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Global Solar Investment to be Higher than Coal, Gas and Nuclear Combined in 2017: Frost & Sullivan

Frost & Sullivan forecasts the global solar investment to be higher than coal, gas and nuclear combined in 2017. With prices for both solar and wind continuing to decline, renewable investment keeps booming at the expense of traditional power generation. Lower project costs and continued regulatory support for renewable energy in key markets will see […]

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Canadian Solar Commissions a 27.3 MWp Solar Power Plant in Japan

The solar power plant reached commercial operation on August 10, 2017. Powered by 85,320 Canadian Solar’s high-efficiency MaxPower modules, the plant is expected to generate approximately 26,259 MWh of clean, reliable solar electricity each year Canadian Solar has successfully completed construction and started commercial operation of a 27.3 MWp solar photovoltaic (PV) power plant in […]

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MNRE issues guideline Tariff Based Competitive Bidding Process to increase affordability of Solar Power

The guideline for Tariff Based Competitive Bidding Process has been issued by MNRE under the provisions of Section 63 of the Electricity Act, 2003 for long term procurement of electricity by the ‘Procurers’ Ministry of New & Renewable Energy (MNRE) has issued Guidelines for tariff based competitive bidding process for procurement of power from grid connected […]

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Solar Bankers Using Blockchain Technology to Develop Digitalized Electricity Ecosystems

Solar Bankers is working with the Chinese blockchain technology company, ShellPay, to promote the wholesale decentralization of all infrastructures for electricity production, transmission, and exchange. The solar energy company Solar Bankers Singapore is launching an Initial Coin Offering in November to fund the development of localized energy communities in which consumers can freely produce and […]

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MNRE Drafts New Guidelines on Solar Power Procurement

Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […]

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Marathon Capital Advises Heelstone Energy on the Sale of a 194MW Solar Portfolio to Sammons Renewable Energy

Heelstone Energy will continue to provide asset and operations management services to Sammons Renewable Energy for the entire portfolio. Marathon Capital, LLC has announced the sale of a 194 MW (DC) utility-scale solar portfolio by Heelstone Energy Holdings, LLC (“Heelstone”) to Sammons Renewable Energy (“SRE”). Heelstone, headquartered in Chapel Hill, North Carolina, is a leading […]

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AGL Launches Free Rooftop Solar Energy Monitoring Service

AGL Solar Command Check alerts registered customers if it detects a potential problem with their PV systems. AGL Executive General Manager New Energy Elisabeth Brinton said Solar Command Check was a free service which gives customers with digital meters a daily update about the performance of their solar systems. “We believe most of the 1.7 […]

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MAHAGENCO Floats tender for 110 MW of solar power projects in the state

The 60 MW grid Interactive Solar PV power plant will be developed at various locations of Tembhu, Tal. Karad, Dist. Satara to cater the load of Tembhu lift irrigation scheme on boot basis. Maharashtra State Power Generation Company (MAHAGENCO) has floated tendered for two (60 +50 MW) solar projects in the state. The 60 MW […]

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