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renewable energy sources

European Commission Approves French Solar Power and Hydropower Schemes

European Commission has given approval to two solar power projects and a hydropower project in France. The European Commission announced it had approved three French schemes to support solar power and hydropower energy generators in the country. The schemes include two solar power projects, which have a provisional budget of 439 million euros ($466 million) […]

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Solar Power System Installed on Indian Navy’s Survey Vessel INS Sarvekshak

With the installation of 5 KW solar power system, Navy’s Survey Vessel INS Sarvekshak will be able to avoid around 60,225 kg of carbon a year and 22,995 litres of diesel. For the first time in India, solar panels have been installed on an Indian Navy’s Survey Vessel INS Sarvekshak. INS Sarvekshak has been fitted […]

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String Inverter Market size to cross USD 7 billion by 2024: Global Market Insights

India accounted for over 6% of 2015 Asia Pacific string inverter market share and should witness considerable growth on account of increasing clean fuel electricity demand said Global Market Insights Global Market Insights forecasts the string inverter market size to exceed $7bn by 2024. According to the research firm rising demand for continuous and reliable […]

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Solar Power Rate Touches Record Low

Auction for world’s biggest solar power park in Rewa saw per unit tariff coming down to as low as Rs 2.99 per unit. Solar power rate touched a record low in Madhya Pradesh with per unit tariff coming down to as low as Rs 2.99 per unit. Auction for world’s biggest solar power park in […]

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Solar PV module market set to decline despite significant capacity addition by 2020 GlobalData Report

Emerging technologies, economies of scale and policies have triggered an increase in Solar PV module annual installed capacity to 69.86 GW by 2020 According to the report from research and consulting firm GlobalData, Solar PV module annual installed capacity was expected to increase gradually from 49.77 GW in 2015 to 69.86 GW by 2020, due […]

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ReNew Power Raises $475 Million at Cheaper Cost

The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […]

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GHMC Plans Solar Power Plants on Rooftops to Cut Power Bills

GHMC has identified 44 of 942 buildings for the installation of rooftop solar power plants to reduce power consumption charges paid to power utilities. To reduce power consumption charges to be paid to power utilities, the Greater Hyderabad Municipal Corporation (GHMC) has decided to install rooftop solar-powered plants to be connected to grids in a […]

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Floating Solar Panels Market Size to Reach USD 2.70 Billion by 2025 Grand View Research

Grand View Research expects the floating solar panel technology to foresee abundant growth over the forecast period on account of rapid demand primarily in Asia Pacific. Rising installations in China and Japan coupled with upcoming commercial projects in India is likely to fuel growth over the projected period. According to a new report by Grand […]

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