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Year End Review 2018 – MNRE

India attains global 4th and 5th positions in wind and solar power installed capacities; India now at 5th global position for overall installed renewable energy capacity A total of 101.83 billion units of power were generated in the country during the year 2017-18 from renewable energy The Government has declared the trajectory of bidding 60 […]

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CCEA Approves Sale of Govt’s 52.63% Stake in REC to PFC

It may also allow for cheaper fund raising with increase in bargaining power for the combined entity. The Cabinet has provided its ‘In Principle’ approval for the strategic sale of the government’s existing 52.63 percent total paid-up equity shareholding in Rural Electrification Corporation (REC) to Power Finance Corporation (PFC). The government said in a notification […]

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Global Warming May Cause Decline in India’s Wind Power Potential: Study

However, the researchers found that the Indian monsoon is weakening as a result of warming waters in the Indian Ocean, leading to a steady decline in wind-generated power. The warming of the Indian Ocean, caused by global climate change, may be causing a slow decline in wind power potential in India, according to a new […]

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Swelect Gets BIS Certification for Solar PV Modules

The achievement marks yet another milestone in the company’s journey of solar manufacturing excellence, adding to its 30 years’ of experience in energy and power conditioning systems. Solar modules maker Swelect Energy Systems, formerly known as Numeric Power Systems, has received certification from the Bureau of Indian Standards (BIS) for its solar photovoltaic (PV) modules […]

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Jinergy’s HJT Solar Modules Qualified for DEWA Programme

Further, the listed products of the company are JNHM60 (275W to 310W) and JNHM72 (330W to 370W) solar modules featuring leading temperature coefficient of -0.27%/°C, excellent performance in weak light, and ultra-low degradation. The HJT (Heterojunction) solar modules manufactured by Jinneng Photovoltaic Technology, an arm of Jinergy, are listed in equipment meeting eligibility requirements for DEWA […]

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Tariff Drops Further in Uttar Pradesh Solar Project Auction

The lowest price for the bid was quoted by National Thermal Power Corporation at Rs 3.04 per unit; NTPC won 85 MW of the capacity. A commissioning deadline of 21 months has resulted in refreshingly low winning tariff in an solar project auction by the UP New and Renewable Energy Development Agency (UPNEDA). The 500 […]

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Recurrent Energy Inks 25-Yr PPA with Silicon Valley University

This PV project, together with Stanford University’s existing 67 MWp solar PPA and its 5 MWp rooftop installation, will produce enough clean renewable electricity each year to equal the university’s annual electricity consumption. Canadian Solar arm Recurrent Energy Inked a 25-year power purchase agreement (PPA) for the 63 MWac/88 MWp Stanford Solar Generating Station #2. The Stanford […]

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More Then 20% Australian Homes Have Solar Rooftop Installed

With 2 million residents having rooftop solar projects across the nation, the combined generation of electricity amounts to 7.9 GW. With an overall 20.3 percent of Australian residents having a rooftop solar project installed, country’s solar industry is leading the way in the rooftop solar market globally. With 2 million residents having rooftop solar projects […]

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AfDB Approves ZAR 3Bn for 100MW Solar Project in SA

The solar power project, which is located in the Humansrus Solar Park, Northern Cape Province of SA, is expected to generate 466 GWh/year. African Development Bank (AfDB) has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Project, which is expected to boost South Africa’s (SA’s) energy mix and hasten transition to renewable energy. […]

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