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Ingka Group (IKEA) Acquires 9 Solar Power Projects in Europe for €340 Million

Sweden-based Ingka Group, which owns the majority of IKEA stores globally, has announced that it has acquired nine solar power park projects in Germany and Spain for €340 million. The combined capacity of the solar projects comes to 440 MW. The Ingka Group solar has acquired the portfolio from solar power developer ENERPARC. Four solar power projects […]

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Portugal’s floating solar energy auction sets world record negative price

Portugal’s first auction of rights to build and operate floating solar plants on the surfaces of its reservoirs set a world record low price of minus 4.13 euros per megawatt hour for future output, the environment ministry said on Tuesday. The government assigned rights to install floating panels with capacity to convert sunlight into 183 […]

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Surat’s First Textile Market Solar Powered Now, By Goldi Solar

Surat-based Goldi Solar, a key solar panel manufacturer and EPC services provider has solarized Surat’s First Textile Market for Avadh Group. Avadh is a real estate company focused on residential as well as commercial development. The market is located in the heart of Umarwada, Surat district. The project will be completed in three phases, of […]

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‘Now or never’ to avoid climate catastrophe, warns UN Panel

UN climate experts said Monday that humanity has less than three years to halt the rise of planet-warming carbon emissions and less than a decade to slash them by nearly half. They warned that the world faced a last-gasp race to ensure a “liveable future”. That daunting task is still — only just — possible, […]

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Himachal Government Hikes State Subsidy to Rs 6,000/kW for Rooftop Solar

The state government of Himachal Pradesh has proposed to increase the subsidy for grid connected rooftop solar power installations in the state. The move is aimed to encourage the domestic players and households to adopt and install solar power systems. HIMURJA said that the subsidy will be increased from Rs 4,000 for every kilowatt to […]

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Low demand for grid-connected rooftop solar systems in Kerala

Kerala, the most literate state in the country with a high proportion of urban, independent housing, is failing the rooftop solar test. Grid-connected rooftop solar power systems, one of the key projects identified to meet the state’s solar target, is failing to  attract many users. This, even as the state discovered fairly competitive prices for […]

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Jinko Solar Lays Claim As First To Deliver 100GW Solar Panels

One of the world’s leading solar module manufacturers, Jinko Solar has announced that it has delivered 100GW of solar modules globally thereby becoming the first company in history to achieve this milestone. It claims that one out of every ten solar modules installed in the world is  produced by Jinko Solar. The official statement reads […]

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Altus Power Signs $600 M Deal with Trammell Crow for Rooftop Solar

Solar power developer Altus Power has signed a deal with commercial real-estate player Trammell Crow Co., under which Altus will install solar panels on 35 million square feet of industrial property in the United States. This is the biggest partnership forged by Altus since its inception in 2009, says the company. Lars Norell, Co-Chief Executive […]

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CSIR-CMERI and their record-breaking solar trees need a pause

Earlier this month on March 14th, the Council of Scientific and Industrial Research’s Central Mechanical Engineering Research Institute (CSIR-CMERI) unveiled the world’s largest solar tree, officially certified by the Guinness World Records (GWR), which has been installed at its Centre of Excellence for Farm Machinery in Ludhiana, Punjab. Rated for a capacity of 53.6 kW, […]

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