Verizon Allots $40 Million to Its Triple Solar Energy Capacity

Posted on August 26th, 2014 by
   

Verizon Allots $40 Million to Its Triple Solar Energy Capacity

Verizon Communications Inc., the biggest U.S. wireless carrier, is investing almost $40 million to triple its solar power capacity this year. Eight Verizon sites across the country will benefit from a total of 10.2 MW of solar installations by SunPower Corp.  Last year, Verizon invested $100 million for about 5 MW of solar capacity and 10 MW of fuel cells that were installed in half-a-dozen sites. The new capacity will give the New York-based company the most solar-generating capacity of any U.S. telecommunications company.

India Pledges to Acquire Local Solar Content as Dumping Deadline Passes

Indian Power Minister Piyush Goyal asked domestic solar equipment manufacturers to start idled capacities, promising that the government would ensure buyers for their products. The assurance came as India failed to publicly announce dumping duties by an Aug.22 deadline on imports coming from Asia and the United States. The duties threatened to hamper solar projects in the region as well as escalate a protectionist trade war already under way between the U.S., Europe and China.

EIB Funds Poland Renewables and Hydropower Project Refurbishment

The European Investment Bank (EIB) will lend up to 295 million zlotys ($93.3 million) to Poland energy firm Tauron Polska Energia SA for clean-energy investments including refurbishment of several Tauron Group hydroelectric projects in order to increase efficiency and generating capacity. With EIB support, the polish firm will seek to widen its electricity distribution networks by about 11,000 new connections, upgrade existing equipments and start a smart metering pilot program.

TATA Power Solar Secures 100,000 Solar Module Order from ACME Solar

Tata Power Solar, one of India’s leading solar PV module makers, announced that it has received one of the biggest supply orders for a project in India. Tata will be supplying 100,000 solar PV modules to a 20 MW project being developed by ACME solar. ACME solar had secured bids to establish 100 MW of solar PV projects under last year’s auction part of the National Solar Mission.

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