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Farmers Get Subsidy up to 30% for Installing Solar Water Pumps: MNRE

Till now over 1.85 lakh solar water pumps have been reported installed in the country under the MNRE Programme. In a written reply to a question in Lok Sabha, Union Minister of State (IC) Power and New & Renewable Energy (MNRE), R K Singh mentioned that the ministry is providing subsidy up to 30% of […]

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India’s Report to UNFCCC Claims 175 GW of Green Energy by 2022

India has claimed of achieving new target of about 40 percent cumulative electric power installed capacity from non-fossil fuel based green energy resources by 2030. In the report of Nationally Determined Contributions (NDCs) submitted to the United Nations Framework Convention on Climate Change (UNFCCC) under Paris Climate Agreement, India has claimed of achieving new target […]

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SECI Cancels Solar Bids for 2,400 MW Projects

ACME is the only developer that was allotted the 600 MW SECI solar project which had quoted lowest tariff of Rs. 2.44 per unit. Solar Energy Corporation of India (SECI) has cancelled the allotment of 2400 MW of auctioned solar projects after the auction of 3000 MW of solar projects held on July 13. While […]

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SolarEdge Q2 Net Income Jumps 53% YOY

SolarEdge reported record revenues of $227.1 million, up 8% from $209.9 million in the prior quarter and up 67% from $136.1 million year over year. SolarEdge Technologies, a global leader in smart energy, revealed net income at USD34.6 million, down 3 percent from USD35.7 million in the prior quarter and up 53 percent from USD22.5 million year […]

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Trina Vends Solar Modules to the Largest Private PV Project in Vietnam

Costing upto  US$ 220 million, the Trina project is expected to play a key role in the country’s transformation to renewable energy. Chinese solar panel manufacturer, Trina Solar (TSL) has revealed that it supplies 258MW Monocrystalline PERC double glass modules to the largest private solar photovoltaic (PV) project in Vietnam. The project scheduled to be completed […]

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POWERED Accelerator Selects 1st Cohort of Women Entrepreneurs for Enhancing Access to Energy in India

More than 130 women entrepreneurs applied to the Powered Accelerator program from varied backgrounds, all having created innovative solutions in the energy sector. Ten women entrepreneurs have been selected as the first cohort into the POWERED Accelerator program and will now receive financial and business support to develop their businesses and deliver solutions in access […]

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SolarReserve Commends Sandia National Laboratory’s 40 Years of Research

SolarReserve has partnered with Sandia to test and validate advanced heliostat designs for its utility-scale solar thermal power stations. On the occasion of Los Angeles based National Solar Thermal Test Facility’s 40th anniversary, solar power project developer SolarReserve applauded partner facility’s achievements since the last 40 years. Sandia’s researchers and leaders, government representatives, and industry […]

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Government Plans New Subsidy Policy to Foster Electric Vehicles

The electric vehicles policy would be initiated at a smaller scale initially to let the automobile industry cope with the transition. Promoting the use of electric vehicles (EV), the government is planning to roll out a fresh policy that would regulate minimum subsidy on the segment. The policy would be initiated at a smaller scale […]

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Electricity to farmers through renewable energy sources

The Ministry of New & Renewable Energy (MNRE) is providing subsidy up to 30% of the benchmark cost of the solar water pumps to the farmers under Off-grid and Decentralized Solar PV Applications Programme. Till date over 1.85 lakh solar water pumps have been reported installed in the country under the Programme. The Ministry of […]

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