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Etrion and Hitachi High-Technologies signs Project Finance Agreement for 13.2 MW Komatsu solar project in Japan

Etrion Corporation, a solar independent power producer, announced today the signing of a project finance agreement with Sumitomo Mitsui Trust Bank, Limited (“SuMi Trust”) for the construction of the 13.2-MW Komatsu solar project located in the Ishikawa Prefecture of Japan. Marco A. Northland, Etrion’s Chief Executive Officer, commented: “I am delighted to announce the signing […]

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Ascent Solar Announces Third Quarter 2016 Financial Results

Ascent Solar Technologies, Inc. reported results for the third quarter ended September 30, 2016. Financial Results for the Third Quarter Ended September 30, 2016 Total net revenue booked for the third quarter of 2016 was $453K, a recovery of approximately 78% from second quarter 2016. Gross shipments for the period were about $1.1M but net revenue […]

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Solar powered ferry boat Aditya clears trial on Vembanad lake

The 2.5km stretch of Vembanad lake from Vaikom to Thavanakkadav will witness a rare feat next month when its first solar powered ferry boat ‘Aditya’ will set loose for sailing. Aditya is first one of its kind ferry boat with 75 seaters in the country that is powered with solar. The boat successfully cleared the […]

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Enel starts construction of Peru’s largest solar PV plant

Enel, through its Peruvian renewable energy subsidiary Enel Green Power Peru (EGPP), has started the construction of Rubi, which will be the first solar PV plant to be built by the Group in Peru and, once completed, will be the country’s largest PV facility with an installed capacity of 180 MW. “The start of construction […]

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Nexamp Completes 2.6 MW Community Solar Project in Sutton, MA

Nexamp has today announced the completion of a 2.6 megawatt Community Solar project located on the Sutton-North bridge town line in southeastern Massachusetts. Consisting of over 8,000 panels, the project is one of the largest Community Solar projects in the Northeast serving local homes, nonprofits and small businesses. The new solar array is built on […]

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Renewable Energy Policy FiT Analysis: Installed Capacity and Targets to 2020

Countries worldwide are planning to promote renewable energy in one way or the other in order to reduce dependency on fossil fuels. Hence, mandatory renewable energy targets are being laid down by the governments to ensure that the power producers produce certain proportions of the total electricity generation from renewable energy sources. For instance, the […]

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infinityPV raises 1,250,000 DKK for its compact solar charger through kickstarter campaign

Danish company infinityPV has announced that through a Kickstarter campaign raised 1,250,000 DKK (Approx. Rs. 121, 22,658) for its compact solar charger, the HeLi-on. The company notes that it has manufactured and shipped the HeLi-ons to Kickstarter backers all over the world. The flexible polymer solar cell technology used in HeLi-on has been created by […]

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World Bank to grant additional 22.93 million dollars for solar projects in India

The World Bank has facilitated an additional grant of 22.93 million dollars to India to further increase the installed grid-connected rooftop solar photovoltaic (GRPV) programme in the country. The add-on grant of 22.93 million dollars has been sanctioned under the Global Environment Facility (GEF), and will support the overall $625 million GRPV programme approved by […]

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