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RE projects

Concentrating Solar Power Market Expected to Reach 8.9 Billion Dollars by 2025

Growing electricity demand along with rising investments to augment the efficiency index will provide an impetus to the concentrated solar power market growth. The global concentrated solar power market is predicted to reach USD 8.92 billion by 2025. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling […]

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Year End Review 2017 –MNRE

Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […]

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US Announces $12 Million to Advance Early-Stage Solar Research

The funding for solar research will advance solar forecasting technologies in a coordinated way with partnerships between national labs, universities, and industry. The U.S. Department of Energy (DOE) announced $12 million in new funding for eight projects to advance predictive modeling capabilities for solar generation. “These models will lead to more accurate forecasts of solar […]

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More than 4,000 Telecom Towers to be Installed in Naxal-Hit Areas by DoT

Vihaan Networks Limited and Himachal Futuristic Communications Limited have installed 2,199 solar power mobile towers jointly in span of four months. As per the official sources, Ministry of Home affairs has guided Department of Telecom to install 4,072 additional mobile towers on immediate basis in naxal-hit areas. A telecom ministry official quoted “Home Ministry has asked […]

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Ultimate Sun Systems Opens New Mumbai Office and Partners with ANB New and Renewable Energy

Ultimate Sun Systems will look to rely upon the experience and expertise from ANB New and Renewable Energy LLP to help the company spread its eco-friendly, energy efficient, and high-return solutions in the crucial Maharashtra region. Ultimate Sun Systems (USS), a renewable energy solutions company has announced the opening of a new office in Mumbai […]

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EIB Invests $150m to Fund Clean Energy Projects in Peru

The two projects are expected to be operational in the first six months of 2018 and will have a total installed capacity of 312MW The European Investment Bank (EIB) is going to invest $150m to the development and operation of a windfarm and photovoltaic (PV) solarpower project in Peru, a country in western South America. […]

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Strict Quality Norms imposed for Solar Equipment and Components to restrict low quality Solar PV equipment in Indian market: Shri R.K. Singh

Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Lok Sabha today, informed that there is no formal specific information relating to any specific solar equipment or component being of low quality and sold in Indian market. Shri Singh further informed […]

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YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector

The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […]

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