Conditions are damaging renewable energy projects, threatening businesses that survive on thin margins. India’s ambitious plan to take the leadership position among nations as one of largest producers of renewable energy may have run into some unfavorable weather Freak climatic conditions are damaging renewable energy projects, threatening a business which survives on wafer-thin margins. A storm in Rajasthan, known for its deserts and sunny days, tore through a solar park and blew away modules of various developers.
July 10, 2019
Global power solutions company ABB has reached an agreement to sell its solar inverter business to Italian company FIMER.Completion is expected in the first quarter of 2020 and will be subject to certain conditions, including the completion of a carve-out and prior consultation with employee representative bodies.As a result of the sale, ABB expects to take an after-tax non-operational charge of approximately $430m (€378m) in the second quarter of 2019 with the half-year results of
If he was paying Rs 2.5 lakh every month as electricity bill, then he would save around Rs 90,000 once the system started producing powerCity residents are catching up with solar energy and coming forward to install panels on their rooftops. They are not only producing energy, but also saving money as their electricity bills have reduced to half or even lesser.A resident of Vikas Nagar on Pakhowal Road, Dr Renu Beri, got 7kW solar
June 28, 2019
The wind power generators have also been facing liquidity crunch as the three discoms have failed to pay dues of Rs 843 crore that has accumulated since September 2018Despite power regulator Rajasthan Electricity Regulatory Commission (RERC) reversing an order passed by the previous government last year and bringing in fresh norms to ensure continuity in renewable power purchase, Rajasthan Vidyut Utpadan Nigam Ltd (RVUNL) is yet to sign power purchase agreement (PPAs) with generators that expired in March this year.The wind power generators have also
June 27, 2019
In a recent blog, PV Magazine compiled a list of the world’s largest solar power plants. It takes into consideration those power plants which have a capacity of over 500 megawatt (MW).According to the magazine, the biggest solar parks now have about 2 gigawatt (GW) of generating capacity and are expanding towards 5 GW. Here are the top 10 largest solar power plants in the world: China: Yanchi Solar ParkSituated in China, it gives an output of about 820 MW. The plant