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Andhra Pradesh to Have Floating Solar Power Plant at Mudasarlova

The GVMC floating solar power plant will have a power generation capacity of 2,000 kilowatt peak (KWp), nearly 20 times the capacity of the recently-launched floating solar power plant in Kayamkulam, Kerala. The Greater Visakhapatnam Municipal Corporation (GVMC) has planned to set up India’s largest floating solar power plant at Mudasarlova reservoir as part of […]

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DRAGON’S EYE on LION’S PIE

Alright! It gave mostly new narratives to apprehend the ‘Solar’ relation between India and China.The then thought China’s shabby rural-oriented solar program in the 1990s today throws an incremental progression amid the western economic powers. What can be more assertive to say that China is today global leader has divulged as the world’s largest renewable […]

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GUVNL Extends the Bidding Deadline for 1000MW Renewable Power

The lack of clarity on GST rates has prompted Gujarat Urja Vikas Nigam Ltd to extend extended the deadline for submitting bids for 1000MW solar and wind power supply. Gujarat Urja Vikas Nigam Ltd (GUVNL) has extended the deadline for submitting bids for 1000MW solar and wind power supply. The decision has come after prospective […]

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IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects

L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […]

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Morocco Secures USD 25 Million Loan for Solar Energy Projects

The project’s innovative hybrid solar design is also built on a unique Public-Private Partnership between the Moroccan Agency for Sustainable Energy (MASEN) and private sector sponsors – with a Build, Own, Operate and Transfer project structure and implementation approach Morocco has received USD 25 million loan from the Climate Investment Funds’ Clean Technology Fund, for […]

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Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar

Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […]

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Philips Lighting secures renewable energy certificates in the Gulf region

Philips Lighting is the first major international company to secure its renewable energy consumption in the Gulf region using the pioneering International REC Standard. Philips Lighting has announced that it has purchased traceable renewable electricity from Dubai Electricity and Water Authority (DEWA’s) Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The company has purchased […]

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Schools in the Limits of GVMC to Get Solar Power

The proposed capacity of 250kWp solar power photovoltaic system will be installed in the 144 schools under Greater Visakhapatnam Municipal Corporation to meet the energy demand as part of the Smart Cities Mission. Around 144 schools located in the limits of Greater Visakhapatnam Municipal Corporation (GVMC) will soon draw electricity from solar photovoltaic (SPV) systems […]

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India Can Integrate 175 Gigawatts of Renewable Energy into the Electricity Grid: Study

The report developed under the U.S.-India bilateral program “Greening the Grid”, confirms the technical and economic viability of integrating 175 gigawatts (GW) of renewable energy into India’s power grid by 2022, and identifies future course of actions that are favorable for such integration Power, Coal, New & Renewable Energy, Piyush Goyal recently released the first part of the study “Pathways […]

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