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what is solar power

Ranking Top 10 Solar Tracker Firms Worldwide

A solar tracker is a device deployed along with solar panels, directing the latter towards the sun. Trackers not only maximise the energy capture but also further boost the efficiency of the overall power generation process through minimising the angle of incidence – or the angle that a ray of light makes with a line […]

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BP Acquires 9 GW Solar Portfolio in the U.S.

British oil and gas giant BP plc announced yesterday that it is purchasing 9 GW of solar development projects in the US from independent US solar developer 7X Energy, pouring $220 million and 1 GW of “safe harbour” equipment into the deal. The projects are expected to meet bp’s laid down low carbon investment criteria, […]

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LONGi Breaks Three More World Records for Solar Cell Efficiency

Xi’an-headquartered major solar PV manufacturer LONGi has consolidated its leading role in R&D innovation in the global PV industry by setting new cell efficiency records for N- and P-type TOPcon and HJT. The company announced in April its record of 25.09% for N-Type TOPCon solar cell efficiency and, one month later, testing at the Institute […]

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India’s May Power Consumption Grows, Despite Setbacks

Power consumption in India grew by over 8.2 per over in May 2021 over the same period in 2020. At 110.47 billion units (BU), the numbers indicate a poor recovery over the figure of 120.02 BU recorded in May 2019, the pre-covid impact year, which really should be the reference for this year. May 2020 […]

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Indian Railways Inviting Bids For 15MW Solar Project Coupled with BESS

The joint venture of Indian Railways and Rail India Technical and Economic Service Lmt. (RITES), Railway Energy Management Company Limited (REMCL) has invited bids to select developers for setting up a 15MW solar PV power plant with 7MW/14MWh battery energy storage systems (BESS). Indian Railways is planning to set up its first pilot solar PV […]

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Auctioned Wind Power Saw 160% YoY Rise in Q1 2021: GWEC

According to the latest GWEC Market Intelligence, nearly 7 GW of wind power capacity was auctioned globally in Q1 2021 – a 160% year-on-year increase compared to Q1 2020, which saw only 2.7 GW auctioned due to a slowdown caused by the first wave of the COVID-19 pandemic. Offshore wind accounted for the majority of […]

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Chile EDPR Acquires 628 MW Wind and Solar Portfolio in Chilean Market

Spain-headquartered renewable energy company EDP Renewables (EDP Renováveis) recently announced that it has signed agreements to acquire a 628 MW wind and solar portfolio in Chile, with commercial operations expected to commence between 2023 and 2025. The transaction has been reached through two separate agreements with Atacama Energy and Lader Energy for a total consideration […]

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Lightsource BP to Invest €900 mn in Portugal to Build 1.3 GW Solar Plants

London-based solar power developer Lightsource bp, a 50:50 joint venture with oil and gas company bp, recently announced that it has partnered with Portuguese local company INSUN to build five large-scale solar plants in Portugal, which are expected to add over 1.35 GW of low-carbon, renewable power to Portugal’s energy mix. The company plans to […]

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PGVCL Issues Tender for Bidirectional Meters for Rooftop Solar

Paschim Gujrat Vij Company Limited (PGVCL) has issued an e-tender for the purchase of single-phased, 5-30 ampere, solar bidirectional static meters having LED display and facility for data downloading from the rooftop solar. The tender has been issued only for the GST-registered manufacturers who work in India for the purchase of a total of 68245 […]

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