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Renewable Energy Attracted $42 Bn of Investment in 4 Years: MNRE

New opportunities have emerged. Altogether new business space has been created. Indian companies have begun to explore foreign stock exchanges as a source of funds. An investment of $42 billion was attracted by India’s Renewable Energy Sector in last four years and over the same period of time, the green energy projects created over 10 […]

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World Saw Largest Rise in Renewable Energy Capacity in 2017: Report

Both energy demand and energy-related carbon dioxide emissions rose substantially for the first time in four years. In the power sector, the transition to renewables is underway but is progressing more slowly than is possible or desirable. The global power generating capacity has seen an exceptional rise in 2017 and the main source of the […]

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Chandigarh’s Total Solarification Faces Multiple Hurdles

The installation of solar power plants on the rooftops was made mandatory for all non-residential a well as residential buildings whose area around them is 1 Kanal and above, and the deadline for installation was set 17 May 2018 but was later extended by six months. Although it was made mandatory by the Chandigarh Administration […]

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PCIM 2018: Infineon’s CoolGaN™ Opens up for a New Horizon in Power Management

The key benefits of gallium nitride (GaN) are, amongst others, high power density, best-in-class efficiency and decreased system costs. Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) is starting volume production for CoolGaN™ products by the end of 2018, the company announced during PCIM Europe. Engineering samples of the high reliable GaN solution in the […]

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MahaMetro to Save Rs 12 Cr on Power Bills by Going Solar

The cost of solar power per unit is Rs 3.58 whereas the MSEDCL supplies it for Rs 9.67 per unit. On top of the three metro stations, the MahaMetro has started installing solar panels that will supply power to stations. In order to save charges on its power bills, MahaMetro will supply solar power to […]

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A Path breaking Journey in Renewable Energy through last 4 years

Last 4 years have been path-breaking in India’s renewable energy landscape. Renewable power installed capacity has already reached over 70 GW. Over 40 GW renewable power capacity is under construction/tendered. Globally, India stands 4th in wind power 5th in renewable power and 6th in solar power installed capacity. Solar energy capacity increased by over 8 […]

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ABB Wins 132 KV Substations Contracts from Iraq

The move has come as the government of Iraq is rebuilding the country and investing in its grid as part of its ambitious plan to develop its power infrastructure to meet electricity needs. ABB has bagged orders from the Ministry of Electricity in Iraq to deliver 5 fixed and 15 mobile 132 kilovolt substations, aiming […]

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REC Pledges $1 Million Contribution Towards International Solar Alliance

In presence of the Power Minister R K Singh, REC’s Director (Technical) S K Gupta and other senior officials from the two organizations, the REC Chairman and Managing Director P V Ramesh handed over the cheque to Interim Director General of ISA Upendra Tripathy. Rural Electrification Corporation, (REC) a state-run power sector financier has announced […]

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Rays Power to Set-up 1200 MW by 2020; Plans Intl Expansion

The firm has also initiated development of over 200 Mw of ground-mounted projects selling power directly to the end consumers, under its subsidiary Rays Future Energy, which are expected to be commissioned by end of 2019. With an eye on the international market, a solar power development and Engineering, Procurement and Construction (EPC) Company Rays […]

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