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Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn

Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […]

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UBM India Successfully Concludes 12th Edition of Renewable Energy India Expo

Keen global and local participation, foreign investments & technology breakthroughs marked the show UBM India successfully concluded the 12th edition of Renewable Energy India (REI) Expo, the three day (18th – 20th September 2018) show at the India Expo Center, Greater Noida. This year, the show focused on approaching renewables in a more holistic manner, […]

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GCL-SI, Solarpro Join Hands to Build Solar Park in Hungary

The park will produce enough electricity to supply approximately 9,000 households. GCL System Integration Technology (GCL-SI) and Solarpro Holding AD (Solarpro) has successfully delivered 21 MW Poly Perc modules for the construction of MET Dunai Solar Park one of the largest photovoltaic power plants in Hungary. The park which built on 40 hectares in Szazhalombatta, near Budapest, partially […]

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Punjab Policy on Net Metering for Grid Interactive Roof-Top Solar PV Power Plants

Scope and Application:- (1) This Policy shall apply to the distribution licensee and consumers of distribution licensee of the State of Punjab. (2) The eligible consumer may install the rooftop solar system under net metering arrangement which; (a) shall be within the permissible rated capacity as defined under this Policy. (b) shall be located in […]

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Punjab Solar Energy Policy

1. OBJECTIVES Objective of the state solar policy include:- 1.1 Punjab has considerable potential in NRSE sector which is being harnessed. With a view to maximize the utilization of these resources; this policy aims to achieve the following objectives: To maximise and improve the share of new and renewable sources of energy to 10% of […]

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India’s 40 GW Rooftop Solar Target Ambitious but also Realistic: Experts

The session brought together experts who discussed global market trends, smart business models, and best practices in rooftop solar PV domain in India and Europe. The global experts has supported India’s ambitious goals of achieving 40 GW rooftop solar target by 2022 and termed it as realistic during a session on ‘Rooftop Solar PV Market […]

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India brings the world together to discuss Renewable Energy; global community applauds India’s Role

2nd Global Re-invest 2018 a resounding success The Ministry of New and Renewable Energy hosted the First Assembly of International Solar Alliance (ISA), 2nd Indian Ocean Rim Association (IORA) Energy Ministerial Meet, 2nd Global RE-Invest Meet & Expo that concluded today at the India Expo Mart in the National Capital Region. The three events were […]

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Punjab Solar Capacity Soars to 920 MW in August 2018

The State was having installed capacity of only 9 MW in February, 2012 which has escalated to 920 MW as on August 2018. The Punjab Energy Development Agency (PEDA) during 2nd Global Re-Invest 2018 said in a statement that, across government, we are talking about what is the defining issue of our generation – Climate […]

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Softbank group’s CEO Mr. Masayoshi Son offers free Electricity after 25 years

Chief Executive Officer, Soft Bank Group, Mr Masayoshi Son, addressed the plenary session of the 2nd Global Renewable Energy Investment Meeting and Expo, (REINVEST- 2018), organised by the Ministry of New and Renewable Energy, Government of India. The First Assembly of International Solar Alliance (ISA); the 2nd IORA Renewable Energy Ministerial Meeting and the 2nd […]

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