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RE projects

Old Mutual to Build 50 MW Solar Power Plants in Zimbabwe

The projects will entail the construction of two solar power plants in Gwanda and Chipinge Old Mutual plans to construct solar power projects in Zimbabwe with capacity to generate at least 50 megawatts, a senior official has said. The projects will entail the construction of two solar power plants in Gwanda and Chipinge, Old Mutual […]

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HDFC Ergo Designs Solar Energy Shortfall Insurance Policy to Cover Losses

HDFC Ergo has designed the policy to provide insurance against losses arising out of nontraditional and non-physical damage related risks that solar projects face. In a significant development, HDFC Ergo General Insurance Company has designed a solar energy shortfall insurance policy to insure bidders against the likely loss of business if the generation doesn’t meet […]

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Patanjali Ayurved to Foray Into Solar Power Equipment Manufacturing

Patanjali Ayurved, which started its operations in 2006, has an impressive growth rate with increasing its revenue more than five times. After excelling in consumer goods products market, Patanjali Ayurved Ltd, owned by Baba Ramdev is all set to foray into the manufacturing of solar power equipments. This will be the company’s first exposure to […]

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Solar Power Benefits: South Mumbai Mosque Cuts Power Bills by 67 percent

This is the third mosque in south Mumbai after Minara Masjid at Mohammed Ali Road and Zakaria Masjid in Masjid Bandar to adopt solar power. South Mumbai’s 200-year-old Jama Masjid in Kalbadevi is utilizing solar power and it makes 70 percent of its electricity requirements, with an expected saving of 35 tonnes of carbon dioxide […]

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Egypt Launches New Solar Power Project

The new solar power project in Egypt is being executed by the Industrial Modernization Center and the United Nations Development Program In a significant development, Egypt has launched a new solar power project called “Grid-connected Photovoltaic Power Systems – Egypt PV”, which is implemented by the Industrial Modernization Center (IMC) and the United Nations Development […]

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Fortum to Buy 35 MW of solar power capacity in Russia

The Finnish power utility has agreed to acquire three solar power companies from Hevel Group in Russia. Finnish power utility Fortum has agreed to acquire 35 MW of solar power in Russia from local group Hevel. The Finnish company said the seller was Russian solar module maker and project developer Hevel Solar, without disclosing the […]

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Solar Power Boosts Agricultural Efficiency By 60%, Proves German Project

The outcome of the project turned out to be a huge success as it proved that combining solar power with agriculture increases efficiency by up to 60 percent. Has solar power really boost agricultural production and efficiency of land use? The question has remained in news for a long time. Finally, Germany actually took the […]

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World Bank’s IFC Funds CleanMax Solar with $15 Million

IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […]

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Rituals For BHEL Haridwar’s 5MW Interactive Solar PV Plant Done

The plant will help achieving the electricity requirement of HEEP unit of BHEL Haridwar of about 92 lakh electricity units per year. A 5MW grid interactive solar PV plant to be set up at BHEL Haridwar, had its land rituals (Bhoomi Pujan) performed by General manager (in-charge) HEEP (Heavy Electricals Equipment Plant) Sanjay Gulati and […]

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