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solar business

Alterra Power’s Spartan Solar Project Begins Commercial Operations

Alterra will manage the project, which sells 100 percent of its power under a 25-year agreement with the Board of Trustees of Michigan State University. Alterra Power Corp. and Inovateus Solar LLC are pleased to announce the 11 MW Spartan solar project commenced full commercial operations. The Spartan project is located at the Michigan State […]

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Concentrating Solar Power Market Expected to Reach 8.9 Billion Dollars by 2025

Growing electricity demand along with rising investments to augment the efficiency index will provide an impetus to the concentrated solar power market growth. The global concentrated solar power market is predicted to reach USD 8.92 billion by 2025. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling […]

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Turkish Glass Producer Şişecam Founds Europe’s Second Largest Rooftop Solar Power Plant

Şişecam aims to increase solar energy glass production and exports, reaching 2.5 million square meters per year, according to reports. With its installed capacity, Şişecam has created the second largest solar power plant in both Europe and Turkey on the roof of the Mersin Flat Glass Factory. Şişecam aims to increase solar energy glass production […]

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Solar Power Generating Capacity in South Korea to Increase by Five Times by 2030

South Korea plans to add 30.8 gigawatts of solar power generating capacity and 16.5 gigawatts of wind power capacity by 2030. South Korea plans to increase its solar power capacity by five times current amounts by 2030 to boost use of renewable sources in the nation’s energy mix, reuters news agency reported. Since President Moon […]

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Sacramento Airport Opens New Solar Energy Facility in California

The solar project utilises more than 23,000 LG solar panels mounted on NEXTracker racking that tracks the sun from east to west over the course of the day, thereby maximising efficiency and energy generation Sacramento International Airport has formally opened a new solar energy facility which is likely to generate more than 30 percent of […]

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India Plans Rs 11,000 Crore Aid To Support Domestic Solar Cell Manufacturing

The Ministry of New and Renewable Energy (MNRE) has released a concept note of a proposal that aims to provide a 30 percent subsidy for setting up new solar plants and expanding the existing ones. India plans to boost solar module manufacturing by providing Rs 11,000 crore direct support along with concessions to cut reliance […]

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Lightsource and BP Join Forces to Drive Growth in Solar Power Development Worldwide

Lightsource sees opportunities to create additional value through integrating solar power with British Petroleum’s other businesses and trading capabilities as well as through BP’s international scale and relationships. Lightsource and British Petroleum have agreed to form a strategic partnership, bringing Lightsource’s solar power development and management expertise together with BP’s global scale, relationships and trading […]

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