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Year End Review 2018 – MNRE

India attains global 4th and 5th positions in wind and solar power installed capacities; India now at 5th global position for overall installed renewable energy capacity A total of 101.83 billion units of power were generated in the country during the year 2017-18 from renewable energy The Government has declared the trajectory of bidding 60 […]

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India Adds Record 1,538 MW of Solar Rooftop by September 30: Report

The report said that the solar capacity is expected to reach 15.3 GW by March 2022 in a scenario where the growth takes place at the current rate. Pioneering as a leader in solar energy, India installed a record 1,538 MW of solar rooftop in the year ended September 30, 2018, bringing the total rooftop […]

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Best Practices for Solar Rooftop

How to Choose the Best Solar System for Your Roof Being a tropical country, India is blessed to have a good amount of access to natural resources like solar. About 5,000 trillion kWh per year energy is incident over India’s land area with most parts receiving 3-5 kWh per sq. m per day. Based upon […]

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BlackRock Sells 14 French Solar Projects to International Consortium

The move will mark the first realization for BlackRock’s renewable power platform and offers Samsung, Samchully AMC and Schroders an attractive foothold into the European renewables power market. BlackRock Real Assets has reached an agreement with the Consortium of Samsung Securities as the financial investor, Samchully Asset Management as the asset manager with Schroder AIDA […]

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AfDB Group Okays $18.17 Mn for Kopere Solar Project in Kenya

Moreover, the bank is also in the process of securing a USD 11.6 million concessional loan from the Climate Investment Fund’s Scaling-up Renewable Energy Program (SREP). The African Development Bank (AfDB) Group has approved a USD 18.17 million senior loan to 40 MWac (50MWp) Kopere Solar Power Project in Kenya. The Kopere project, which falls under Kenya’s Renewable Energy Feed-in-Tariff (FiT) […]

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West Bengal Issues Tender for Two MW Rooftop Project

The tender will also include five years warranty and comprehensive maintenance in residential, institutional, and social sector on turnkey basis. Pushing for solar rooftops in the state, the West Bengal Renewable Energy Development Agency has issued a tender for 2MW of grid-connected solar-rooftop projects to be developed. The tender will also include five (5) years […]

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Rooftop Solar: Democratising Power Generation – One Roof at a Time

Rooftop solar was the fastest-growing segment within India’s renewable energy sector last year, but it is still not growing fast enough. Capacity adwdition in rooftop solar stood at around 870 megawatt (MW) in 2017, a far cry from the ambitious target of 5,000 MW for FY 2017-18. As of December 2017, cumulative rooftop solar installed […]

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Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch

The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […]

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Luminous’ WiFi Enabled Smart Home Inverter, LED Bulbs

The company also launched Luminous Zelio WiFi, a wifi enabled inverter which can be connected to a smartphone with the Luminous app. Luminous recently launched products which are going to make your life a bit more awesome. Launching India’s first wall mounted smart power backup system having an innovative design, long life and no requirement […]

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