Solar News

Solar for All 2016: Boond Engineering and Mera Gao Power awarded first prize

2016-10-21 |

The Canopus Foundation and the Fraunhofer Institute for Solar Energy Systems ISE, who collaboratively organized the 2nd “Solar for All” Contest for Innovative Community Solar Electrification Solutions, on October 19th, 2016 announced the winners. The Indian companies Boond Engineering and Mera Gao Power have been awarded the first prize, both receiving a 200,000 Euro loan for 8 years at 6 percent interest and no collateral require, Fraunhofer reports. Read more...

Solar Report

Brazil’s new legislation to foster investment in distributed solar

2016-04-22 |

Brazil has made international headlines on political and economic issues lately, most of which did not paint a rosy picture of the country’s current situation. Nonetheless, development of the solar sector is on a promising path, with the successful execution of several large-scale PV auctions and increasing interest from industry players to set up a local value chain. The much touted small-scale distributed generation (DG) PV segment, however, is still struggling to meet growth expectations. Brazil has recently introduced new legislative measures to stimulate the DG segment, yet will these provide the remedy the market needs? Read more...

Solar Energy System of the Month

Wildwoods Convention Center PV project

2013-07-05 |

In late July 2012, workers connected to the grid a 487 kW solar photovoltaic (PV) plant on the roof of the Wildwoods Convention Center in Wildwoods, New Jersey, on the Jersey Shore of reality TV fame. This is a large PV plant, but by no means the largest in New Jersey, and the mixture of Suntech and Eoplly multicrystalline silicon PV modules and Power-One inverters is fairly mainstream as well. What makes this PV plant different is its investors. A total of 823 individuals from 42 US states invested more than USD 1 million in the plant, though crowd-funding platform Mosaic. Read more...

Solar Showcase

“Up-and-running solar plants are better than traditional real estate”

2014-06-07 |

Where is the market for operating solar installations heading? Long-term investors, such as pension funds, value above all the security of investing in these installations, which solar expert Paul Grunow has long referred to as being “better than traditional real estate”. Engineering experts, meanwhile, tend to purchase existing solar plants with design errors, before carrying out improvements and reselling them at a profit. Support for this growing market is being provided by, the largest open marketplace for photovoltaic installations, PV project rights and unused roofs and ground areas. Read more...

Solar Interviews

Solar Interview with Muhammed Kazi on the potential of the Middle East solar market

2016-09-12 |

Which potential do you identify in the Middle East solar market? Electricity demand in the Middle East has been growing between 6% and 8% CAGR, and yet some GCC utilites have faced an increase in peak load demand in excess of 12% when comparing the summer period of 2014 and the same period in 2015. In 2016, total electrical energy demand in the Middle East region is expected to exceed 900TWh. Read more...

Solar point of view

Apricum: Why you should look to ASEAN now for some of the most promising renewable energy markets

2016-09-20 |

Installing sufficient additional power generation capacity is one of the most pressing issues for ASEAN countries to solve. Despite the rapid economic development, many parts of ASEAN remain under-electrified – 160 million of its people still do not have access to electricity today. For those that do, prices of grid electricity are high at 0.18 USD/kWh or more in some markets. Read more...