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renewable energy

Tamil Nadu to produce 3,000 MW of power in next three years through solar rooftop

Tamil Nadu is planning to produce 3,000 MW of power in next three years through solar rooftop and develop green villages. Speaking on the sideline of 15th edition of CII Green Power 2016 P Thangamani, Minister for Electricity, Prohibition and Excise said that the state has developed a vision to become a global leader in []

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World Bank announces to provide more than $1 billion for Indias solar project

The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush []

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MNRE collaborates with KfW for floating solar projects in Maharashtra and Kerala

Ministry of New and Renewable Energy (MNRE) in collaboration with Germany-based development bank KfW to set up two floating solar PV plants in the Maharashtra and Kerala. MNRE recently conducted a study to assess the potential of floating solar power in the country. Both the plants are estimated to cost around USD 46.15 million. The KfW-funded []

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KfW and IREDA signs 6th Line of Credit (LoC) for 20 million

KfW Development Bank and Indian Renewable Energy Development Agency Ltd. (IREDA) have signed 20 million Loan Agreement to be utilized by IREDA for Access to Energy by financing Renewable Energy projects in India. The 6th Line of Credit (LoC) signed between KfW and IREDA is on standalone basis without sovereign guarantee from Government of []

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Solar Ware Samurai 1500VDC photovoltaic inverter achieves UL 1741 safety certification

Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) has announced that its Solar Ware Samurai 1500VDC photovoltaic inverter has achieved a UL 1741 safety certification. The new inverter is the latest addition to TMEICs portfolio of PV utility scale solar inverters for industrial markets. The company in a statement said that its Solar Ware inverters offer the []

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SunPower sets a new solar power panel efficiency record of 24.1 percent

SunPower has set a new solar power panel efficiency record of 24.1 percent, surpassing the previous world record for the highest efficiency of a solar panel using silicon cells. Early this year SunPower achieved 22.8 percent efficiency for its X-Series solar panel. With greater efficiency, we can fit more watts on the roof with the outstanding []

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Solar Park in India: Scope, Status, Achievement, and Challenges

India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy.  The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing Indias energy security challenge. The Government of Indias ambitious plan to add 100 GW of solar capacity by 2022 []

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Amplus Solar acquires portfolio of commercial and industrial rooftop projects of SunEdison India

Amplus Energy has acquired Sun Edisons Indian Commercial and Industrial Rooftop Portfolio. Spread across India, the facilities provide on-site renewable power to leading Indian and global corporate customers. Sanjeev Aggarwal, Managing Director and CEO of Amplus said, Amplus Solar is excited to acquire this high-quality portfolio. We have grown rapidly since an equity investment by []

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