The Green Rating for Integrated Habitat Assessment (GRIHA) is a rating system for sustainable buildings in India. The system is designed to evaluate buildings based on their environmental performance and promote sustainable practices in the building sector. GRIHA Criterion 3 is one of the key criteria in the rating system Read more…
About 90% of the electricity in India is traded through bilateral PPAs between the electricity generators and the Discoms. The exchanges typically trade power on a spot rate and day-ahead market basis. However recently CERC has allowed the trading contracts for a max duration of three months in exchange. In Read more…
International coal prices are trading at over $400/MT; which is an all-time high. This has a cascading effect on the Indian electricity market. The electricity prices are at an all-time high. We are getting an upper circuit on the IEX at Rs. 12/kWh for the spot electricity prices. Due to Read more…
The solar PV market is a highly competitive, and fast-growing sector. With a present market size of over USD 150 billion, it is expected to grow at over 25% CAGR and reach over USD 1000 Billion by 2028. The rising demand for low-cost solar power has put immense pressure on Read more…
In recent AGM of Reliance group Mr. Mukesh Ambani has reveled his initiatives on Green Hydrogen. Certainly while we are taking large scale deployment of future, green hydrogen can play a vital role in meeting not only the fuel demand of future, but can also act as energy storage option Read more…
– First Solar, Inc. (Nasdaq: FSLR), announced the completion of the previously announced sale of its North American Operations and Maintenance (O&M) business to NovaSource Power Services (“NovaSource”) today. On closing of the transaction, approximately 270 First Solar O&M associates joined NovaSource. The acquisition makes NovaSource the largest O&M provider Read more…
US-headquartered First Solar, Inc. (Nasdaq: FSLR) has announced that it would supply up to 2.4 gigawatts (GW)DC of its high-performance, responsibly-manufactured, Series 6 photovoltaic (PV) solar modules to Intersect Power, LLC (“Intersect Power”) in one of the largest aggregate orders for the modules to date. Modules supplied under the seven Read more…
First Solar, Inc. (Nasdaq: FSLR) today announced financial results for the fourth quarter and year ended December 31, 2020. Net sales for the fourth quarter were $0.6 billion, a decrease of $0.3 billion from the prior quarter. The decrease was primarily a result of higher international project sales in the Read more…
First Solar, Inc. (Nasdaq: FSLR), today announced that it has entered into a Purchase and Sale Agreement (the “Agreement”) with Leeward Renewable Energy Development, LLC (“Leeward”), pursuant to which Leeward will acquire from First Solar a utility-scale solar project platform of approximately 10 gigawatts (GW)AC. The transaction is expected to Read more…
LONGi, the world leading solar technology company headquartered in Xi’an, China, has officially launched its new 66C type Hi-MO 4 monofacial PV module (Hi-MO 4m) for the global distributed generation (DG) market. With an area of about 2 m2, weight of 22kg and power of 410-420W, the new module can be widely Read more…