The Asia Pacific region's utility sector is undergoing a transformation not unlike what is being witnessed here in the United States, with billions being spent on smart grid investments, storage and renewable energy. Against the background of global climate talks in, the firm noted that business leaders have begun clean energy coalitions, and Frost & Sullivan believes that "large multinationals and investor ...

SmartTrak Solar Systems Pvt. Ltd, a maker of solar trackers and inverters, is in advanced talks to raise $25 million in the next three months from a US-based private equity investor, its top executive said. This would be the firm’s first external round of funding which could help it enter newer markets such as Africa and West Asia. Right now, India generates around 3,000 MW of solar power, which is expected ...

India is projected to add 2,500 MW solar power generation capacity this year as the country's solar market is set to "take off", says a report. Upgrading its earlier forecast for 2015, Mercom Capital Group today said the country is on target to become one of the top five solar markets over the next five years. In May, the group had projected solar generation capacity addition at 2,500 MW for this year. The ...

Disappointment spread across Tarun Singh’s face when he saw that parts of his solar power microgrid in eastern India’s Bihar state had been stolen. Batteries meant to store energy stood disconnected from solar panels and drained of essential acid at the site in Kayam village. Singh, chief executive of Veddis Solars Pvt., said he hadn’t been paid the rent due on the small plant since February. “I’m on the ve ...

China, which is on track to build the equivalent of one new 600-megawatt coal-fired power plant every 10 days for the next 10 years, is also committed to boosting the amount of emission-free energy it produces. By 2030, the government announced this week, it wants to reduce fossil-fuel energy by 20 percent. 8 Cray Cray Ways To Harness Solar Energy To that end, the country is already constructing its largest ...

In a bid to reduce diesel consumption in trains, the Indian railways have sort to harness solar energy to run their trains. This will prove to be highly cost-effective to the railways by saving upto Rs 1.24 lakh per coach year. The train in trial has one of its non-AC coach fitted with solar panel on the rooftop. Out of the 40 sq metre of space on the roof of the coach, about 24 sq metre is covered with sol ...

The fact that the UK solar industry self-deprecatingly refers to working in the sector as ‘riding the solarcoaster’ tells you almost all you need to know about the changing nature of government support for the technology. Written off and reportedly laughed at in the halls of Whitehall pre-2010, solar PV has consistently outperformed even the most optimistic of predictions which, in policy terms, has always ...

The land rush in the India solar power market has officially begun. This year analysts expect India to add two gigawatts of solar capacity, more than double the total added in 2014. Under the National Solar Mission, which calls for 100 gigawatts—about the total electricity capacity of Spain—of new solar power generation to be built by 2022, the government has begun to auction off 15 gigawatts of solar power ...

Gao Xin knew little about Pakistan before he arrived there in April, only that the country enjoyed a close relationship with China and that it faced internal and external issues such as security and overcrowding. “My friends and family have asked me to take care, in terms of personal safety and the hot weather, but they know it’s a good experience for me, for my career,” he said. “My parents support my deci ...

Solar and wind sectors brace for subsidy axe, as Rudd insists grid-parity is near Speculation is mounting ministers will this week provide further details on their trailed "reset" of renewable energy support policies, with the solar industry fearing particularly steep cuts to a range of subsidies. In a wide-ranging hearing with the Energy and Climate Change Select Committee this morning, Rudd reiterated one ...