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Azure Power Ties up with Overseas Private Investment Corporation (OPIC)

Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […]

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Power sector is focusing on distributed energy production: Piyush Goyal

Piyush Goyal, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines addressing a media event informed that Coal India has set a target to replace about 15 million tons of imported coal with indigenous coal in the next six months. On sideline of the event he said “apart from shifting […]

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Lithium ion Battery Market in India to Grow at CAGR 32% Till 2021: TechSci Research

TechSci Research in its latest reports “India Lithium ion Battery Market By Type, By Application, Competition Forecast and Opportunities, 2011 – 2021”, has revealed that the market of lithium-ion battery in India will grow at a CAGR of over 32% during 2016 – 2021. Lithium-ion battery in comparison to traditional battery technologies, are competent of […]

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MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects

The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing  provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […]

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Sungrow to showcase string and central inverters at SEUK & Clean Energy Live 2016 and IGEM 2016

Sungrow has announced that it will present string inverters SG36KTL-M and new SG60KTL as well as the central inverter SG2000-MV at SEUK & Clean Energy Live 2016 (Birmingham, Booth: C34). The company will also showcase its new string inverter SG60KTL and the central inverter SG2500-MV at IGEM (International Greentech & Eco Products Exhibition & Conference […]

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Jawaharlal Nehru Port Trust to harness solar power to reduce its dependency on conventional electricity

Jawaharlal Nehru Port Trust (JNPT) has decided to harness solar energy installing solar power plant on several rooftops in its township and commercial premises and reduce its dependency on conventional electricity from the grid. This green initiative by the port trust is part of its push towards becoming the most sustainable energy generation port organization […]

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