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solar and wind

German Ambassador to India calls for Expansion of ISA

The ambassador also said that Germany has already applied to be a member of the ISA, in line with India’s desire to have Germany on board. Pushing for international collaboration in the solar energy space, the German ambassador to India Martin Ney has called for the expansion of India-driven International Solar Alliance. Speaking to reporter […]

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Green Bank Network Earmarks $10 Billion for Green Projects

Green Bank members invest across multiple technology platforms such as wind, utility, and small-scale solar, energy efficiency, low-carbon transport etc,. Green Bank Networks, specialized financial institutions involved in financing green projects, are expected to shell out $41 billion in as capital for projects around the globe. Green Bank members invest across multiple technology platforms such […]

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Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch

The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […]

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IL&FS to Monetise its Green Energy Portfolio Worth Rs 8,000 Crore

This comes on the backdrop of IL&FS already having received a good response for the potential sale of its two arms. Debt laden Infrastructure Leasing & Financial Services has decided to monetize its renewable energy assets worth Rs 8,000 crore and has initiated the process to sell its controlling stake in green energy business as […]

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Fortum to Install Sweden’s Biggest Battery to Support Grid Stability

Over the past two years Fortum has tested a similar concept at its combined heat and power plant in Järvenpää. With a storage capacity of 6.2 megawatt-hours, Fortum will install Sweden’s biggest battery till date at Forshuvud hydropower plant. The battery system’s output is 5MW and the total cost of the system is approximately EUR […]

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NTPC Calls For Enlistment Of Bidders For SPV Module Packages

As per the notice inviting applications (NIA), the bidder should have manufactured and supplied solar photo voltaic (SPV) modules of cumulative capacity of 40 MWp or above. India’s energy giant, National Thermal Power Corporation (NTPC) has invited applications for the enlistment of solar PV Module developers for NTPC’s solar PV power projects. The scope of […]

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India Becomes Global Leader in Renewable Energy Auction: Report

India’s second rank signifies a jump of three spots from last year when it was on 5th position in the green energy. China which was at the top position last year has slid down to the 7th position. Becoming a global leader in the renewable energy race, India is now the biggest market in the […]

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Magenta Power Installs its First EV Charging Station in Bangalore

The charging stations shall be equipped with the ChargeGrid App which will show the availability of chargers along the route, coupled with their status at an individual socket level. Magenta Power, a renewable energy service provider, has installed its first electric vehicle charging station in Bangalore, exclusively for the Mahindra Treo Electric 3-Wheeler. The charging […]

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The Next Breakthrough in O&M

The solar PV modules, as we know are guaranteed to perform for 25 years. In this 25 years, the solar panel (and the entire plant) is subjected to various amount of stresses ranging from wind loads, snow loads (in few countries), lightening or surges from grid, moisture ingression and temperature variations. Such stresses while not […]

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