Tags: solar news

Facebook to Purchase Renewable Power from Apex’s Altavista Solar Project

Apex Clean Energy announced that Altavista Solar has executed a power purchase agreement with Facebook for a 61.6MW portion of the project. Altavista Solar will become the first solar energy project in Campbell County, Virginia, when it becomes operational in 2020. The deal, which will help support Facebook’s operations in Virginia, is Apex’s second major […]

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Shapoorji Pallonji exploring options to pay back to Sterling and Wilson Solar

Shapoorji Pallonji Group, the promoter of Sterling Wilson Solar, is exploring several options, including making Eureka Forbes public or selling stake in its engineering firm Forbes & Company to pay back the inter-company loans the group had taken from the solar company, sources said. The promoters of Sterling Wilson Solar currently owe the company Rs […]

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Bill Gates backed startup Heliogen achieves solar breakthrough

Heliogen, the clean energy company that is transforming sunlight to create and replace fuels, announced its launch and that it has – for the first time commercially – concentrated solar energy to exceed temperatures greater than 1,000 degrees Celsius. At that temperature, Heliogen can replace the use of fossil fuels in critical industrial processes, including […]

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Here is what you should know about AP’s key changes in energy policies

The Andhra Pradesh government recently made several key changes to its policies on solar, wind and hybrid power, primarily withdrawing the facility for energy banking and drawal that was purportedly causing a huge financial drain on the power distribution companies (Discoms). The Andhra Pradesh government said it has observed statutory audit has reported an abnormal […]

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Yemen taps solar power amid war energy shortage

When electricity was cut to Yemen’s capital four years ago after war broke out, Ebrahim al-Faqih saw a gap in the market and started selling solar panels. Faqih is part of a booming solar sector transforming lives and energy sustainability in Yemen, a poor country with scant rural power access even before conflict knocked out […]

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Ladhak to get INR 50000 cr for projects including solar: Amit Shah

Home minister Amit Shah on Sunday said the newly-created Union territory of Ladakh will be allocated budget for development. The development plans entail total investments of Rs 50,000 crore in power, solar energy, education and tourism sectors. Shah at the launch of sale of winter-grade diesel in Leh said the government has made a provision […]

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Sterling and Wilson Solar posted 36 percent rise in Q2 net profit

Sterling and Wilson Solar on Friday posted a 36 per cent rise in consolidated net profit at Rs 79.40 crore for the second quarter of this fiscal. The Shapoorji Pallonji Group firm had reported a consolidated net profit of Rs 58.36 crore in the September quarter of the previous fiscal, it said in a BSE […]

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Manufacturing-linked 5 GW solar auction of SECI gets good response

SECI’s solar auction for 5GW capacity has evoked good response as Adani Green Energy, Azure and Navyug have submitted bids for a total of 10 GW projects. Solar Energy Corporation of India’s (SECI) for 5GW solar energy auction includes 1GW manufacturing component. Thus developers will have to set up solar equipment manufacturing capacity of 1 […]

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Latin America and Caribbean on the Brink of Massive Solar Power Growth

Latin America and the Caribbean could grow their installed solar capacity by a factor of 40 by 2050, a new report by the International Renewable Energy Agency (IRENA) shows. Annual investmens exceeding seven billion would see the region’s solar PV capacity rise from 7 gigawatts (GW) today, to more than 280 GW by mid-century. While […]

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NASA to send prototype solar-power generator to ISS

An Israeli developed prototype solar-power generator will be sent by the US space agency NASA to the International Space Station, Ben Gurion University (BGU) in southern Israel announced on Monday. The new generator offers a major step forward for private commercial space missions, as the private space market is a rapidly growing billion-dollar industry with […]

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