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How to Maximise the Benefits of Bifacial PV Modules

Bifacial PV modules provide many advantages over traditional PV panels. The International Technology Roadmap for Photovoltaic (ITRPV) predicts an upward trend for the shares of bifacial solar modules in the global PV market in the next decade, i.e. 10% in 2019 and more than 35% in 2028. It is widely believed that bifacial PV modules […]

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Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn

Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […]

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Vestas Surpasses 2 GW Mark in Brazil for 4.2 MW Turbines

Vestas has announced that with new order for 197 MW of wind turbines, it has surpassed the 2 GW mark of order intake for its V150-4.2 MW turbine in Brazil. Danish wind energy major Vestas has announced that with new order for 197 MW of wind turbines, the company has surpassed the milestone of 2 […]

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Payment Security Mechanism for Power Purchase by DISCOMs Approved

RK Singh has approved the proposal to make it mandatory for discoms to open and maintain adequate LC as Payment Security Mechanism under PPAs RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) has approved the proposal to make it mandatory for discoms to open and maintain adequate Letter of […]

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As India’s States Pivot to Electric Buses, Challenges Surface

In just the past two months, announcements have been made for over 2000 electric buses from states across India, be it Delhi, Kashmir, Maharashtra or Punjab. It is important that local state transport authorities realise that an electric bus purchase is much more than just buying a bus that runs on electricity. Earlier this week, […]

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As DRC Takes Charge at MNRE, A Busy Period Beckons

The Ministry of New and Renewable Energy has finally set up the dispute resolution committee it promised earlier this month. Announced by the Power Minister Shri. R.K. Singh,  the commitee is tasked with the job of settling disputes that arise between government agencies and private sector players . This committee is comprised of three former civil […]

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Vestas Receives 58 MW Repowering Order with Auction win in Denmark

Vestas has received a 58 MW repowering order for the first phase of the 94 MW Overgaard 1 wind park in Randers Municipality in Denmark. Vestas has received a 58 MW repowering order for the first phase of the 94 MW Overgaard 1 wind park in Randers Municipality in Denmark. The order is placed by […]

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EBRD Grants €18 Mn Loan For Kosovo’s First Wind Farm

EBRD is supporting the wind farm at Kitka in the east of Kosovo with an €18 million loan. Kosovo, which relies for its energy on coal, will benefit from a cleaner, more reliable energy from the first large-scale wind farm in the country. The European Bank for Reconstruction and Development (EBRD) is supporting the wind […]

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SECI Signs PSAs Worth 600 MW with two State Discoms

SECI has signed PSA with two state discoms for supplying nearly 600 MW of power from renewable projects. The Solar Energy Corporation of India (SECI) has announced that it has signed Power Supply Agreements (PSA) with two state discoms for supplying nearly 600 MW of power from renewable projects. The first agreement has been signed […]

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