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World Bank’s IFC Funds CleanMax Solar with $15 Million

IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […]

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India Should Focus On To Build Solar-Electricity Storage System: Researcher

The process having a mismatch between peak demand and electricity generation period for solar. The Fellow & Area Convenor at the Centre for Resource Efficiency and Governance in The Energy and Resources Institute (TERI), Nitya Nanda emphasized on building a robust storage system for electricity to have balance cost-effective energy mix. Nitya also stated about […]

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A 24MW Floating Solar Power Plant in Tuticorin to Be Setup By SPIC

EDAC Engineering will be responsible to provide support for construction of the floating solar power plant. The Southern India Chamber of Commerce and Industry (SICCI) announced during a conference on ‘Climate change mitigation in manufacturing industries’, to set up a 24MW floating solar power plant to be built by Southern Petrochemical Industries Corporation (SPIC), a […]

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Rituals For BHEL Haridwar’s 5MW Interactive Solar PV Plant Done

The plant will help achieving the electricity requirement of HEEP unit of BHEL Haridwar of about 92 lakh electricity units per year. A 5MW grid interactive solar PV plant to be set up at BHEL Haridwar, had its land rituals (Bhoomi Pujan) performed by General manager (in-charge) HEEP (Heavy Electricals Equipment Plant) Sanjay Gulati and […]

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Hydrogen Fuel for Cars One Step Closer to Reality

The technology, described in a paper in the journal Energy Storage Materials, could be especially useful in rural areas, or to military units serving in remote locations. Researchers at University of California, Los Angeles have designed a device that can use solar energy to inexpensively and efficiently create and store energy, which could be used […]

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Huge Bungala Solar Power Plant To Cater 275MW of Power By 2018

The plant is estimated to create around 350 employment opportunities, the project is expected to be operational by 2018’s third quarter. Bungala Solar Power Plant approximately 10km away from South Australia’s Port Augusta at its north-east side is under construction having a capacity of 275MW, will be among the biggest solar plants in Australia. The […]

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Modi Govt to Step Beyond Renewable Goal With China-Scale Tenders

With renewable energy targets second only to those set by the government of China, India has a long way to go from a current base of 60 gigawatts to reach its ambition of 175 gigawatts in five years. In a bid to fulfill Prime Minister Narendra Modi’s climate pledges, India announced that it will tender […]

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Solar Rooftops to Cater 90 Percent Power To Chennai Corp Buildings

By installing these solar panels, it is assumed that 90 percent of the power needs of the corporation buildings will be met through this project. In a bid to swerve towards clean energy from non-renewable energy, the Greater Chennai Corporation is all set to install solar panels in 1,378 Chennai corporation owned buildings. According to […]

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VINCI Energies Wins the Contract to Build Eight Solar PV Plants in Senegal

The full set of solar PV plants will generate enough power to cover the annual needs of 140,000 people and will avoid atmospheric CO2 emissions amounting to 18,919 tonnes per year, equivalent to the emissions of a car driven 135 million kilometres. VINCI Energies, via its brand dedicated to energy transition – Omexom, has been […]

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