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PSEG Acquires North Carolina PV Project from BayWa r.e.

PSEG Solar Source completed the acquisition of the project from BayWa r.e. on Dec. 13, 2017. PSEG Solar Source, a subsidiary of PSEG Power, has acquired a 7 MW-dc solar energy facility from BayWa r.e. for an investment of about $10 million. The PSEG Halifax Solar Energy Center which began operations Dec. 21, 2017, has […]

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Budget 2018-19: Renewable Energy Industry Largely ‘Unhappy’

Overall, the Union Budget 2018 is average but still, the government can focus to solve problems faced by industry players in the current year so that India can fulfill its green energy ambitious goals on time. Finance Minister Arun Jaitley rolled out its much-anticipated Union Budget 2018-19 in parliament on 1 February 2018. With national polls […]

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‘Green Initiative’: NER to Look Out For Energy Substitutes

As indicated by railway authorities, at the show, they are paying Rs 7 for a unit, however, once the solar power unit gets utilitarian. Under its ‘Green Initiatives’ drive, the North Eastern Railway is good to go to change from customary wellspring of energy to elective vitality by setting up solar power units on the […]

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Madras High Court Issues Stay On Safegaurd Duty Till February 2nd

Madras High Court has put a stayed order on the proposal to impose a 70 percent ‘provisional safeguard duty’ on imported solar modules til 02/02/2018. Madras High Court has put a stayed order on the proposal to impose a 70 percent ‘provisional safeguard duty’ on imported solar modules til 02/02/2018. The proposal was made by […]

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Investing Renewables Infesting Fossils

Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […]

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FMO, OPIC with Others Invests Rs 95 Cr in Orb Energy

Based out of Bengaluru, Orb gives solar energy frameworks, for example, solar panels and water radiators and has sold more than 150,000 frameworks in India since commencement in 2006. Solar energy systems producer Orb Energy has raised over Rs 95 crore ($15 million) in a section value and part-obligation round from the Dutch improvement bank […]

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Chennai Rural Areas Will Get Unused Lighting Foundation As per Rs 80 crore Project

The civic body is to hold up for endorsement of a 140-crore venture for the Driven change of 70,000 streetlight overall 15 zones. Lighting foundation over a few amplified ranges beneath More noteworthy Chennai Enterprise will get a patch up with an 80 crore venture accepting endorsement at a high-power committee assembly final week. Eight […]

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China Successfully Tests Country’s First Photovoltaic Highway

China has become the second country in the world to build a photovoltaic highway, after France introduced the world’s first photovoltaic road in late 2016. China has successfully tested its first photovoltaic highway based on home-grown technology in the country’s eastern Shandong province, Xinhua reported. The road has wireless charging systems for electric vehicles. The […]

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