Global trands in Renewable Energy investment 2016 data table, $BN Global new investment in Renewable Energy: Developed vs Developing countries, 2004-2015, $BN Source: UNEP, Bloomberg New Energy Finance
Leading air-conditioning firm Blue Star has collaborated with IIT-Madras for developing solar-powered airconditioners (ACs) and indigenizing controls and other parts used in inverter ACs. “We will jointly develop several products. IIT-M has an incubation centre. While we may end up using their facilities, we will also impart some training to Read more
Bearings and seals maker SKF India has set up a 1-MW rooftop solar plant at its Pune facility, taking the capacity of such solar generated power across its campuses in Pune and Bengaluru to 2.1 MW. The initiative is part of a solar mission announced by the company that envisages Read more
The Netaji Subhas Chandra Bose International Airport became the first airport in the country to get a 2 MW rooftop solar power plant. Apart from earning carbon credit for the airport, it would translate into a monetary benefit worth Rs 2.15 crore per year. Under the Jawaharlal Nehru National Solar Read more
India-based EPC provider Hartek Power has commissioned new substations required to connect 28 MW of solar power to the grid in Punjab. Hartek has connected two solar power projects—24 MW and 4 MW—to the grid for a solar developer in the Muktsar district of Punjab. The projects are the first to connect Read more
Researchers working at Masdar Institute have discovered that the UAE’s desert sand can be used in concentrated solar power facilities to store solar energy, making it a viable and cost-effective alternative to the current materials being used. Naming the project Sandstock, the scientists carried out a number of tests using Read more
Rattan India Group firm RattanIndia Solar Ltd has won solar project of 50 MW capacity at Allahabad in Uttar Pradesh. “The project was won at a tariff of Rs 4.43 per unit plus a viability gap funding of Rs 75 lakh per MW in reverse e-auction conducted by Solar Energy Corporation Limited (SECI). According to the Read more
The US Army has signed a contract for its biggest renewable-energy project yet, picking Apex Clean Energy Inc. to provide 65 MW of solar and wind energy at Fort Hood in Texas. The Defense Logistics Agency signed a 30-year contract with Charlottesville, Va. based Apex for 15 MW of solar Read more
Four renewable energy projects in developing countries have secured vital funding loans totalling $46 million. The money comes from the International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD), and was announced on the eve of the launch of Abu Dhabi Sustainability Week. The loans will Read more
Canadian Solar Inc. (NASDAQ: CSIQ), one of the world’s largest solar power companies, has announced that it has won a 63 MWp solar power project in Aguascalientes, Mexico. Canadian Solar will develop and build the solar power plant. Once connected to the grid, the electricity generated will be sold to Read more