Solar & Wind Energy to rise to 8% by 2018 Solar and Wind energy should double their share of the global electricity generation to 8% by 2018 from 4% in 2011, according to a new report by IEA. Hydro Energy will continue to be the biggest renewable source with almost 17% of the share. Solar […]
REC in India The Renewable Energy Certificate (REC) scheme is the major policy initiative taken by the central government to use a market based mechanism, to promote green energy in India and meet the target of 15% green energy generation by 2020. However, the REC market has become inoperable in recent times as utilities and companies are […]
UP to join the Solar bandwagon All major Indian states have launched independent solar power programs using a reverse auction bidding mechanism which has been pioneered by the Indian federal government. Gujarat was the only state to use a fixed feed in tariff program which proved to be a huge success. Uttar Pradesh has become […]
Solarcity collaboration with Tesla Motors Solarcity (SCTY) which has seen its stock price rocket up in recent times is exploring the option to sell energy storage solutions along with its solar panels. The biggest problem with rooftop solar systems is that they have to depend on the electricity grid for storing excess power generated during […]
The US government has imposed anti-dumping duties on Chinese made solar panels but that has not stopped the major Chinese Tier 1 solar panel producers from growing their shipments in the USA. The reason for the Chinese solar module growth is the sharp cost advantage that they posses over US solar companies such as Sunpower […]
The State of Indian Solar Industry This headline may seem a bit dramatic but that is the current reality being faced by the Indian industry today. The main reasons being: a) low cost competition from China and b) thin film solar panels by First Solar (FSLR), which have battered the small Indian manufacturers. India’s total […]