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GE Renewable Energy

Rupee fall puts Rs 28,000 crore solar projects at risk

With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […]

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Sungrow Creates Awareness about Solar at IIT Patna

The company said in a statement that, “It recently made a compelling success with an open course held in one of Indian well-known university, Indian Institute of Technology Patna (IITP), under the title solar innovation and contribution.” One of the leading inverter solution suppliers for renewable, Sungrow launched an awareness program about solar at the […]

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Renew Power Partners with CII in its ‘Clean Air Better Life’ Initiative for Punjab

Under this program, the company has committed to support 500 farmers from Ludhiana district and provide them access to climate smart technological solutions for farm residue management. India’s one of the leading renewable energy IPP, ReNew Power has collaborated with Confederation of Indian Industries (CII) in its ‘Clean Air Better Life’ initiative to help Punjab farmers; with alternative stubble […]

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JinkoSolar Ranked as Top Performer for 4th Consecutive Yr by DNV GL

The global quality assurance and risk management company, DNV GL, tested over 300 bills of material (BOM) for more than 50 module manufacturers. One of the leading solar module manufacturers JinkoSolar Holding (JinkoSolar) has been recognized as a Top Performer on DNV GL’s 2018 PV Module Reliability Scorecard for the fourth consecutive year. Commenting on […]

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SECI Extends Bid Submission Deadline for 750MW Solar Project in Rajasthan

The deadline for bid submission against the above RfS has been extended to 02.11.2018 (upto 1600 hrs IST), SECI. The Solar Energy Corporation of India (SECI), an arm of the Ministry of New and Renewable Energy (MNRE), has extended the bid submission deadline for ‘selection of solar power developers for setting up of 750 MW […]

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Walmart, SunPower Sign 23 MW Solar Pact

As part of the project, a mix of rooftop and ground-mount solar systems are expected to account for 23 MW, with start of construction targeted for the first half of 2019.   Retail stores chain operator Walmart has reached an agreement with SunPower to have the commercial energy provider install solar systems at 19 stores […]

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Green Climate Fund Invests $1 Bn for Developing Countries

The 19 new projects amount to a total investment from GCF of USD 1,038 million, and including co-financing the projects will channel over USD 4,244 million of climate finance for low-emission, climate-resilient development. The Green Climate Fund (GCF) in its 21st board meeting in Bahrain has approved over one billion dollars of new projects and […]

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India, Bahrain, Lesotho, SA Clinch UN’s Top Honour for Investment Promotion

Invest India received the award for excellence in servicing and supporting a major global wind turbines company in the establishment of a blade manufacturing plant in India while committing to train local staff and produce 1 gigawatt of renewable energy. In another significant development, the agencies – Invest India, Bahrain Economic Development Board (EDB Bahrain), Lesotho […]

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Marathon Capital Sells OCI Solar Power’s 66MW Project Ivory to DESRI

The project, located in Dawson County, Texas, is anticipated to reach commercial operation in November 2018. One of the leading financial advisory and investment banking firm Marathon Capital has sold OCI Solar Power’s 66 MWDC in-construction solar photovoltaic project (Project Ivory) to D. E. Shaw Renewable Investments (DESRI). However, the company said that, OCI Solar Power funded the […]

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