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benefits of solar energy

Budget 2019: Govt Hikes Allocation under FAME Scheme by 34.5% to Rs 195 Cr

The government had allocated Rs 145 crore for the current financial year, as per the Union Budget revised data for the financial year 2018-19. With an aim to provide further boost for the adoption and manufacturing of electric vehicles in India, the Central Government has increased the sum allotted under its ambitious FAME India (Faster […]

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ReneSola Secures Financing for Hungary and Poland Projects

Eiffel Energy Transition Fund will finance ReneSola’s 41.3 MW project in Hungary and 55 MW projects in Poland in the amount of Euro 13,428,000. ReneSola Ltd., a leading fully integrated solar project developer, has entered into a bridge financing agreement with Eiffel Energy Transition Fund for its photovoltaic projects in Hungary and Poland. Xianshou Li, Chairman and Chief Executive Officer of ReneSola, said, […]

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European Companies Set Record For Wind Power Deals

European companies bought a record amount of wind power last year, as businesses looked for greener ways to drive their machinery and data centres. As wind power becomes competitive on price with conventional energy in many countries, big companies have rushed to secure renewable energy to manage costs and reduce their carbon emissions, while boosting their image with […]

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Viz-A-Viz with Ashit Maru, Co-founder, MYSUN

Quality Manufacturing and Easy Financing Needs Serious Attention Local manufacturing and the quality standards of local make has to be addressed and scaled-up as well, if we are to see any major boost as a manufacturing hub for rooftop solar. Quality manufacturing and easy financing are the two factors that have to be taken very […]

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Sterlite Power Initiates Tree Translocation in Indian Power Transmission Sector

The initiative helps to maintain the air filtration, produce sufficient oxygen, reducing soil erosion and conserving the energy. The translocated trees are provided with an alternate habitat within 500 meters, to maintain the balance in the eco-system. Sterlite Power, a leading developer of power transmission infrastructure has launched an initiative to promote greener eco-system while […]

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Nissan Unveils New and Improved EV Leaf e+ with 350 km Range

The “e+” refers to the increased energy density of the model’s 62 kWh battery pack and the higher output of its powertrain. Japanese automaker Nissan ‘s Leaf has been on the EV market for a while now and holds a considerable share of the market. But with just 150 miles of range available, it was […]

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Composite Insulators Market to exceed $2.5 Bn by 2024

Composite Insulators Market is set to grow from its current market value of more than USD 1.5 Billion to over USD 2.5 Billion by 2024; according to a new research report by Global Market Insights, Inc.  The global composite insulators market is expected to gain major traction on account of the fact that the world […]

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NDMC Becomes First DISCOM in India with 100% Smart Metering

EESL installs 50,000 smart meters enhancing consumer convenience and rationalizing electricity consumption in NDMC area The Energy Efficiency Services Limited (EESL), working under the Ministry of Power announced the completion of its project with the New Delhi Municipal Corporation (NDMC). The project concluded with the replacement of 50,000 conventional electricity meters with smart meters in the […]

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REDAVIA Secures $2 M Debt Financing for Expansion in Ghana

“ElectriFI’s funding will be a stepping stone towards the international expansion of our successful delivery model in Ghana,” Erwin added. In order to further expand the leasing of solar assets in Ghana, REDAVIA Global Asset SCA secured a USD 2 million debt financing from ElectriFI to be invested in Ghana in conjunction with the recently signed USD 4 million innovative debt financing deal from responsAbility […]

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