The Uttar Pradesh cabinet chaired by Chief Minister Yogi Adityanath has cleared a floating solar power plant on Rihand Dam with an investment of Rs 750 crore. It will be the first water surface floating solar power plant of Uttar Pradesh and biggest in the country. The state cabinet cleared the project that will fetch […]
India and China have agreed on cooperation in R&D for developing new technology for manufacturing solar cell from alternate material and improvement of efficiency of solar cells, Niti Aayog said on Monday. Both sides have also agreed on cooperation in the field of e-mobility and energy storage. This among issues was discussed during the sixth […]
Innolia Energy has launched a project entailing investment of Rs 225 crore to set up a manufacturing facility in Hyderabad for solar modules, lithium battery and electric vehicle (EV) products. “Leveraging years of developing advanced technology solutions for companies in the US, Innolia Energy’s manufacturing plant (300MW) in India delivers a fully integrated and customisable […]
ReNew Power has reportedly raised USD 300 million by selling bonds overseas. The company will use the proceeds for capacity expansion. The sale of these bonds, with three-year maturity, opened for subscription on Thursday. According to ET the dollar-denominated securities were priced at 6.45%, the initial target rate. It is said to have obtained subscriptions […]
Amid his thrust on renewable energy, Prime Minister Narendra Modi on Thursday wondered whether India could become a hub of solar power battery manufacturing, which can play a major role in the march towards clean energy. He stated this while giving example of mobile phones, saying their popularity increased manifold as the size of their […]
Solar installations in the country declined 14 percent to 1,510 megawatts (MW) in the second quarter of 2019, compared to 1,761 MW in the previous quarter, according to a report by Mercom India Research on Thursday. The solar installations were also lower on a year-on-year (y-o-y) basis and had stood at 1,665 MW in the […]
Exploring business opportunities in India, Russian investors have shown interest in solar power programme in Ladakh, which was recently made a Union Territory and has a huge potential in this sector. The interest has been conveyed to Invest India, the National Investment Promotion and Facilitation Agency, which helps investors looking for opportunities and options in […]
The Appellate Tribunal for Electricity has reported directed the Andhra Pradesh Electricity Regulatory Commission (APERC) not to hold public hearings to decide tariffs amid a controversy over the government’s decision to cancel PPAs signed with renewable energy generators. According to ET, the tribunal also asked the commission not to allow the state’s power distribution companies […]
ENGIE expanded its decentralized energy offering in Africa through the acquisition of Mobisol, a off-grid solar solution provider. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than 150,000 solar home systems, providing clean and reliable energy to over 750,000 people in Sub-Saharan Africa. With the acquisition of Mobisol, ENGIE will be […]
Himachal Pradesh has signed couple of agreements to set up solar power plants with an outlay of Rs 1,000 crore. The solar power plants would be set up in Una and Kangra districts. The first agreement of Rs 600 crore for 150 MW solar plant was signed with Renew Energy Private Ltd , it is […]
