Solar News

Paris Agreement Enables India to Attract $3.1 Trillion of investments by 2030

India’s target of installing 175GW of energy capacity by 2022 claim to have potential of $448 billion worth investments. As per the report issued by the International Finance Corporation (IFC), around $3.1 trillion worth investments are to be expected by 2030. The investments majorly aimed at accomplishing goals as set by the Paris agreement. The […]

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Fortum to Buy 35 MW of solar power capacity in Russia

The Finnish power utility has agreed to acquire three solar power companies from Hevel Group in Russia. Finnish power utility Fortum has agreed to acquire 35 MW of solar power in Russia from local group Hevel. The Finnish company said the seller was Russian solar module maker and project developer Hevel Solar, without disclosing the […]

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Manipur is the Recently Added State to be Benefitted by Saubhagya Scheme

The scheme is set to make electricity affordable for “The poorest of the poor” and promised 24×7 power supply by March 2019. State of Manipur is now included in the list of states to bestowed with the Saubhagya scheme, which aims to provide electricity to India’s each and every household. Minister for Power and New […]

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EkoRE to Install 15 MW solar plant in Ukraine

The Turkish EPC contractor is also planning to install rooftop PV systems on several public buildings of the city of Ochakiv. The City Council of Ochakiv, small city in the Mykolaiv region of southern Ukraine, has signed a memorandum of understanding (MoU) with the Turkish solar and renewable energy project developer Eko Renewable Energy Inc. […]

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MNRE Releases List of Sanctioned Solar Parks under the Solar Park Scheme

Solar parks across various states in the country, each with a capacity of Solar Projects generally above 500 MW will be built. In a bid to provide clean energy to the citizens of India PM Narendra Modi earlier has revised national solar mission capacity from the current 22 gigawatt (GW) to 100 GW by 2022.  The […]

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Solar Power Boosts Agricultural Efficiency By 60%, Proves German Project

The outcome of the project turned out to be a huge success as it proved that combining solar power with agriculture increases efficiency by up to 60 percent. Has solar power really boost agricultural production and efficiency of land use? The question has remained in news for a long time. Finally, Germany actually took the […]

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India’s Largest Floating Solar Power Plant Set to Be Commissioned

The project with 500 kWp (Kilowatt peak) initiated on March 10, 2016, is the biggest Floating Solar Power Plant the country will have. The Kerala State Electricity Board (KSEB) is set to commission India’s largest Floating Solar Power Plant to be built on the Banasura Sagar Dam at Padinharethara in Wayanad district. The commissioning will be announced […]

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Gigawatt-Scale Solar Markets Seen in 13 countries in 2018: GTM Research

GTM Research identifies five new countries (solar markets) poised to install more than a gigawatt of solar annually. As the year 2017 nears to its end, GTM Research report has identified 13 countries of gigawatt-scale solar markets in 2018 that would exceed the 1-GW worth of annual solar PV installations, up from eight in 2017. […]

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Argentina Expects up to USD 3 Billion in Renewable Energy Projects

Argentina believes between $2.5 billion and $3 billion in investment in renewable energy projects Argentina believes between $2.5 billion and $3 billion in investment in renewable energy projects after its government awarded projects to generate 1,408 megawatts (MW) of power, and promised to increase that amount to 2,000 MW. According to the Ministry of Energy […]

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