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REC Sales up 64 Percent to 21.42 Lakh Units in February

Sales of REC rose over 64 percent to 21.42 lakh units in February compared to 13.02 lakh in the same month a year ago owing to high demand Sales of renewable energy certificates (REC) rose over 64 percent to 21.42 lakh units in February compared to 13.02 lakh in the same month a year ago […]

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Bosch Power Tools Hires Nishant Sinha as Regional Business Director India & SAARC

Bosch Power Tools India, an arm of Bosch Group, has appointed Nishant Sinha as Regional Business Director for India & SAARC regions for the company. With Sinha’s appointment the company aims to accelerate its growth via greater consumer connect and focused channel expansions for deeper market penetration of the power tools division. He brings with […]

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ANU Researchers set Efficiency Record of 27.7% With Tandem Solar Cells

Researchers at ANU have set a new record for the conversion efficiency of 27.7 percent for mechanically-stacked perovskite-silicon solar tandem cells. The future of solar technology is almost reality, with researchers at The Australian National University (ANU) setting a new record for the conversion efficiency of sunlight into energy. The researchers have set a new […]

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MSEDCL 500 MW Solar Tender Receives Only 2 Bids Worth 350 MW

MSEDCL latest tender for the long-term procurement of power from 500 MW solar projects has received only two bids worth a combined 350 MW. The Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) latest tender for the long-term procurement of solar power from 500 MW of intra-state grid-connected projects (Phase – V) has been undersubscribed by […]

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‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees

The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […]

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Parliamentary Panel Directs MNRE to Avoid Further Delay in RE Targets

A Parliamentary panel has asked the MNRE to identify weak areas and take corrective actions without any further delay in meeting RE targets. A Parliamentary panel has expressed dismay over Ministry of New & Renewable Energy (MNRE) missing targets continuously and has suggested the ministry to identify weak areas and take corrective actions without any further delay. The Ministry […]

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Green Energy Projects Received Rs 1.34 lakh Crore in Investments Over last 3 years

Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, the Parliament was informed by RK Singh. Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, Parliament was informed on Thursday. “Based on standard capital cost per MW, an […]

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US Energy Storage Market Sets Power Capacity Record in Q4 2019

The US energy storage sector set a power capacity record in Q4 2019, deploying 186.4 MW and 364.2 MWh of storage. The United States (US) energy storage sector set a power capacity record in Q4 2019, deploying 186.4 megawatts (MW) and 364.2 megawatt-hours (MWh) of storage. According to Wood Mackenzie and the US Energy Storage […]

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Canadian Solar Sets 23.81% World Record Efficiency for Silicon Solar Cell

Canadian Solar has announced it has set a world record of 23.81% conversion efficiency for n-type large area multi-crystalline silicon solar cell. Canadian Solar, one of the world’s largest solar power companies, has announced its technology team set a world record of 23.81 percent conversion efficiency for n-type large area multi-crystalline silicon solar cell. The […]

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