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Pakistan Finally Decides to Determine Solar Power Tariff

The National Electric Power Regulatory Authority (Nepra) has finally decided to determine the upfront solar power tariff for projects on the basis of proposed 23.2934 cents per kilowatt hour (kWh) as laid down by the Alternative Energy Development Board (AEDB). An official document said Nepra has decided to initiate suo motu proceedings for determining upfront solar power tariff for projects on the basis of ...

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JinkoSolar Will Provide China Three Gorges with 600 MW of Solar Panels

JinkoSolar announced this week that it has signed an agreement with China Three Gorges New Energy Corporation to deliver a total of 600MW of high-efficiency solar panels. The three-year strategic cooperation agreement between the two companies will run from 2013 to 2015, and make use of JinkoSolar’s solar panels in an installation in western China. “We are very pleased to sign this long term large contract ...

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Anti-Dumping Measures on the Chinese May Cost Europe $30 Billion

According to estimations of German experts, if the EU implements it plan of introducing antidumping duties for solar panels from China, this would very likely be disastrous for European producers of solar batteries. Solar batteries production would reduce in Europe, and mass dismissals would start. EU leaders noticed long ago that solar panels from China are sold in Europe for much cheaper prices than their ...

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Anantapur, India, Will Save $1 Million Every Year with New Solar Project

The municipal corporation of Anantapur in the south Indian state of Andhra Pradesh is set to become the first municipality in the country to set up a solar project to power its water pumping operations and street lights. The impressive plan includes installation of a 5 MW solar PV project in the city. The project will be connected to the state’s power grid and will power the water pumping and street lights ...

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Enercon India Limited in Surprise Re-Brand

Controversial turbine manufacturer Enercon India surprised the industry earlier this year when it revealed it had decided to drop the Enercon name and rebrand itself Wind World India (WWI). The company has been involved in a legal dispute since German manufacturer and partner Enercon cancelled a licensing agreement between the two companies in 2007. This dispute has included the use of the Enercon name and ...

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Korean Solar Power and Financial Industries Eye the US Solar Power Market

Along with the Japanese solar power market, the US photovoltaic market has emerged as one of the most promising markets. With financing growing in importance following the revitalization of large-scale projects, the opportunity presents itself to Korean financial institutions, as well as to Korean solar power companies. The US solar power market is now viewed as a promising market that the Korean solar powe ...

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40 MW Solar Power Plant Up and Running for Azure Power India

Solar developer Azure Power India has expanded its 5MW facility in Nagaur, Rajasthan, with an additional 35MW making it the largest project commissioned at a single location under India’s National Solar Mission. The company received US$70 million loan from the US Export Import Bank to construct the additional plant. The Ex-Im Bank also provided US$16 million for the 5MW plant in July 2011, which was one of ...

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China Gogreen to Develop $115 Million of Solar Power Plants

China Gogreen Assets Investment Ltd., a Hong Kong-based investment company, plans to invest 720 million yuan ($115 million) to develop solar power projects in the Xuchang city in China’s Henan province. Unit Beijing Jun Yang Investment Co. agreed with the Xuchang government to develop and operate the 60 megawatts of solar power plants on the rooftops of buildings, the company said in a filing to the Hong Ko ...

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TATA Power make intentions clear for renewable development

Tata Power Company Ltd has carved out a special purpose vehicle to build a robust renewables portfolio. The company plans to invest up to Rs 4,500 crore in the next three years in the SPV, said Rahul Shah, Chief-Business Development, India Business and Renewables of Tata Power. The special purpose vehicle Tata Power Renewable Energy Ltd may launch an initial public offer (IPO) or rope in an equity partner i ...

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Welspun Energy to Commission Two New Solar Plants

Welspun Energy, country's renowned name in the solar sector will be successfully commissioning two more plants in the state of Rajasthan by the end of next week. The completion marks Welspun's efficiency, which has managed to complete its projects well ahead of schedule. The 15-megawatt and 20-megawatt projects in Jodhpur district were expected to be starting from 26 February. The company has already set up ...

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