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Cost of generation of solar power

The cost of generating solar power depends, inter alia, upon intensity of radiation, size of the solar plant, cost of financing, etc. The tariff for solar power is now being determined largely through tendering process. For installation of rooftop solar PV projects, the Ministry of New and Renewable Energy (MNRE) has worked out benchmark cost […]

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NUSRL becomes First Law University to Use Solar Energy

From August 1, 2018, the varsity’s Girls’ and Boys’ hostel of NUSRL would be completely powered by the solar panels which will be inaugurated on the orientation ceremony for the next batch of the university. National University of Study and Research in Law (NUSRL), Jharkhand has become the first law university in the country to […]

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Beach Resort ‘Outrigger’ First on the Island to Harness Sunlight

The resort is first of its kind on Mariana Island where using solar energy to generate electricity was just a dream prior to the installation. Off the western pacific coast of the U.S., Outrigger Guam Beach Resort has collaborated with O3 Energy of Mariana to install rooftop solar panels to generate some of the required […]

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Amplus to Setup 400 MW Solar Capacity in UP; Mulls to Invest Rs 2,000 Cr by FY21

The Gurgaon headquartered, Amplus Solar made the announcement of solar capacity in UP during the Ground-Breaking Ceremony held on July 29 by Uttar Pradesh Government to felicitate its investing partners in Lucknow. Amplus Energy Solutions plans to invest Rs 2,000 core in Uttar Pradesh (UP) by Fiscal 2021 as part of the GoUP’s Solar Policy […]

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LONGi Solar Inks $600 Mn Pact with American Firm

This is another solid step LONGi Solar has taken as a global leading monocrystalline module maker in its overseas deployment. LONGi Solar said that it has signed a USD 600 million contract with an American company to sell high-efficiency monocrystalline modules in the United States. This is another solid step LONGi Solar has taken as […]

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NIWE Installs LiDAR for Offshore Wind Resource Assessment at Gulf of Khambat

In order to be competitive, developers are encouraged to deploy most advanced technologies. The National Institute of Wind Energy (NIWE), an autonomous institution under the Ministry, has installed a remote sensing instrument- LiDAR for assessment of offshore wind resource at Gulf of Khambat, off the Gujarat Coast. The Power and New & Renewable Energy Minister, […]

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PV + Energy Storage will be Cheapest Energy Soln in 10 Years: Li Zhenguo

Once the economic efficiency of the PV and energy storage is realized, traditional fossil fuels will be quickly replaced, Li said. China-based LONGi Group President Li Zhenguo said that within ten years, photovoltaic plus energy storage will become the cheapest energy solution. He was speaking at the 9th China-Germany Economic and Technical Cooperation Forum in […]

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Azure Power’s Portfolio Surpasses 3 Gigawatts

  Azure Power wins 300 MWs with AA+ domestic debt rated government entity (SECI) at a tariff 8% above the lowest bid in the auction 87% of the 2.2 GW contracted pipeline are with counterparties that have A to AAA domestic debt ratings Over 1 GWs of the contracted pipeline are with sovereign counterparties Azure […]

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Corporates and Multinationals Showing Interest in Solar-powered Factories

There are half a dozen established solar companies tapping the corporate sector, as solar power prices have crashed to a viable less than Rs 3/kWh (kilowatt hour) from over Rs 5/kWh three years ago. Indian corporates and multinationals are increasingly showing their interest in shifting from conventional source of energy to solar energy. Many leading […]

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