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Electricity Market

Delhi Solar Policy

Delhi Solar Policy Updates 2017 Delhi Solar Policy 2016 released by the Delhi state government applicable for the period, 2016-2020. Promotion for investment climate enabling multiple financial models is the primary focus of the policy. With the major focus on self-owned Capital Expenditure (CAPEX) to third-party owned Renewable Energy Service Company (RESCO) models applied to […]

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How micro-converters and power optimizers help solar panels make hay when the sun doesn’t shine

Everybody wants to get maximum benefit out of their purchase. And the want applies only too well for solar panels. Producing electricity using unconventional sources like sun, wind, geothermal or biogas hasn’t been an easy task. Apart from innovating on surface materials that converts these kinds of sources into electric current, there’s a host of […]

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World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program

The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […]

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TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets

Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL).  The investment […]

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Martifer Solar signs DA with Canadian Solar for a 63MW PV plant project in Mexico

Martifer Solar and its JV MIRE partners have signed a Development Agreement with Canadian Solar for a 63MW solar power project in Aguascalientes, Mexico. The joint venture formed by Martifer Solar Sistemas Solares, S.A., Energía ECG, S.A.P.I de C.V. and Ithaca Environmental Ventures Limited to develop projects in Mexico. MIRE began the development of this […]

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S&C Electric Company completes one of the largest energy storage systems in Ohio

S&C Electric Company has completed one of the largest energy storage systems in Ohio. The 7-MW system located in Minster, Ohio, was built in partnership with Half Moon Ventures (HMV) and the local municipal utility, the Village of Minster. The project at the Minster Solar + Storage Facility was officially inaugurated on May 6 t to the residents of Minster. […]

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SunPedal Ride of 70 days to raise solar awareness in India

IIT Bombay alumnus from Energy Science Department, Sushil Reddy will be riding a solar powered electric bicycle across 5 states and 7000+ kms in India starting 7th May 2016 to raise solar awareness in the country. The SunPedal ride will be of approximately of 70 days which will be done with a support vehicle and […]

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GE to provide 220-megawatt (MW) LV5 Series solar inverters for DEWA’s solar project

GE has confirmed that it will provide 220-megawatt (MW) LV5 Series solar inverters for Dubai Electricity and Water Authority’s (DEWA) solar project in Mohammed bin Rashid Al Maktoum Solar Park. DEWA’s solar project is considered a breakthrough for the solar industry, as the DEWA power purchase contract with ACWA Power had been signed at one […]

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Firms not doing well will not impact India’s solar programmes: Piyush Goyal

Renewable Energy Minister Piyush Goyal at an event organized by industry body CII said that some firms not doing well will not impact the programme’s success reports PTI. When asked about the debt problems faced by SunEdison, Goyal said “there are always certain cases of firms failing all over the world in every industry. There […]

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