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Wind leads new U.S. generating capacity for third straight quarter

Wind leads new U.S. generating capacity for third straight quarter

The development of the wind industry, on the other hand, picked up slightly this quarter. 3.3 gigawatts of wind generation capacity were installed in the second quarter of 2021, compared to just under 3 gigawatts in the previous quarter. Wind power made up nearly half of all generation capacity added this quarter, making wind the largest contributor to new power generation capacity for three straight quarters. All of the wind capacity built out in the second quarter of 2021 was onshore.
Electrify Europe Unveiled in Cologne

Electrify Europe Unveiled in Cologne

POWER-GEN Europe today marked its 25 anniversary by opening a new chapter in the history of European energy industry trade shows. Today the show’s owner, PennWell Corporation, unveiled Electrify Europe, the world’s first event dedicated to the convergence in the power generation and transmission and distribution sectors.
Global Resource Options Gains BP Distributorship

Global Resource Options Gains BP Distributorship

Little over a month from finishing a major solar electric installation at the prestigious Harvard University in Massachusetts, Global Resource Options (GRO) has been appointed a BP Solar Distributorship.
UK Utility Secures New Wind Farm Project

UK Utility Secures New Wind Farm Project

The United Kingdom's Centrica has acquired Glens of Foudland Wind Farm Limited, a subsidiary of Renewable Energy Systems UK Limited (RES), which owns a 26 MW onshore wind farm project near Huntly in North East Scotland.
THAT’S HOT – Online Advertising

THAT’S HOT – Online Advertising

I’ve blogged on this subject before and, you guessed it, online advertising continues to grow more rapidly that ever before!  It’s time to learn more and get on the online advertising bandwagon today. I hope you find this helpful. –  Peter ——- Don’t you just love online advertising? I know I do — it is easily trackable. You, renewable energy, solar energy, bioenergy, geothermal […]
Solar Software Tools Slashing Soft Costs

Solar Software Tools Slashing Soft Costs

It’s estimated installers spend up to $3,000 to acquire each new customer. This high price of customer acquisition is one of the many so called “soft costs” that increase the price of solar and reduce installer margins. Every step along the road to a signed contract has inefficiencies, which is spurring new software solutions to help installers increase their sales volume and close deals faster.
NIPSCO signs PPA for 280 MW of solar capacity to deliver to its customers

NIPSCO signs PPA for 280 MW of solar capacity to deliver to its customers

Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource, and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, signed a long-term Power Purchase Agreement (PPA) through which NIPSCO will purchase 280 MW of the power generated by a CEI-owned greenfield solar project called Gibson Solar, one of two projects being […]
Welspun Commissions 52-MW Solar Power Plant in India

Welspun Commissions 52-MW Solar Power Plant in India

Leading Indian solar developer Welspun Renewables has commissioned the construction of a massive solar plant in the state of Maharashtra. The planned 52-megawatt (MW) solar plant will be located in the city of Baramati. The project was set up between Welspun and Maharashtra State Power Generation Co. under the public-private partnership (PPP) model. The partnership represents the latest in a series of steps being taken to ramp up the development of solar energy in India. Late last year, Prime Minister Narendra Modi announced his administration would seek the development of 100 gigawatts (GW) of solar capacity by the year 2022. Vineet Mittal, Vice Chairman of Welspun Renewables, said the Maharashtra plant’s successful commissioning will “set a precedent for the other states and independent power producers” towards realizing Modi’s 100-GW goal.  “We are very confident and excited to see solar power becoming the next big contributor in India’s energy future,” Mittal said. “We clearly see a transition from solar playing a complimentary role in the energy mix to becoming a vital part of it.” In February, Welspun pledged to develop 11 GW of solar and wind projects throughout the country. The leading generator of solar power in India, Welspun has an established presence spanning 10 states and has plans to commission projects totaling 1 GW of capacity this year alone. “Welspun Renewables has already commissioned a significant percentage of its 2015-2016 target,” Mittal said, adding that current and future projects will be set up with 25-year PPAs. Mittal stated he expects to see a transitioning where solar energy will go from “playing a complementary role in the energy mix to becoming a vital part of it.” India’s total installed energy capacity is currently 35.77 GW. Of that, nearly 27 GW are comprised of “clean sources.” Mittal said he foresees strong growth in the renewables sector in the coming year – especially in solar power. “Various state governments have already tendered out over 6 GW of solar installation capacities,” Mittal said. “Due to enormous support from central and state governments, several new power producers and vendors have entered the sector. The sector is expanding like never before.” Mittal added that breakthrough technological innovations in the sector, especially in battery technology, will play a crucial role in the future of India’s renewable power infrastructure. “We are at the cusp of a huge technological innovation in the renewable energy sector,” Mittal said. “We believe that within the next decade, the current major sources of energy would be overtaken by battery storage, smart meters, cognitive computing and other clean energy technologies.” On the financing front, Mittal said a growing number of banks and international investors have expressed considerable interest in funding clean energy projects in India. “We are seeing an unprecedented appetite among investors who are keen to fund solar projects and we foresee substantial inflow of funds in the coming years into the sector,” Mittal said. 
Solar is All About Efficiency — Business Efficiency

Solar is All About Efficiency — Business Efficiency

As squeezing out efficiency improvements on the module level becomes harder for manufacturers, the industry is turning toward gaining efficiencies in other areas like financing, permitting, installation and back-office management.
Solar business efficiency drives down costs

Solar business efficiency drives down costs

As squeezing out efficiency improvements on the module level becomes harder for manufacturers, the industry is turning toward gaining efficiencies in other areas like financing, permitting, installation and back-office management.