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…
Waaree Energies Ltd, which has been primarily in solar PV module manufacturing, is now witnessing a steady rise in business from rooftop solar projects. According to Nitin Kapadnis, Senior Vice-President, Franchise, Waaree Energies, solar module accounts for nearly 85 per cent of its total business. The remaining 15 per cent Read more…
Leading hydro-power generator NHPC Ltd has firmed up plans to develop a 100 Mw soalr park in Odisha Opting for a staggered implementation, the central PSU, in the first phase, has invited bids from engineering, procurement and construction (EPC) contractors for installing a 40 Mw crystalline PV (photo voltaic) grid-connected solar power project Read more…
New Delhi: Billionaire Gautam Adani on Wednesday said his group is aiming to become the world’s largest solar power company by 2025 and the biggest renewable energy firm by 2030. In a Linkedin post, the Adani Group chairman said the age of renewable energy has dawned upon the world faster Read more…
New Delhi: Adani Green Energy and Azure Power have emerged as successful bidders in Solar Energy Corporation of India’s first manufacturing-linked solar tender, a top government official said on Friday. Adani has bid for 1.5 GW solar cell manufacturing capacity and 6 GW generation capacity, MNRE Secretary Anand Kumar said Read more…
Vijayawada railway station has become the first in the country to set up a solar photovoltaic cover over platform (COP) at platform numbers 4 and 5 in the station. A press release said the plan to utilise the platform roof to harness solar energy is the first-of-its-kind in the history Read more…
BEIJING: China will allocate 1.5 billion yuan ($217.27 million) to new solar power projects in 2020, its energy administration said in a statement on Thursday. Of the funds, 500 million yuan will be given to distributed power projects for residential users, and the remaining 1 billion yuan will be split Read more…
BEIJING: China will halt subsidies for new offshore wind power and concentrated solar power (CSP) projects and adopt a green certificate quota trading scheme from next year, the country’s Ministry of Finance said. The move comes as China, whose renewable power installations make up about 41 per cent of total Read more…