In the Largest Rooftop Solar Acquisition, Sunrun to Acquire Vivint Solar for $3.2 Billion
In the largest rooftop solar acquisition to date, Sunrun has entered into an agreement to acquire Vivint Solar in an all-stock transaction for $3.2 billion. Vivint Solar serves as a ...
China, the United States, and India Added 8.7 GW of Solar Capacity in Q1 2020
The United States installed 3.6 GW of new solar capacity in the first quarter (Q1) of 2020, according to the latest report published by the Solar energy Industries Association (SEIA) ...
US Revokes Exemptions on Bifacial Solar Panels for the Second Time
The Office of the United States Trade Representative (USTR) has withdrawn the exclusion of bifacial solar panels from safeguard measures, applicable on imported panels. The revocation will be effective, starting ...
US Solar Industry Created Nearly 250,000 Jobs in 2019
Solar Jobs in 2019 rose across the United States after two straight years of decline, according to the latest reports from The Solar Foundation, a U.S.-based non-profit educational and research organization ...
China, US, and India Added 9.4 GW of Solar in Q3 2019
The top 3 solar markets in the world - China, the U.S., and India collectively added 9.4 GW of solar in Q3 of 2019. The U.S. solar market installed 2.6 ...
Import of Solar Cells and Modules Drop and Exports Rise in the First Nine Months of 2019
In the first nine months (9M) of 2019, India imported solar cells and modules worth $1.6 billion (~₹115.7 billion), a drop of around 22% compared to 9M 2018. However, exports ...
Trump Administration Withdraws Tariff Exemption for Bifacial Solar Modules
The Office of the United States Trade Representative (USTR) has withdrawn the exclusion of bifacial modules from the ambit of safeguard measures that was applicable on imported solar equipment. The ...
MNRE Awards Grants to Four Clean Energy Companies Under Second Round of PACEsetter Fund
The Ministry of New and Renewable Energy (MNRE) has announced that it has awarded grants to the awardees of the second round of PACEsetter fund program. The PACEsetter Fund is ...
Solar Developer Azure Power to Float $350 Million Green Bond
Azure Power Solar Energy Private Limited, a wholly-owned subsidiary of Azure Power Global Limited has announced that it will issue a green bond offering of $350 million (~₹25 billion). The ...
India Was the Third Largest Solar Market Globally in Q2 2019 Behind China and the US
India held on to its position as the third-largest solar photovoltaic (PV) market in the second quarter (Q2) of 2019. The United States was the second-largest market behind China. According ...
India-US Solar DCR Case: New Delhi Appeals Against Parts of WTO Ruling
In the ongoing trade dispute going on between India and the United States, New Delhi has decided to challenge specific parts of the ruling given by the Dispute Settlement Body ...
India Remained the Third Largest Solar Market After China and the US in Q1 2019
India remained the third largest solar photovoltaic (PV) market in the first quarter (Q1) of 2019. For the second quarter in a row, the United States was the second largest ...
India the Lowest Cost Producer of Solar Power: IRENA
According to a report by the International Renewable Energy Agency (IRENA), the cost of renewable energy sources fell to record lows again in 2018. The report finds that costs from ...
50.2 GW of Wind Power Projects Added in 2018 Globally: Report
In 2018, the world added the third highest annual total of wind power. According to the Wood Mackenzie Power & Renewables 'Global Wind Power Market Outlook Update: Q1 2019' report, 50.2 GW ...
India Emerged as the Third Largest Solar Market in 2018 Behind China and US
India was the third largest solar market behind China and the United States with 8.3 GW of solar PV capacity installed in 2018. Japan and Germany were the fourth and ...
Amazon Sets Goal to Make 50% of Shipments Net Zero Carbon by 2030
Technology and e-commerce giant Amazon has announced that it aims to make 50 percent of all of its shipments with net zero carbon by 2030. The company plans on achieving ...
Capital Dynamics Closes $1.2 Billion Clean Energy and Infrastructure Deal
Capital Dynamics, an independent global asset manager, has announced capital commitments of $1.2 billion for the closing of its Clean Energy and Infrastructure VII JV LLC fund ("CEI VII"). This ...
US Imposes 25 Percent Import Tariff on Solar Cells and Modules from China
The Office of the United States Trade Representative (USTR) has announced a 25 percent additional tariff on the import of 279 Chinese products, worth approximately $16 billion. Among these products, ...
India Rejects US Claims in DCR Trade Case at the WTO
The back and forth between India and the U.S. regarding the protectionist Domestic Content Requirement (DCR) program continues. A month after the U.S. argued that India did not abide by ...
NTPC Tenders 250 MW of Solar Under DCR Category
National Thermal Power Corporation (NTPC) tendered 250 MW of solar under the domestic content requirement (DCR) category. This is a global tender and anyone can participate. The bid-submission deadline is ...
UPERC Proposes Allowing Aggregator Model to Develop Solar Rooftop with Net Metering
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has proposed the use of aggregator model for installation of rooftop solar for a group of consumers under net-metering. The UPERC has proposed, ...
DCR Category to Officially End in December 2017
The United States and India have agreed that December 14, 2017 will be the last day for domestic content requirement (DCR) category. According to the World Trade Organization (WTO) Article ...
United States to Provide $7.5 Million for Enhancement of India’s Power Grid
The United States will provide India with $7.5 million to improve the national grid. The fund is provided by Department of Energy (DOE), United States Government, and will go towards ...
Solar Imports Grew by 34 Percent Year-over-Year, Exports Declined 58 Percent in the First 11 Months of Financial Year 2016-17
In the 11 months from April to February in financial year (FY) 2016-17, export and import activity totaling $2.61 billion (~Rs.175.7 billion) was registered in the Indian solar sector, according ...
Solar Power Generation in India Was Up 83% in the 11-Month Period from April 2016 -February 2017
India generated 11.86 billion units (BU) of solar power in the 11-month period from April 2016-February 2017. Solar accounted for 1.04 percent of all power generated in the country during ...
