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Etrion to Sell Italian Solar Portfolio to Ultor

Etrion Corporation has signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Under the agreement Ultor will purchasing Etrion’s 60-megawatt (“MW”) Italian solar portfolio for initial cash consideration of Euro 78 million and the assumption of related project-level debt […]

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Dalmia Cement, Swiss Re and Helvetia Pledge to ‘Use Better Energy Better’

India’s Dalmia Cement, one of the world’s greenest cement company, and Swiss insurer Helvetia, have committed to 100% renewable electricity through RE100; a global, collaborative initiative of influential businesses working to massively increase demand for and delivery of renewable energy. RE100 is led by The Climate Group in partnership with CDP. The news comes on […]

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NITI Aayog asked for detailed report on renewable energy sector

Joint Secretary and Advisor (Energy), NITI Aayog Anil Kumar Jain in a meeting on Friday with A.P Government Principal Secretary (energy) Ajay Jain, AP-Transco CMD K. Vijayanand, Joint Managing Director Dinesh Paruchuri and A.P Solar Power Corporation MD G. Adiseshu and NREDCAP MD M. Kamalakar Babu discussed the best practices in the field of energy […]

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Surya Jyoti if installed in potential 10million households it’d lead to saving 1.75B units of energy: Dr. Harsh Vardhan

Surya Jyoti – a low cost and energy efficient Photo-Voltaic (PV) Integrated Micro Solar Dome (MSD) has been developed under the aegis of Department of S&T, in order to capture day light and concentrate the same inside a dark room, particularly in urban slum or rural areas which lack electricity supply. Union Minister for Science […]

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Schneider Electric Launches “Light It Up” Program, Over 1,800 Units Of Portable Solar-Powered Led Lamps To Be Distributed

Schneider Electric has launched “Light It Up” programme to bring access to electricity to rural communities in 12 countries across the Asia Pacific region. The company in a statement said that it believes that access to energy is a basic human right, and it is committed to putting safe, reliable, efficient and sustainable energy within reach of a great many […]

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TRACKING THE SUN

Solar power has been identified as one of the emerging sectors of future growth. The solar energy is abundant in our country, and India gets normally 300 days of solar radiation in a year. The inexhaustible sun power not only augments energy generation, but also contributes towards the improvement of environment, energy conservation, and additional […]

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NTPC aims to achieve 10 GW solar portfolio by 2022

National Thermal Power Corporation has announced that it is well on course to meet its target of generating 10-GW solar energy as part of the government’s aim of 100 GW by 2022. Gurdeep Singh, company’s CMD said, “NTPC’s commitment to add 10-GW solar energy out of government’s overall commitment of 100 GW (Solar) is well […]

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Solar tariff cuts down to all-time low at Rs 4 per unit

The solar power tariff slipped to an all-time low of Rs 4 per unit- the maximum rate – fixed under the tender floated for 750-MW solar power projects at Bhadla solar park in Rajasthan. “Solar Energy Corporation of India (SECI) has finalised a tender issue for the 750-MW solar PV projects in Bhadla solar park, […]

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