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ReNew Power to Invest Rs 8k cr in UP to Set Up 1,200 MW Renewable Capacity

The move will create 12,000 jobs in the state, including direct employment for 5,500 people and indirect employment for 6,500 people, to facilitate development of 1200 MW of renewable energy installed capacity in the state. ReNew Power Ventures has signed a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government to invest Rs 8,000 crore for 1,200 […]

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Solar Home Lighting System Powers Rural India

With no energy costs and often simple installation, more and more people particularly in rural areas are putting their faith into the solar revolution and switching to harness energy from the sun by using solar home lighting systems. Recent advancements in the technology helped millions of households to use solar home lighting devices. The Solar […]

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Shinsung E&C to Supply $19.6 Million Solar Cells to France

According to the Shinsung E&G official the company conducted a year-long test to achieve the certification with an aim to make inroads into the French market. Shinsung E&G Co., South Korea based solar energy firm has signed a 21.1 billion won ($19.6 million) deal to supply monocrystalline solar cells to Upsolar, a global developer and […]

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Waaree Energies Wins ‘Solar Module Company Of The Year’ Award

Apart from supplying more than 400 MW of modules in 2017, Waaree also executed more than 50 MW of solar EPC projects and supplied 3000 tonnes of module mounting structures and more than 2000 solar pumps.   Solar power solutions company, Waaree Energies Ltd. has won the ‘Solar Module Company of the year’ award at […]

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ABB India Dec Quarter Net Profit up 5.3%; Eyes Solar Expansion Overseas

We have delivered balanced performance in 2017, and built a solid foundation for future growth and profitability as our nation’s and global markets improve, says Sanjeev Sharma. ABB India Ltd, a leader in power & automation technologies, has reported a rise of 5.3 per cent in its standalone net profit after taxes (PAT) at Rs 171.52 […]

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L&T Q3 Profit Jumps 53%; Gross Revenue up 9.4%; Bags Solar Orders

The company has secured a major order from the domestic market for EPC construction of 250MW (AC) Solar Plant in Rewa district of Madhya Pradesh. India’s largest construction and engineering firm, Larsen & Toubro Ltd, has reported impressive growth of 53 per cent in its consolidated net profit after taxes (PAT) at Rs 1,490 crore for […]

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Global Concentrated Photovoltaic (CPV) Market Analysis to 2025: Market is Expected to Reach USD 6.35 Billion

The global concentrated photovoltaic (CPV) market is expected to reach USD 6.35 billion by 2025 at a 10.1 percent. Demand for concentrated photovoltaic is anticipated to register rapid growth owing to its ability to harness solar energy in areas with no space constraints. CPV technology is yet to gain worldwide acceptance and manufacturers are constantly […]

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Gigawatt of Storage in 2018?

From a Gigawatt dream storing capacity to watt-hour storage, through decades the glorified history of technology is meekly stored with the wonk of storage development. The interdependency to make solar power modus operandi is the associated technology which can store the continuous flow of electricity and deliver it diligently on the time of respective requirement. […]

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KSEB to Pay Interim Tariff at Rs 3.90 Per Unit for FY18

IREDA had filed a petition on June 16, 2017 before the commission seeking an interim tariff and for getting the approval of power sale agreement for 50 MW solar PV project. The Kerala State Electricity Regulatory Commission has approved the interim tariff at Rs 3.90 per unit for electricity purchased by the Kerala State Electricity […]

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