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Silverpeak Launches Renewable Investment arm to Finance Green Projects

The investment arm will be run by Santosh Raikarwho has joined Silverpeak as the strategy’s managing partner. Ramping up the investment platforms for renewable energy, enewable Investment armsak Renewables Investment Partners will provide an opportunity to institutional investors to invest in renewable technologies such as wind, solar and in the area of energy storage. The […]

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MNRE Plans to Bid 60 GW of Solar Capacity by the Year 2020

Projects worth each 30 GW solar power and 10 GW wind power capacity would be bid out each in the year 2018-19 & 2019-20. To meet the target of achieving 175 GW of renewable energy by the year 2022, the Ministry of New and Renewable energy aims to issue tenders for 60 GW of solar […]

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‘Desert to Power Initiative’ to Provide Solar Electricity to Sahel Region

Tapping in the vast solar energy potential of the region, the initiative is slated to provide green electricity including in some of the world’s poorest countries. In a bid to eradicate energy poverty for 250 million people in the Sahel region of Africa, the African Development Bank (AfDB) is spearheading the ‘Desert to Power Initiative’ […]

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Waaree Energies Launches Indigenously Developed Light-Weight Modules

Overcoming the limitations posed by heavy glass modules, WLW modules are easy to install and can highly benefit the transportation sector in India. Taking the indigenous development of solar modules ahead, Waaree Energies has launched the customizable Waaree Light-Weight (WLW) Modules. The indigenous modules can be customised to any shape and colour. Overcoming the limitations […]

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World Bank and AFD to launch Global Solar Risk Mitigation Initiative

The SRMI is an integrated approach aimed it tackling policy, technical and financial issues, which are associated with scaling up solar energy initiatives. Keeping in line with international Solar Alliance’s ambition of promoting solar energy among member states, the World Bank and Agence Française de Développement (AFD) are developing a joint Global Solar Risk Mitigation […]

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Solar Energy Production in the year 2018-19 was 21.365 Billion Units

Central Electricity Authority (CEA) has reported that the total solar energy production in the year 2018-19 was 21.365 Billion Units (BUs), as on 31.10.2018. The year-wise details of solar energy production since, 2015 are given as under: – S. No Year Generation from Solar Projects (BUs) 1. 2015-16 7.448 2. 2016-17 13.499 3. 2017-18 25.871 […]

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India to Add 10000 MW Renewable Energy Capacity in 2020: Icra

The current trend prediction comes on the back of the fact that the share of renewable energy has been steadily rising in India’s energy mix. Renewable energy capacity addition can be expected to be around 10000 MW in financial year 2019-2020, rating agency Icra has said while maintaining a stable outlook for the renewable energy […]

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Indian Researchers Develop Model to Predict Solar Storm

The study which was published in the journal Nature Communications, also stated that there is a slight possibility of sun-induced climate cooling next year. A team of researchers from the Indian Institute of Science Education and Research (IISER) Kolkata and Inter-University Centre for Astronomy and Astrophysics (IUCAA) Pune have developed a model to predict solar […]

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Fourth Partner Commissions 500 kWp Solar Rooftop Plant in JNU

The solar rooftop plant was jointly inaugurated by United States ex-Secretary of State, John Kerry and Vice Chancellor of JNU, Prof. M. Jagadesh Kumar. Fourth Partner Energy has commissioned a 500 kWp solar rooftop plant in Jawaharlala Nehru University. The solar rooftop plant was jointly inaugurated by United States ex-Secretary of State, John Kerry and […]

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