SUBSCRIBE NEWS LETTER

renewable energy generation

Patanjali Ayurved to Foray Into Solar Power Equipment Manufacturing

Patanjali Ayurved, which started its operations in 2006, has an impressive growth rate with increasing its revenue more than five times. After excelling in consumer goods products market, Patanjali Ayurved Ltd, owned by Baba Ramdev is all set to foray into the manufacturing of solar power equipments. This will be the company’s first exposure to […]

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Capital Stage Acquires Two Solar Parks in The Netherlands

Capital Stage says that the two solar parks have a total generation capacity of 47.6 MW and are expected to be completed in 2018. Germany-based solar and windfarm operator Capital Stage has acquired two planned solar parks in the Netherlands market for the first time from Dutch project developer Sunstroom Engineering B.V. The solar parks […]

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Solar Power Benefits: South Mumbai Mosque Cuts Power Bills by 67 percent

This is the third mosque in south Mumbai after Minara Masjid at Mohammed Ali Road and Zakaria Masjid in Masjid Bandar to adopt solar power. South Mumbai’s 200-year-old Jama Masjid in Kalbadevi is utilizing solar power and it makes 70 percent of its electricity requirements, with an expected saving of 35 tonnes of carbon dioxide […]

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Egypt Launches New Solar Power Project

The new solar power project in Egypt is being executed by the Industrial Modernization Center and the United Nations Development Program In a significant development, Egypt has launched a new solar power project called “Grid-connected Photovoltaic Power Systems – Egypt PV”, which is implemented by the Industrial Modernization Center (IMC) and the United Nations Development […]

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MNRE’s ‘Rooftop Solar Power Plants’ Scheme to Rescue Kashmir From Power Crisis

The scheme will provide government subsidy of 70 percent to the customers generating solar energy and setting up roof top solar plants. During winters the electricity demand in Kashmir rises to up to 1900MWs against the availability of 1200MWs produced by the Power Development Department (PDD) of Kashmir. In order to compensate the additional 700MW […]

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MNRE Releases List of Sanctioned Solar Parks under the Solar Park Scheme

Solar parks across various states in the country, each with a capacity of Solar Projects generally above 500 MW will be built. In a bid to provide clean energy to the citizens of India PM Narendra Modi earlier has revised national solar mission capacity from the current 22 gigawatt (GW) to 100 GW by 2022.  The […]

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World’s Largest Floating Solar Power Plant to Be Built in Indonesia by UAE’s Masdar and PJB

The plant to be built in about 225 hectares of the Cirata hydroelectric plant reservoir. United Arab Emirates based company Abu Dhabi Future Energy Co (Masdar) and Indonesian power utility’s unit Perusahaan Listrik Negara (PLN) Pembangkitan Jawa Bali (PJB) collaborated to build the ‘To Be’ world’s biggest floating photovoltaic plant of 200MW in PJB owned […]

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Rooftop Solar Presents a $23 Billion Opportunity in India: Report

Rooftop solar in India will grow inevitably with or without the support of power distribution utilities According to a new report released by Bloomberg New Energy Finance (BNEF), India’s 40-GW target for rooftop solar PV by 2022 represents a $23 billion investment opportunity. The report titled, ‘Accelerating India’s Clean Energy Transition,’ which was released at […]

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World Bank’s IFC Funds CleanMax Solar with $15 Million

IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […]

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