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Maldives Steps Up Renewable Adoption With 5 MW Solar Tender

The 5MW solar system will be developed under design, build, finance, own, operate, and transfer basis. The Government of the Republic of Maldives is implementing the “Accelerating Sustainable Private Investment in Renewable Energy (ASPIRE)” Project and has invited bids from investors for installation of 5MW Grid-connected Solar PV Power System in the Greater Malé Region […]

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New Solar Power Program to Help Electrify Rural Communities in Afghanistan

The initiative is designed to provide electricity to some of the nearly 20 million Afghans who are not connected to the national power grid.  IFC, a member of the World Bank Group, has launched a pioneering program to supply small-scale solar power systems to homeowners across Afghanistan. The pilot program will see the introduction of […]

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EBRD, BSTDB to Finance 57.6 MW Solar Plant in Ukraine

Now, the country is mulling to increase the share of renewables in its energy mix mainly on account of a new solar plant located in the Mykolaiv region. International lenders, the European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade and Development Bank (BSTDB) will be financing the 57.6 MW new solar […]

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Suzlon Energy Losses Grow to Rs 40 Cr in 3rd Quarter

The company’s total income in the quarter came down to Rs 1,112.34 crore from Rs 2,220.25 crore a year ago.  Suzlon Energy, a premier wind energy solutions provider, has reported that its consolidated net loss has widened to Rs 40.07 crore in the December 2018 quarter year-on-year, mainly due to lower revenues, higher forex loss, […]

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SDMC and SECI Sign MoU for 27.5 MW Solar Plants

The agreement has been signed keeping in mind the government of India’s commitment towards green energy and SDMC’s solar initiative. South Delhi municipal Corporation and the Solar Energy Corporation of India have inked a pact to develop two solar plants with a total capacity of generating 27.5 MW of electricity. SDMC officials said that work […]

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Smart Meters in Rural India a Win-Win Soln for All: ADB

ADB decided to support a USD 200 million loan for Energy Efficiency Services Limited (EESL) to implement various demand-side energy efficiency projects in India. International development finance institution Asian Development Bank (ADB) is mulling to scale up satellite communication technology based smart meters projects as it finds it to be a win-win solution for various stakeholders, including […]

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Fraunhofer ISE, EVG Develop New Solar Cell to Convert 1/3 Sunlight into Power

Silicon solar cells dominate the global photovoltaic market today with a share of 90 percent. The researchers of the Fraunhofer Institute for Solar Energy Systems ISE (Fraunhofer ISE) together with the company EV Group (EVG) have developed a new silicon-based multijunction solar cell, which can convert exactly one-third of the incident sunlight into useful electricity. […]

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Canadian Solar announces the Commercial Operation of 19.1 MW Solar Power Plant in Tokyo

Earlier on April 3, 2017, the Company announced it had raised JPY 5.4 billion for the Gunma Aramaki project through a dual-tenor green project bond. Canadian Solar Inc., one of the world’s largest solar power companies, today announced that it has reached commercial operation on its 19.1MWp Gunma Aramaki solar power plant, located approximately 100km northwest of Tokyo, Japan. […]

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Year End Review 2017 –MNRE

Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […]

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