Government aims to raise that investment goal to around $4 billion per year within 3-4 years and will identify opportunities to source low-cost foreign investment, said energy minister Piyush Goyal.
Commencement of insolvency proceedings in Spain sparks real fears of contagion for Abengoa Yield, the U.S.-based subsidiary of the Spanish renewable energy company.
Construction has begun and financing has been secured on one of first solar projects over 100 MW in Texas, as Southern Company acquires a majority stake.
The company plans to manufacture its multi-junction PV modules in the Southern Brazilian state, and is currently investigating locations.
The two companies have teamed up to reward each other’s members, with NRG offering discounts on PV system leases and Airbnb offering travel credits for hosts with solar arrays.
GreenGulf is partnering with the Norwegian Refugee Council and other organizations to improve the quality of life for residents with solar installations and a training program. The project is part of a greater effort to meet the massive need for energy among displaced people.
Researchers from Stanford University have layed out exactly how the planet could forego fossil fuel and nuclear power and adopt renewable energy across the board.
The country’s big four energy providers are struggling with the immense cost of decommissioning the remaining nuclear power plants. Finding a final waste site remains a key issue.
The process could one day play a key role in fighting climate change. The engineers have also provided design principles to help the photovoltaic industry build energy-efficient, corrosion-protected solar cells for other purposes.
The 16th Forum Solarpraxis kicked off in the German capital this week showcasing international developments in technology and policy and offering market assessments from industry reps. Developments in Germany and the U.K. could have far-reaching impacts for the European solar industry.
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