SUBSCRIBE NEWS LETTER

solar energy cost

Hungary Plans to Fully Rely on Renewable Energy by 2030

An estimated drop of 30% in the prices of photo-voltaic modules will give Hungary an opportunity to meet its renewable energy targets. Setting the right precedent, Hungary has announced that it aims to phase out the use of coal by 2030 and will be fully reliant on renewable energy for country’s energy needs. With a […]

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Rooftop Solar: Democratising Power Generation – One Roof at a Time

Rooftop solar was the fastest-growing segment within India’s renewable energy sector last year, but it is still not growing fast enough. Capacity adwdition in rooftop solar stood at around 870 megawatt (MW) in 2017, a far cry from the ambitious target of 5,000 MW for FY 2017-18. As of December 2017, cumulative rooftop solar installed […]

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Chennai Corporation’s Buildings to go Solar Under the Smart City Project

Working under the smart city initiative, government offices, schools, and hospitals under the Corporation will generate a total of 3.06 MW of electricity. Moving towards a sustainable future, Greater Chennai Corporation is going to provide electricity for 662 buildings under its ambit with the use of solar power. Working under the smart city initiative, government […]

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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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Niger PM Brigi Rafini Inaugurates its First Ever Solar Plant

Developed with the support of Indian government, the 7 MW facility is located near Malbaza, a rural village in central Niger. In a proud moment, Niger’s prime minister Brigi Rafini and the minister of energy Amina Moumouni have inaugurated the nation’s first solar power plant. Developed with the support of Indian government, the 7 MW […]

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Government to Reverse Auction Wind-Solar Hybrid Project

The tender had received a tepid response from the industry with just Adani Green Energy and SB Energy bidding for the project. The government has decided to go for a reverse auction for its first wind-solar hybrid tender for which two companies submitted their bid. Adani Green Energy and Softbank-backed SB Energy will compete for […]

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Viz-A-Viz with Saikat Roy, MD & CEO, MyWay Energy and Lighting India Pvt Ltd

Q. To begin with, please tell our readers more about myWay Solar and its contribution towards clean & green energy. Ravi Renewable and Lighting India Pvt Ltd (RREL) is an organization that tries to understand the pain points of the industry and works towards elimination of those difficulties. We have two divisions – Renewable and […]

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Surat to Have 25 MW Solar Capacity by February 2019

During phase one, the city administration had received 4500 applications from the residents and commercial establishment. Aiming to become the first solar city of India, Surat is poised to have 25 MW installed capacity by February 2019. Currently having 15 MW of installed capacity, the city tops the solar energy generation chart. A total of […]

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EIB Expands Cooperation with SBI in Wind Energy Financing

With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […]

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