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Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process

Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […]

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India’s Solar Capacity Addition to Fall by 55% in FY19

However, the rooftop solar market continues to register a robust performance growing at a pace of 70% annually. Renewable energy consultancy firm Bridge to India has painted a grim picture of the solar industry in the country and has claimed that the solar capacity addition in the current FY will be 55% less than it […]

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PROINSO Offers Free Access of Plant Monitoring Software to Indian Clients

This offer is exclusive to PROINSO’s customers in India and can help save up to USD 500 per project. UK-headquartered PROINSO has partnered with Inspire Clean Energy (ICE) to offer its project clients one year of free access to the market-leading solar PV plant monitoring software. This offer is exclusive to PROINSO’s customers in India […]

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Net Metering Policy

A light to shine your Today’s with power and tomorrow’s with brightening bank balances. “Bank your Electricity, Bank your Money Adopt Roof Top Net Metering” Information Guide: FOR INSTALLATION OF ROOF TOP SOLAR PV POWER PLANTS UNDER NET METERING POLICY IN PUNJAB WHAT IS NET METERING ? Net metering is the process through which you […]

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HRD Institute Saves Big with Solar Energy

The Telangana State-run MCR HRD Institute has opted for renewable energy to meet a part of its power needs. The Institute has completed Phase I of its solar power system, under which it installed a 500 kwp on the roof of the building. The total cost of the project was Rs 219 lakh. The Central subsidy, which […]

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Azure Power Announces Early Commissioning of 95 MW Project in Gujarat

Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced the early commissioning of a 95 MW solar power plant in Gujarat which was completed in record time for a ground mount project built by the company and has been commissioned approximately 5 months ahead of the scheduled PPA operation date. This […]

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Solar Power to Charge Cars, Buses Soon: Bangalore Electricity Supply Company

Solar panels installed at apartments, offices and malls can generate electricity during the day and reduce the carbon footprint. BENGALURU: Bangalore Electricity Supply Company (BESCOM) is working on a plan to have solar power charge electric vehicles. Speaking to TNIE on the sidelines of the launch of city-wide rooftop solar initiative, BESCOM Managing Director C. […]

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Tata Power Hosts the 2nd Annual Distribution Utility Meet, 2018

Tata Power, India’s largest integrated power utility hosted the 2nd Annual Distribution Utility Meet, 2018 today in Mumbai. The event was inaugurated by Mr. Arvind Singh, Principal Secretary – Energy, Government of Maharashtra in the presence of Mr. Praveer Sinha, CEO & MD, Tata Power and Mr. Reji Kumar Pillai, President, India Smart Grid Forum (ISGF). […]

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What to Expect from India’s National Energy Storage Mission

Solar power with its inherent limitation of being available only during day time and the influence of weather conditions, has made batteries an integral part for all PV systems. Increasing solar power injection makes grid stability and management issues a concern. As India is moving rapidly towards an energy and transportation transition, the need to […]

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