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New Power Generation Capacity Could Be All Renewables only after 2023-24: TERI

“The cost of renewable electricity and its storage is on a steady decline and could stabilise at around Rs 5 per KWh. This would enable India to move decisively towards renewables for future generation. What this ,means is that India has a ten-year window where no new investments are likely to be done in coal, […]

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String Inverter Market size to cross USD 7 billion by 2024: Global Market Insights

India accounted for over 6% of 2015 Asia Pacific string inverter market share and should witness considerable growth on account of increasing clean fuel electricity demand said Global Market Insights Global Market Insights forecasts the string inverter market size to exceed $7bn by 2024. According to the research firm rising demand for continuous and reliable […]

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ReNew Power Raises $475 Million at Cheaper Cost

The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […]

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SECI Gets a Significant Boost to its Credit Rating

Solar Energy Corporation of India has attained a beneficiary position in a tripartite agreement between the Government of India, state governments and RBI. In a very pleasing development for renewable IPPs, Solar Energy Corporation of India (SECI) has been included as a beneficiary in a tripartite agreement between the Government of India, state governments and […]

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ReneSola Provides Solid Outlook for China Distributed Generation Business

ReneSola has put forward an updated outlook for its solar rooftop project pipeline in China ReneSola, a leading fully-integrated solar project developer and provider of energy-efficient products has provided an updated outlook for its solar rooftop project pipeline in China. As of January 31, 2017, the Company had over 393 MW of solar rooftop projects […]

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The Budget Has Provided Renewed Thrust on Renewables: Piyush Goyal

In the New & Renewable Energy Sector, Piyush Goyal informed that the Budget has affirmed target for Solar Power of additional 20,000 MW capacity during next year Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal while addressing the media, said that the allocations have been increased for […]

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Waaree Distinguished with SP 1 A Grading by ICRA

The latest grading by a reputed rating agency showcases Waaree’s credentials and market standing The Indian solar manufacturer and solutions heavyweight, Waaree Energies announces to have secured the highest grading of SP 1A for solar projects. The new accreditation will formally proclaim the highest performance capability and highest financial strength of Waaree Energies to undertake solar projects. […]

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Hero Future Energies Adopts SAP S/4HANA to Power Digital Transformation

By adopting SAP S/4HANA, Hero Future Energies will have a proven foundation to take the lead in this age and transform into a ‘Live Business’ Hero Future Energies has adopted SAP S/4HANA to bring about digital transformation through end-to-end business process integration and provide operational, financial efficiencies across 25 project sites in India. SAP S/4HANA […]

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