Solar News

Tirupati to Adopt Energy-efficient Practices, Installing 2 MW Rooftop Solar

The nation’s richest temple trust, which manages the Tirumala Venkateswara Temple in Andhra Pradesh, has taken more steps to go green. The Tirumala Tirupati Devasthanams (TTD) is going to green with efficient energy practices along with a water management system. The Bureau of Energy Efficiency (BEE) has given acquiescence to AP State Energy Conservation Mission […]

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Countries Investing in RE Enjoy Greater Economic Growth, says UK Study

Researchers at the University of Sussex Business School and the University of Portsmouth have discovered that countries that invest more in renewable energy enjoy greater economic growth and lower levels of income inequality. The study, which analysed data from over 200 countries between 2000-2019, shows that renewable energy acts as a catalyst for reducing income […]

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Top 10 Cleantech Trends for 2021 By IHS Markit

Asia will account for over 70 percent of total floating PV installations by 2024, says London-based information provider IHS Markit, among other cleantech trends expected this year. The whitepaper “10 Cleantech Trends in 2021” makes the following predictions vis a vis the renewables sector: 1. Renewable installations will rebound by double- digits after covid-19 impasse Annual […]

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NTPC, ONGC To Focus On Offshore Wind Energy Developments ?

News reports have quoted state-owned National Thermal Power Corporation Ltd (NTPC) and the Oil and Natural Gas Corporation Limited (ONGC)  joining together for the development of offshore wind energy in the country. For ONGC, the national oil explorer, any tie-up is considered  relevant as power generation has not been its forte, and offshore wind offers […]

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Andhra Pradesh Announces Financial Assistance for Solar Rooftop Plants

Andhra Pradesh Eastern Power Distribution Corporation Limited (APEPDCL) announced last week that residential customers interested in installing grid-connected rooftop solar (RTS) plants would now be entitled to receive central financial assistance. The Ministry of New and Renewable Energy (MNRE) has sanctioned 8MW capacity in the residential sector under Phase II of the RTS program for […]

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Mainstream Renewable Power Closes Financing for Chilean Solar-Wind Farm

Global wind and solar company Mainstream Renewable Power has achieved financial close for the third and final phase of its “Andes Renovables” wind and solar platform in Chile. The  US$182 million in debt raised will be used to build the “Copihue” phase which consists of one wind farm, named Camán, located in central Chile. The […]

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NTPC Tenders For 500 MW of Solar EPC Projects

Close on the heels of announcing an aggressive reset of its renewable energy targets, state owned NTPC Limited has invited bids for an engineering, procurement, and construction (EPC) package with land development for 500 MW of grid-connected solar projects anywhere in India. The tender, floated on Friday last week (July 2) has a last date […]

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Azure Power Secures $163 Million Investment for 300 MW Solar Project

NYSE listed Azure Power, has secured a USD 163 million investment led by Tokyo-headquartered Mitsubishi UFJ Financial Group (MUFG). This investment is five-year syndicated financing for a 300 MW solar plant to be developed in Rajasthan. With this, Azure follows Adani Green energy in getting MUFG on board. MUFG is the third renewables project financing […]

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Expect 6 Lakh H2 Fuel Cell Buses to Run by 2035 : Information Trends

Close to 600 thousand hydrogen fuel cell buses and minibuses will be in service by 2035, according to a market research study published by Information Trends. The study, “Global Market for Hydrogen Fuel Cell Buses,” covers hydrogen buses and other public road transportation vehicles. Hydrogen buses have been the primary driver of the fuel cell […]

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