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Adani Group bags bid to set up a 100 MW solar unit in Chhattisgarh

Parampujya Solar Energy, an arm of Adani Green Energy has bagged a bid to set up a 100 MW solar power unit in Chhattisgarh. Parampujya Solar Energy sought the lowest viability gap funding (VGF) of Rs 59 lakh per MW among other bidders in the auction lead by SECI reports the ET. SECI’s reverse auction […]

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Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy

Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”).  It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […]

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Will continue to support renewable energy projects in India: OPIC

U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has announced that it will continue to support early stage renewable energy projects in India. OPIC in a blog post said “this week’s historic agreement between the U.S. and India to address climate change recognizes the need for private investment and will work to support […]

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aleo solar to showcase its new glass-glass modules at Intersolar Europe 2016

aleo solar has announced that it will showcase newly developed solutions for photovoltaic building integration, a new guarantee package and a high-performance module with 310 watts and 5-busbar cells at Intersolar Europe 2016. The glass-glass modules that can be installed with architecturally appealing effect into glass roofs, windows or facades will be exhibited for the […]

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Apple reportedly planning to sell solar power generated by its spaceship campus

Cupertino giant Apple last year invested $850 million to build a brand new 1,300-acre solar farm in Monterey, California to power the company’s new office campus, retail stores and its other California operations. According to 9to5mac.com and Bloomberg the tech giant is now planning to sell excess solar power from the panels installed on its Apple Campus2. […]

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Researchers develop innovative solar absorber that can harness more sunlight

Researchers have discovered a novel way to significantly increase the amount of sunlight that a solar absorber can convert into heat. By converting solar energy into heat, the solar absorber can help make sustainable technologies that rely on solar heat more efficient and affordable. The team’s novel fabrication technique involves patterning a solar absorber with […]

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Perovskite Solar Cells reaches over 20% efficiency

Researches at Ecole Polytechnique Fédérale de Lausanne (EPFL) are pushing the efficiency limits of perovskite solar cell by exploring the best way to grow these crystals. EPLF in a statement said researchers’ team headed by Michael Graetzel has found that, by briefly reducing the pressure while fabricating perovskite crystals, they were able to achieve the […]

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