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asset management

IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects

L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […]

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India’s Energy Transformation from Fossil Fuel to Renewables is Gaining Rapid Momentum: Experts

“Measures taken by the Indian government to improve energy efficiency coupled with ambitious renewable energy targets and the plummeting cost of solar has had an impact on existing as well as proposed coal fired power plants, rendering an increasing number as financially unviable,” India’s decision to cancel nearly 14 gigawatts of coal-fired power stations coupled […]

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QOS Energy opens new office in India to meet the growing demand of its customer base

QOS Energy helps utilities, IPPs, O&M service providers and asset managers to maximize return on investment using powerful data-driven decision making tools (KPIs, Dashboards, and Alerts). QOS Energy has announced the opening of a new office in India to meet the growing demand of its customer base and exploit the opportunities offered by the booming […]

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Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman

“Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […]

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International Finance Corporation to Invest 40 Million Dollars in Tata Cleantech Capital to Promote Renewable Energy Projects

World Bank’s private-sector arm will use the money raised through green bonds to financing environment-friendly Renewable Energy Projects. International Finance Corporation is planning to invest up to $40 million in Tata Cleantech Capital Ltd’s (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure funding. The money raised through green bonds will be […]

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NEXTracker Delivers Advanced Single Axis Trackers to the Largest Solar Power Project in Western Hemisphere

NEXTracker has shipped over 200 MW of its Advanced Single Axis Trackers to the solar power project site in Western Hemisphere. NEXTracker has announced that it has started supplying its advanced single axis trackers to the largest solar power plant in the Western Hemisphere. This grid-connected project of over 750 MW will deliver energy to […]

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SOLAR HOME STORAGE: IS INDIA READY?

The solar industry is churning new dialogues to woo clean energy and become self-reliant for all the modern power needs. When modules gets nodal nudge the billion-dollar market influxes with a proficient game-plan. Climate change concerns, state initiatives including solar portfolio standards, and consumer efforts are resulting in increased deployments of clean technologies. Solar photovoltaics […]

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Utility Scale O&M Practices

India has been moving ahead aggressively with an ambitious programme to reach an installed capacity of 100GW solar power by 2022. Many states are setting up Multi-megawatt solar power installations to herald the arrival of the renewable energy generation. Solar Power Plants are built to last 25 years or more. However, after the Engineering Procurement […]

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Hope for Micro Grids

While perennial sinking prices of renewable energy systems, integrating technologies such as photovoltaic rooftop systems and solar farms into regional grids will require energy storage in the form of batteries and other technologies for load continuity. Currently, about 1.2 billion people in emerging economies lack access to electrical power. The World Bank report claims that […]

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