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Renewable energy in key markets will see global power investment reach $443.5 billion in 2017: Frost & Sullivan

Frost & Sullivan notes that solar photovoltaic (PV) will be the fastest growing segment, followed by wind power, accounting for 37.5 percent and 21 percent of global investment, respectively, by 2020. Continued regulatory support for renewable energy in key markets will see global power investment reach $443.5 billion in 2017 said Frost & Sullivan in its report. […]

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Nalco planning to set up 150 MW wind, solar plants in Odisha

Aluminium major Nalco is planning to set up 150 MW of Wind and Solar power plant in Odisha, said Piyush Goyal Nalco is planning to set up 150 MW of Wind and Solar power plant in Odisha, said Piyush Goyal, the Union minister of state for power, coal, new and renewable energy and mines. While […]

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Duke Energy Florida Brings Solar Power Plant Online

The 17 acre facility in Osceola County is providing customers with nearly 4 megawatts of carbon-free solar energy. Nearly 15,000 solar panels soaking up the sun in Osceola County are now providing clean, renewable energy to Duke Energy customers in Florida. The new Duke Energy owned and operated Osceola Solar Facility is about the size of 13 football […]

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Fortum Commissions a 70 MW Solar Power Project in India

Fortum has successfully commissioned its third and the biggest, a 70 MW solar power project at Bhadla with a fixed tariff for 25 years. Fortum has commissioned a 70-MW solar plant at Bhadla solar park in Rajasthan, India. The solar plant is Fortum’s third and so far biggest commissioned solar energy project. Fortum won a […]

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Relyon Solar Launches Single-Axis Trackers for Solar Power Plants

Relyon Solar’s single-axis trackers come with maintenance-free gearboxes and motors and frictionless bearings, ensuring smooth operations. Relyon Solar has announced the launch of its single-axis trackers for solar power plants. The product launch was followed by a get together of industry experts at The Leela Ambience, Delhi. Relyon Solar’s single axis tracker ensures solar project […]

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Solar Power To Feed 7,000 Railway Stations: Arun Jaitely

“It is proposed to feed about 7,000 stations with solar power in the medium term. A beginning has already been made in 300 stations. Works will be taken up for 2,000 railway stations as part of 1000 MW solar mission” Finance Minister, Arun Jaitely presenting Union Budget 2017 announced that 7000 railways stations in the […]

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China Eyes £292bn Splurge in Renewable Power by 2020

China will invest 2.5tn yuan (£292bn) into renewable power generation by 2020, the country’s energy agency has said, committing the next step towards clean energy. The investment are known to create more than 13 million jobs in the sector, the National Energy Administration said in a blueprint document that lays out its plan to develop […]

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Punjab Solar Power Firms Seek More Time for Setting up Units

Punjab Solar Power Producers have sought extension of deadline for construction of solar plants. Solar power producers in Punjab have sought extension of deadline for setting up projects that will be eligible for exemption from transmission and wheeling charges. Punjab electricity regulator had in January last year approved the exemption for renewable energy projects set […]

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ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India

ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […]

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