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solar power cost

India Now the Lowest Cost Producer of Solar Power

A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […]

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NOVEC Signs 300 MW Agreement to Bring Low Cost Solar Power to Virginia

The solar facilities involved in the agreement are expected to produce enough electricity to power nearly 73,000 homes, or the equivalent of taking nearly 37,000 passenger vehicles off the road. Northern Virginia Electric Cooperative (NOVEC), the 11th largest electric cooperative in the U.S. and D. E. Shaw Renewable Investments (DESRI) have reached an agreement for […]

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Cost of Solar Power to Drop to Rs 1.9 Per Unit by 2030: Report

By 2030, the report predicts the cost of wind and solar to be between Rs 2.3-2.6/kWh and Rs 1.9-2.3/kWh, while the cost of storage is expected to fall by about 70 percent. The cost of generation of solar power is set to fall to as low as Rs 1.9 per unit over the next decade through 2030 in India with […]

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Solar Power Consumers to Bear Cost of Solar Pumps for Farmers: Maharashtra

The Maharashtra State Electricity Distribution Company has applied a 10 paise per unit surcharge from November 1 to collect funds for the farmers. Mumbai: The Maharashtra government has imposed an electricity surcharge of 10 paise per unit on industrial and commercial consumers to finance its scheme to provide 25,000 solar pumps to farmers, a senior official said […]

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Cost of generation of solar power

The cost of generating solar power depends, inter alia, upon intensity of radiation, size of the solar plant, cost of financing, etc. The tariff for solar power is now being determined largely through tendering process. For installation of rooftop solar PV projects, the Ministry of New and Renewable Energy (MNRE) has worked out benchmark cost […]

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5500 Schools Use Solar Power in US as Costs Fall

According to a report prepared by the Solar Foundation, Generation 180 and the Solar Energy Industries Association, solar power in K-12 schools has increased by 86 percent in three years. More than 5,500 American schools have incorporated solar technology with a total capacity of 910 megawatts, enough to power 190,000 homes, according to the study. […]

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Scientists develops solar- powered smart windows that can save up to 40% of a building’s energy cost

“We wanted the smart window to dynamically control the amount of natural light and heat that can come inside, saving on energy cost and making the space more comfortable,” said Loo.  Scientists have developed solar- powered smart windows with controllable glazing that can augment lighting, cooling and heating systems by varying their tint, saving up […]

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SunPower Partners Help 10 Massachusetts Schools Reduce Energy Costs with High-Efficiency Solar Systems

Solect Energy and Green Street – members of SunPower’s national dealer network – have developed two high-efficiency SunPower solar systems that will provide electricity to 10 Massachusetts schools. Ranked seventh among U.S. states for the most solar capacity, Massachusetts is adding 6.9 megawatts to its 1,487 megawatts of solar currently installed and operating. Solect Energy […]

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