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Madhya Pradesh Shows Solar Power Is Here To Stay And Make Significant Contributions To The Country’s Energy Mix

Assuring developers of risk mitigation in terms of electricity offtake, by Rewa Ultra Mega Power Limited (a joint venture of Solar Energy Corporation of India Limited and Madhya Pradesh Urja Vikas Nigam Limited), also contributed to the drop. The solar revolution in India marches on, with renewed momentum, if the recently concluded reverse bidding auction […]

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New Power Generation Capacity Could Be All Renewables only after 2023-24: TERI

“The cost of renewable electricity and its storage is on a steady decline and could stabilise at around Rs 5 per KWh. This would enable India to move decisively towards renewables for future generation. What this ,means is that India has a ten-year window where no new investments are likely to be done in coal, […]

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European Commission Approves French Solar Power and Hydropower Schemes

European Commission has given approval to two solar power projects and a hydropower project in France. The European Commission announced it had approved three French schemes to support solar power and hydropower energy generators in the country. The schemes include two solar power projects, which have a provisional budget of 439 million euros ($466 million) […]

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String Inverter Market size to cross USD 7 billion by 2024: Global Market Insights

India accounted for over 6% of 2015 Asia Pacific string inverter market share and should witness considerable growth on account of increasing clean fuel electricity demand said Global Market Insights Global Market Insights forecasts the string inverter market size to exceed $7bn by 2024. According to the research firm rising demand for continuous and reliable […]

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BELECTRIC Completes 3.8 MW Solar PV Plant in Chile

BELECTRIC realized another solar PV project of its 100MW portfolio in Chile BELECTRIC, one of the leading international EPC for solar PV power plants, completed its second PMGD compliant project, located in El Boco, Chile. The German company demonstrated its high expertise with a realization time of just four months and start operation on January […]

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Telangana Mulls Setting up Solar Power Generation System atop Water Bodies

A French company is in negotiation with the Telangana government to set up solar power generation system atop water bodies. Telangana government is planning to set up solar power generation system on water bodies, special chief secretary of the state energy department, Ajay Mishra said. “A proposal has come to the department regarding producing solar […]

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Adani Appoints Jennifer Purdie as CEO for Renewable Energy Unit in Australia

Jennifer Purdie as the Chief Executive Officer will support the operations of Adani’s renewable energy business unit in Australia Indian energy giant Adani Group has appointed Jennifer Purdie as the Chief Executive Officer (CEO) for its renewable energy business unit in Australia in a bid to drive its plans to become the largest renewable energy […]

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Solar PV module market set to decline despite significant capacity addition by 2020 GlobalData Report

Emerging technologies, economies of scale and policies have triggered an increase in Solar PV module annual installed capacity to 69.86 GW by 2020 According to the report from research and consulting firm GlobalData, Solar PV module annual installed capacity was expected to increase gradually from 49.77 GW in 2015 to 69.86 GW by 2020, due […]

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