Tags: solar

Renewable energy capacity increases by 30 percent in Surat: Report

Surat has witnessed increase in renewable energy production capacity by 30 per cent in the past 18 months. The share of wind and solar is around 90 per cent Of the 25 crore units of electricity that the city produces. Surat happens to be the only city in the country whose captive power generation meets […]

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UP govt clears state’s first floating solar power plant on Rihand Dam

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 […]

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Clean energy producers can move NCLT against discoms over dues: R K singh

Flagging non-payment of dues by power discoms to renewable energy producers, Union Power Minister R K Singh has cautioned seven states, including Maharashtra and Karnataka, that the developers could approach NCLT against the distribution companies to recover payments of around Rs 5,355 crore. Singh in a letter has urged the chief ministers of these states […]

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Debt resolution plan not dependent on a single option: Suzlon

Suzlon Energy said that its debt resolution plan is not dependent on a single option and that the company is working with its bankers to reduce its debt. The company informed stock market on Monday “We wish to clarify that Suzlon’s debt resolution and revival plan have never been dependent on any single option. We […]

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India’s energy demand to grow by 4.2%: Dharmendra Pradhan

India’s energy demand is projected to grow by 4.2 per cent through 2035, an expansion faster than all major economies of the world, Oil Minister Dharmendra Pradhan said Tuesday as he sought investments in the country’s energy chain. Speaking at the eighth Asian Ministerial Energy Roundtable in Abu Dhabi, he said the share of world’s […]

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Floating PV panels making a splash in South East Asia: Rystad Energy

Floating photovoltaic (PV) panels are making a splash in South East Asia, where gigawatts (GWac) worth of utility-scale solar power are planned in the coming years. Development plans are in the works in Thailand and Vietnam as large-scale floating PV installations, with smaller utility-scale floating PV developments being proposed in Indonesia, Singapore and Myanmar says […]

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Innolia Energy invest Rs 225 cr in solar module manufacturing and EV products

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 […]

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ReNew Power raises USD 300 million selling bonds overseas

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 […]

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Solar leads decade of investment in renewable energy: Report

Global investment in new renewable energy capacity this decade — 2010 to 2019 inclusive — is on course to hit $2.6 trillion, with more gigawatts of solar power capacity installed than any other generation technology, new figures published on Thursday said. According to the Global Trends in Renewable Energy Investment 2019 report, released ahead of […]

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Arunachal Pradesh to develop power sector with focus on clean energy

The Arunachal Pradesh government is committed to all-round development of power sector with emphasis on clean energy, Deputy Chief Minister Chowna Mein has said. Calling upon engineers of the power and hydro-power departments to work in close coordination for optimally harnessing the hydro potential of the state, the deputy chief minister said, all forms of […]

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