Solar News

Vestas Still the World’s Leading Turbine Maker, Despite Losing Market Share

Developers commissioned almost 61 GW of wind turbines globally in 2019, and the latest data shows that Vestas kept its crown as the leading turbine maker Developers commissioned almost 61 GW of wind turbines globally in 2019, compared with 50 GW in the previous year. And just four manufacturers accounted for more than half, or […]

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Coronavirus Halts Progress for Aurangabad Firms’ Dependent on Chinese Imports

The coronavirus outbreak has hit Aurangabad, a prominent manufacturing hub, with companies finding difficult to procure substitutes for Chinese parts The coronavirus outbreak has hit industries in Maharashtra’s Aurangabad district, a prominent manufacturing hub, with companies finding it difficult to procure substitutes for Chinese parts. Companies have started sourcing products from other countries to continue their manufacturing without […]

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Geronimo Energy and Basin Electric Announce PPA for 128 MW Solar Project

Geronimo Energy and Basin Electric Power Cooperative have announced the execution of a PPA for the Wild Springs Solar Project. Geronimo Energy, a National Grid company, and Basin Electric Power Cooperative have announced the execution of a Power Purchase Agreement (PPA) for the Wild Springs Solar Project. Wild Springs is a 128 megawatt (MW) solar […]

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Sungrow- Breaking Stereotypes

Sungrow Power Supply Co., Ltd., or ‘Sungrow’ is a familiar name in the Indian solar sector today. Some would argue that Sungrow has as much at stake in the growth of solar in India as anyone else. Sungrow is one of the few firms, especially from China, that have set up a manufacturing plant in […]

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Standard Chartered Commits $35 Bn Towards Renewable Projects

Standard Chartered has committed to providing USD 35 billion of project financing, M&A advisory and debt structuring services for renewable projects by 2024 Standard Chartered Bank has announced its business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, […]

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Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18

India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […]

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Nearly 27 GW of new Solar Capacity Added in India in Last Three Years

A total of approximately 27 GW (26967.75 MW) of new solar capacity has been installed in India over the last three years in India. A total of approximately 27 GW (26967.75 MW) of new solar capacity has been installed in India over the last three years i.e. from 2016-17 to 2018-19 and the current year […]

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Canadian Solar Sells 56.3 MW Solar Plant in Japan for JPY 22.3 Bn

Canadian Solar has completed the sale of the Yamaguchi Shin Mine, a 56.3 MW operational solar power plant in the Yamaguchi Prefecture in Japan. Canadian Solar, one of the world’s largest solar power companies, has announced that it has completed the sale of the Yamaguchi Shin Mine, a 56.3 MW operational solar power plant in the Yamaguchi Prefecture […]

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India’s Reservoirs Can Generate 280 GW Power via Floating Solar: TERI

India’s reservoirs have 18,000 sq. km of area with the potential to generate 280 GW of solar power through floating solar photovoltaics (FSPVs) plants, according to a new study by The Energy and Resources Institute (TERI), an energy and environment think tank. TERI’s new report titled ‘Floating Solar Photovoltaic (FSPV): A Third Pillar to Solar […]

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