Solar Energy

SBI to Save Rs 30cr Via Investing in Green Energy

The bank now possesses a capacity of 21.23 MW in renewable power source. According to bank, adding the current capacity to 25 MW will help it save Rs 30 Crore annually. State Bank of India (SBI), country’s largest lender said that it expects to save Rs 30 Crore through its investment in solar and wind […]

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Rooftop Solar Panels to Light up Pakhowal Stadium

Officials claimed that during the first phase, solar system with a 10kw capacity has been planned. Aiming to utilize solar energy under the Smart City Mission, civic officials have decided to install rooftop solar panels inside the Pakhowal Road Indoor Stadium. Currently, there is no power connection inside the stadium which is having a seating capacity […]

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Canadian Solar Sells Brazil’s Guimarania Project to Global Power Generation

The project, located in the state of Minas Gerais in Brazil, is under construction and expected to reach commercial operation in the fourth quarter of 2018. Solar PV modules maker Canadian Solar has sold its interest in the 80.6 MWp Guimarania solar energy project in Brazil to Spanish firm Gas Natural Fenosa’s arm Global Power Generation. The project, […]

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Azure Power Commissions 40 MW Project in Uttar Pradesh

Under the agreement Azure Power will supply power to SECI for the period of next 25 years at the levelized tariff of Rs 4.92 per KW which is inclusive of Viability Gap Funding (VGF). India’s one of the leading power producers, Azure Power has announced the commissioning of a 40MW solar plant in Uttar Pradesh […]

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India’s Solar Capacity Addition Likely to Drop by 40 Percent in 2018-19: ICRA

Between April 2017 to February 2018 the country has added around 7.2 Gw solar capacity to its kitty. It is highly likely that India’s solar power capacity addition will drop by 40 per cent to a range between 4 Gigawatt (GW) and 4.5 Gw in the 2018-19, thanks to the recent slowdown in the tendering and project […]

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UK Joins International Solar Alliance

The formal announcement from the country came at the event held at the London Stock Exchange as part of the Commonwealth Heads of Government Meeting 2018 (CHOGM). The United Kingdom on 16th April 2018 became 62nd member of India led International Solar Alliance (ISA). UK cemented the membership with ISA to provide affordable and sustainable energy for all […]

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Solar Rooftop Manufacturers Awaiting Rs 200 cr Govt Subsidy

Since, September last year no payment has been made to the manufacturers. The Central Government has not yet paid the subsidy dues to the solar rooftop manufacturers who sell their products on subsidized rates to customers and later recover it from the government. Since, September last year no payment has been made to the manufacturers. […]

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Global Flat Glass Demand in Solar Energy to Grow 20% Annually Through 2022: Study

A new study, Global Flat Glass Market, 13th Edition, from Cleveland-based industry research firm The Freedonia Group, forecasted that, global demand for fabricated flat glass in solar energy is expected to grow at a 20 percent annual rate to $8.5 billion in 2021. The pace of gains will be similar to that of the 2011-2016 period, as solar […]

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Surat Tops Among Green Energy Producers in India

SMC produces 86.5 GWh of renewable energy as compared to its per year requirement of 245 GWh, which is 35 percent of its requirements. The municipal body of the diamond city, Surat Municipal Corporation (SMC), produces nearly 40 MW of renewable energy from solar, wind and biogas. Also, additional 10 MW of green energy is expected to […]

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