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Mytrah Energy Successfully Raises Rs. 1800 Crore

The 1800 crore fund is being invested in the form of non-convertible debentures (“NCDs”) with a 7-year tenor into two Mytrah Group entities, Mytrah Energy (India) Private Limited (Rs. 980 crores) and Mytrah Ujjwal Power Private Limited (Rs. 820 crores). Mytrah, the Hyderabad-based renewable power producer has raised Rs 1,800 crores from Piramal Group’s financial […]

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IESA commemorates World Energy Storage Day by organizing policy roundtable

The objective of this forum is to have a dialogue between thought leaders from industry and the policy makers to identify policy priorities that can help drive adoption of energy storage in India and make India a global hub for manufacturing of advanced energy storage technologies by 2020 said IESA. To commemorate on the 1st […]

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Delta Expands Portfolio of Utility, Commercial and Residential Power Conversion & Energy Storage Solutions at SPI 2017

Delta is launching several products for the first time to the U.S. commercial and utility markets at the show, including the M125U, a grid-tied 1500V string PV inverter and the ES30 three-phase energy storage system Delta is showcasing its comprehensive portfolio of renewable power conversion and storage technologies for utility, commercial and residential scale applications […]

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Energy Storage Market to Touch 70 GW by 2022

The total energy storage market between 2015 and 2022 in India is expected to go up from 4.4 GW to 70 GW. Out of 70 GW, over 35 GW of demand is expected from newer applications. The market for energy storage in the South Asia region is dominated by India. Energy storage helps in the […]

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Phanes Group Opens Solar Power Incubator to Unlock Potential of Energy in sub-Saharan Africa

“We believe the Phanes Group Solar Incubator -in collaboration with our partners- will leverage untapped local PV potential, and create  more opportunities for local projects. Combined with our strengths in developing bankable solutions for clean, affordable energy and efforts in CSR, the incubator initiative can help to address local needs that haven’t yet been met.” […]

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KOR Energy installs 100 KWp Grid Tied Rooftop Solar System at DPS, Varanasi

KOR Energy has used Polycrystalline Modules of 315Wp manufactured by Vikram Solar and solar string inverters of ABB Group to ensure maximum yield and performance consistency. KOR Energy (India) Pvt. Ltd. has announced that it has installed a 100 KWp Grid Tied Rooftop Solar System at Delhi Public School (DPS), Chandauli Mohansarai Bypass Road, Varanasi. […]

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Centre aiming to install 175 Gigawatt renewable power by 2022: Harsh Vardhan

“The government has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far,” said Vardhan. Minister of Science & Technology, Environment, Forest and Climate Change Dr. Harsh Vardhan on Thursday said the government is aiming to install 175 GW […]

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MNRE, GIZ Signs Agreement to Improve Framework Conditions for Grid Integration of Renewable Energies

Wolfgang Hannig, Country Director, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH India and A.N. Sharan, Joint Secretary, MNRE signed the agreement The Ministry of New and Renewable Energy (MNRE) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH India signed an agreement on technical cooperation under the “Indo-German Energy Programme – Green Energy Corridors (IGEN-GEC)” on […]

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