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ReNew Power announces public issue of NCD worth Rs.500 cr

India based renewable energy company, ReNew Power on Wednesday announced public issue of Non-Convertible Debentures (NCD’s) with a face value of Rs. 10, 00,000 each combining to Rs. 500 Crore. The company notes that this is the first certification of an already issued Project Bond by the Climate Bond Initiative (an international, investor focused not-for-profit […]

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Georgia Power dedicates new 30-MW solar facility at Fort Gordon

Leaders from Georgia Power and the U.S. Army joined elected officials, community leaders and other dignitaries at Fort Gordon near Augusta, Ga. dedicated a new 30 megawatt (MW) on-base solar facility. The 30 MW alternating current, or 42 MW direct current, solar generation facility is the third completed by Georgia Power in collaboration with the […]

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Vikram Solar and Indian Institute of Engineering Science and Technology ink MoU for R&D

Vikram Solar on Wednesday announced that it has signed Memorandum of Understanding (MoU) with the Indian Institute of Engineering Science and Technology (IIEST). The announcement was made at the Rashtrapati Bhavan in the presence of President of India, Pranab Mukherjee at a Session on Industry-Academia Collaborations with CII. The agreement includes collaboration of both the organisations for the […]

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20 Countries Including Brazil And France Sign Framework Agreement Of International Solar Alliance

More than 20 countries, including Brazil and France signed the framework agreement of the International Solar Alliance (ISA). ISA was launched by PM Narendra Modi and French President Francois Hollande at the COP21, Paris climate summit last year. The framework agreement of International Solar Alliance (ISA) was opened for signatures on the sidelines of UN’s […]

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BHEL Commission 5mw Captive Solar Power Plant

Bharat Heavy Electricals Limited has commissioned a 5 MW grid interactive solar power plant on its premises in Tiruchirappalli (Trichy). The solar power plant includes an array of 19,968 photovoltaic modules and spread across 25 acres. It also includes power conditioning units, high tension switch gear panels and the SCADA system which are manufactured and […]

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BUY or LEASE Your Solar panel system?

Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 – 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate […]

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Why EPC are Treading in the Solar Race?

Solar has taken the momentum with a cumulative installed grid connected solar power capacity reaching 8,062 MW (8.1 GW) as of 31 July 2016. The ecosystem seems stable as analyst asserts that the solar market in India is set to clan the billion-dollar space. Not much appalling on the WTO setback, Indian Solar manufacturing capabilities […]

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OPIC, ReNew Power enters into an agreement for 100 MW solar project in Telangana

U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has signed an agreement with ReNew of approximately $74 million for a 100 MW solar project in Telangana. Announced during the 22nd session of the United Nations Framework Convention on Climate Change Conference of Parties (COP22), this project is expected to diversify the country’s power […]

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Researchers at Australian University discovers new way to make perovskite solar cells

Researchers at The Australian National University (ANU) have found a new way to fabricate high efficiency semi-transparent perovskite solar cells in a breakthrough that could lead to more efficient and cheaper solar electricity. Dr Tom White from the ANU Research School of Engineering stated that the new fabrication method significantly improves the performance of perovskite […]

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