SUBSCRIBE NEWS LETTER

BEE

YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector

The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […]

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The Photovoltaik-Institut Berlin (PI Berlin) to Acquire 100 Percent Shares in SolarBuyer

SolarBuyer has been a well-respected player in the US market for technical risk management and quality assurance services since 2011. As of January 1, 2018, the Photovoltaik-Institut Berlin (PI Berlin) will acquire 100 percent of the shares in the US company SolarBuyer. SolarBuyer is a leading provider of risk management and quality assurance services for […]

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SECI Invites Expression of Interest to set up 20 GW Solar PV Manufacturing Facility

Under the EOI, SECI will gather information on the feasibility of such floating projects and prospective developers to help its forming of the call for bids for various capacities. Solar Energy Corporation of India (SECI) has invited an expression of interest (EoI) from prospective manufacturers to set up an integrated solar manufacturing facility in India. […]

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Hydrogen Producing Floating Solar Cells Developed

A novel photovoltaic-powered electrolysis device which can operate as a stand-alone platform that floats on open water is discovered by the researchers from Columbia University in the US. Floating solar cells competent of utilizing sun energy to produce hydrogen fuel from water have been developed by the scientists. Currently, NASA’s space program is using hydrogen […]

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Fronius India Aims to Double Turnover in Two Years

Fronius India plans to expand their solar inverter business by entering east and central India, where they see tremendous opportunities for growth.   Fronius India, one of India’s leading supplier of solar PV string inverters, is aiming to double its turnover by fiscal 2019. Commenting on aiming to achieve a considerable increase in market share, […]

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Nepal Government to Buy Locally Produced Solar Power at Rs 7.30 Per Unit

Nepal Electricity Authority has already decided to purchase the solar power from individual households and connect it to the national grid. The Nepal government plans to buy domestically produced solar power at Rs 7.30 per unit. Nepal Electricity Authority has already decided to purchase the solar power from individual households and connect it to the […]

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Ramanathapuram in Tamil Nadu to Set Up a 500MW Solar Power Plant

A subsidy of Rs 20 Lakh is allotted for every MW of generated capacity set up within the park. Tangedco has received the approval from the centre for setting up a 500 MW solar park in the district of Ramanathapuram. The project is sighted to be the country’s first set up to be built government-owned […]

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