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Revive Chernobyl’s Exclusion Zone: GCL-SI to Build PV Plant in Ukraine

GCL System Integration Technology Co., Ltd., a subsidiary of the world’s leading energy group GCL, recently announced the cooperation with China National Complete Engineering Corporation (CCEC) in the Chernobyl PV plant project. To help rebuild the “exclusion zone” with solar power thirty years after the Chernobyl accident marks another important move of GCL-SI toward global […]

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Global power and utilities deal value falls for fourth consecutive quarter in Q3 2016

Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report. Regulated network assets remained the investment of choice for buyers across regional markets seeking stable long-term returns. Transmission and […]

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The Investors Theorem: Your Rooftop PV Solar Project

Over the past two decades, there have been many attempts to reform the electric utility market. The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at verge. Now with vigorous […]

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PGCIL Seeks US$ 1,000 Million Loan from ADB for Green Energy Corridor

Power Grid Corporation of India Limited (PGCIL) has sought a loan of US$ 1,000 million for green energy corridor from the Asian Development Bank (ADB). The USD 1,000 million loan comprises Sovereign guaranteed loan of US$ 500 million and Non-Sovereign loan of US$ 500 million said Piyush Goyal, Minister of State (IC) for Power, Coal, […]

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3019 MW of Solar Energy Capacity Added in 2015-16: Piyush Goyal

Power, Coal, New & Renewable Energy and Mines, Minister Piyush Goyal in Lok Sabha on Thursday said that a total of 3019 MW of solar energy capacity addition was recorded during the year 2015-16. The minister shared that World Bank has recently approved a total amount of US $ 625 million consisting of World Bank […]

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Georgia Power dedicates new 30-MW solar facility at Fort Gordon

Leaders from Georgia Power and the U.S. Army joined elected officials, community leaders and other dignitaries at Fort Gordon near Augusta, Ga. dedicated a new 30 megawatt (MW) on-base solar facility. The 30 MW alternating current, or 42 MW direct current, solar generation facility is the third completed by Georgia Power in collaboration with the […]

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Vasari Energy Doubles Solar Project Development in Arizona to 140 MW

Vasari Energy has announces the expansion of its utility-scale solar project in Maricopa County and Gild Bend, Arizona, doubling the company’s solar generating projects within the state, and increasing capacity from 68 MW to 140 MW. The California based energy provider plans to construct and operate a solar facility on the 900 acre development site which will connect the Arizona transmission grid “The Maricopa […]

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Global microgrid market to grow at a CAGR of 13.67% from 2016 to 2020: Research Beam

According to a report “Global Microgrid Market 2016-2020,” published by Research Beam the microgrid market is expected to grow at a CAGR of 13.67% from 2016 to 2020. The research firm Technavio in its new report offers an extensive analysis of top-vendor offerings, Porter’s Five Forces model, leading segments, and key manufacturers. Current market trends […]

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