Solar power

Solar power is the conversion of sunlight into electricity, either directly using photovoltaics (PV), or indirectly using concentrated solar power (CSP). Concentrated solar power systems use lenses or mirrors and tracking systems to focus a large area of sunlight into a small beam. Photovoltaics convert light into an electric current using the photovoltaic effect.

The International Energy Agency projected in 2014 that under its "high renewables" scenario, by 2050, solar photovoltaics and concentrated solar power would contribute about 16 and 11 percent, respectively, of the worldwide electricity consumption, and solar would be the world's largest source of electricity. Most solar installations would be in China and India.

Photovoltaics were initially solely used as a source of electricity for small and medium-sized applications, from the calculator powered by a single solar cell to remote homes powered by an off-grid rooftop PV system. As the cost of solar electricity has fallen, the number of grid-connected solar PV systems has grown into the millions and utility-scale solar power stations with hundreds of megawatts are being built. Solar PV is rapidly becoming an inexpensive, low-carbon technology to harness renewable energy from the Sun.

Latest News for: Solar power authority

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How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

The Times of India 22 Nov 2024
... bribed local Indian officials to ensure the purchase of solar power, misleading U.S....
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What you need to know about Adani's U.S. bribery indictment

Colorado Springs Gazette 22 Nov 2024
Gautam Adani, one of world's richest people, faces his biggest challenge after being charged with seven others for alleged bribery related to power supply deals from energy projects in India, with U.S. authorities calling it "The Corrupt Solar Project" ... authorities as Adani's ......
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'Aware of allegations': White House reacts to bribery, fraud charges on Adani

The Times of India 22 Nov 2024
The accusations involve payments to Indian officials to secure favorable terms for solar power supply contracts. Arrest warrants have reportedly been issued for both individuals, with US authorities seeking assistance from foreign law enforcement, according to court filings and reports by Reuters ... ....
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Solarization, industrial slowdown slash Pakistan’s power demand by a tenth

The News International 21 Nov 2024
Electricity demand across Pakistan plunged by over a tenth during the first quarter (July-Sept) of the current fiscal year, as industries and agricultural users increasingly switched to solar power ... Experts warn that unless costs are reduced and service reliability improves, the transition to solar power could accelerate further....
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UAE signs several MoUs to develop energy projects in Egypt

GCC Business News 21 Nov 2024
The development of this station, anticipated to be the largest project of its kind globally, will benefit from Masdar’s extensive experience in developing floating solar power stations ... Masdar signed another agreement with the Future of Egypt for Sustainable Development Authority to establish a 2GW solar power plant in northern Naga Hammadi....
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UAE, Egypt sign MoUs in manufacturing, renewable energy, developing industrial zone in East Port Said

Eye Of Riyadh 21 Nov 2024
The development of this station, anticipated to be the largest project of its kind globally, will benefit from Masdar's extensive experience in developing floating solar power stations ... Masdar signed another agreement with the Future of Egypt for Sustainable Development Authority to establish a 2 GW solar power plant in northern Naga Hammadi....
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Explainer-'The Corrupt Solar Project': US findings related to Adani's bribery charges

Colorado Springs Gazette 21 Nov 2024
prosecutors for conspiring with executives of a formerly New York listed company to devise a $265 million scheme to bribe Indian officials to boost their solar energy business ... authorities alleged ... authorities said ... authorities alleged ... authorities ... authorities called the dealings in their indictment "The Corrupt Solar Project"....
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Explained: What are the main allegations in Indian billionaire Gautam Adani's bribery case?

Khaleejtimes 21 Nov 2024
Indian billionaire Gautam Adani has been indicted by US prosecutors for conspiring with executives of a formerly New York listed company to devise a $265 million scheme to bribe Indian officials to boost their solar energy business ... US authorities called the dealings in their indictment "The Corrupt Solar Project"....
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Gautam Adani’s US bribery charges explained

Business Day 21 Nov 2024
New DelhiIndian billionaire Gautam Adani has been indicted by US prosecutors for conspiring with executives of a formerly New York-listed company to devise a $265m scheme to bribe Indian officials to boost their solar energy business ... US authorities described the dealings in their indictment as “The Corrupt Solar Project”....
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How bribery allegations in the US hit Adani group in India

The Times of India 21 Nov 2024
... power projects in India, the Adani Group denied the charges as being baseless ... indictment were no longer associated with the company, and the company continued to cooperate with US authorities.The power projects in question The indictment terms it 'The Corrupt Solar Project'....
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Uranus is Getting Colder and Now We Know Why

Universe Today 20 Nov 2024
It’s titled “Solar wind ... “Declining solar wind kinetic power, or near-identically total solar wind power, should mean weakening heating of Uranus’ thermosphere, leading to the observed long-term temperature decline,” the authors explain in their paper....
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DEWA seeks advisory services for large-scale solar-plus-storage

PV Magazine 18 Nov 2024
The Dubai Electricity and Water Authority (DEWA) has launched a tender seeking advisory services from independent power producers for a 1.6 ......

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