Renewable Energy

MNRE invites proposal for availing Green Climate Fund (GCF) support in renewable energy areas

The Ministry of New and Renewable Energy (MNRE) has invited proposals from State governments, industry, developers, electrical utilities, private and public institutions, international agencies and other stakeholders for availing Green Climate Fund (GCF) support in renewable energy areas. MNRE in a statement said proposals shall have potential to deliver transformative impact on climate change mitigation […]

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Adani Group bags bid to set up a 100 MW solar unit in Chhattisgarh

Parampujya Solar Energy, an arm of Adani Green Energy has bagged a bid to set up a 100 MW solar power unit in Chhattisgarh. Parampujya Solar Energy sought the lowest viability gap funding (VGF) of Rs 59 lakh per MW among other bidders in the auction lead by SECI reports the ET. SECI’s reverse auction […]

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Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy

Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”).  It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […]

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8minutenergy to build 4GW solar photovoltaic project in India

Independent solar developer in the U.S., 8minutenergy Renewables will setup 4GW solar photovoltaic project in India to help the country meet its aggressive renewable energy goals. A statement from White House said “8minutenergy Renewables will pursue a 4 GW solar photovoltaic project pipeline in India”. 8minutenergy’s commitment was made in tandem with Prime Minister Modi […]

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Will continue to support renewable energy projects in India: OPIC

U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has announced that it will continue to support early stage renewable energy projects in India. OPIC in a blog post said “this week’s historic agreement between the U.S. and India to address climate change recognizes the need for private investment and will work to support […]

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aleo solar to showcase its new glass-glass modules at Intersolar Europe 2016

aleo solar has announced that it will showcase newly developed solutions for photovoltaic building integration, a new guarantee package and a high-performance module with 310 watts and 5-busbar cells at Intersolar Europe 2016. The glass-glass modules that can be installed with architecturally appealing effect into glass roofs, windows or facades will be exhibited for the […]

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Perovskite Solar Cells reaches over 20% efficiency

Researches at Ecole Polytechnique Fédérale de Lausanne (EPFL) are pushing the efficiency limits of perovskite solar cell by exploring the best way to grow these crystals. EPLF in a statement said researchers’ team headed by Michael Graetzel has found that, by briefly reducing the pressure while fabricating perovskite crystals, they were able to achieve the […]

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SolarCity names Toby Corey as president of global sales and customer experience

SolarCity has announced the appointment of Toby Corey as president of global sales and customer experience. Corey will oversee sales, marketing and customer service of the company in his new role, and report to CEO Lyndon Rive. Corey as head of sales and marketing organizations in 2012 and 2013, dramatically increased SolarCity’s sales, and reduced […]

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