SUBSCRIBE NEWS LETTER

solar and wind

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

Frost & Sullivan forecasts the global solar investment to be higher than coal, gas and nuclear combined in 2017. With prices for both solar and wind continuing to decline, renewable investment keeps booming at the expense of traditional power generation. Lower project costs and continued regulatory support for renewable energy in key markets will see […]

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Rural Electrification & Solar

India is blessed with huge amount of natural resources. It observes around 300 sunny days a year on an average highlighting a huge potential of solar energy in India. Solar energy could play an important role in alleviating energy poverty. India receives solar radiation of 5 to 7 kWh/m2 for 300 to 330 days in […]

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Solar Power Expected to Exceed Thermal Output by 2027

Economic Survey suggests that India’s installed power capacity is 327 GW of which thermal power from coal comprises 192.16 GW or 55% of the total, while renewable energy capacity is 57.26 MW or 18% of the total. India’s renewable energy programme is proceeding at such a rapid pace that its contribution to total power generation […]

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Rays Power Infra commissions 5 MW Solar PV Project for Aryavaan Renewable Energy

The solar PV project that spreads over an area of 25 acres was executed by Rays Power on turnkey basis right from the land acquisition till the commissioning Rays Power Infra has announced that it has successfully completed a 5 MW solar PV project for Aryavaan Renewable Energy Private Ltd. The project execution work was […]

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IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore

IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […]

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Government Extends Projects deadline Granting Major Relief to the Solar Power Developers

Developers had raised an alarm over a letter from the Ministry of New and Renewable Energy (MNRE) this month directing all states to strictly enforce deadlines for solar projects, eschewing extensions. The government has granted major relief to solar power developers, allowing deadlines for project development to be extended in cases where there were delays […]

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India Aspiring For Global Leadership in Climate Action: Anand Mahindra

Heavy investment in solar and wind has helped drive down costs of electricity to a point where, in many places, renewable sources can generate electricity more cheaply than conventional sources such as coal. India is aspiring for a global leadership in climate action and has set an “ambitious” goal of receiving 40 per cent of […]

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Solar Power to Get Cheaper than Electricity Grid for Residential Sector in Next Two Years

solar energy in India has already reached ‘grid parity’ in commercial, industrial and utility sectors, and soon solar power would be achieved in residential sector as well. In the next two years, solar power will be cheaper than the electricity grid in the residential sector, says solar energy provider SunSource Energy which has successfully implemented […]

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