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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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SECI Gets a Significant Boost to its Credit Rating

Solar Energy Corporation of India has attained a beneficiary position in a tripartite agreement between the Government of India, state governments and RBI. In a very pleasing development for renewable IPPs, Solar Energy Corporation of India (SECI) has been included as a beneficiary in a tripartite agreement between the Government of India, state governments and […]

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Odisha Needs Rs 13500 crore Investments in Renewable Energy by 2022

The state government of Odisha has envisaged a renewable energy capacity of 2750 MW by 2022 As Odisha bets big on renewable energy sources to meet its power requirement in the future, it needs an investment of Rs 13,500 crore by 2022, according to the estimates of KPMG. The KPMG analysis is based on the […]

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Maharashtra to Take Joint Venture Route for Solar Energy Push

Maharashtra State Power Generation Company Limited to Adopt Joint Venture Route for Installation of 2500MW Solar Energy in 3 years. Maharashtra State Power Generation Company Limited (MahaGenco) is looking at public-private partnership (PPP) and joint venture routes to undertake works for adding 2500MW grid-connected solar energy capacity in three years. The state power generation utility […]

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The Budget Has Provided Renewed Thrust on Renewables: Piyush Goyal

In the New & Renewable Energy Sector, Piyush Goyal informed that the Budget has affirmed target for Solar Power of additional 20,000 MW capacity during next year Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal while addressing the media, said that the allocations have been increased for […]

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Mytrah Energy signs pacts for 2000 MW Renewable Energy Projects in Andhra Pradesh

Mytrah Energy has signed a deal worth Rs 13000 crore for the installation of 2000 MW Renewable Energy Projects spread across eight districts of Andhra Pradesh Mytrah Energy has signed pacts for 2000 MW of renewable Energy projects worth Rs 13,000 crore in Andhra Pradesh. The MoUs were inked in the presence Chief Minister N […]

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Power Looms to Get Subsidy for Shift to Solar PV Mode

Government will provide financial assistance in the form of capital subsidy for solar PV installation in decentralized power looms Government has approved a new scheme to provide financial assistance in the form of capital subsidy to small power loom units for installation of solar PV (SPV) plants. The scheme aims to alleviate the problem of […]

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