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investment

Hindustan Power to invest Rs 17000 crore in Madhya Pradesh, focuses on solar

Hindustan Power will invest Rs 17000 crore in Madhya Pradesh in the energy sector by 2020. This will account for half of the company’s investment plan across the country by that year. Apart from its 1200 MW thermal power plant in Anuppur district, Hindustan Power, formerly known as Moser Baer, has commissioned a 30 MW […]

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Zhu Gongshan, Chairman of GCL elected as President of Global Solar Council’s new committee

Zhu Gongshan, Chairman of Golden Concord Holdings Limited (GCL) has been elected as President of new committee of Global Solar Council (GSC). GSC is the world’s largest cooperation platform in the photovoltaic (PV) industry. Zhu Gongshan will lead the Council from December 2017 to December 2019. Zhu said that GSC will play a positive role in promoting the PV industry’s development around the globe, by improving policy, technology, and investment […]

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Power generation from renewable energy sources increased to 7.54%: Piyush Goyal

Clean energy share has increased to 7.54% of the India’s total power generation during April-September this fiscal. During this time frame the total power generation of 47.62 billion units out of 631.84 billion units was from renewable energy sources said  New & Renewable Energy Minister Piyush Goyal in Rajya Sabha. Goyal in a statement said […]

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Marathon Capital Announces FLS Energy to be Acquired by Cypress Creek Renewables

Marathon Capital is announced to FLS Energy (“FLS” or the “Company”) is to be acquired by Cypress Creek Renewables (“Cypress Creek”). FLS is a leading owner, operator and financier of distributed generation solar projects and has developed more than 300 MWs of projects across North Carolina and other Southeastern states. In addition to managing the […]

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Operations & Maintenance Best Practices

Electricity generated through coal plants is becoming expensive day by day. Power cuts are frequent, and increasing dependence on diesel generators is causing a lot of damage to the environment. The demand-supply gap for electricity is rising in the country which makes it imperative for people to start thinking of other ways of realizing their […]

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ReNew Power to install solar rooftop for Indian Railways

After successfully securing the highest subsidy allocation from SECI for rooftop solar projects, ReNew Power Ventures has won bids for 5MW solar installations across various locations for the Indian Railways. India’s leading renewable energy development company will invest around Rs 35 crore in these projects which will supply energy to Railways through a 25-year power […]

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Intersolar steps into one of the most promising, but challenging solar markets

The Iranian Deputy Minister for Energy, Dr. Sattar Mahmoudi, and the Managing Director of the Renewable Energy Organization of Iran (SUNA), Dr. Mohammad Sadegh Zadeh, welcomed more than 400 attendees, twice as many as expected, at the first Intersolar Summit Iran in Tehran on November 15, 2016. Main discussions were about grid-integration solutions, financing and […]

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Polysilicon industry to experience severe cut-throat competition in 2018: Bernreuter Research

Bernreuter Research in its new report ‘Polysilicon Market Outlook 2020,’ has revealed that polysilicon industry will experience severe cut-throat competition in 2018. The research firm in its report states that half a dozen polysilicon manufacturers could be pushed out of business by the end of 2018. “Slowing demand from the photovoltaic industry on the one […]

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Demonetization hits solar power bids in Tamil Nadu

Demonetization has hit solar power tenders in Tamil Nadu with many developers unable to put down large volumes of cash needed to purchase the land required. Out of 500MW for which Tamil Nadu Generation and Distribution Corporation (TANGEDCO) floated tenders early this month, 20 bids for only 116MW have been received. For presenting a bid […]

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