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solar power energy

ISA’s big Solar Pump Move Finally Rolls Off

With EESL issuing a tender for 272579 Solar Water Pumps on behalf of the ISA and its member countries, the biggest project so far with the ISA is finally underway. One of the biggest initiatives the International Solar Alliance (ISA), Prime Minister Narendra Modi’s biggest international achievement, were plans to drive down prices of solar […]

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SECI Receives Bids For 2100 MW Against 1200 MW Solar Tender

The Solar Energy Corporation of India (SECI) has received bids for development of solar projects worth 2100 MW for its tranche-IV interstate transmission system (ISTS)-connected solar tender. The SECI solar tender for setting up of 1200 MW ISTS-connected solar projects in the country was oversubscribed by 900 MW after receiving bids from 7 developers worth 2100 […]

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3.9 Mn Off-Grid Solar Lighting Products Sold in 2nd Half of 2018: Report

According to a new report, globally, 3.9 million off-grid solar lighting products were sold in the second half of 2018, an installed capacity of 32.39 MW. ‘The Global Off-Grid Solar Market Report’ a biannual report by GOGLA and the World Bank’s Lighting Global program was recently published for the second half (July-December) of 2018.  The […]

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Tata Power’s Renewable Arm Gets LOA for 100MW Solar Project in Gujarat

As per the deal, Tata Power will supply electricity to the state utility GUVNL under a 25 year Power Purchase Agreement (PPA). Adding another feather in its cap, Tata Power Renewable Energy Ltd (TPREL), a renewable arm of utility giant Tata Power, got a Letter of Award (LOA) to develop 100 MW project in Gujarat’s […]

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Power Finance Corp More Than Doubled Q4 Profits

Power Finance Corp has reported in its Q4 2019 results that it has more than doubled its profits for the quarter over the same period last year. State-owned Power Finance Corp (PFC) has reported over a twofold rise in its standalone net profits to Rs 2,117.56 crore for the March 2019 quarter, mainly on the […]

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India Now the Lowest Cost Producer of Solar Power

A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […]

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Cost of Renewable Power Dropped to a Record Low in 2018: Report

The Renewable energy Sources like solar, onshore Wind costs will see a further slide next year consistently cheaper than any other fossil fuel source says the newest IRENA report. Boosting the business case for Renewables in the world, costs of renewable sources like onshore wind and solar photovoltaic (PV) technologies will in the next year […]

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WB Announces Energy Partnership to Support Energy Storage in Developing Countries

The 10th Clean Energy Ministerial and 4th Mission Innovation Ministerial, being held at Vancouver, Canada, saw the announcement of a new international partnership by the World Bank. The Energy Storage Partnership (ESP) includes the World Bank Group and 29 organizations working together to help develop energy storage solutions tailored to the needs of developing countries. The […]

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Skilancer Solar Gets Venture Funding from Alfa Ventures

The buzz in the solar sector has attracted yet another VC, with Alfa ventures investing in Skilancer Ventures, a startup focused on the sector The Noida-based Skilancer Solar did not discolose the funding amount it received from Alfa Ventures, a venture of entrepreneur and investor Dhianu Das . Skilancer was started in 2017 by IIT […]

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