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GE Renewable Energy

Bengaluru International Airport to Go Solar by 2020

Our aim is to make the airport 100% renewable-energy powered by 2020. We also plan to increase our consumption through on-site and off-site solar power purchase agreements By the year 2020, the Bangalore International Airport Limited (BIAL) has signed up a target of running its Kempegowda International Airport (KIA) totally on solar power. The power demand per day […]

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Osmania University to Go Solar to Save Monthly Bills

It would cost about Rs 5 crore to set up the infrastructure for a solar power plant to generated one MW power. There is enough land on the campus and we will make use of it to set up the solar power plant To curtail the monthly bills on their power, Osmania University is set […]

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Uttarakhand HC Rules Against Solar Power Panels on Fields

Under the Grid Interacted Rooftop and Small SPV (solar photovoltaic) Power Plant scheme, the Uttarakhand government is promoting the use of small-scale rooftop solar power plants in the state. The National Solar Mission of the Ministry of New and Renewable Energy provides a subsidy of 30% to the applicants. In an order, the Uttarakhand high […]

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AP Tenders 15 MW of Rooftop Solar Projects

The upper tariff cap for this tender has been fixed by NREDCAP at Rs 5 per KW, and the project size will vary from 50 KW to 500 KW. Any bidder can bid for a minimum of 1 MW and the maximum he can bid up to 5 MW. To be developed under the RESCO, […]

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Greenko’s Equity Raise, Acquisition Credit Positive, says Moody’s Report

Greenko will acquire Orange Renewables Singapore for a total enterprise value of approximately USD 922 million, which has 907 MW of solar and wind assets and pipeline assets of over 500 MW. Backing the renewable energy company’s buyout move, credit rating agency Moody’s Investors Service in its report said that, the acquisition of Orange Renewables […]

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Surat to be India’s First Smart City with Solar Power

Under the Mission, the SMC with the investment of whooping Rs 2908 crore, are implementing the development works in the city. The consultative committee members of the Ministry of urban development are on a visit to the city of Surat where they visited multiple projects that are being implemented by Surat Municipal Corporation (SMC) under […]

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Duty Concerns, ISTS Issues May Delay Solar Auctions

NTPC deferred auction of 2,000 MW of solar capacity to the first week of June. However, the state-run power giant did not auction even in the first week of this month. Amid ambiguity about the imposition of 70 percent safeguard duty on solar equipment, there is an apprehension that solar auctions would be dragged further. […]

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Finland’s Fortum to sell 54% Stake in Indian Projects

“This project demonstrates the growing maturity of India’s secondary market for renewables – creating an environment in which private investors have the confidence to invest in new greenfield projects that will accelerate the decarbonization of India’s economy” With an aggregate capacity of 185 MW in India, Finland’s Fortum sign an agreement to sell a 54% […]

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SoftBank CEO Masayoshi Son may Meet PM Modi for $60 Bn Solar Project

Being the hub of investment as far as solar industry is concerned, countries like China and now Japan’s tech giant SoftBank are eyeing to grab a major pie in the clean energy segment in India. In the coming years, India is expected to go through the biggest revolution in solar energy. The country which has […]

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