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renewable sources

SBI to Save Rs 30cr Via Investing in Green Energy

The bank now possesses a capacity of 21.23 MW in renewable power source. According to bank, adding the current capacity to 25 MW will help it save Rs 30 Crore annually. State Bank of India (SBI), country’s largest lender said that it expects to save Rs 30 Crore through its investment in solar and wind […]

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Matheran Toy Train Stations in Maharashtra Turns Green

Besides reducing the carbon footprints, the power supply from the renewable sources will significantly bring down the hill railway station’s electricity bill and resulting in savings of Rs 2.07 lakh per year. In a move to boost the use of renewable energy, four stations of Matheran Hill Railway in Maharashtra’s Raigad district have installed solar power and wind energy plants. […]

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NTPC to Quit 50:50 JV with BHEL for Mfg Power Equipments

The JV’s first manufacturing facility at Mannavaram in Chittoor district of Andhra Pradesh started operations in 2016 but had very little orders. NTPC Ltd, formerly known as National Thermal Power Corporation Ltd, has decided to quit its 50:50 Joint Venture (JV) with BHEL, by saying it is not an equipment manufacturer and would rather concentrate on setting up and […]

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Canadian Solar Sells Brazil’s Guimarania Project to Global Power Generation

The project, located in the state of Minas Gerais in Brazil, is under construction and expected to reach commercial operation in the fourth quarter of 2018. Solar PV modules maker Canadian Solar has sold its interest in the 80.6 MWp Guimarania solar energy project in Brazil to Spanish firm Gas Natural Fenosa’s arm Global Power Generation. The project, […]

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Modi Calls for Concessional, Less-risky Financing for Solar Projs

We have to increase the share of solar in energy mix, says PM Modi. In a move to raise the share of solar power in the energy basket, provide cheaper electricity and cut carbon emissions, the Prime Minister Narendra Modi has called for the concessional financing and less-risky funds for solar projects. While speaking at the founding conference of the International […]

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India will Achieve Installed RE Capacity Target Before 2022: MNRE Secy

International Solar Alliance (ISA) will help mobilise sufficient funds for solar energy projects. The Ministry of New and Renewable Energy (MNRE), Secretary, Anand Kumar said that India would achieve its target of installed renewable energy capacity of 175 GW well before 2022 for which bidding process would be completed on time. Anand Kumar while speaking […]

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Gigawatt of Storage in 2018?

From a Gigawatt dream storing capacity to watt-hour storage, through decades the glorified history of technology is meekly stored with the wonk of storage development. The interdependency to make solar power modus operandi is the associated technology which can store the continuous flow of electricity and deliver it diligently on the time of respective requirement. […]

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ISA Biggest Global Achievement after Paris: PM Modi

We have added more than 14 Giga-Watts to solar energy generation which was just about 3 Giga-Watts 3 years back, the Prime Minister said. Ahead of the first International Solar Alliance (ISA) Summit in Delhi on March 11, 2018, the Prime Minister Narendra Modi termed the solar alliance, “the single most important global achievement after Paris”. […]

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Solar Power to Illuminate Bhopal’s Tatya Tope Multipurpose Stadium

According to the official, stadium has been paying around Rs 5 lakh per month and now it would be brought down to Rs 2 lakh.   In a significant development, the Tatya Tope Multipurpose Stadium in Bhopal, the state capital of Madhya Pradesh has become the first non-cricket stadium in the country to be completely […]

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