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solar market

Greenbacker buys majority of 12.1 MW rooftop solar portfolio from OneRoof Energy

On the heels of a recent $25 million wind power investment, Greenbacker Renewable Energy Company acquired a controlling interest in a 12.1 MW portfolio of 1611 solar systems from a subsidiary of OneRoof Energy Inc., approximately for $19.75 million. The 12.1 MW systems are located on residential rooftops across seven U.S. states, including New Jersey, […]

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SolarCity Will Sell “Solar roof” products: Tesla CEO, Elon Musk

Tesla CEO Elon Musk at the SolarCity’s conference call for its second quarter financial results announced that SolarCity will develop and sell a roof integrated with solar panels. Elon Musk’s presence was quite understandable considering the impending deal for Tesla to acquire the solar installer. Currently SolarCity installs solar panels on rooftop of buildings. Musk […]

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Option One Solar joins Sunpreme Channel network

California based solar installer, Option One has joined Sunpreme Channel network — a strategic partnership program designed to deliver solar expertise to residential and commercial rooftop clients through solar installers. Option One Solar provides the residential and commercial solar markets with best and reliable solar packages while delivering better installation quality and customer service. “We are […]

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New Solar Technology to use Desert Sand to Store Energy

Researchers in Abu Dhabi have tested a pilot device that can store solar energy in sand to improve the efficiency of power plants and provide energy during night. Developed at the Masdar Institute of Science and Technology, the device uses gravity to drain sand from a higher basin into a lower one, heating up the […]

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8minutenergy to build 20-MW solar project for PG&E

8minutenergy Renewables LLC, a US solar developer has announced that it will develop a fourth Redwood Solar Farm project in Kern County, California with a capacity of 20 MW, or 26 megawatts in direct current (DC). The 8minutenergy has been selected by Pacific Gas and Electric Co (PG&E) to commission the project, which is expected […]

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5200 Megawatts Solar Capacity to be added in 2016-17

India is set to add 5200 MW solar capacity this fiscal year with various states coming out with policies for the sector. The reports from a study conducted by the ratings agency, CARE, it is estimated that out of total installed renewable energy capacity of 42750 MW as on 31st March, the solar energy share […]

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Sungrow Raises US$ 400 Million to Strengthen Core Solar Business

Chinese PV inverter manufacturer Sungrow has announced that it issued 120 million additional shares—raising US$400 million of additional capital to strengthen it solar core business. With this new stock offering, the company is expected to reinforce its financial strength, reduce financial risk, and optimize its financial structure. The US$400 million raised in equity capital will […]

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RPO enforcement and REC markets need to be revived and net metering needs to be simplified: Kunal Chandra, head of PROINSO India

PROINSO has two divisions; Distribution & Integration and EPM (Engineering, Procurement and Management) for projects. The company offer supply and services to installers, construction companies and clients for utility, commercial and residential projects worldwide. With decade of solar experience, Proinso has 27 offices across 6 continents. Kunal Chandra, head of PROINSO India shares with us […]

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Industrial and Commercial roof top programs are very encouraging: Krishnan Rajagopalan Head Solar Business, Anchor by Panasonic

Government’s two most ambitious program are 60 GW Grid Connected Solar Power generation and 24 x7 power access to users. With the current state of Transmission and distribution (T&D)system (where state level balancing of power in Grid is a severe issue), are they complimenting each other or do you see an urgent need for a […]

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