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Saudi Arabia Indexes Bidders for First Solar Power Venture

Saudi Arabia, the world’s biggest oil exporter, has hoped to expand far from the asset and has focused on creating 3.45 gigawatts of the sustainable power source by 2020. Saudi Arabia has indexed bids by Acwa Power and a consortium drove by Marubeni to build up the kingdom’s first historically speaking solar power venture as […]

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India may Consider Duty of 7.5 per cent On Imported Solar Panels

The proposed alter could jeopardize Prime Minister Narendra Modi’s driven objective of introducing 100 gigawatts of sun oriented vitality by 2022. India, the biggest buyer of solar gear from neighboring China, is considering a 7.5 percent assessed on the imported solar panels, agreeing to government authorities with information of the situation. Such imports aren’t burdened presently, but might be renamed as engines, which are subject to the tax, the authorities said, inquiring not to […]

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Slight Rise in Solar Tariff during Rajasthan Auction

This time in the first part of the auction, Hero Future Energies quoted the lowest tariff of Rs 2.47 per unit and was awarded the 300 MW it had asked for. After a steep fall for over two years, solar duty rose marginally at the latest auction conducted by the Solar Energy Corporation of India […]

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Three Solar Projects to Be Launched By Vietnam Based TTC, In First Half of 2018

With a combined investment of about 3 trillion dong ($132 million), the three projects in central and southern provinces of Vietnam will have a total capacity of around 150 megawatts (MW). Vietnam based TTC Corp expects to start construction work for the country’s first three solar power projects in the first half of 2018, its chairman announced. […]

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Battery Costs in Stationary Energy Could Fall by up to 66%, Grow 17-Fold by 2030: IRENA

The cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the […]

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EDF Announces to Develop 30 GW of Solar Capacity in France by 2035

EDF will invest about 25 billion euros to develop 30 gigawatt of solar capacity in France between 2020 and 2035. French state-controlled utility EDF announced it plans for a big push into solar energy in France that will cost up to €25bn. Jean-Bernard Lévy, EDF chairman and chief executive said the utility will invest about […]

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Trina to Invest $500 Million in Indian Solar Industry

The company has purchased a land near Visakhapatnam to set up a manufacturing plant to produce solar cells and module of capacity of more than 1GW in 2015.   The world’s largest solar panel developer, Trina Solar is vying to pump in $500 million of investments in India if the profits are in favor. The […]

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Rooftop Solar Presents a $23 Billion Opportunity in India: Report

Rooftop solar in India will grow inevitably with or without the support of power distribution utilities According to a new report released by Bloomberg New Energy Finance (BNEF), India’s 40-GW target for rooftop solar PV by 2022 represents a $23 billion investment opportunity. The report titled, ‘Accelerating India’s Clean Energy Transition,’ which was released at […]

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