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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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Infosys generates solar energy at 2.85/kWhr, plans expansion

The cost of solar power has dipped well below the 3-mark, if software major Infosys is any example. Infosys’ Executive Vice-President, U Ramadas Kamath said that the company has 6.6 MW of ground mounted solar capacity (and another 600 kW on the roofs) at its Hyderabad facility. The cost of generation of electricity, averaged over […]

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Russian Billionaire Businesswoman Expands Investment Into Renewable Energy

Australia based Inteco Beteiligungs GmbH, owned by Russian billionaire businesswoman and philanthropist Yelena Baturina, continues the expansion of a project to generate, use and market renewable energy in Europe. In October, Inteco completed the acquisition of a solar park near the city of Farsala in Greece. According to industry experts energy produced by the solar park in […]

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TSERC Approves Net Metering Policy for Solar Rooftop Systems

Telangana State Electricity Regulatory Commission has approved net metering policy for solar rooftop customers in the state. This regulation comes into force from the date of its notification in the Official Gazette and extends to the entire state of Telangana. It is applicable to distribution licensees (DISCOMs), eligible consumers and third-party owners of rooftop solar […]

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Photovoltaic (PV) Inverter Market Size Worth $19.8bn by 2024: Global Market Insights Inc.

Global Market Insights, Inc.Ltd. in its new report forecasts the Photovoltaic (PV) Inverter Market size to reach USD 19.87 billion by 2024. The report states that decreasing solar component cost associated with increasing adoption of clean fuel energy will drive the Photovoltaic (PV) inverter market size. Technology advancement and manufacturing improvement have positively impacted the […]

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The Clock is Ticking on Tax Credits for Renewable Energy

Tax credits for renewable technologies such as geothermal heat pumps, small wind projects and combined heat/power generation are scheduled to expire at the end of 2016 unless Congress acts this month. Doug Dougherty of GEO (Geothermal Heat Pumps), Lloyd Ritter of the Distributed Wind Energy Association and Combine Heat & Power Association head Dale Louda, […]

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