State-run power sector financier Rural Electrification Corporation (REC) has announced its commitment of USD 1 million to International Solar Alliance (ISA). “In view of the World Environment Day 2018, REC contributed USD 1 million to the ISA becoming a corpus contributor,” an REC statement said. REC Chairman and Managing Director Read more…
The Gujarat government has launched a solar power scheme for farmers— Suryashakti Kisan Yojana (SKY) enabling them to generate electricity for their captive consumption as well as sell the surplus power to the grid and earn an extra buck. Announcing the pilot project of the scheme in Gandhinagar, Chief Minister Read more…
India can surpass the target of attaining 100 GW solar energy by 2022, provided it replaces all traditional water pumps by solar water pumps, said a study. According to the report, these grid-connected, net-metered solar pumps will also play an important role in providing secondary income to farmers, while giving Read more…
On December 6, 2018, the Chief Minister of Uttar Pradesh Shri Yogi Adityanath inaugurated a three-day long Khadi Exposition 2018, in Lucknow. At the event Navneet Sehgal, Principal Secretary, Khadi and Village Industries Board (KVIB) and Atul Bagai, UN Environment Country Head, India, signed a Memorandum of Understanding, under the Read more…
Auctions for around 8,000 MW solar capacities worth Rs 40,000 crore were cancelled in 2018-19, leavig developers and investors high and dry, according to an industry source. Solar project developers continued to face uncertainties in 2018-19 as central and state government agencies as well as a private distribution company cancelled Read more…
Several power-consuming small and medium enterprises (SMEs) in India are hesitant to install rooftop solar panels due to perceived performance risks, according to a survey by global consultancy giant Deloitte. The survey, titled ‘Scaling Up Rooftop Solar in SME Sector in India’, was conducted by across 150 MSMEs in six Read more…
Installing solar panels on your terrace to generate power can be a rewarding idea in many ways. If you face frequent power-cuts, a rooftop plant may be a great solution. You get electricity at a price that is now comparable to or lower than conventional sources of power. There are Read more…
India emerged as the third largest solar market in the world after China and the US. India’s solar installations reached 8.3 GW, including large-scale and rooftop solar units, according to a report by Mercom Communications India. The country’s cumulative solar capacity is 28 GW as of 2018. Mergers and acquisitions Read more…
To achieve energy security and promote the use of green energy, Chennai Metro Rail Limited (CMRL) has installed and commissioned 428 KWp solar power plant on the rooftop of two elevated stations – OTA and Meenambakkam. These solar plant projects were executed under Zero Capital Investment by CMRL and are Read more…
Amid gloom-and-doom predictions on the impact of climate change, a global research study has, for the first time, projected that a global transition to 100% renewable energy is possible by 2050 across all sectors, including power, heat generation, transport and desalination, provided there is political will to achieve it. The Read more…