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Tamil Nadu becomes 21st State to join UDAY

State to derive an Overall Net Benefit of approximately Rs. 11,000 crores through UDAY The Government has signed a MoU with Tamil Nadu and the State DISCOM TANGEDCO under the UDAY for operational and financial turnaround of the DISCOM. Union Minister of State for Power, Coal, New & Renewable Energy and Mines,  Piyush Goyal presided […]

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MNRE to offer financial incentives to DISCOMs to Support Rooftop Solar Power

Ministry of New and Renewable Energy will provide financial incentives to DISCOMs for Rooftop Solar Power In a new policy move, the Ministry of New and Renewable Energy (MNRE) has announced financial incentives for DISCOMs to support rooftop solar power installations. The notification proposes a financial support of up to INR 3.75m (USD 55,000)/MW for […]

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SECI to float 2300MW Solar Power bids Soon

Solar Energy Corporation of India will soon release 2300MW of solar power projects. Solar Energy Corporation of India (SECI) will shortly float tenders for putting up of solar power projects with capacity of 2300MW, its managing director Ashvini Kumar announced. The corporation has committed to finalize tenders for producing 5,500-mw of solar energy, of which […]

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NISE Organizing 8th, Three- Day Skill Development Program on Solar PV system Design using “PVSYST & PVSOL” software

The skill development program on solar PV system starts from 18th January 2017. National Institute Of Solar Energy (NISE) is Organizing 8th, three- day skill development program on solar PV system design using “PVSYST & PVSOL” software. The skill development program is scheduled from 18th – 20th January 2017. Graduate Engineers with basic knowledge of […]

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REC lends Financial Assistance to IIT Madras for 2MW rooftop solar panel on campus

Rural Electrification Corp (REC) has provided funds of Rs 1450 lakhs under CSR activities to IIT Madras for rooftop solar panel installation. Rural Electrification Corp (REC) has extended a financial assistance of Rs 1450 lakhs under Corporate Social Responsibility (CSR) initiative to Indian Institute of Technology Madras (IIT Madras) for the project installation of 2MW […]

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Southern Railway trial runs Solar Panels fitted Coach in Salem

Southern Railway flags off first solar panels fitted Coach in Salem on a trial basis Marking a red letter day in green energy initiatives of the Southern Railway, a coach powered by solar panels was operated on a trial basis in Salem. Southern Railway general manager Vashista Johri flagged off the solar paneled coach attached […]

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Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects

HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind  and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm.  HFE signed an agreement with IFC […]

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Global BIPV and BIOPV Market expected to reach USD 31.14 billion by 2024

Solar PV,  BIPV and BIOPV Market Share will be reaching to SD 31.14 billion by 2024 The global Solar PV, BIPV and BIOPV market size is expected to reach USD 31.14 billion by 2024, according to a new report by Grand View Research. Rising adoption of solar energy generation by renewable sources without comprising on […]

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