A deal to buy into wind farms off the coast of New York and Massachusetts showcases the British firm’s ambitions in the clean-energy sector. Last month oil and gas giant BP laid out the theory of how it aims to become a clean-energy company. Now it has served up a Read more…
Solar home systems provider Greenlight Planet has just secured $90 million to accelerate the distribution of its solar home systems in Africa. The funds were obtained as part of a financial mobilization involving several financial institutions including Commonwealth Development Corporation (CDC Group), the Netherlands Development Finance Corporation (FMO), Norfund and Read more…
NAIROBI: France signed infrastructure contracts in Kenya worth more than 2 billion euros ($2.26 billion) on Thursday, including a 1.6 billion euro 30-year concession for a Vinci-led consortium to operate a highway between Nairobi and Mau Summit. Renewables firm Voltalia also sealed a 70 million euro contract for two solar power plants, while an Airbus-led consortium Read more…
As the penetration of solar PV increases in the system, flexibility and storage become crucial to further renewable energy deployment. As of 2018, the largest form of grid energy storage in Africa has dammed hydroelectricity, with both conventional hydroelectric generation (272,078 MW) as well as pumped storage (3,196 MW). Pumped Read more…
The Uttar Pradesh government on Thursday said it plans to install 8,000 solar-powered borewells in coming days and 35 per cent of them would come up in the Purvanchal districts of the state. The districts set to benefit from the initiative include Balrampur, Shravasti, Siddharthnagar and Kushinagar where suitable locations would be identified for installations, it Read more…
New Delhi: As India looks to expand its renewable energy capacity, a new report from IEEFA on Thursday found that Rajasthan can play a key leadership role in the country’s transition to a low-cost, low-emission, profitable electricity system. Rajasthan’s installed renewable energy capacity reached 9.6 gigawatts (GW) at the end of fiscal 2019-20. It also added Read more…
Tariff: The tariff structure must be clear in Power Purchase agreement. Tariffs can be fixed for the entire term or variable. Power purchase: The off-taker is obliged to buy certain amount of energy every month during the PPA term. Payment: The off-taker must pay a pre-determined tariff rate multiplied by Read more…
MUNICH & NAIROBI, Kenya–A, a global market leader of cost-effective, reliable, and clean solar power for businesses, deployed its first solar farm in Kenya for Menengai Farmers Ltd tea farm in Tigoni. For the first 20 years of its operations, Menengai Farmers Ltd successfully grew tea without any large electrical Read more…
What is a power purchase agreement? This is an arrangement where a PPA company installs a solar energy system on a homeowner’s roof and the homeowner pays for the electricity generated by the system at a fixed price. The solar PV system is not owned by the homeowner. Which is better? Read more…
Generate, store, and manage clean, affordable solar energy on your terms. Powerwall gives you the ability to store energy for later use and works with or without solar to provide key security and financial benefits. Each Powerwall system provides energy monitoring, metering and management for the system. Tesla Powerwall With Read more…