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solar

Policy measures for promotion of new & renewable energy

Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term […]

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Vectren Selects Partner, Announces Location for 50 MW of RE in US

Construction will begin after the Indiana Utility Regulatory Commission authorizes the project; a decision is expected in the first half 2019. Vectren Energy Delivery of Indiana (Vectren) has selected First Solar to build the 50-megawatt (MW) solar array outlined last month as part of Vectren’s long-term electric generation transition plan. During the past few months, […]

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US Praises India’s Efforts; Looks to Work with ISA in Future

Sixty countries have signed the agreement to join the alliance which was formally launched jointly by India and France on March 11, 2018 in New Delhi. The United States has lauded India for its efforts in initiating and inaugurating the International Solar Alliance (ISA) and looks to work with the organisation in the future. The ISA is a treaty […]

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IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India

More than 1 million Indian households to benefit from the new initiative EIB has extended this line of credit without insisting for sovereign guarantee from Government of India European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 […]

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EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10

The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […]

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Consul Neowatt Launches Technical Guide for Power Conditioning & Power Back-Up Solutions

The technical guide – PowerFULL Solutions is a complete resource that contains information on power quality, the types of power problems that are seen due to power quality issues. Consul Neowatt, the Global India UPS Company has launched a technical guide on power conditioning & power back solutions for consultants and electrical engineering professionals. The […]

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ENGIE North America to Acquire SoCore Energy

ENGIE has been working to expand its offerings in North America to address these needs. SoCore will be a key piece of ENGIE’s solution set for current and future customers. ENGIE North America Inc. has signed an agreement to acquire SoCore Energy, a fully-integrated solar developer and commercial and industrial (C&I) solar projects with a […]

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LSIS to Foray into Japanese Market via Total Solns for RE Systems

It participated in PV System Expo, displaying its renewable energy systems capabilities with its domestic and overseas representative business results. Korean firm LSIS Co., Ltd. is planning to foray into the Japanese market with its total solutions for the complete renewable energy systems, including solar power, energy storage system (ESS), direct current (DC) and alternating […]

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Forecasting to mitigate back-down

Unlike other renewable energy rich countries where grid management is for the purpose of energy management, the grid management in India actually targets to solve the capacity management problem. The power market structure of India is comparatively complex unlike other countries and with the penetration of massive variable renewable energy like wind and solar, the […]

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