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NTPCs Ananthapuram Solar Park Auction tariffs floated at Rs 2.8 per unit

Earlier, in the last weeks of March, the bids in the auction of 500 MW were in range of Rs 2.98-3.06 per unit. However, dismayed with the tariff rates, the government of Gujarat cancelled the auction and may re-issue new tenders soon. In a latest auction for 750 MW at Ananthapuram Solar Park in Andhra []

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ReNew Power to Acquire Five Renewable Energy Firms for Rs 6,000 cr

The transaction is expected to be completed by September this year. Gurgaon based ReNew Power is mulling to buy five renewable energy companies in the solar and wind energy space, with combined capacity of nearly 680 MW for about Rs 6,000 crore. Moreover, the transaction is expected to be completed by September this year. Also, []

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India Rapidly Progresses Towards Renewable Energy, says R K Singh

India is making quick progression in the field of renewable energy and the government is committed to achieving the said target by 2022, said Minister of Power and New Renewable Energy (MNRE), R K Singh. Indias set target of touching 175 GW of renewable energy capacity addition has already seen the accomplishment of 70 GW []

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Lucknow University Shifting From Conventional to Solar Power

The Lucknow University has signed a memorandum of understanding (MoU) with HFM Solar Power for installation, engineering, production and maintenance of solar power in the university. Shifting completely form conventional source of energy to solar power, Lucknow University has decided to install the solar power facility on both of its campuses. The Lucknow University has []

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Heraeus Photovoltaics Expands Expertise Beyond Paste- To Unveil New Products at SNEC

The introduction of new cell technology will be presented at 2018 SNEC International Photovoltaic Power Generation and Smart Energy Exhibition & Conference (Booth W3-510).   In order to expand its portfolio and add new products in the industry Heraeus Photovoltaics, a leading technology solution provider for the renewable energy industry, is set to unveil a []

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RBI Cancels Govt Request to Ease Norms for Stressed Power Cos

RBI has stated that it is for lenders, administrative ministries, and the developers to find the solution as the regulator wont give any special treatment to a particular sector. Power Projects worth 20,000 MW are at the verge of liquidation, as the Reserve Bank of India (RBI) has rejected the governments demand to ease the []

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Solar at Forefront of Indias Electricity Generation: IEEFA

A number of announcements in this April show momentum building. Solar technology continues to advance, with floating solar, hybrid wind-solar-battery and blended solar-thermal tariff developments now underway. Touching yet another milestone India in the years 2017-2018 installed 10 GW of solar electricity capacity across the country. As compared to previous years the capacity addition is []

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Eastmans Maintenance-Free Gel Batteries Successfully Hits Energy Storage Market

The highlight of gel batteries is that the electrolyte contained in it does not flow like a liquid ensuring an instant start and long-lasting performance. The gel batteries manufactured by Eastman Auto and Power Ltd, a leading company in the energy storage segment and solar solutions, are making a mark in the power backup market []

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Renewable Energy Industry Creates 5 Lakh New Jobs Globally

In a recent report published by International Renewable Energy Agency (IRENA) titled Renewable Energy and Jobs Annual Review, it says the 10 million mark was surpassed for the first time as the industry gave jobs to around 10.3 million in 2017. In a steep growth in 2017, renewable energy industry created over 500,000 new []

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