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India shows path for cheaper solar energy: World Bank

“The incentives are clear that moving towards solar energy is better than continuing with the building of coal plants. So we need to find ways of accelerating that process. We hope to come out of these spring meetings with a platform like that in place” It is better to move towards solar energy than to […]

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Hope for Micro Grids

While perennial sinking prices of renewable energy systems, integrating technologies such as photovoltaic rooftop systems and solar farms into regional grids will require energy storage in the form of batteries and other technologies for load continuity. Currently, about 1.2 billion people in emerging economies lack access to electrical power. The World Bank report claims that […]

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Secondary Solar Market in India

with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital.  To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […]

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Meham Sugar Mills Tenders 20 MW Solar Power Project in Haryana

The tender for 20 MW Solar Power Project will include construction, commissioning, and operation and maintenance. Meham Sugar Mills has tendered a 20 MW solar power project to be developed on a build, own, operate and transfer basis. The co-operative sugar mill will provide 80 acres of land on lease for 25 years to develop […]

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SunPower Solar Installation Underway at New Toyota Headquarters

The SunPower solar system is expected to generate enough clean energy to offset approximately 33 percent of the headquarters’ energy needs, reducing Toyota’s reliance on traditional electricity from the grid SunPower has announced that construction has begun on an 8.79-megawatt SunPower solar system at Toyota Motor North America’s new headquarters in Plano, Texas, which the […]

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Kerala, Arunachal Pradesh and Tripura join UDAY

Further, the States of Arunachal Pradesh and Tripura also joined the scheme for operational improvement of the States’ Power Distribution Departments. With this the total count of States/UTs under UDAY reaches 26. State of Kerala and Kerala State Electricity Board Limited exchanged the Memorandum of Understanding (MOU) under the Scheme Ujwal DISCOM Assurance Yojana (UDAY) […]

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VIZ-A-VIZ ANDREW HINES, Business Development Head – South India, CleanMax Solar

Rooftop projects are taking the ramp and opening new avenues for solar rooftop players. This sector is no more in silos with players like CleanMax Solar are popping new stratagem to spur this segment. Notching recent accolades from MNRE and other prime consultancies, CleanMax have perennially catered to affluent MNCs and corporates. The recent 30MW […]

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IFC Mulls Rs 100 cr Investment in CleanMax to Fund 250 MW of Solar Power Projects

CleanMax Enviro Energy Solutions could receive Rs 100 crore to commission more than 250 MW of solar power projects. International Finance Corp, the private sector investment arm of the World Bank, could invest about Rs 100 crore in renewable energy company CleanMax Enviro Energy Solutions, one of the largest solar power solutions providers in India. […]

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