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50 MW Solar Power Project Sanction to Refex Energy as EPC Contract

The Contract also included grid connectivity approval from Tamil Nadu State Electricity Authorities. A 50MW Grid interactive Solar power Project as Engineering, Procurement and Construction (EPC) contract has been clinched by Refex Energy, counts as leading sustainable energy solution provider firm in an auction organized by the public sector Neyveli Lignite Corporation (NLC).  As an EPC contract, […]

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Andhra Pradesh to Purchase Electricity from Kadapa Solar Power Park

A total of about 460MW of solar power projects have been sanctioned to Engie in India. Andhra Pradesh after withdrawing its stand against a major state utility guideline will now purchase electricity from Kadapa Solar Power Park. The agreement will allow the state to buy electricity at a lower cost as compared to the proposed […]

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Tender for a 200MW Solar Plant are Now Open by Karnataka Renewable Energy Development Limited (KREDL)

The company winning the tender will also provide operation and maintenance (O&M) services for a period of 10-years. The Karnataka Renewable Energy Development Limited (KREDL) has started inviting tenders for a 200 MW of solar plant to be developed at Karnataka’s Pavagada Solar Park. The agency responsible for implementing renewable energy will accept  the bids […]

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Solar Energy Insurance for Utility Scale Projects

With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […]

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Inseego Announces Smart City Deployment with Current, Powered by GE

This large scale deployment involves 3,200 intelligent CityIQ sensor nodes that will help optimize traffic and parking, plus enhance public safety, environmental awareness and overall livability for the city of San Diego. Inseego, a leading global provider of high performance modems, Software-as-a-Service (SaaS), and solutions for the Internet of Things (IoT), has announced integration with […]

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Investonomics on Indian Sun is Hot!

Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […]

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Saubhagya Scheme to Be in Spotlight at Power Ministers’ Meet

Four crore households are estimated to be electrified under the Saubhagya scheme. Around 90 per cent of these are located in 7 States namely Uttar Pradesh, Bihar, Madhya Pradesh, Odisha, Jharkhand, Rajasthan and Assam. The Centre is expected to ask states to submit their plans and funding requirements for providing electricity to four crore families […]

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Europe’s First Blockchain Project to Stabilize the Power Grid Launches

The blockchain solution was developed by IBM while sonnen provides the pool of home energy storage systems that form the network and are operated by sonnen e-Services. The intelligent management of the energy storage systems adapts individually to the respective situation in TenneT’s grid. The first pilot project in Europe using decentralized networked home energy […]

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Decline in Installation Cost to Drive Growth of Renewable

Global power generation from renewable sources has almost quadrupled in the last 10 years, while global installed renewable capacity had grown by over six times to 770GW by the end of 2016. A significant decline in the cost of installing solar and wind power over the last decade should ensure sustained renewables growth in all […]

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