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US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects

Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […]

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Emerging batteries and storage management strategies pave the way for microgrids

It may sound ludicrous, but the concept of producing electricity is not very different from producing vegetables. It’s a different thing that the quality of one is increasing, the other in grave pity. We need more and more of electricity for our daily tasks – heating, cooling, cooking, commute (metro and electric vehicles); and so […]

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Sunverge launches Advanced AC-coupled Energy Storage System

Sunverge Energy, a leading provider of intelligent energy storage systems for residences and small businesses has announced the immediate availability of an AC-coupled model of its industry-leading energy storage product. Offered to renewable energy installers and electric utility partners, this alternative method for connecting to rooftop solar systems provides superior backup power and easier installation […]

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Viz-a-Viz with Pradeep Sangwan-Country Head, ReneSola India

ReneSola is one of the leading international brand and technology providers of energy efficient products. Leveraging its global presence and expansive distribution and sales network, ReneSola is well positioned to provide its highest quality green energy products and on-time services for EPC, installers, and green energy projects around the world. In an exclusive Interview Pradeep […]

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Operations & Maintenance Best Practices

Electricity generated through coal plants is becoming expensive day by day. Power cuts are frequent, and increasing dependence on diesel generators is causing a lot of damage to the environment. The demand-supply gap for electricity is rising in the country which makes it imperative for people to start thinking of other ways of realizing their […]

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Global power and utilities deal value falls for fourth consecutive quarter in Q3 2016

Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report. Regulated network assets remained the investment of choice for buyers across regional markets seeking stable long-term returns. Transmission and […]

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ABB India signs MoU with IIT Madras to develop multi village microgrid models

As part of the UAY scheme, ABB India and IIT Madras will collaborate to develop a power management system to optimize the operation of multiple micro-grids, with and without grid connection, while managing electricity supply to villages. This system will also enable the integration of individual solar PV rooftops to a village microgrid. The government […]

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National Energy Partners Secures $15 Million in Financing from Forum Equity Partners

National Energy Partners (“NEP”) and Forum Equity Partners (“Forum”) announced that they had signed an agreement in which Forum will provide up to $15 million in growth financing for NEP, a leading developer of distributed Photovoltaic Solar Generation Systems for commercial and municipal customers. Under the agreement, Forum will provide development capital and construction equity […]

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