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Sprng Buys Shapoorji Pallonji’s 194 MW Operational Solar Assets

Shapoorji Pallonji Infrastructure Capital (SP Infra) has sold 194 MW of operating solar portfolio to Sprng Energy, a renewable energy platform in India by London-based private equity firm Actis.   The deal size has not been disclosed. However, media reports suggest that solar asset’s enterprise value is close to $200 Million or over Rs. 13.8 […]

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$130 Mn Grant For Early-Stage Solar Research Project

The U.S. Department of Energy (DOE) announced up to $130 million for new research to advance early-stage solar technologies. These projects will help to achieve affordable and reliable energy to enhance America’s economic growth and energy security. “Solar is an integral part of the Administration’s ‘all-of-the-above’ energy strategy,” said U.S. Secretary of Energy Rick Perry. “This cutting-edge, […]

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Kochi Metro Plans to Double its Solar Power Usage to 40 Percent

The panels will be installed at four hectares of the marshy land at the Muttom Yard, adjacent to the Muttom Station on the KMRL metro line. The second phase powering of Kochi Metro with solar power will soon be inaugurated with the installation of panels at Muttom yard. The latest capacity additions are expected to bump the metro rail corps solar […]

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BHEL and GAIL Sign Pact For Co-Development of Solar Power Projects

State-owned gas utility GAIL India Ltd has signed an agreement with Bharat Heavy Electricals Ltd (BHEL) for cooperation in the development of solar power projects. “GAIL shall be the project developer and BHEL shall act as an engineering, procurement, construction and project management contractor,” the company said in a statement. BHEL shall also provide operation and maintenance services during […]

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Tamil Nadu Issues New Guidelines For Net Metering of Rooftop Solar Consumers

The Tamil Nadu Electricity Regulatory Commission (TNERC) in its latest order has issued new guidelines for net metering of rooftop solar plants in the state as a part of its state solar policy. The state passed its solar policy the ‘Tamil Nadu Solar Policy 2019’ earlier in February this year. The Policy was launched with […]

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Monitor Your PV Plant Remotely on IoT Based Scada

For a Solar PV Plant Developer, getting the Inverter up, charging the switchyard and pumping power to the grid has been the primary focus. Installing SCADA ( Supervisory Control and Data Acquisition) which is a computer-based monitoring and control system used to gather and analyse the real-time data from the PV plant is still an […]

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Okaya Launches All-in-One Solar Power Generation System

Okaya Power Pvt Ltd launches an all-in-one Solar Power Generation System to meet the demand for clean, renewable energy.   A leader in the Indian battery and Inverter segment, Okaya Power has launched a new comprehensive range of Solar Power Generation System (SPGS) with an aim to meet the fast emerging demand from its esteemed […]

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Interview with Rajendra Kumar Parakh, CFO, Vikram Solar

Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […]

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