Europe’s biggest solar project Desterec looks doomed with one of its founding member companies Siemens abandoning solar energy for good. Siemens facing lower margins and revenues had strategically decided to retreat from solar energy. Note Siemens was strong in solar thermal energy technology after it bought Solel Energy. However the company was not getting any […]
Greenvolts – CPV Company While bankruptcies of leading crystalline silicon and thin film companies like Solyndra, Q-Cells has received a lot of attention, the shutdown of CPV companies have received less press. Like other solar technologies, Concentrated PV has been getting murdered by the relentless cost cuts being made by leading silicon PV solar technology. […]
There are news reports that the state of Bihar is signing a PPA with a US based investor Schanti Partners for building a 10 MW solar power plant at a rate of Rs 12.5/kwh. The company has received a no objection certificate from BREDA and is set to enter a 25 year PPA at Rs […]