SUBSCRIBE NEWS LETTER

investment

Govt. upbeats Solar Power Generation to 48GW by 2019

Eyeing the indigenous growing solar reputation, the government is aiming to extend the solar power generation capacity to 48GW by early 2019, giving an early deed to the promising 100 GW National Solar Mission chalked by 2022. Latest projections from The Ministry of New and Renewable Energy (MNRE), has benchmarked a target generating 48GW grid […]

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Intersolar India joins forces with HUSUM Wind

HUSUM Wind has announced entering into strategic partnership with Intersolar. From October 19 to 21, 2016, the renowned exhibition for wind energy will be represented with a special area at India’s largest exhibition where around 230 exhibitors and over 11,000 visitors are expected to attend and conference for the solar industry in Mumbai. Intersolar in […]

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Two solar PV projects worth Rs 3,104 crore get NTPC board approval

NTPC board has accorded approval to investment proposals worth Rs 3,104 crore for solar PV projects in Madhya Pradesh and Rajasthan. Power major NTPC has informed BSE that the Board of Directors of the Company at its meeting held on March 30, 2016, has accorded investment approval for Mandsaur Solar PV Project (5×50 MW) in […]

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Haryana Government to make installation of solar power plants mandatory

Haryana Government has decided to make installation of solar power plants mandatory for housing societies, industries and other specified categories of buildings. Haryana Principal Secretary, Renewable Energy, Ankur Gupta said notification has been issued in this regard to promote green and clean power and set a high trajectory for solar power generation in the State. […]

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OCL India inaugurates West Bengal’s first and largest 5.5 MW Solar PV Power Plant

OCL India Ltd. a Dalmia Bharat Group company inaugurated 5.5 MW Solar PV Power Plant for use by its cement grinding unit in Salboni, West Bengal.  OCL’s 1.35Mt/yr grinding plant was set up in 2014 with an investment of USD 93m. Representing OCL India’s management team during the inauguration of the solar plant was Director […]

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Reliance’s 100-MW solar power plant in Pokhran commence power generation

Reliance Solar Power‘s 100-MW solar power plant in Jaisalmer, Rajasthan has commenced power generation. The solar plant is based on Areva’s compact linear fresnel reflector (CLFR) technology. CLFR system yields higher power cycle efficiency and deliver less pumping losses as compared to other CSP technologies. Additionally it requires lesser area to operate in comparison to […]

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Piramal, APG to invest USD 132 million in Essel Infra’s Solar IPP venture

Piramal Enterprises and Dutch pension fund asset manager APG Asset Management will invest USD 132 million to power the Essel Infrastructure’s Solar IPP platform across India. Piramal Enterprises Limited will make the investment in Essel Green Energy, the solar arm of Essel Infraprojects Ltd through its Structured Investment Group. Essel Green Energy Private Ltd currently […]

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USAID, ADB signs MoU to develop solar parks across India

The US Agency for International Development (USAID) and Asian Development Bank has signed Memorandum of Understanding (MoU) on Monday for providing Rs 5,681 crore ($848 million) in funding to develop solar parks across India. Under the MoU USAID will align the technical resources of two of its programs to support ADB’s investments in the development […]

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CalPERS buys ownership stake in 550-megawatt solar plant in Riverside County

The California Public Employees’ Retirement System (CalPERS) has announced that it would acquire up to a 25 percent stake in the 550-megawatt solar plant in Riverside County. The Riverside County solar farm was world’s largest solar project when it opened last year. CalPERS’ investment in the farm is seen as welcome news in the industry […]

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