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Vestas Bags its Largest Wind Energy Order in India for 252 MW

The order was placed by Vivid Solaire Energy Pvt. Ltd., a subsidiary of Engie, and was awarded as part of the national level wind auctions organised by SECI. Danish Wind energy mammoth Vestas has bagged its largest order till date in India for a 252 MW wind energy project in Tamil Nadu. The order is […]

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Silverpeak Launches Renewable Investment arm to Finance Green Projects

The investment arm will be run by Santosh Raikarwho has joined Silverpeak as the strategy’s managing partner. Ramping up the investment platforms for renewable energy, enewable Investment armsak Renewables Investment Partners will provide an opportunity to institutional investors to invest in renewable technologies such as wind, solar and in the area of energy storage. The […]

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Greenbacker Renewable Energy Buys 10.8 MW portfolio From Sol Systems

The two projects, Project Blue Star and Project Phoenix, which are collectively known as the the Phoenix Solar Portfolio, are located in Kent County and Prince Georges County, Maryland. Greenbacker Renewable Energy has announced today that it has purchased the rights to a 10.8 MW portfolio of two solar projects from Sol Systems. The two […]

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MNRE Plans to Bid 60 GW of Solar Capacity by the Year 2020

Projects worth each 30 GW solar power and 10 GW wind power capacity would be bid out each in the year 2018-19 & 2019-20. To meet the target of achieving 175 GW of renewable energy by the year 2022, the Ministry of New and Renewable energy aims to issue tenders for 60 GW of solar […]

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‘Desert to Power Initiative’ to Provide Solar Electricity to Sahel Region

Tapping in the vast solar energy potential of the region, the initiative is slated to provide green electricity including in some of the world’s poorest countries. In a bid to eradicate energy poverty for 250 million people in the Sahel region of Africa, the African Development Bank (AfDB) is spearheading the ‘Desert to Power Initiative’ […]

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World Bank and AFD to launch Global Solar Risk Mitigation Initiative

The SRMI is an integrated approach aimed it tackling policy, technical and financial issues, which are associated with scaling up solar energy initiatives. Keeping in line with international Solar Alliance’s ambition of promoting solar energy among member states, the World Bank and Agence Française de Développement (AFD) are developing a joint Global Solar Risk Mitigation […]

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Solar Energy Production in the year 2018-19 was 21.365 Billion Units

Central Electricity Authority (CEA) has reported that the total solar energy production in the year 2018-19 was 21.365 Billion Units (BUs), as on 31.10.2018. The year-wise details of solar energy production since, 2015 are given as under: – S. No Year Generation from Solar Projects (BUs) 1. 2015-16 7.448 2. 2016-17 13.499 3. 2017-18 25.871 […]

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India to Add 10000 MW Renewable Energy Capacity in 2020: Icra

The current trend prediction comes on the back of the fact that the share of renewable energy has been steadily rising in India’s energy mix. Renewable energy capacity addition can be expected to be around 10000 MW in financial year 2019-2020, rating agency Icra has said while maintaining a stable outlook for the renewable energy […]

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ISA-EU Sign Agreement to Promote Solar Energy

ISA, which is a joint initiative of India and France, was launched in 2015 to help the 121 member countries in increasing the utilization of the potential solar energy. India led ISA and the European Union signed an agreement to enhance solar energy on the sidelines of the ongoing Conference of the Parties to the […]

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