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solar capacity

Fotowatio to Withdraw from Solar Project in India

Having the FRV’s solar project in Ananthapuramu Solar Park in Andhra Pradesh on sale, Edelweiss Infrastructure Yield Plus Fund and Actis LLP’s Sprng Energy have already indicated interest in acquisition. Arabian clean and renewable energy solutions provider, Fotowatio Renewable Ventures (FRV) has planned to withdraw its only ownership in the Indian solar space. Having the […]

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Xcel Signs Deal for 250 MW Solar Plant at EVRAZ, Pueblo

The Xcel Energy power plant under the long-term electricity contract will feed Rocky Mountain Steel directly and will be under the state’s net metering enactment. Aspiring to make good use of new energy, steel making and mining giant EVRAZ has signed a deal with the energy and natural gas provider, Xcel Energy for a 250 MW behind-the-meter […]

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B.Grimm Power Invests $35.2 Mn to Pick 80% Stake in Vietnam’s 257MW Solar Proj

The announcement came just weeks after B.Grimm Power had signed an agreement with Vietnam’s Xuan Cau Group to build and operate a solar farm in Tay Ninh Province with total capacity of 420 MW, which will make it the largest solar power plant in Southeast Asia when it starts operating in mid-2019. Thailand-based B.Grimm Power, the largest unit of […]

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Mamata tweets ‘Solar PV Panels on Government Buildings, Schools

West Bengal power minister Sobhandeb Chatterjee had earlier said that the Bengal government is expecting to add over 2,000 megawatt (mw) of power in the next five years including 300 mw of solar power. Feeling isolated by not being one of the states who have recently announced solar power initiatives for their buildings like Rajasthan, […]

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Amritsar’s Khalsa College to use Solar Energy  

The solar power plant installed on the dining room, primary school and the library of Khalsa College is said to produce three times the electricity that the college consumes. In a bid to switch to green energy for its power consumption, historic educational institution of Amritsar, Khalsa College has inaugurated a 775 KW solar power […]

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Chennai Corporation Buildings to Run on Solar Energy

The earlier plan which included the installation on 1,000 buildings has been tweaked down to 662 Chennai corporation buildings such as schools, primary health centers, offices, public halls, and dispensaries. The Tamil Nadu state government has approved its long-awaited plan to install rooftop solar panels at Greater Chennai Corporation buildings in order to reduce dependency […]

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PM Modi Presses upon Upgrading Farmers’ Income with Solar Power Scheme

The solar power scheme aims at enhancing farmer’s living through boosting their income levels by allowing them to sell additional power to the grid through solar plants set up on their barren lands. During the Independence Day Speech, PM Narendra Modi has laid special emphasis on the application of the solar energy generation and announced […]

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13% of Solar Power Target for FY 2018-19 Met in Q1: MNRE

Out of the solar power target achieved in April-July period, ground mounted solar capacity amounts to 1304.57 MW and roof top solar capacity is reported at 159.59 MW. Ministry of New and Renewable Energy (MNRE) has released the program wise renewable energy achievements met in the first quarter of financial year 2018-19 including the month […]

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World Reaches 1TW of Wind and Solar; 2TW by 2023, says BNEF

According to the BNEF estimation, second terawatt of wind and solar will arrive by mid-2023 and cost 46 percent less than the first. The world has attained the landmark figure of 1,000 GW of wind and solar generation capacity installed, as per the Bloomberg New Energy Finance (BNEF) report. According to the BNEF estimation, second […]

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