Tags: solar news

Price for 1 kW rooftop solar installation drops to Rs 22,000

In what could hasten adoption of renewable energy sources by households, the price of a 1 kW rooftop solar power installation has dropped to just about Rs 22,000 making it far more competitive and affordable than conventional sources of energy, particularly from polluting coal-fired plants. In the recent tenders floated by the the Punjab State […]

Read more

ABB Completes Divestment of Solar Inverter Business To Italian firm FIMER SpA

ABB has completed its divestment of its solar inverter business to the Italian company FIMER SpA. The transaction enables ABB’s Electrification business to improve the focus of its business portfolio on priority growth markets and enhance business opportunities for the solar inverter business under FIMER. Tarak Mehta, President of ABB’s Electrification business, said: “The completion […]

Read more

Fortum’s President and CEO Pekka resigns to join Nokia

Fortum Corporation’s President and CEO Pekka Lundmark has informed the board directors that he will leave the company to take on a President and CEO position in Nokia.  Lundmark will leave the firm at the end of August 2020 and step into the shoes of Rajiv Suri who is current serving as Nokia’s President and […]

Read more

Adani Solar achieves solar module production of 1 GW in FY 19-20

Home grown solar module manufacturer and EPC player -Adani Solar has announced that it has achieved module production of 1 GW in FY 19-20. Gautam Adani, Chairman, Adani Group took on social media platform to announce the achievement and congratulate the team. He said “Solar manufacturing is not just one of the sunshine sectors at […]

Read more

Actis acquires Acme’s 600 MW solar assets for Rs 3,000 cr: Report

Actis has reportedly acquired cash-strapped Indian power producer-Acme Cleantech Solutions’ solar energy assets in a deal worth Rs 3,000 crore. ET citing sources reports that Actis outbid Canadian fund Brookfield to strike a deal with one of the largest solar power producers in India. The deal signed between the two firms on solar asset is […]

Read more

Why MNRE Cancelled 500 MW solar park project proposal in Tamil Nadu

The Ministry of New and Renewable Energy (MNRE) recently cancelled the proposal to setup solar part at Kadaladi in Ramanathapuram district which is seen as the major set back for Tangedco and Tamil Nadu Government. But one big question that popped up in everyone’s mind was why did the ministry decided to cancel this solar […]

Read more

India and Myanmar signs 10 MoUs; Focus on solar power and roads

India and Myanmar on Thursday exchanged 10 agreements, four of which focus on the construction of water supply systems, distribution of electricity by solar power, as well as construction of roads and schools in Rakhine state, located on the western coast of the South Asian country. The deals were signed in the presence of Prime […]

Read more

REC Group kicks off production of its Alpha 72 Series solar panels

REC Group has announced starting the production of the 72-cell REC Alpha Series solar panel.  The company touts it as the most powerful panel, the firm in a statement said “REC Alpha 72 Series will be the world’s most powerful 72-cell panel available on the market, reaching 450Wp with a module efficiency of 21.3% or 213 watts/m², ensuring higher energy yields driving down solar […]

Read more

RK Singh launches SMNP, National Electric Mobility Programme and solar initiatives

Minister of State (IC) for Power, New & Renewable Energy, R.K. Singh at EESL’s 10 years celebration launched the dashboards of Smart Meter National Programme (SMNP), National Electric Mobility Programme and solar initiatives to transparently monitor the real time progress of the programmes and its impact. The Minister also launched an integrated mobile application – […]

Read more