy Updates 2017 Delhi Solar Policy 2016 released by the Delhi state government applicable for the period, 2016-2020. Promotion for investment climate enabling multiple financial models is the primary focus of the policy. With the major focus on self-owned Capital Expenditure (CAPEX) to third-party owned Renewable Energy Service Company (RESCO) models applied to […]

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UNSW engineers set a new world record in solar cell efficiency

Engineers at the University of New South Wales have developed a new solar cell configuration that is 34.5 percent efficient at converting unfocused sunlight into electricity. The new solar cell is 44 percent better than the previous record – made by Alta Devices of the USA, which reached 24% efficiency with a larger solar array. […]

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Airbus Defence and Space enters solar cell production contract with MicroLink Devices for next Gen Zephyr HAPS

Airbus Defence and Space has issued a production contract for MicroLink’s epitaxial liftoff (ELO)-based multijunction solar sheets for use on the new Zephyr S platform. The Zephyr platform is a new class of unmanned air vehicle that operates as a high altitude pseudo-satellite (HAPS) enabling affordable, persistent, local satellite-like services.  The aircraft runs exclusively on […]

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Azure Power appoints Arno Harris as an independent director

Azure Power has announced appointment of CEO and Chairman of Recurrent Energy, Arno Harris as an independent director. Arno Harris comes on board with over 15 years of experience in the solar sector and has helped the industry make the transition to mainstream energy markets. This includes his term as the Founder, CEO and Chairman of Recurrent […]

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GE Energy Financial Services connects 32 MW PV mega-solar project in Okayama Prefecture, Japan

GE Energy Financial Services and Virginia Solar Group have started commercial operations on its jointly owned 32-megawatt Pacifico Energy Kumenan Mega Solar Project in Okayama prefecture, Japan. As one of largest solar power plants in the prefecture, Kumenan Solar Project has been operating with enough power to meet the demands of 11,000 Japanese households since […]

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