Whether floating or hanging, solar panels have the potential to both provide electricity and reduce evaporation from reservoirs. The world’s largest array of floating solar panels in China’s Anhui province. It is an idea that may have found its moment. Droughts are crippling power supplies from many hydroelectric dams across Africa, with dwindling reservoirs evaporating […]
AFRICA: Opes-LCEF Invests in Solar Kit Providers Munyax and WidEnergy
Solar energy providers Munyax Eco and WidEnergy have just received investments from the Opes-LCEF fund. The funding will enable the two companies, based in Rwanda and Zambia respectively, to cope with the consequences of the Covid-19 pandemic. The funds received by Munyax Eco from Opes-LCEF will help finance its stocks and the expansion of its […]
Solar Power’s Decade of Falling Costs Is Thrown Into Reverse
A key selling point that made solar energy the fastest-growing power source in the world—rapidly decreasing costs—has hit a speed bump. Solar module prices have risen 18% since the start of the year after falling by 90% over the previous decade. The reversal, fueled by a quadrupling in the cost of the key raw material […]
PGCIL Board Approves Investments Worth Rs 2,202 Crore
The Board of Directors approved investment approval for “Transmission System Strengthening Scheme for evacuation of Power from Solar Energy Zones in Rajasthan (8.1 GW) under Phase-II – Part-B1” at an estimated cost of Rs 1,184.88 crore. New Delhi: State-run Power Grid Corporation of India Ltd (PGCIL) said its board has approved investments totalling Rs 2,202 […]
SunPower Reports Q1/2021 GAAP Revenues As $306.4 Million
SunPower Corporation’s Revenues Slid By Over 10% Sequentially In Q1/2021, While Growing More Than 5% Annually; Reiterates 2021 Annual Guidance. SunPower recognized 127 MW capacity in Q1/2021, a quarter when its revenues dropped by more than 10% annually. But the management is confident of being in a position to benefit from strong industry tailwinds and […]
Sudanese Turn to Solar Energy Amid Electricity Shortages
Sudanese farmer Mohammed Mahgoub used to spend more than $12 per day on gasoline to keep his farm in Nile River State operating, braving long queues at gas stations to fuel his irrigation pumps. But a solar energy unit he built a year ago to power his farm has helped him save money, energy, and […]
SirajPower’s Partnership With Regional FMCG Companies Grows in the UAE
UAE distributed solar energy provider SirajPower has signed a solar leasing partnership with Ajmal Perfumes, one of the largest manufacturers of fragrances in the Middle East and around the world. The partnership will develop a 1.5 MWp solar rooftop plant that will power the Ajmal Perfumes manufacturing facilities at Dubai Industrial City and Al Quoz […]
Bright Outlook for Largest Solar Farm Here
It is on track to be operationally ready soon despite Covid-19 delays.Workers piecing together solar panels and floats before they are towed out to their designated positions in the reservoir during construction in March. Covid-19 may have caused delays to shipments of key equipment, but that has not derailed the timeline set out for building […]
New Partnership to Help Set Up Solar, Wind Power Plants in Oman
Muscat: New solar and wind power plants could soon be set up in Oman, under an agreement between local company Anvwar Asian Investments (AAI), and a consortium of international investors. The move is expected to reduce Oman’s dependence on fossil fuel-based sources of energy, such as oil and gas, which is also part of the […]
Airports Could Produce Enough Solar Energy to Power Over 1 Lakh Homes: Study
While previous studies have deemed airports as great solar generators, the new research goes further by precisely modelling the use of large-scale systems. Airport buildings are massive construction and new research has found that these swaths of empty rooftops can be put to use. According to the study, Australia’s government-owned airports are ideal hosts for […]