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Tata Power Delhi Distribution and GIZ Sign MoU for Renewable Energy

The Memorandum of Understanding includes Tata Power and GIZ to work jointly for the achievement of common goals and utility objectives related to promotion of grid-connected solar rooftop PV, energy storage system, electric vehicle and smart grid initiatives. Tata Power Delhi Distribution, Indias leading power distribution company and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have []

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UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India

UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to []

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State Bank of India Floats Fund for Solar Power Projects

SBI has funded 43 rooftop solar power projects with the capacity of 475MW by availing line of credit from World Bank. State Bank of India has signed an agreement with seven companies for funding rooftop solar power projects. The seven companies include Adani Group, JSW Energy, Hinduja Renewables, Tata Renewables Energy, Azure Power, Cleantech Solar []

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Fonrich FR-PVMBPVSx Module Monitoring Device

Product Brief The Fonrich FR-PVMB-PVSx Module Monitoring Device is used to monitor the working status of every module and send these real-time data to a specific data collector through PLC communication. Realtime data is an essential part for intelligent maintenance of PV plant. Product Feature Named Gilgal2 and Gilgal3, these are designed for 1000V and []

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Luminous NXi Grid Tied Inverter

Product Brief Luminous NXi Grid Tied Inverters are powerful inverters that convert DC electricity into AC, It is also called On-Grid system which works without battery. The main purpose of Grid tied inverter is to supply power from Mains supply to home/offices and feed the Generation of solar power to mains supply. Product Feature NXi []

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Indian Solar Power Market Witnesses Change in Demand-Supply Landscape

Lack of visibility over project pipeline is forcing solar power developers to bid aggressive tariffs and reconsider strategic options including consolidation. The Indian solar power market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of []

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Scatec Solar Closes Financing for 400MW Solar PV Plant in Egypt

The six solar PV projects totaling 400MW involving a total investment of USD 450 million are located in the Benban solar park in Aswan in Upper Egypt. Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions []

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United States Decision on Paris Doesnt Matter For Renewable Growth: Fitch Ratings

Fitch Ratings predicts that power generation from renewable resources has nearly quadrupled in the last decade and expanded more than six times to 770GW at the end of last year. The United States plan to withdraw from the multilateral Paris climate agreement doesnt matter for the pace of growth for renewables globally, as mentioned in []

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Powering the future: WElink to start Solar power project in Europe

Dublin-headquartered modular home builder and solar power developer WElink Group is to develop a £200million, 220MW solar farm in Portugal. WElink energy has started construction to build largest privately funded farm solar in Portugal. This power plant will contains 221 MW power and will be unsubsidized. As company claimed it will be the Europes biggest []

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