SUBSCRIBE NEWS LETTER

renewable energy investment

SECI extends cooperation on utility-scale energy storage project, invites tenders to combine Solar & Wind Hybrid Project

The Solar Energy Corporation of India (SECI) has extended interest on India’s first utility-scale energy storage project. The ambitious project is projected to be combined with a solar and wind hybrid project at Rangreek (Himachal Pradesh). The invited tender is for the design, procurement, construction, commissioning and associated transmission system for 2MW of grid-connected solar […]

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Risen Energy’s in-house production to reach 3,100 MWp by the end of 2016

China based firm Risen Energy Co Ltd. has announced that it in-house production capacity for photovoltaic (PV) cells and modules is expected to reach 3,100 MWp by the end of this year. The company in a statement said that at the end of year 2015 it’s highly automated manufacturing infrastructure amounted to a combined 2,600 […]

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The Power Industry can attract One Trillion Dollar Investment by 2030: Shri Piyush Goyal

During the term of five year, the power industry is reckoned to attract an investment figured to $250 billion. Government’s task of rural electrification mission emphasizing no village without electricity access and coal swapping plus fresh policies for the electricity sector would aid in attracting this investment, said Union power and coal minister Piyush Goyal […]

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Australian Expertise in Rooftop Solar can aid India’s Renewable needs – Piyush Goyal

Recently, at the roundtable of ‘Renewable Energy Challenge for Grid Integration’, Power Minister Piyush Goyal pronounced “Australia’s rooftop solar expertise has to be looked into to transfer technology at affordable rates expanding renewable energy in India.” The minister said, “India can use Australian expertise in rooftop solar as almost a third of Australian homes in […]

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Global Solar Sector Attracts US$160 billion Investment in 2015 – BNEF Report

In 2015 the Global investment in solar sector reached a record US$161.5 billion off the back of 57GW of PV installations, more startling than the growth figures is that this commitment to renewables has continued to ratchet up while fossil fuel prices have plummeted. Oil prices have more than halved in two year. According to […]

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Solar Energy Prime for Green India – MNRE nudge Eminent Initiatives

In the financial plan of 2015, Govt of India aims to swell 175GW of renewable energy, including a pragmatic extension of 100GW of renewable energy by 2022 said Shri Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy during a questionnaire session in the Lok Sabha. The minister also cites […]

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Is Alternative Energy the “Game Changer” for India – A look back!

The energy of the sun and the rays produced are significantly essential for life. Now that’s elementary, what about transforming sunlight into electricity power by directly using the photovoltaic (PV) process or indirectly using the concentrated solar power (CSP) process? Today, these types of energy process from sunlight have immaculate applications and benefits for the […]

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COP29 Needs Clear Roadmap To Spur Lending For RE Projects: IEEFA

At the 29th Conference of Parties (COP29) in Baku, dubbed the “climate finance COP”, representatives of different countries should deliver key decisions to design policies and regulations and offer institutional support that encourages banks to lend more to the renewable energy sector, a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) states. The […]

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