SUBSCRIBE NEWS LETTER

First Project of BRICS Development Bank Starts Operation

The The New Development Bank approved its loans worth USD 811 million in April 2016. Four of the bank’s loan projects are in China. The first project funded by The New Development Bank, set up by India and other members of the BRICS grouping of emerging economies, has started operation in Shanghai. The USD 76 […]

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Chinese solar modules are seeing price jump for first time in years: Report

Developers not just in India, but across the world have been modeling their auction bidding strategies based on the assumed perpetual decline of Chinese module prices. Chinese solar modules are seeing a hardening of prices for the first time in years, with the average selling price (ASP) going up in India on a quarterly basis, […]

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Finance Ministry approves four proposals including that of AMP Solar India, entailing FDI of Rs.503 crore

AMP Solar India Pvt Ltd alone will bring investment of Rs 500 crore. Besides, proposals of Aditya Birla Capital Ltd, Firstspace Development Management Pvt Ltd were also cleared by the department. The finance ministry said that it has cleared four proposals, including that of AMP Solar India, entailing foreign direct investment of Rs 503.40 crore […]

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Solar power improving primary healthcare in rural Chhattisgarh – CEEW

The study finds that solar powered PHCs could significantly improve in-patient services, out-patient services, emergency care, delivery services, and laboratory services in rural India Solar powered primary healthcare centres (PHCs) in Chhattisgarh admitted over 50% more patients and conducted almost twice the number of child deliveries in a month compared to power-deficit PHCs without a […]

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Sembcorp Increases its Stake in India Renewable Energy Business, acquires IDFC PE for Rs. 1400 crore

Sembcorp Utilities has exercised its contractual right to acquire IDFC’s remaining shares in SGI Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for Rs. 1410.2 Crores. With this, Sembcorp will become the sole owner […]

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Centre aiming to install 175 Gigawatt renewable power by 2022: Harsh Vardhan

“The government has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far,” said Vardhan. Minister of Science & Technology, Environment, Forest and Climate Change Dr. Harsh Vardhan on Thursday said the government is aiming to install 175 GW […]

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Navodaya Vidyalayas to tap Solar power

Prakash Javadekar also directed that water and solar energy harvesting should form part of proposals in the new building plans and explore the possibility of having water harvesting and Bio-Gas plants in existing campuses.   HRD Minister Prakash Javadekar on Thursday directed the Navodaya Vidyalaya Samiti (NVS) to take measure for adoption of solar energy […]

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ABB India hits 5 gigawatt mark for solar inverters

Last year, ABB India doubled its solar inverter manufacturing capacity in India. The expansion follows earlier milestones achieved by ABB India in 2015 ABB India has announced that it has surpassed the 5 GW milestone for the supply of solar inverters in the country. From schools to airports, canal tops and mega solar plants, ABB’s […]

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