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renewable energy

$1.5 Billion International Aid for Indias Rooftop Solar Projects

To uplift Indias rooftop solar initiative, the World Bank, Asian Development Bank and the New Development Bank formed by the BRICS Nations are opening loans for the Ministry of New and Renewable Energy. Upendra Tripathy, secretary at the MNRE said, We are getting $500 million (Rs. 3,345 crore) from each of them to fund rooftop []

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Hooper Solar PV power Plant in Colorado

The Xcel Energy and the SunPower Corp. announced the commercial operational of the 50MW Hooper Solar PV power plant in Colorados San Luis Valley. The Xcel Energy is acquiring the force produced by the plant at cost-aggressive rates under a power buy concurrence with SunPower Corp. The utility gauges that the plant is creating enough []

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DMRC Inks MoU with SECI To Augment Solar Venture

  The Delhi Metro Rail Corporation (DMRC) and the Solar Energy Corporation of India  (SECI) will now mutually work together on taking up an off site solar power venture, to augment the utilization of renewable energy, alleviate the effect of standard increment in grid tariffs and to decrease the carbon foot prints. A Memorandum of []

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SunEdison Identifies Indian Firm for $2 Billion Solar Project

In a major support to Indian Govts Make in India initiative, US based renewables major SunEdison Inc is hoping to invest upto $2 billion (INR 13,200 Crore) in the following year in a polysilicon producing facility in India. It is utilizing feedstock material as a part for its most solar power applications. The company is []

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