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India’s Renewable Energy Push if Implemented Properly Could Mean a Lot of Jobs

India’s renewable energy push could help tackle poverty in rural communities by providing steady incomes, healthcare benefits, and skill-building opportunities to unskilled and semi-skilled workers. India’s renewable energy push if implemented properly could do more than just slow down global warming. It could help pull millions out of poverty, especially in rural communities. According to […]

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MNRE’s ‘Rooftop Solar Power Plants’ Scheme to Rescue Kashmir From Power Crisis

The scheme will provide government subsidy of 70 percent to the customers generating solar energy and setting up roof top solar plants. During winters the electricity demand in Kashmir rises to up to 1900MWs against the availability of 1200MWs produced by the Power Development Department (PDD) of Kashmir. In order to compensate the additional 700MW […]

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Fortum to Buy 35 MW of solar power capacity in Russia

The Finnish power utility has agreed to acquire three solar power companies from Hevel Group in Russia. Finnish power utility Fortum has agreed to acquire 35 MW of solar power in Russia from local group Hevel. The Finnish company said the seller was Russian solar module maker and project developer Hevel Solar, without disclosing the […]

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Argentina Expects up to USD 3 Billion in Renewable Energy Projects

Argentina believes between $2.5 billion and $3 billion in investment in renewable energy projects Argentina believes between $2.5 billion and $3 billion in investment in renewable energy projects after its government awarded projects to generate 1,408 megawatts (MW) of power, and promised to increase that amount to 2,000 MW. According to the Ministry of Energy […]

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World’s Largest Floating Solar Power Plant to Be Built in Indonesia by UAE’s Masdar and PJB

The plant to be built in about 225 hectares of the Cirata hydroelectric plant reservoir. United Arab Emirates based company Abu Dhabi Future Energy Co (Masdar) and Indonesian power utility’s unit Perusahaan Listrik Negara (PLN) Pembangkitan Jawa Bali (PJB) collaborated to build the ‘To Be’ world’s biggest floating photovoltaic plant of 200MW in PJB owned […]

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ABB Supplies Inverters to Power 20 MW Solar Project in Egypt

ABB said the 20 MW solar project in Egypt was commissioned this year in two phases, and was constructed by Complete Energy Solutions (CES). ABB has supplied its central inverters to power 20 MW solar project in Egypt developed by Middle Eastern EPC contractor Complete Energy Solutions (CES). According to the company statement, the 20 […]

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A 24MW Floating Solar Power Plant in Tuticorin to Be Setup By SPIC

EDAC Engineering will be responsible to provide support for construction of the floating solar power plant. The Southern India Chamber of Commerce and Industry (SICCI) announced during a conference on ‘Climate change mitigation in manufacturing industries’, to set up a 24MW floating solar power plant to be built by Southern Petrochemical Industries Corporation (SPIC), a […]

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Investments in Renewable Energy Sector Could Hit $11T By 2040

India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […]

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