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RE projects

NIT For 1000 MW Solar Projects in North Eastern States

The solar projects will be developed on a build, own and operate basis by the SPDs in northeastern states including Sikkim. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) inviting online bids for setting up of 1000 MW Grid-Connected Solar Power Projects in the North-Eastern States including Sikkim, under […]

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Spain Amends Renewable Energy Targets to 74% By 2030

The Spanish government has raised the RE target for the country to 74% by 2030, taking the expected installed capacity in the electricity sector to 157 GW. Pointing to the far more favourable conditions and constituency for renewable energy in Spain, as compared to say, the US, the Spanish Council of Ministers has approved the […]

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More Than 100 GW of 1500V Solar Inverters to Be Shipped in Next 2 Years

According to a new report, more than 100 GW of 1500V solar inverters are expected to be shipped in the next 2 years. A new report by consultancy firm IHS Market predicts that having grown from just 2 GW of shipments in 2016 to surpass the 30 GW milestone in 2018, 1500V inverters will continue […]

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MTCIL Signs 15 Year Agreement For IRU Fiber Lease in Maharashtra

The first route spans 50 Kms from Kalwa to Padgha. The deal will result in near 100% network uptime from Kalwa (Mumbai) to Padgha link. Sterlite Power’s Convergence business which manages the fiber network of Maharashtra Transmission Communication Infrastructure Link (MTCIL), a joint venture between Sterlite Technologies Ltd and MSETCL (Maharashtra State Energy Transmission Company Ltd) […]

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EBRD Deepens Green Finance in Armenia with €2.5 Mn Loan

Possible investments include technologies such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water efficient irrigation systems. The European Bank for Reconstruction and Development (EBRD) is intensifying efforts to strengthen energy efficiency in Armenia with the launch of a new Green Economy Financing Facility for the country, co-financed by the Green Climate Fund (GCF). Small and medium-sized enterprises (SMEs) […]

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Govt Earmarks Rs 88500 Cr to Spur EV Infrastructure and Curb Pollution

The Indian government has proposed incentives of about Rs 88500 crore in order to help power plants install equipment that will curb emissions and to develop infrastructure for electric vehicles. Out of the allocated budget, a majority of the chunk (nearly 95%) would be used for curbing sulphur emissions from power plants, and the rest […]

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Global Wind Capacity Grew By 51.3 GW in 2018

According to a new report, the wind industry installed 51.3 GW of new capacity in 2018, a decrease of 3.6% compared to 2017, as total installed wind capacity reached 591 GW. The latest data released by the Global Wind Energy Council shows that the wind energy industry installed 51.3 GW of new capacity in 2018. […]

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Waaree Energies Targets Rs 400 Cr Revenue From Rooftop Segment

Targets to commission 100 MW rooftop projects in the coming financial year. Waaree Energies, one of India’s largest solar PV manufacturer, looks towards the rooftop solar and aims at adding close to Rs 400 crore for the financial year ending 2020, exclusively through the segment. Rooftop solar will be one of the key focus segments […]

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Saudi Arabia and China To Boost Renewable Energy Cooperation

Saudi Arabia’s PIF signs MOU with China’s National Energy Administration on renewable energy cooperation, after announcing to make India a regional hub for oil supply. Saudi Arabia’s sovereign wealth fund PIF signed a preliminary deal for investments in China’s renewable energy sector during the visit of Crown Prince Mohammed in China. The news about the […]

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