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ET Energy

Chandigarh grain, fruit, and vegetable market to run on Solar Power

The UT Administration on Monday in a meeting chaired by Deputy Commissioner Ajit Balaji Joshi discussed plan for newly proposed grain, fruit, and vegetable market in Sector 39. The administration also decided that the market will run on solar power and will have green technology features. Joshi has set target of one-year for the completion […]

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Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015

Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […]

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Cost of Solar energy is less than that of conventional energy: Piyush Goyal

Power, Coal and New & Renewable Energy Minister, Piyush Goyal speaking at a lecture organized by Mahratta Chamber of Commerce and the Pune International Centre of State (IC) said energy is important part of our ecosystem and setting up of a multilateral Agency of International Solar Alliance is a demonstration of our concern for issues […]

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EDF Renewable Energy signs 15 year PPA with a California Utility for 111 MWac Solar Project

EDF Renewable Energy has signed a 15-year Power Purchase Agreement with Southern California Edison (SCE) for 111.2 megawatt alternating current (MWac) solar project. The Valentine solar project will deliver clean electricity to SCE starting December 2019. Valentine Solar spreads across 1,260 acres of private land in Kern County’s Mojave Desert, adjacent to company’s Catalina Solar […]

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ABB, IIT Madras enters into R&D partnership for microgrids & green energy

ABB on Tuesday signed a memorandum of understanding with the Indian Institute of Technology Madras (IIT-M) to build microgrids as well as joint R&D in the field of rural electrification, utilization of natural non-fossil resources, battery energy storage and their connection to loads and main grid. The MoU signed also includes internship opportunities to post […]

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ABB India, Welspun Energy reach 700MW of installed solar PV in India

Supplier of solar photovoltaic (PV) inverters ABB and developer Welspun Energy today announced that together they have installed about 700 MW of solar photovoltaic projects across several states in India.  It includes a key project of 52 MW on PPP (pubic-private partnership) for Maharashtra State Generation Company at Baramati. “By setting up large scale solar […]

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Two solar PV projects worth Rs 3,104 crore get NTPC board approval

NTPC board has accorded approval to investment proposals worth Rs 3,104 crore for solar PV projects in Madhya Pradesh and Rajasthan. Power major NTPC has informed BSE that the Board of Directors of the Company at its meeting held on March 30, 2016, has accorded investment approval for Mandsaur Solar PV Project (5×50 MW) in […]

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Analog Devices introduces ADSP-CM41x series of mixed-signal control processors to lower solar energy cost

Analog Devices has introduced ADSP-CM41x series of mixed-signal control processors. The ADSP-CM41x series is designed to simplify system design, lower cost, and improve efficiency and safety in solar, energy storage, and electric vehicle infrastructure said the company in a statement. Price of solar panels and battery systems has dropped in recent years, creating the need […]

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