Solar Energy Industries Association (SEIA) Solar Chronicle

Corporates’ thriving Investment In Solar Energy

Many developed nations now planning to introduce latest policies for the Solar energy development in the country. Apart from roof top and commercial subsidy, corporate companies investing in Solar Energy.  America’s top corporations are pouring investments into solar energy – led by Apple and Amazon— according to a newly released report by the Solar Energy Industries Association…

GE Renewable Energy Announces New Solar plus Storage Hybrid Project In New York

GE Renewable Energy announced on Monday that it will partner with Helios Energy to develop a new hybrid solar + storage system in upstate New York, which is expected to reach commercial operation in the second quarter of 2020. Specifically, GE Renewable Energy will integrate two solar PV arrays built by Helios Energy with two…

India is the 3rd largest solar market after China, US: Report

India emerged as the third largest solar market in the world after China and the US. India’s solar installations reached 8.3 GW, including large-scale and rooftop solar units, according to a report by Mercom Communications India. The country’s cumulative solar capacity is 28 GW as of 2018. Mergers and acquisitions globally were steady in the…

US firm Labacorp proposes 900-MW solar project in Zimbabwe

US-based Labacorp Power Company America wants to present a 900-MW solar project to the government of Zimbabwe, The Herald reports, quoting a company statement. Labacorp Power’s local partner Craft Properties (Pvt) Ltd has announced that the US company would like to schedule the presentation for July 2019. The event will allow it to explain how…

US based Residential solar firm PosiGen gets USD 20m of funds

US residential solar firm PosiGen announced on 16th April, it has secured a USD-20-million (EUR 17.7m) tax equity investment from roofing products supplier GAF Energy. PosiGen said that the fresh funds will support the installation of roughly 2,500 new solar systems and energy efficiency upgrades to homes in the states of Connecticut, Florida, Louisiana and…

New Rules for Solar Farms Risk Local Jobs and Investment – Clean Energy Council said

New regulations introduced suddenly by the Queensland Government without clear justification and negligible consultation with the solar industry will cost local jobs and slow the rollout of large-scale solar, the Clean Energy Council said today. The Clean Energy Council’s Director of Energy Generation, Anna Freeman, said the new regulation, due to come into effect on…

Renewables will dominate world’s energy needs, says global body IRENA

Renewable energy could become the dominant source of energy across the world, provide up to 86% of global power demand under a scenario in which deeper electrification means that electricity’s share of final energy consumption jumps from its current levels of 20% to 50% by 2050. A new report published by the International Renewable Energy…