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Global Renewable Energy Investment Market to Grow at a CAGR Of 5.85%: Research and Markets

Research and Markets has released a new report named “Global Renewable Energy Investment Market 2016-2020”. As per the report the global renewable energy investment market will grow at a CAGR of 5.85% during the period 2016-2020. The research firm notes that spending on utility-scale renewable energy projects will be a key trend for market growth. […]

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Indian solar industry to bring bankable investment opportunities at WFES 2107 in Abu Dhabi

India’s top notch solar power enterprises will be showcasing an unprecedented range of investment opportunities at the World Future Energy Summit (WFES) 2017 in Abu Dhabi002E This also follows the Indian government’s plans to add an additional 175 GW of renewable energy to the nation’s electricity supply by 2022. Indian solar developers will bring bankable, […]

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EnSync Delivers a Formal Notice of Default to SPI Solar Under Supply Agreement

EnSync Energy Systems has reported that SPI Solar has failed to meet its purchase obligations under its supply agreement with the Company. EnSync Energy has delivered a formal notice of default to SPI Solar. In the notice the Company informed SPI that to cure its breach of the supply agreement, by November 23, 2016 SPI […]

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NDMC to install solar panels on more than 100 buildings

The power department of New Delhi Municipal Council (NDMC) is planning to set up solar panels at more than 100 buildings within its jurisdiction, making sure to contribute towards renewable energy growth in India. Under the smart city project, the municipal corporation will be installing the solar panels at 102 buildings, of which 74 would […]

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IDFC Alternatives acquires three solar projects from Punj Lloyd

The India infrastructure fund of IDFC Alternatives has bought three solar projects in Rajasthan and Punjab from Punj Lloyd Infrastructure as part of the company’s plan to set up a strong foothold in the renewable energy space through acquisitions — as much as 1 GW in a year or so. IDFC Alternatives signed the deal […]

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Rooftop Subsidy in India

For the huge solar energy potential that remains untapped in India, a considerable amount constitutes of rooftops. With about 0.24bn households spread across the length and breadth of the country, there are enough roofs to generate 40 percent of the total solar generation target to be achieved by the government by 2022. A Solar PV […]

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TANGEDCO releases tenders for solar projects

Tamil Nadu Generation and Distribution Corporation Limited has released tenders for solar power projects in 2016-17. This is the first time the distribution company has floated tenders for solar projects, while the previous ones were scrapped by Tamil Nadu Electricity Regulatory Commission in 2014. Since then TANGEDCO has been signing MoUs at a fixed tariff […]

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