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MNRE to introduce a policy for solar zones in June

Ministry of New and Renewable Energy is gearing up to introduce a policy on solar Zone in June this year. The Solar Zone would be spread over one or more districts of a state. Joint secretary of MNRE , Tarun Kapoor speaking to PTI said “We have been working on a new policy for solar […]

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Lakshadweep signs 24×7 ‘Power for All’ document

Lakshadweep became first Union Territory (UT) in the country to sign “24×7 Power for All” document. The document was signed by representative of Government of India and the Administration of UT in presence of P.K. Pujari, Secretary, Ministry of Power. The document delineates a plan to upsurge solar capacity of the region from 2.15 MW to 8.45 […]

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JinkoSolar announces unaudited financial results for the Q1 2016

JinkoSolar Holding has announced its unaudited financial results for the first quarter ended March 31, 2016. In first quarter company’s total solar module shipments were 1,600 megawatts (“MW”), which includes 166 MW to be used in the Company’s downstream projects. Total solar module shipments decreased by 6.4% from 1,710 MW in the fourth quarter of 2015 […]

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OCI to develop 1 GW photovoltaic power plants in China and India by 2018: Report

OCI Global Ltd. is reportedly planning to develop about 1 gigawatt of photovoltaic power plants in China and India by 2018. The company will be investing USD 400 million for the projects, while rest of the investment will come from elsewhere said Pranab Kumar Sarmah, unit’s chief investment officer in an interview to Bloomberg in […]

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Canadian Solar closes a USD 52 million project financing facility with BayernLB

Canadian Solar announces that it has closed a £36.4 million (US$52 million) project financing facility with BayernLB to refinance a portfolio of four solar power plants, totaling 40.2 megawatts in the UK. This financing facility with BayernLB is non-recourse project finance, with a term of 17 years. “We are delighted to complete this project financing […]

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Smart Modules to reign the Solar Dynasty – Is India on the Edge?

Solar Energy is no more a technology of words-selling, in recent times it has driven the power and related technology market delivering power access to millions of alternative exigency. Though, hinder of shaded areas and slender rooftop spaces have back-footed many potential buyers to turn into the solar evolution. To answer all the glitches, smart […]

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Delhi Solar Policy

Delhi Solar Policy Updates 2017 Delhi Solar Policy 2016 released by the Delhi state government applicable for the period, 2016-2020. Promotion for investment climate enabling multiple financial models is the primary focus of the policy. With the major focus on self-owned Capital Expenditure (CAPEX) to third-party owned Renewable Energy Service Company (RESCO) models applied to […]

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UNSW engineers set a new world record in solar cell efficiency

Engineers at the University of New South Wales have developed a new solar cell configuration that is 34.5 percent efficient at converting unfocused sunlight into electricity. The new solar cell is 44 percent better than the previous record – made by Alta Devices of the USA, which reached 24% efficiency with a larger solar array. […]

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