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Public and NBFCs commits investment of Rs 3.82 lakh crore for 76,352 MW Capacity – Piyush Goyal

The indigenous renewable sectors have turned heads recently. With active participation from investors and integrators, India seems to lorry its promising solar mission. At the ongoing budget session of Parliament, New and Renewable Energy Minister Piyush Goyal elatedly states that public as well as private banks and non-banking finance companies (NBFCs) have committed for financing […]

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Risen Energy’s in-house production to reach 3,100 MWp by the end of 2016

China based firm Risen Energy Co Ltd. has announced that it in-house production capacity for photovoltaic (PV) cells and modules is expected to reach 3,100 MWp by the end of this year. The company in a statement said that at the end of year 2015 it’s highly automated manufacturing infrastructure amounted to a combined 2,600 […]

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Borg Energy undertakes project to convert quarters of MPs into 100 % green energy efficient spaces

US-based Borg Energy Pvt Ltd has successfully completed a significant project to convert over 60 residential quarters of Members of Parliament into 100 % green energy efficient spaces. Borg Energy Pvt Ltd under its Solar Photo Voltaic Power Projects has been undertaken the initiative for the Central Public Works Department of New Delhi. The company […]

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Panasonic Corporation achieves photovoltaic module conversion efficiency of 23.8%

Panasonic Corporation has announced that it has achieved world’s highest photovoltaic module conversion efficiency of 23.8% (aperture area3: 11,562 cm2) at research level. It is a major increase over the previous world record for crystalline silicon-based photovoltaic modules. Earlier record of the conversion efficiency of a crystalline silicon-based photovoltaic module was 22.8%. Back in 2014 […]

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Blue Star Enters ‘Save Energy’ Project

As a part of Make in India policy, Blue Star is warming up to introduce solar power ACs, confining with the Indian Institute of Technology-Madras (IIT-M). “Company will elevate some new plants in Sri City of Andhra Pradesh and Jammu at expenses of around Rs.150 crore. We are tying up with IIT-M for development of […]

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IFC, MP Govt to Build the Largest Single-site Power Project in Rewa

A member of the World Bank Group share intends to partner with Madhya Pradesh government for a massive solar project. IFC and state govt. aims to setup the largest single-site power project of 750-Mw in Rewa. IFC will put its expertise to structure and propose the transaction through private investments of about $750 million. “Successful […]

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United PV Demands $90 Million as Remittance from Hareon

A Chinese company named United Photovoltaics Group has claimed a return of $64 million and damages redress after a deal with Hareon went fatal. United Photovoltaics Group Limited recently filed a HK$700 million ($89.8 million) claim against Hareon Solar Technolgy Company Limited in connection with an agreement to acquire on-grid solar power projects in China. […]

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Duke Energy Comes Up with 17MW of PV in US Military Base

Recently, US based utility company Duke Energy Corp. said that, “They will construct a 17-MW PV plant at the southeast segment of the Naval Support Activity Crane (NSAC) in the State of Indiana.” The Organization has petitioned for a Certificate of Public Convenience and Necessity with the Indiana Utility Regulatory Commission. As per the statement […]

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Infosys to Meet 100% Power from Renewable Energy Sources

Infosys announces to rollout a 6.6 MW Solar Photovoltaic (PV) power on its existing Pocharam premises in the state Telangana. The new launch will integrate with the existing 0.6 MW housetop solar plant which is claimed to become the first corporate campus in India running on 100% renewable energy. The plant, with an aggregate limit […]

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