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SBI to Save Rs 30cr Via Investing in Green Energy

The bank now possesses a capacity of 21.23 MW in renewable power source. According to bank, adding the current capacity to 25 MW will help it save Rs 30 Crore annually. State Bank of India (SBI), country’s largest lender said that it expects to save Rs 30 Crore through its investment in solar and wind […]

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Need of Hour: Reduce | Reuse | Recycle

What happens to all the “green” infrastructure when it reaches the end of its life? The question is how will India dispose 100 gigawatt (GW) worth of solar panels in the next 20 years? While the production of solar energy is green, is there a well thought out and environment-friendly plan for end-of-life treatment of […]

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Matheran Toy Train Stations in Maharashtra Turns Green

Besides reducing the carbon footprints, the power supply from the renewable sources will significantly bring down the hill railway station’s electricity bill and resulting in savings of Rs 2.07 lakh per year. In a move to boost the use of renewable energy, four stations of Matheran Hill Railway in Maharashtra’s Raigad district have installed solar power and wind energy plants. […]

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Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure

The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […]

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Ensync Energy Sells 20-Yr PPA with HPU to Undisclosed Investor

This long-term agreement is expected to bring clean, affordable energy to Aloha Tower Marketplace. EnSync Energy Systems has sold its 20-year Power Purchase Agreement (PPA) with Hawai’I Pacific University (HPU) to an undisclosed investor. This long-term agreement is expected to bring clean, affordable energy to Aloha Tower Marketplace. Further, the PPA will provide HPU’s Aloha Tower […]

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India Starts Probe into Dumping of EVA Sheets

The probing agency, Directorate General of Antidumping and Allied Duties (DGAD), an arm of commerce ministry, will investigate the imports of ‘Ethylene Vinyl Acetate (EVA) sheets for solar modules’. India has started a probe into the alleged dumping of EVA sheets, imported from China, Malaysia, Saudi Arabia, South Korea and Thailand, which are used in […]

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Green Energy Association Mulls to Move SC Against APTEL Order on RECs

Last week, the Appellate Tribunal for Electricity (APTEL) had rejected the petition of Green Energy Association and other similar pleas against the CERC’s order. Industry body Green Energy Association is planning to move the Supreme Court against the tribunal APTEL’s order which upheld power regulator CERC’s ruling reducing forbearance and floor price of renewable energy certificates (RECs) of solar and non-solar energy. The Green […]

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TBEA Xián Electric Organises Smart PV Technology Exchange Conference in Delhi

The move has come as the company has started a global initiative of conducting technology exchange conferences across India for spreading technology awareness. China-based PV-inverter maker TBEA Xián Electric Technology has successfully organised its first ‘TBEA Smart PV Technology Exchange Conference’ in India on April 6, 2018, at IBIS New Delhi Aerocity. The move has […]

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Surat Tops Among Green Energy Producers in India

SMC produces 86.5 GWh of renewable energy as compared to its per year requirement of 245 GWh, which is 35 percent of its requirements. The municipal body of the diamond city, Surat Municipal Corporation (SMC), produces nearly 40 MW of renewable energy from solar, wind and biogas. Also, additional 10 MW of green energy is expected to […]

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