SUBSCRIBE NEWS LETTER

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GoodWe AC-Coupled Retrofit Inverter

Product Brief: GoodWe launched its new SBP series, which is claimed to be the world’s first AC-coupled retrofit solution with UPS function which allows energy storage and uninterruptible power supply to both single phase and three phase inverter systems. Product Feature: GoodWe SPB Series is a cost-efficient, battery backup solution which can work alongside any […]

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YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector

The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […]

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Major Policy Initiatives undertaken by Government for increasing share of Renewable Energy in total installed capacity

Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Rajya Sabha today, informed about the major policy initiatives undertaken after June 2014 for increasing the share of renewable energy in total installed capacity. These are as under: – Announced a cumulative […]

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Fronius India Aims to Double Turnover in Two Years

Fronius India plans to expand their solar inverter business by entering east and central India, where they see tremendous opportunities for growth.   Fronius India, one of India’s leading supplier of solar PV string inverters, is aiming to double its turnover by fiscal 2019. Commenting on aiming to achieve a considerable increase in market share, […]

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Mangalore University to Go Green by March 2018

The University is likely to receive a low Rs 3.839 per unit of power and a power purchase agreement for 25 years will be executed by ReNew. Mangalore University being the only government building in Karnataka and among 37 intitutional buildings in India which will get grid-connected roof-top solarphoto-voltaic system, the project was selected as […]

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Battery Costs in Stationary Energy Could Fall by up to 66%, Grow 17-Fold by 2030: IRENA

The cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the […]

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Belgian Firm Plans to Invest Rs 1,000 Crore in Renewable Energy in India

Over the next one to two years, Belgian Firm will invest anywhere between Rs 800 – Rs1,000 crore for renewable energy venture in India. Belgian retail giant Colruyt Group is gearing up to make a big splash in the renewable energy space in India and has lined up an investment of around Rs 800-1,000 crore […]

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President of India gives away National Energy Conservation Awards and National Painting Competition Prizes for 2017

Industry must cooperate with Government to set up Energy Banks, to meet increasing Energy demand in the Country: Shri Ram Nath Kovind India to reduce Energy Intensity of Economic Growth by one-third by 2030, aim towards Responsible Growth: Shri R.K. Singh India to exceed its Renewable Energy target of 175 GW, to comfortably cross 200 […]

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NEXTracker Announces Series of Energy Storage Systems

NEXTracker’s energy storage portfolio provides customers with configurable and intelligent solutions for new and retrofitted power plants and stand-alone applications. NEXTracker, a Flex company has announced NEXTracker Energy Storage Solutions, a portfolio of products that includes NX Drive and NX Flow. NX Drive is a standardized battery enclosure system for generation-plus-storage or stand-alone storage applications. […]

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