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
The Cabinet Committee on Economic Affairs (CCEA) has approved scaling up of the budget for implementing Grid Connected Rooftop systems up to 2019–20 under the National Solar Mission (NSM) from Rs 600 crore to Rs 5,000 crore. The move is aimed at supporting installation of 4,200 MW solar rooftop systems Read more…
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…
SolarTown Energy Solutions Pvt. Ltd, a pioneer in India’s solar industry specializing in the sale, lease, and installation of solar rooftop systems for residential, commercial, and industrial customers, has announced the installation of a solar rooftop system on a 2,400 square foot multi-level residential property in Hyderabad that is estimated 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 Government of India plans to install 100 GW of solar power capacity by 2022 through the implementation of the Jawaharlal Nehru National Solar Mission (JNNSM). The mission has a major R&D initiative in the area of solar energy. In order to support the R&D strategy, a high level Solar 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…