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Vibrant Gujarat to See RE Deals Worth Rs 50,000 Cr

Gujarat Power Corp Ltd, owned by the Gujarat government, will be laying the foundation stone for one of the biggest solar power park. The 9th edition of the Vibrant Gujarat Global Summit 2019 (VGGS) which is happening from January 18th to 20th, 2019, is expected to witness investment commitment of a massive Rs 50,000 crore […]

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Renewable Source Catered to 52% of Portugal’s Energy Needs in 2018

The balance of trade favoured exports for the third year in a row and amounted to around 5% of domestic consumption. In a massive achievement, Portugal met 52% of its power need through renewable sources, a press release by Portuguese power utility Redes Energeticas Nacionais (REN) shows. Renewable production supplied 52% of domestic consumption, plus […]

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Oakridge Energy Raises Line of Credit for Residential Rooftop Solar

Oakridge will use this money to offer payment plans to home owners who install solar rooftop plants with easy repayment options. One of North India’s leading residential rooftop solar companies, Oakridge Energy has raised the first line of credit from the Indian arm of Dutch social impact investor Oikocredit. The credit has been provided for […]

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Chinese Solar Plant Achieves Lower Tariff than Coal

Making solar power competitive, the tariff from the Golmud plant, developed by the China Three Gorges Group, is 0.316 yuan. Two solar plants in northwest China’s Qinghai Province totaling a capacity of 1 GW were commissioned today. Each plant is having 500 MW capacity. The two solar power bases are managed by National Energy Administration […]

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Growatt Dedicated to Development of Indian Solar Power: Rucas Wang

According to statistics and reports, India is projected to be third largest solar market in the world after China and the US by the end of this year. India stands at a sweet spot to become solar energy major and Growatt is dedicated to the development of Indian solar market for over seven years, Rucas […]

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Sungrow Supplies Turnkey Soln for 35 MW Malaysian Project

The project is known for the country’s first utility-scale PV plant which is equipped with smart monitoring system and set to address issues of energy shortage, efficiency and sustainability of Malaysia. One of the global leading inverter supplier for renewable, Sungrow has recently supplied a 35 MW solar project with it’s turnkey solution including Power […]

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Perovskite Slated to Revolutionise the Solar Industry

Perovskite, which uses a hybrid organic-inorganic lead as the light harvesting active layer could have a conversion rate as high as 37%. Silicon based solar panels which have been in use since the last five decades are soon about to get a tough competition from a new material in development called perovskite. The silicon based […]

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Jordan Earmarks Land for 100 MW Solar Plant

The project will not only reduce the dependence on fossil fuels, but will also result in reduced power cost from small-and medium-sized industries. The Jordanian government recently announced designating land in east Amman for establishing a 100-megawatt (MW) solar power project to support the renewable energy sector. Energy Minister Hala Zawati mentioned that the land […]

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3,217 Million US$ received as FDI in Renewable Energy Sector

Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […]

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