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YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector

The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. The new financing []

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The Photovoltaik-Institut Berlin (PI Berlin) to Acquire 100 Percent Shares in SolarBuyer

SolarBuyer has been a well-respected player in the US market for technical risk management and quality assurance services since 2011. As of January 1, 2018, the Photovoltaik-Institut Berlin (PI Berlin) will acquire 100 percent of the shares in the US company SolarBuyer. SolarBuyer is a leading provider of risk management and quality assurance services for []

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Three Solar Projects to Be Launched By Vietnam Based TTC, In First Half of 2018

With a combined investment of about 3 trillion dong ($132 million), the three projects in central and southern provinces of Vietnam will have a total capacity of around 150 megawatts (MW). Vietnam based TTC Corp expects to start construction work for the countrys first three solar power projects in the first half of 2018, its chairman announced. []

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World Record Thin-Film Solar Cell Efficiency of 22.9% Achieved by Solar Frontier

Solar Frontier expresses its gratitude to everyone for their cooperation in achieving this record, namely NEDO and AIST. The worlds largest provider of CIS solar energy solutions, Solar Frontier K.K., has set a new world record for thin-film solar cell efficiency. In joint research with the National Research and Development Agencys New Energy and Industrial []

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Major Policy Initiatives undertaken by Government for increasing share of Renewable Energy in total installed capacity

Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Rajya Sabha today, informed about the major policy initiatives undertaken after June 2014 for increasing the share of renewable energy in total installed capacity. These are as under: Announced a cumulative []

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Hydrogen Producing Floating Solar Cells Developed

A novel photovoltaic-powered electrolysis device which can operate as a stand-alone platform that floats on open water is discovered by the researchers from Columbia University in the US. Floating solar cells competent of utilizing sun energy to produce hydrogen fuel from water have been developed by the scientists. Currently, NASAs space program is using hydrogen []

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Fronius India Aims to Double Turnover in Two Years

Fronius India plans to expand their solar inverter business by entering east and central India, where they see tremendous opportunities for growth.   Fronius India, one of Indias leading supplier of solar PV string inverters, is aiming to double its turnover by fiscal 2019. Commenting on aiming to achieve a considerable increase in market share, []

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