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HDFC Ergo Designs Solar Energy Shortfall Insurance Policy to Cover Losses

HDFC Ergo has designed the policy to provide insurance against losses arising out of nontraditional and non-physical damage related risks that solar projects face. In a significant development, HDFC Ergo General Insurance Company has designed a solar energy shortfall insurance policy to insure bidders against the likely loss of business if the generation doesn’t meet […]

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International Solar Alliance Developing Risk Mitigation Mechanism to be Ready in a year

The International Solar Alliance will become a treaty-based international intergovernmental organisation on December 6, 2017. A mechanism for reducing the risks associated with financing of solar power projects and make them workable under the aegis of the International Solar Alliance (ISA) is set to be rolled out in a year, the Ministry of New and […]

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ISA to become a Treaty-based International Intergovernmental organization tomorrow

46 countries sign and 19 ratify the Framework Agreement of ISA In terms of its Framework Agreement, with ratification by Guinea as the 15th country on 6th November 2017, the International Solar Alliance (ISA) will become a treaty–based international intergovernmental organization tomorrow on 6th December 2017. The ISA, headquartered in India, has its Secretariat located […]

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Patanjali Ayurved to Foray Into Solar Power Equipment Manufacturing

Patanjali Ayurved, which started its operations in 2006, has an impressive growth rate with increasing its revenue more than five times. After excelling in consumer goods products market, Patanjali Ayurved Ltd, owned by Baba Ramdev is all set to foray into the manufacturing of solar power equipments. This will be the company’s first exposure to […]

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Egypt Launches New Solar Power Project

The new solar power project in Egypt is being executed by the Industrial Modernization Center and the United Nations Development Program In a significant development, Egypt has launched a new solar power project called “Grid-connected Photovoltaic Power Systems – Egypt PV”, which is implemented by the Industrial Modernization Center (IMC) and the United Nations Development […]

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EkoRE to Install 15 MW solar plant in Ukraine

The Turkish EPC contractor is also planning to install rooftop PV systems on several public buildings of the city of Ochakiv. The City Council of Ochakiv, small city in the Mykolaiv region of southern Ukraine, has signed a memorandum of understanding (MoU) with the Turkish solar and renewable energy project developer Eko Renewable Energy Inc. […]

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MNRE Releases List of Sanctioned Solar Parks under the Solar Park Scheme

Solar parks across various states in the country, each with a capacity of Solar Projects generally above 500 MW will be built. In a bid to provide clean energy to the citizens of India PM Narendra Modi earlier has revised national solar mission capacity from the current 22 gigawatt (GW) to 100 GW by 2022.  The […]

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Solar Power Boosts Agricultural Efficiency By 60%, Proves German Project

The outcome of the project turned out to be a huge success as it proved that combining solar power with agriculture increases efficiency by up to 60 percent. Has solar power really boost agricultural production and efficiency of land use? The question has remained in news for a long time. Finally, Germany actually took the […]

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Rooftop Solar Presents a $23 Billion Opportunity in India: Report

Rooftop solar in India will grow inevitably with or without the support of power distribution utilities According to a new report released by Bloomberg New Energy Finance (BNEF), India’s 40-GW target for rooftop solar PV by 2022 represents a $23 billion investment opportunity. The report titled, ‘Accelerating India’s Clean Energy Transition,’ which was released at […]

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