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Huge growth forecasted for India’s solar sector

India’s solar sector outlook is positive in view of a strong government support for the renewable energy sector to achieve the target of 40GW of installed rooftop solar power by 2022 along with high investor interest, says a report. “We maintain our view that inefficiencies in the power grid infrastructure, power supply shortages and the […]

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NISE invites EoI to impart training on Suryamitra Skill Development Program on PAN India basis

National Institute of Solar Energy (NISE) recently created by converting Solar Energy Centre to function as an Apex National Centre for research and technology development and related activities in the areas of Solar Energy Technologies in the Country. Under the skill development initiatives of the Ministry of New and Renewable Energy, NISE is mandated as […]

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International Solar Alliance to get ratified at forthcoming COP22

The International Solar Alliance (ISA) announced at the climate conference in Paris (COP21), will be ratified at the forthcoming COP22 in Marrakech in November. The ISA ‘s objective is to bring together solar rich countries on a common platform to make joint efforts through innovative policies, projects, programmes, capacity building measures and financial instruments to […]

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Azure Power Announces Pricing of its IPO

Last month Azure Power announced the launch of its initial public offering (IPO) of 6,818,182 equity shares. Now the company has announced the pricing of its initial public offering of 3,409,091 equity shares, including 2,242,424 equity shares to be sold by Azure Power and 1,166,667 shares to be sold by certain selling shareholders, at a […]

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Thrissur Corporation’s 200kW solar plant to be operative by October 15

Thrissur Corporation will be inaugurating its 200kW solar plant on October 15, and is expected to start working on similar projects to meet the increasing demand of electricity through renewable sources in different parts of the state. The newly installed solar plant b Thrissur Corporation at Jaihind Market has a capacity to generate 200 kilowatt […]

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Total corporate funding in the solar sector in Q3 2016 was $3 billion: Mercom Capital Group

Mercom Capital Group has released a report on funding and merger and acquisition (M&A) activity for the solar sector in the third quarter of 2016. According to the global clean energy communications and consulting firm total corporate funding, including venture capital and private equity (VC) funding, public market and debt financing into the solar sector in Q3 2016 was up […]

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Gamesa India intends to manufacture 1500V solar inverters

Country’s major wind turbine company, Gamesa India is ensuring to make its presence felt in Solar by manufacturing inverters at its new blade plant at Nellore, Andhra Pradesh. Ramesh Kymal, company’s Chairman and Managing Director said that the inverters that will be produced at Gamesa India’s facility are the ‘1500V inverters’, for which there is […]

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Renewable energy is a key to Energy Security in the future: Piyush Goyal

Power, Coal, New & Renewable Energy and Mines, Minister Piyush Goyal at ‘Energy Conclave, 2016 – Securing India’s Green Future’ noted that India has its own developmental imperatives in the near future, hence it cannot shun the use of fossil fuels completely from its energy basket. He said it is important to strike a balance […]

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ABB to install solar based micro grid at Vadodara facility

ABB has announced that it will install a fully integrated and standardized micro-grid at its Vadodara facility in Gujarat, India to help boost renewable energy generation while reducing dependency on fossil fuel. This micro-grid, with a rooftop photo voltaic field at the company’s biggest manufacturing location in India with around 3,000 employees, will help ensure […]

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