SUBSCRIBE NEWS LETTER

RE projects

Why EPC are Treading in the Solar Race?

Solar has taken the momentum with a cumulative installed grid connected solar power capacity reaching 8,062 MW (8.1 GW) as of 31 July 2016. The ecosystem seems stable as analyst asserts that the solar market in India is set to clan the billion-dollar space. Not much appalling on the WTO setback, Indian Solar manufacturing capabilities […]

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OPIC, ReNew Power enters into an agreement for 100 MW solar project in Telangana

U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has signed an agreement with ReNew of approximately $74 million for a 100 MW solar project in Telangana. Announced during the 22nd session of the United Nations Framework Convention on Climate Change Conference of Parties (COP22), this project is expected to diversify the country’s power […]

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8point3 Energy Partners to acquire First Solar’s 34 percent stake in its 300 MW Stateline solar project

8point3 Energy Partners has entered into an agreement to acquire First Solar’s 34 percent stake in its 300-megawatt (MW) Stateline solar project for USD 329.5 million. The project is expected to generate approximately $32 million in average annual pre-tax cash distributions and has a 20 year contract life. The transaction is expected to close on […]

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Lightsource plans to invest Rs 6500 crores in India

UK-based Lightsource Renewable Energy will invest Rs 6500 crores over the next 2-3 years to set up 1000 MW solar energy projects in India. “The company is looking at developing 1000 MW of solar power projects entailing an investment of Rs 6,500 crore over the next 2-3 years,” Lightsource Renewable Energy Ltd Managing Director and […]

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Tata Power Solar honored with D&B Infra Awards 2016 for operational excellence in solar rooftop space

Tata Power Solar, India’s largest integrated solar company, won the ‘D&B Infra Awards 2016’ in the project based category for financial and operational excellence in commissioning 12 MW solar rooftop project for R.S.S.B. EDUCATIONAL & ENVIRONMENTAL SOCIETY (RSSB-EES). The awards presented by Dun & Bradstreet (DnB), into its 6th edition, felicitated 22 of India’s leading […]

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Adani’s solar module to cost 10-12% more than imported version: Report

Solar modules and solar photovoltaic cells from the house of Adani Group developed under Make in India initiative will reportedly cost higher. Jayant Parimal-Renewable Energy Business CEO, Adani Group speaking to ET said Solar modules and solar photovoltaic cells will be 10-12% higher than the imported versions available in the market. Early this year in […]

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Thermax and FRENELL bags contract for Asia’s first integrated solar thermal power plant from NTPC

Thermax and FRENELL (through its wholly owned subsidiary Novatec Solar Espana, S.L) has bagged contract for Asia’s first integrated solar thermal power plant project at Dadri in Uttar Pradesh from NTPC. The project involves the integration of a concentrated solar field into the Dadri coal fired power station and is expected to be completed by […]

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India and UK to join hands for clean energy R&D centre on solar energy

As a part of their commitment to the Solar Alliance, India and UK will join hands to establish India-UK networked Centre on Solar Energy. While speaking at the India-UK Tech Summit, Prime Minister Narendra Modi said, “We have agreed to establish India-UK Clean Energy R&D Centre on solar energy with joint investment of 10 million […]

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West Bengal to release renewable energy regulations for housing complexes

West Bengal Electricity Regulatory Commission (WBERC) is expected to unveil renewable energy regulations in a fortnight, paving the way for households and housing complexes to install solar rooftop panels and connect the same with the grid. WBERC Chairman R N Sen said, “We are trying to release the renewable energy regulations in the next 15 […]

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