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solar business

Soon 20% of all C&I Solar Systems in India Will be Grid-Tied: Report

Increasing electricity demand and rising grid tariffs for commercial and industrial (C&I) customers are driving business users to rooftop solar, which is not only cleaner and cheaper but also gives them tariff certainty for 25 years. In ‘Powering up Sunshine – Untapped Opportunities in India’s Rooftop Solar Market’, a new report from JMK Research & Analytics […]

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LG Chem Unveils Full Home Backup Solution With SolarEdge

LG Chem has announced that it has joined forces with SolarEdge to bring compatibility with the LG RESU10H (400V, 9.8 kWh) home battery. LG Chem, a leading manufacturer of advanced lithium-ion batteries, has announced that it has once again joined forces with SolarEdge Technologies, a global leader in smart energy, to bring compatibility with the […]

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Brookfield Renewable Announces 1200 MW Solar Project in Brazil

Brookfield Renewable Partners has entered into a binding agreement to acquire a 1200 MW advanced solar development project in Brazil Brookfield Renewable Partners, alongside its institutional partners, has announced that it has entered into a binding agreement to acquire a 1200 MW advanced solar development project in Brazil, which will be targeted for completion in […]

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NHPC Signs MoU With GEDCOL to Develop Floating Solar Projects in Odisha

NHPC has inked an MoU with GEDCOL to form a JV for developing floating solar energy projects in the state of Odisha with an initial capacity of 500 MW. State-run hydropower giant NHPC has announced that it has inked a Memorandum of Understanding (MoU) with the Green Energy Development Corporation of Odisha Limited (GEDCOL) to […]

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CIT Leads Financing for 108 MW Solar Project in North Carolina

The CIT Group’s Power and Energy unit served as lead arranger on a USD 126 million financing for the 108 MW Trent River Solar project in North Carolina. The CIT Group has announced that its Power and Energy unit served as lead arranger on a USD 126 million financing for the 108 MWdc Trent River solar project […]

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IFC, EBRD, and EU to Support First Solar Project in Armenia

IFC, EBRD and the EU have signed on to support the development of the first utility-scale solar power plant in Armenia, the 55 MW Masrik Solar Project. The International Finance Corporation (IFC), a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) have signed on to […]

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Solar to Push Much of Remaining Coal Fleet in Texas Offline: IEEFA

New utility-scale solar will push much of remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by IEEFA New utility-scale solar is poised to push much of the remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by the […]

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NHPC Awards LoA for 400 MW ISTS-Connected Solar Projects

NHPC has issued a letter of award (LoA) to a Solar Power Developer (SPD) for ISTS-connected solar projects for balance 400 MW capacity in its 2 GW tender NHPC, India’s premier hydropower company which has diversified its portfolio to include solar power business has announced that it has issued a letter of award (LoA) to a […]

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EESL Tenders for 9.347 Mn Solar Home Lighting Systems for ISA Member Countries

EESL on behalf of ISA has invited bids for the supply of 9,347,000 Solar Home Lighting Systems for installation in the member countries of ISA. The Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, on behalf of International Solar Alliance (ISA) has invited bids from eligible bidders for […]

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