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renewables

Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector

“If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […]

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8minutenergy Expands Into Energy Storage Market With 1 Gigawatt Project Pipeline

8minutenergy is working with industry-leading manufacturers to offer energy storage solutions featuring lithium-ion and flow batteries, flywheels, and other storage mediums 8minutenergy Renewables has announced that it has expanded into the energy storage market with a 1 gigawatt (GW) project pipeline. The company is focused on standalone storage and hybrid (solar PV + storage) systems, […]

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Global Solar Investment to be higher than Coal, Gas and Nuclear Combined in 2017: Frost & Sullivan

Lower project costs and continued regulatory support for renewable energy in key markets will see global renewable power investment reach $243.1 billion in 2017, with solar photovoltaic (PV) the fastest growing segment, followed by wind power – by 2020 non-hydro renewables will account for 65% of global power investment Frost & Sullivan forecasts the global solar investment to […]

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Wolfspeed Achieves All-SiC 1.2kV power Module Reliability Benchmark for Harsh Environment Operation

Wolfspeed’s new SiC power module enables highest reliability SiC devices for outdoor systems in renewable energy and transportation Wolfspeed, a Cree Company has announced that its power module has passed the harsh environment qualification test.  Wolfspeed achieved SiC 1.2kV power module reliability benchmark for simultaneous high-humidity, high-temperature and high-voltage conditions. This reliability benchmark enables system […]

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Ripple effect of India’s energy shift visible globally

The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […]

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Bhadla Solar Power Project Tariff Hits New Low of Rs 2.62 a Unit

Phelan Energy Group and Avaada Power Private Limited have bagged 100 MW and 50 MW solar power project respectively at Rs 2.62 per unit, and SBG Cleantech managed to obtain 100 MW at Rs 2.63 a unit for Bhadla Phase IV 250 MW solar project. Following the trend of falling solar tariffs in India, the […]

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ORIX Corporation Partners With SUN Group for Solar

The partnership brings together the synergistic strengths of SUN and ORIX to position SUN Renewables as a leading player in DG solar in the country with a clear focus on providing Commercial and Industrial (C&I) clients with clean power and energy efficiency solutions starting with DG solar power.  SUN Group has announced a joint venture […]

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