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renewable energy

Indian Solar Sector Contracts in 2018-19

The Indian Solar sector saw only 6,529 MW addition during the last financial year while Wind energy Sector too recorded a slump in growth. According to the data supplied by the Central Electricity Authority, 2018-19 saw fresh capacity additions to a paltry 6,529 MW as against 9,010 MW in the previous year. The figures show […]

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SECI Reissues NIT For 14 MW Solar Plant with BESS at Leh and Kargil

The MNRE has put a timeline between 2019-20 and 2020-21 for the completion of the project. The Solar Energy Corporation of India (SECI) has issued a new Notice Inviting Tenders (NIT) seeking online bids for the development of 14 MW of solar PV power plant with linked 42 MWh of Battery Energy Storage System (BESS) […]

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Denmark Identifies Areas for 12.4 GW of New Offshore Wind

A study commissioned by the Danish government has identified good locations for 12.4 GW of additional offshore wind capacity, it was announced on last week. According to a statement by Denmark’s Energy, Utilities and Climate Ministry, the designated zones could accommodate between 12 and 15 wind farms, depending on their size. The study has found […]

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Off-Grid Solutions Provider SolarHome Raises $1 Mn Follow-On Equity

Singapore-based off-grid solutions provider, SolarHome has announced that it has secured an additional $1 million in equity funding as part of its series A round. The startup which is working on providing off-grid solar solutions to households in Myanmar on a Pay-As-You-Go (PAYG) model has secured the funding from its existing investor Trirec. TRIREC an […]

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Solar Power Capacity in U.S. Cities Has Doubled in the Last 6 Years: Report

Solar energy capacity more than doubled in 45 of America’s 57 largest cities over the last six years according to a new study. Over the past six years, solar energy capacity more than doubled in 45 of America’s 57 largest cities, according to a new study released by the Environment America Research & Policy Center. […]

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EBRD and GCF Provide $16.7 Mn For Kazakh Solar PV Plant

The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) have together provided $16.7 million as a loan to support the development of a new 30 MW solar PV power plant in Zhangiz-tobe in Kazakhstan. Stepping up its efforts to support renewables in the country, EBRD signed the financing agreement with China’s […]

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India Likely to Install 54.7 GW of New Wind Capacity by 2022: Report

Delays to the implementation of tendered projects and more muted interest in new auctions will present a substantial hurdle to fulfilling these envisioned expansion plans. India is likely to install 54.7 GW of wind capacity by 2022 against the 60-GW target set by the government, a new report has revealed. According to the latest Fitch […]

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REC Sales Drop Again, Down 65% in April to 3.68 Lakh

Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year. Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year due […]

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Interview with Pawan Pandey, Director | Radite Group

Radite Mulls Entry Into Electric Vehicle Charging Segment We have serious plans for entering the EV charging segment, and have already done a lot of groundwork in this regards. We are very hopeful of establishing our first station in first quarter itself, says Pawan Pandey, Director, Radite Group, one of the fastest growing companies in […]

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