On Monday, Brazilian President Jair Bolsonaro stated Brazil will not impose a tax on solar energy. The support will boost Brazil’s development of clean sources of power. Bolsonaro’s statement comes in the wake of Brazilian power regulator Aneel saying it will is weighing the pruning of incentives for solar power.
DealWatch’s report, citing anonymous sources, have named Nomura Holdings, SMBC Nikko Securities, JP Morgan, Goldman Sachs, Deutsche Bank, among the global coordinators for whats is likely to be Japan’s biggest ever IPO on November 12. According to a report from DealWatch, citing unnamed sources, SoftBank Group Corp’s mobile unit is expected to win an approval…
Analysts covering the sector opine Huawei will have to either reduce its margins or raise prices. Huawei Technology Co’s upcoming launch of a solar-panel control device in the United States is expected to collide with the Trump administration’s new tariffs on Chinese electronics. As a result this is likely to undermine the product that analysts…
Roland Berger, a consultancy firm, says, the adoption of AI by utilities are heralding a new age of leaner, more efficient distribution and load bearing systems. According to Roland Berger, a consultancy firm, if utilities were to adopt artificial intelligence, which could predict demand swings on the usage of power, for example, they could significantly…
The power purchase deal is in line with Microsoft’s goal of powering at least 50% of its electrical load requirements of its global data center in 2018. On Thursday, Microsoft Corp stated it will buy solar power from the Singapore-based Sunseap Group. The deal marks the tech giant’s first such renewable energy deal in Asia.…
South Australia’s power blackout could be history thanks to Tesla’s “Hollywood solution”. Almost a year after South Australia suffered a major blackout, it has started building the world’s biggest battery to help keep its electricity grid on and humming in what is being slated as Australia’s most wind-dependent state. With Tesla winning the bid to…
Although more chic, these are 10%-15% cheaper than the cost of installing a 1700 sq ft rooftop along with traditional solar panels. Tesla Inc has reported that it has begun taking order for its solar roof tiles, a cornerstone of Elon Musk’s strategy of a green, fossil-fuel free lifestyle. Tesla said these solar roof tiles…
Developed by Harvard researchers, this is one technology waiting to be adopted and has a ready market for it. One of the issues facing battery technology is not just their capacity to retain their charge but also, more importantly, their lifespan. Even a lithium-ion pack can become useless after a couple of years of heavy…
Despite the bragging rights, its 77.42 gigawatts of solar energy is just a drop of water in its bucket of energy requirements and represents just 1% of the country’s total energy demands. China has made giant strides in implementing clean energy and is slowly weaning off its economy from lustre of cheap coal power. According…
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