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renewable energy investment

Juwi Energies secures business for EPC of 250 MW Solar Parks in S.Africa

The USD 206 million contracts include the 86-MW Waterloo and the 78-MW Bokamoso solar plants, both to be located in North West Province, as well as the 86-MW Droogfontein 2 PV farm in the Northern Cape. Leading renewable energy development services provider, Juwi Energies has bagged contracts for Engineering, Procurement and Construction (EPC) and Operations and […]

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EBRD May Extend $ 35.3 mn Loan for 30 MW Solar Park in Kazakhstan

The construction of the PV Park is seen to help offset around 49,000 tons of carbon dioxide (CO2) emissions and lower reliance on power imports and related transmission losses. The European Bank for Reconstruction and Development (EBRD) is thinking to grant a loan of USD 35.3 million for 30 MW solar parks in Kazakhstan. Subsidy […]

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World Reaches 1TW of Wind and Solar; 2TW by 2023, says BNEF

According to the BNEF estimation, second terawatt of wind and solar will arrive by mid-2023 and cost 46 percent less than the first. The world has attained the landmark figure of 1,000 GW of wind and solar generation capacity installed, as per the Bloomberg New Energy Finance (BNEF) report. According to the BNEF estimation, second […]

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Domestic Solar Power Industry

Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017 for 200 MW and again twice in July, 2018, for 600 MW in each instance.  As per the final findings dated 16th July, 2018, in the investigations […]

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Rico Autos foresees Rs 2,000 crore turnover by 2020

Gurugram based auto parts maker Rico Auto Industries has claimed the procurement of orders worth 1,200 crore from electric vehicles manufacturers. Following a three-way future growth strategy, the company expects revenue of Rs. 1,500 crore in the FY 2018-19 and a turnover of Rs. 2,000 crore in the following year. In order to reach this […]

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Atlanta’s Georgia Power Plans to add 100MW of Solar Power Production

The plan to increase the renewable energy capacity falls under Georgia Power Renewable Energy Development Initiative. Atlanta’s Georgia Power is aiming to add to its renewable energy portfolio another production capacity of 100 MW solar power. The Atlanta’s Journal Constitution stated that the company is looking for the solar energy facilities interested to sell stakes […]

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Dwarka Gets Delhi’s Largest Residential Rooftop Solar Plant

The four societies which together house around 2000 residents and has 450 flats in Dwarka, will be the first ever project in on a large scale after IP Extension’s Milan Colony to have its own solar power plant. Delhi’s first large scale residential rooftop solar power plant has been sanctioned for four societies in Dwarka sub city. […]

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Trina Vends Solar Modules to the Largest Private PV Project in Vietnam

Costing upto  US$ 220 million, the Trina project is expected to play a key role in the country’s transformation to renewable energy. Chinese solar panel manufacturer, Trina Solar (TSL) has revealed that it supplies 258MW Monocrystalline PERC double glass modules to the largest private solar photovoltaic (PV) project in Vietnam. The project scheduled to be completed […]

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Amplus to Setup 400 MW Solar Capacity in UP; Mulls to Invest Rs 2,000 Cr by FY21

The Gurgaon headquartered, Amplus Solar made the announcement of solar capacity in UP during the Ground-Breaking Ceremony held on July 29 by Uttar Pradesh Government to felicitate its investing partners in Lucknow. Amplus Energy Solutions plans to invest Rs 2,000 core in Uttar Pradesh (UP) by Fiscal 2021 as part of the GoUP’s Solar Policy […]

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