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IREDA reports 5.56% decline in net profit

Indian Renewable Energy Development Agency (IREDA) has reported a 5.56 per cent decline in net profit at Rs 151.49 crore during the six months period that ended on March 31. IREDA in a BSE filing said that the company had a net profit of Rs 160.42 crore in the same period a year ago. The […]

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Mississippi Power and Origis Energy inaugurates 52MW solar facility in Lamar County

Mississippi Power and Origis Energy, along with officials from the Area Development Partnership and Lamar County, held a groundbreaking ceremony for state’s largest solar facility. The USD 100 million facility will generate 52MW electricity which can power approximately 8,000 homes, said the company in a statement. Mississippi Power will receive all energy and associated renewable […]

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Tata Power Renewable Energy bags 100 MW solar project in Karnataka under NSM

Tata Power Renewable Energy (TPREL) has bagged two solar grid connected photovoltaic projects of 50 MW capacities each in Pavagada Solar Park in the Tumkur district of Karnataka. The projects have been awarded through OPEN category under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase-Il Batch-Il Tranche-l under ‘State Specific Bundling Scheme’. TPREL has received […]

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MNRE sets target for Commercial & Industrial sector for FY 2016-17

Ministry of New and Renewable Energy (MNRE) is implementing a Grid connected Rooftop and Small Solar Power Plants Programme. The Government has set a target of 40,000 MWp of grid interactive rooftop solar (RTS) PV plants by 2022. These RTS   plants   will   be   set   up   in   residential, commercial, industrial,   institutional, Government/ PSU sectors ranging from […]

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HPSEBL and SECI joint venture Corporation to set up a solar power project in Kaza

Himachal Pradesh Electricity Board Limited (HPSEBL) and Solar Energy Corporation of India (SECI) has formed a joint venture corporation (JVC) named Himachal Pradesh Solar Power Corporation Ltd to set up a solar power project in Kaza. PC Negi , MD of HPSEBL and managing director, SECI signed the agreement in the presence of Chief Minister […]

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UNSW engineers set a new world record in solar cell efficiency

Engineers at the University of New South Wales have developed a new solar cell configuration that is 34.5 percent efficient at converting unfocused sunlight into electricity. The new solar cell is 44 percent better than the previous record – made by Alta Devices of the USA, which reached 24% efficiency with a larger solar array. […]

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GE Energy Financial Services connects 32 MW PV mega-solar project in Okayama Prefecture, Japan

GE Energy Financial Services and Virginia Solar Group have started commercial operations on its jointly owned 32-megawatt Pacifico Energy Kumenan Mega Solar Project in Okayama prefecture, Japan. As one of largest solar power plants in the prefecture, Kumenan Solar Project has been operating with enough power to meet the demands of 11,000 Japanese households since […]

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Energy, Inc. announces new hardware and software for peak demand management of electricity usage

Energy, Inc. has announced new hardware and software that will provide instant, reliable and accurate monitoring of Peak Demand. Heretofore consumer had no way of managing or controlling their Demand charge – a new rate strategy being promoted (and in some instances, required) by electric utilities nationwide. The TED (The Energy Detective)Pro  series offers a […]

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Indian Railways all set to conduct trial of its first solar-powered train

Indian Railways is all set to conduct trail of its first solar powered train in Jodhpur, Rajasthan.  The solar power will be used for internal electricity gadgets and the train will be pulled using diesel-run engines. North Western Railways PRO Gopal Sharma speaking to ANI said “Solar panels have been installed on top of the […]

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