Tag: solar power

Major Changes Recommended In India’s 100 Gigawatt Solar Power Plan

An Indian Parliament committee has given recommendations for making major changes in the National Solar Mission which, it believes, are essential to achieve the 100 gigawatts of operational capacity target by March...

India’s Renewable Energy Capacity Addition In Q2 2017 Lowest In 6 Quarters

India added the least renewable energy capacity it has added in six quarters during Q2 2017, which is also 25% less than what was added during the same period last year. According to...

Solar Plants Are Cropping Up On Farms

If the United States wants to kick its coal habit, it will need to install a lot more solar power. That raises an important question: Where should all those panels reside? They could...

Canadian Solar Posts Strong Second Quarter With Increased Shipments & Revenue

Canadian Solar, one of the world’s largest solar power companies, this week posted strong second quarter results with increased revenue and shipments, but traders were immediately, if temporarily, concerned by Q3 revenue...

Ratings Agency Says India Needs To Do More To Achieve 175 Gigawatts Renewables Target

Delay in payments from utilities, non-compliance with renewable energy procurement targets, and non-availability of transmission infrastructure for power injection are some of the major issues Indian renewable energy developers are facing. These...

Increased Hydro & Solar Generation Brings Down Electric Prices In El Salvador

Increased hydro power generation and a newly commissioned solar power project have reduced the overall cost of electricity in El Salvador, the power regulator of the country, Siget, recently stated. Siget recently announced...

191.5 Megawatt Pirapora Solar Project Receives First Ever Solar Financing From Brazilian Development Bank

The 191.5 MW Pirapora I solar project being developed by Canadian Solar and EDF Energies Nouvelles has received $163 million in financing from the Brazilian Development Bank, the first time ever that...

The Use of Renewable Energy in Bulgaria Grew by Almost 10%

The consumption of energy from renewable sources has increased by nearly ten percent in Bulgaria during the first seven months of 2017, according to data from the Electricity System Operator, announced on...

French Utility Engie May Buy Out Equis Energy India Assets

Indian media outlets have reported a new development on the market buzz that Equis Energy, a renewable energy IPP in India, is looking to sell its assets. Business daily Mint has reported that...

Indian Rooftop Solar Developer CleanMax Will Receive $100 Million Investment From Warburg Pincus

In a major, and much-needed, boost for the Indian rooftop solar power market, a US-based private equity firm will invest $100 million in one of the leading rooftop solar developers in India. CleanMax...

The Rising Price Of Chinese Modules Could Jeopardize New Indian Solar Plants

As top executives of some of the leading Indian and international project developers slugged it out for more than 24 hours at a stretch in May of this year to outbid one...

Libraries Using Solar Panels to Reduce their Carbon Footprints

The McMillan Memorial Library has a 20,000-square-foot roof. In coming weeks, that space will be filled with 480 solar panels. Library director Andy Barnett said workers from Spring Grove, Minnesota-based Viking Electric...

Major solar power project to provide electricity at night

A major solar power project in the Middle East will provide electricity during the night, the developers have said. The $1bn (£770m) scheme will provide up to 200 megawatts to the grid in...

Saudi Arabia Looks Past Oil and Pushes Ahead with Wind Energy Ambitions

Saudi Arabia has resumed its efforts to launch the kingdom’s first large-scale wind farm, totalling 400 megawatts (MW), according to the country’s energy minister Khalid Al Falih. And there are plans for...

India’s Tamil Nadu Allocates 1.5 Gigawatts Of Solar In Latest Tender

The south Indian state of Tamil Nadu has completed one of the largest solar power capacity allocations in the country. The state government recently confirmed that project developers have agreed to develop...

GE Energy Financial Services Will Invest $90 Million Into RattanIndia Solar

GE Energy Financial Services will make a new investment in India’s renewable energy sector. RattanIndia Solar will receive a $90 million investment from GE Energy Financial Services to develop 500 megawatts of solar...

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