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Global concentrated solar power market to reach USD 8.92 billion by 2025: Research and Markets

Research and Markets in its new report predicts the global concentrated solar power market 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 the market growth. Increasing clean energy adoption over non-renewable fuels is expected to drive the global concentrated […]

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UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India

UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […]

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State Bank of India Floats Fund for Solar Power Projects

SBI has funded 43 rooftop solar power projects with the capacity of 475MW by availing line of credit from World Bank. State Bank of India has signed an agreement with seven companies for funding rooftop solar power projects. The seven companies include Adani Group, JSW Energy, Hinduja Renewables, Tata Renewables Energy, Azure Power, Cleantech Solar […]

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Indian Solar Power Market Witnesses Change in Demand-Supply Landscape

Lack of visibility over project pipeline is forcing solar power developers to bid aggressive tariffs and reconsider strategic options including consolidation. The Indian solar power market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of […]

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United States Decision on Paris Doesn’t Matter For Renewable Growth: Fitch Ratings

Fitch Ratings predicts that power generation from renewable resources has nearly quadrupled in the last decade and expanded more than six times to 770GW at the end of last year. The United States plan to withdraw from the multilateral Paris climate agreement doesn’t matter for the pace of growth for renewables globally, as mentioned in […]

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Powering the future: WElink to start Solar power project in Europe

Dublin-headquartered modular home builder and solar power developer WElink Group is to develop a £200million, 220MW solar farm in Portugal. WElink energy has started construction to build largest privately funded farm solar in Portugal. This power plant will contains 221 MW power and will be unsubsidized. As company claimed it will be the Europe’s biggest […]

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US Energy firm GIP Buying Asia’s largest Renewable Energy Producer

Equis energy biggest renewable energy platform in Asia has cut deal with GIP for $3.7 billion.  United States based firm GIP- Global Infrastructure partner is set to buy Asia’s largest renewable energy producer Equis for $3.7 billion. Singapore based Equis is Asia’s producer in renewable field with Five solar and wind assets in Philippines. Considerate the […]

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Green energy Should Power India: Modi

PM Modi addresses several thousands of people at the grounds, who gathered for a mass recital of Soundarya Lahari, with the set of Shlokas of Indian philosopher Adi Shankaracharya. Bangalore, Green energy like solar power would power India as 175 GW of electricity is expected to be generated from renewable sources, Prime Minister Narendra Modi said. Modi said over Rs 11,000 […]

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Power Minister Singh Asks NISE Scientists to Work on Demonstrative Projects

Addressing scientists, research staff and other guests during the event, Singh said the NISE should aim to establish itself as the world’s leading institute in solar energy through its world-class R&D. Power Minster R K Singh has called upon the National Institute of Solar Energy (NISE) to work with farm and dairy wings of the […]

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