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B.Grimm Power Invests $35.2 Mn to Pick 80% Stake in Vietnam’s 257MW Solar Proj

The announcement came just weeks after B.Grimm Power had signed an agreement with Vietnam’s Xuan Cau Group to build and operate a solar farm in Tay Ninh Province with total capacity of 420 MW, which will make it the largest solar power plant in Southeast Asia when it starts operating in mid-2019. Thailand-based B.Grimm Power, the largest unit of […]

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13% of Solar Power Target for FY 2018-19 Met in Q1: MNRE

Out of the solar power target achieved in April-July period, ground mounted solar capacity amounts to 1304.57 MW and roof top solar capacity is reported at 159.59 MW. Ministry of New and Renewable Energy (MNRE) has released the program wise renewable energy achievements met in the first quarter of financial year 2018-19 including the month […]

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MNRE to Explore Possibility of China Joining Int’l Solar Alliance

International Solar Alliance is a treaty-based organization meant to promote development of solar energy in countries between the Tropic of Cancer and Tropic of Capricorn. The government has asked Ministry of New and Renewable Energy (MNRE) to check with its Chinese counterpart for possibility of its China joining the International Solar Alliance. The move is aimed at […]

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Europe Develops Portable Solar ‘Plug and Play’ System under its ‘Horizon 2020’ Programme

The developers claim the cost of energy produced by the portable solar generator to be half the cost of energy produced by diesel generators. European Commission regulated ‘Horizon 2020’ has developed a standalone, easy-to-install, photovoltaic generator, ‘SUNINBOX’, where all the equipment is configured in the factory ready for use as a portable ‘plug and play’ […]

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Poland Passes Amendment to Back Renewable Energy

Waiting for the president’s assent, the amendment aims at reducing the carbon footprint for the country which is heavily dependent on fossil fuel energy. Giving support to the use of clean energy, upper house of the Polish parliament passed an amendment to encourage more investment in Poland renewable energy. Waiting for the president’s assent, the […]

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Viz-A-Viz with Praveer Sinha CEO and MD, Tata Power Company Ltd

Q. As in recent quarters Tata Power’s renewable portfolio proved to be a boon for the financial health of the company. How do you see the future of the company’s renewable segment in the country in coming years? As Tata Power aims to achieve up to 40% of its generation capacity from non-fossil fuel by […]

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TechnipFMC India CSR Initiative Seed of Hope Wins Special Recognition From UN Global Compact Network India (GCNI)

TechnipFMC (NYSE: FTI) (PARIS: FTI) has received a special recognition award for their flagship community development initiative in India, ‘Seed of Hope’, at the 13th National Convention 2018 held by Global Compact Network India on 8th June 2018 at Shangri-La, Bengaluru. Over 65 entities from private sector, public sector, NGOs and academic institutes contested in […]

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Financing Indian Sun

After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […]

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A Path breaking Journey in Renewable Energy through last 4 years

Last 4 years have been path-breaking in India’s renewable energy landscape. Renewable power installed capacity has already reached over 70 GW. Over 40 GW renewable power capacity is under construction/tendered. Globally, India stands 4th in wind power 5th in renewable power and 6th in solar power installed capacity. Solar energy capacity increased by over 8 […]

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