SUBSCRIBE NEWS LETTER

what is solar energy

Solar water pump market in India struggles to take off

In 2014, PM Narendra Modi set a target to install 1 million solar water pumps, equivalent to approximately 3000 MW, for irrigation and drinking water by 2021. But actual cumulative installed base stood at merely 25000 pumps as of April 2016. The bleak performance is despite the government offering massive subsidies of as much as […]

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SMA Solar receives order for 616MW of solar inverters from Greenko in India

SMA Solar Technology AG (SMA) and Greenko Energies Pvt Ltd, a market leader, owner and operator of clean energy projects in India, have signed contracts for the supply of 616 MW of Sunny Central 1000CP XT inverters from SMA. With the inverters, Greenko will realize PV power plants in the Indian states of Karnataka and […]

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Lightsource aims to setup 1GW of Solar PV Projects in India

UK-based Lightsource has come out with plans to set up large-scale solar power projects in the budding solar power market of India over the next few years. Lightsource Renewable Energy Ltd Managing Director and Head India Operations Rupesh Agarwal has stated that the company is looking to invest Rs 6500 crore (US$960 million) over the […]

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Canadian Solar Closes Financing For 55 Megawatt Yamaguchi Shin Mine Solar Power Project in Japan

Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it has closed JPY14.9 billion (US$141.5 million) senior and subordinate non-recourse term loan facilities to finance the construction and operation of a 55 MWp solar power plant in the Yamaguchi prefecture, Japan. The facilities […]

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Solar Accounts For 1% Of Total Power Generated In India In First Half Of FY 2016-17: Mercom Capital

Marcom Capital in its latest report has revealed that solar energy accounts for almost 1% of total power generated in the country. 5,791.54 million Units of electricity produced in the country during the six-month period from April to September, 2016, the research firm quotes Central Electricity Authority (CEA) stated. The firm note that in the […]

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Oxford PV Signs JDA With a Global Manufacturer Of Solar Cells And Modules

Oxford Photovoltaics has announced the signing of a Joint Development Agreement (JDA) with a global manufacturer of solar cells and modules. Under the agreement both the companies will work together to further develop Oxford PV’s perovskite-based solar technology – taking it from lab scale to manufacturing-ready status. Oxford PV touts that it holds the world’s […]

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Will surpass $10 billion investment commitment for India in solar and Internet-led businesses: Softbank

Positive on India’s prospects, Japan’s SoftBank today pledged that it will “surpass” the stated commitment of investing $ 10 billion in the country as it ramps up investments in solar power generation and Internet-led businesses. “We have already invested $ 2 billion in last few years, and we will surpass my commitment of investing $10 […]

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5791.54 MU electricity generated by cumulative solar installations from April to September 2016: Piyush Goyal

New and Renewable Energy Minister, Piyush Goyal in Lok Sabha on Thursday citing an information received from Central Electricity Authority (CEA) stated that 5791.54 MU electricity is produced by cumulative solar installations in the country from April 2016 to September 2016. Quantum of electricity produced by cumulative solar installations in the country:- Year Energy generation […]

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