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Ultimate Sun Systems Opens New Mumbai Office and Partners with ANB New and Renewable Energy

Ultimate Sun Systems will look to rely upon the experience and expertise from ANB New and Renewable Energy LLP to help the company spread its eco-friendly, energy efficient, and high-return solutions in the crucial Maharashtra region. Ultimate Sun Systems (USS), a renewable energy solutions company has announced the opening of a new office in Mumbai […]

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EIB Invests $150m to Fund Clean Energy Projects in Peru

The two projects are expected to be operational in the first six months of 2018 and will have a total installed capacity of 312MW The European Investment Bank (EIB) is going to invest $150m to the development and operation of a windfarm and photovoltaic (PV) solarpower project in Peru, a country in western South America. […]

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PROINSO to Add Trojan Battery Products to Its Mini-Grid and Micro-Grid Solutions

PROINSO will supply the full range of Trojan batteries through its 20+ representative sales offices. UK based solar energy firm PROINSO has announced that it will distribute deep-cycle batteries from Trojan Battery Co., LLC. PROINSO’s continued focus on the micro-grid and mini-grid sectors is further evidenced by its distribution of Trojan Battery products. PROINSO will […]

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Waaree Energies Limited Raises Rs 100 crore From Centrum Financial Services Limited

Centrum Group, controlled by ex-Standard Chartered top leader, Jaspal Bindra, made the investment through its non-banking finance arm. The integrated solar power solutions company, Waaree Energies Limited raised Rs 100 crore  from Centrum Financial Services Limited for helping the Mumbai-based alternate energy equipments firm’s capacity expansion through a structured financing deal. Founded in 1989 and headquartered […]

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Rays Future Energy Executes 60MW of Capacity Under Open Access In India

Rays Future Energy will focus on the development of the private off-taker market to provide renewable energy solutions to the private off-taker market under both the distributed and open access based models over the next few years, starting with Karnataka. Rays Future Energy, a subsidiary of integrated solar power company Rays Power Infra, said it […]

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GoodWe AC-Coupled Retrofit Inverter

Product Brief: GoodWe launched its new SBP series, which is claimed to be the world’s first AC-coupled retrofit solution with UPS function which allows energy storage and uninterruptible power supply to both single phase and three phase inverter systems. Product Feature: GoodWe SPB Series is a cost-efficient, battery backup solution which can work alongside any […]

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YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector

The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […]

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Major Policy Initiatives undertaken by Government for increasing share of Renewable Energy in total installed capacity

Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Rajya Sabha today, informed about the major policy initiatives undertaken after June 2014 for increasing the share of renewable energy in total installed capacity. These are as under: – Announced a cumulative […]

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