1 Million Solar Power Jobs Potential For India
Indian Prime Minister Modi’s 100 gigawatt solar energy goal by 2022 could create as many as one million jobs says the Natural Resources Defense Council (NRDC) and the Council on Energy, Environment and Water (CEEW). Additionally, a proposed target of 60GW of wind energy could generate another 180,000 jobs in the country. New analysis recently […]
IFC Funds Micro-Solar Leasing In Tanzania
Early this month, the International Finance Corporation (IFC) announced a USD $4.5 million loan for Off Grid Electric to expand its solar leasing program to households in Tanzania. For a $6-10 up-front installation fee, the company provides a small solar power system including solar panels, lithium batteries, lights, and a meter. Customers then make small […]
Trina Solar Signs Major Development Deal
Trina Solar Limited (NYSE: TSL) announced late last week it had signed a framework investment agreement to jointly develop 500MW-1,000MW of solar power plants in China over the next three years. Trina Solar says the deal with PingAn Trust and Jiuzhou Investment will provide the company with an opportunity to further reinforce and expand its […]
Energy Storage – Battery Buzz
The last week has seen some interesting stories from the energy storage sector. Here’s a look at a few of them. Tesla Motors Inc. Chief Executive Officer Elon Musk announced last week the company would be unveiling the Tesla home battery system soon. According to Bloomberg, Musk said the unveiling would occur within the next […]
Australia’s Largest Off Grid Solar Project Announced
All going smoothly, Australia will soon be home to one of the world’s largest off grid solar power systems – and the largest of its kind globally in the mining industry. Sandfire Resources NL says it has signed an agreement with juwi Renewable Energy Pty Ltd to construct a 10.6MW solar farm at its DeGrussa […]
Wind In Power In The EU
New figures from the European Wind Energy Association have painted a grim picture for the future of fossil fuel-generated electricity, with the wind industry across member states installing more capacity than gas and coal combined. Annual statistics released by the EWEA show the European wind industry connected nearly 12 gigawatts of new capacity to the […]
Google And Apple Announce New Renewable Energy Purchases
The two technology giants have announced new major wind and solar power initiatives in the last 24 hours. Google announced the signing of a long-term agreement to purchase wind energy to offset the electrical consumption of its North Bayshore headquarters. The power purchase agreement involves the Altamont Pass Wind Farm. One of the earliest wind […]
Australians Stung By Electricity Network Charges
Power bills are one of the biggest sources of financial distress for low income Australians – and network costs make up a big chunk of those bills. UnitingCare Australia says many Australians are paying significantly more than people in other parts of the world in electricity network charges; the unavoidable “poles and wires” aspects of […]
8.5MW Solar Farm Completed At Rwandan Orphanage
Just one year on from securing a power purchase agreement from the Rwandan government and project financing from international aid organisations, solar developer Gigawatt Global has completed construction of its flagship 8.5 MW solar field at the Agahozo-Shalom Youth Village. The plant will boost Rwanda’s energy production by six per cent and is the first […]
SunEdison Announces 22MW LA Solar Power Development Deal
SunEdison, Inc. (NYSE: SUNE) has announced an agreement with a Los Angeles-based solar company to develop, build and operate 22 megawatts of distributed rooftop solar capacity. Part of the Beacon Bundled Solar contract the Los Angeles Department of Water and Power (LADWP) awarded to SunEdison in July last year, SunEdison struck the deal with local […]
