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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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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Perovskite photovoltaic cells hit new world efficiency record

Engineers at the University of New South Wales (UNSW) in Sydney, Australia, have smashed the world efficiency record for perovskite photovoltaic (PV) cells. The 12.1% efficiency rating was for a 16 cm2 perovskite solar cell, the largest single perovskite photovoltaic cell certified with the highest energy conversion efficiency, and was independently confirmed by the international […]

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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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NISE organizing one day workshop on prospects for start –ups in Solar Energy Technologies

National Institute of Solar Energy (NISE) is organizing 5th one day workshop on prospects for start –ups in Solar Energy Technologies at its campus on 21st December 2016. NISE says the workshop is in line with the Startup India Initiative by the Govt of India. Existing and prospective Solar Entrepreneurs, EPC contractors, Graduate Engineers, MNRE […]

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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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