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CCEA Approves Sale of Govt’s 52.63% Stake in REC to PFC

It may also allow for cheaper fund raising with increase in bargaining power for the combined entity. The Cabinet has provided its ‘In Principle’ approval for the strategic sale of the government’s existing 52.63 percent total paid-up equity shareholding in Rural Electrification Corporation (REC) to Power Finance Corporation (PFC). The government said in a notification […]

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CEA Marks Peak Power Deficit for April-July at 0.9%

The report for peak power deficit has been projecting against the CEA’s forecast that said India would be a power surplus country by 2018-19 with energy and peak power surplus at 4.6 and 2.5 percent respectively. Central Electricity Authority (CEA) has asserted country’s peak power deficit at 0.9 percent and overall electricity deficit at 0.6 […]

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Viz-A-Viz with Philippe Montarnal, Second Counsellor | French Embassy in India Head CEA office in India

Q. What are the new trends which are shaping the Solar Energy market specifically to Indian scenario? The current Indian Govt. has a strong nudge towards Solar Energy. The Government has proposed many new initiatives to woo the tech corridors? What are your comments to it? India’s renewable energy sector is booming. After his election […]

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Vikram Solar Join Hands with France’s CEA to Drive Innovative Technology R&D

The deal was signed to enhance Research and Developments (R&D) on high efficiency crystalline silicon cells, modules, systems and a host of high efficiency generation and storage technologies for French and Indian markets. India’s one of the leading solar manufacturer and EPC player Vikram Solar has signed a collaboration pact with the French Alternative Energies […]

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Dedicated R&D Department Needed in CEA, Says R.K. Singh

Only way of improving life and system is questioning. This is the spirit I look for in my system, he added. R.K. Singh, Union Minister of State (IC) for Power and New & Renewable Energy, has stressed upon the need of a dedicated R&D department in CEA to coordinate the research in power sector. The […]

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MNRE Ceases Empanelment Of Channel Partners Under Grid Connected Rooftop and Small Solar Power Plants Program

An auction of up to 21GW solar and wind capacities combined to be issued by the Ministry of New and Renewable Energy (MNRE) by March 2018. In an official notice dated of 23 November 2017, The Ministry of New and Renewable Energy (MNRE) declared the discontinuation of empanelment of channel partners under grid connected rooftop and […]

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India’s Overemphasis on renewable energy would affect thermal power projects: CEA

“Rapid changes in technology are promising to help realize the promise of renewables. This is an eminently desirable development and one that India is attempting both to benefit from and accelerate. At the same time, these changes need to be seen in the context of India’s current economic situation and its enormous endowments of coal […]

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Haryana Government signs MoU with Prestige Ocean Holding for 100MW solar project

Leading Chinese company Prestige Ocean Holding and Investments Limited has signed a Memorandum of Understanding (MOU) with Haryana Government for the setting up of 100 MW solar power projects in the State with an investment of 500 crore. Haryana Principal Secretary, New and Renewable Energy Department Ankur Gupta signed the agreement on behalf of the […]

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SUNation Solar Systems Donates Free Solar System To A Long Island Veteran’s Family In Oceanside, NY

Ronkonkoma-based SUNation Solar Systems’ not-for-profit organization, SUNation Cares, turned on a donated solar system at the home of a deceased Long Island veteran’s family today.  The award-winning company donated a complete rooftop solar-electric generating system and the gift of electricity for decades to come to the family of the late Thomas Howell III of Oceanside, […]

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