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Solar and Wind takes a leap ahead in the power war against coal

The battle between clean energy and dirty coal has entered a new phase. The International Energy Agency (IEA), an industry forecaster, this week reported that in 2015 for the first time renewable energy passed coal as the worlds biggest source of power-generating capacity. The IEA, whose projections for solar and wind energy have in the []

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UREDA ropes in 200 farmers to set up solar plant in Uttarakhand

Around 200 individuals in the state of Uttarakhand will be now called as the Power Farmers. The Uttarakhand Renewable Energy Development Agency (UREDA) has roped in natives to set up solar power generation plants on their land. These farmers will directly supply the renewable energy to the state government at a fixed price of Rs []

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Rapid increase in the share of renewables has destabilized the wholesale electricity markets: Capgemini

Capgemini in the eighteenth edition of its annual study, the European Energy Markets Observatory (EEMO) has revealed that rapid increase in the share of renewables has destabilized the wholesale electricity markets. The report published in partnership with I4CE and Vaasa ETT states world Governments have increasingly dedicated budgets to developing renewable energy solutions and building []

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Tesla Ignites Vie in Solar Through its Latest Solar Roof + Storage Integrated Solution

Imagining a solar panel coming with an integrated battery shall go-freak solar fanatics. Tesla seems to have made it possible as Verge reports that Tesla founder and CEO Elon Musk has lately unveiled a portfolio of solar panels armed with batteries. While introducing the revolutionary solution, Musk cites that unlike other solar systems which must []

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Rooftop Subsidy in India

For the huge solar energy potential that remains untapped in India, a considerable amount constitutes of rooftops. With about 0.24bn households spread across the length and breadth of the country, there are enough roofs to generate 40 percent of the total solar generation target to be achieved by the government by 2022. A Solar PV []

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MYSUN receives a funding of $2.5 Million; Hemant Taneja joins the companys board

Recently launched solar marketplace MYSUN (www.itsmysun.com) has received an initial funding of $ 2.5 million. This is the first round of funding after the company was founded by Gagan Vermani and two of his colleagues Divyanshu Sachdev and Gyan Prakash Tiwari in September, 2015 to focus on demand creation, technology, big data, analytics and standardization []

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PM Modi plans state aid package of Rs 210 billion rupee to boost Indias solar industry

The Prime Minister of India, Narendra Modis is planning a 210 billion-rupee ($3.1 billion) package of state aid for Indias solar panel manufacturing industry, according to two officials. The so-called Prayas initiative, short for Pradhan Mantri Yojana for Augmenting Solar Manufacturing, a central-government plan designed to lift Indias installed photovoltaic capacity as well as to []

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Government of India plans to set up solar park in Marathwada

Union Minister of State for Power, Piyush Goyal has said that the Government of India seems quite keen to set up a solar power park in Marathwada if the Maharashtra authorities provide land for it. Stating that the region could be ideal for generating good amount of solar energy, Piyush Goyal stated that government firms []

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Azure Power Announces Pricing of its IPO

Last month Azure Power announced the launch of its initial public offering (IPO) of 6,818,182 equity shares. Now the company has announced the pricing of its initial public offering of 3,409,091 equity shares, including 2,242,424 equity shares to be sold by Azure Power and 1,166,667 shares to be sold by certain selling shareholders, at a []

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