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BHEL bags order for 50 MW Solar PV power plant in Madhya Pradesh on EPC basis

Bharat Heavy Electricals Limited (BHEL) has bagged order for setting up a 50 MW Solar Photovoltaic (SPV) Power Plant at Mandsaur in Madhya Pradesh on Engineering, Procurement and Construction (EPC) basis. The order valued at Rs.282 Crore, has been placed on BHEL by NTPC Limited. The project is scheduled for completion in twelve months. Early […]

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Indian Banks edgy, as Solar Companies fails to deliver

What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […]

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Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015

Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […]

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Govt. upbeats Solar Power Generation to 48GW by 2019

Eyeing the indigenous growing solar reputation, the government is aiming to extend the solar power generation capacity to 48GW by early 2019, giving an early deed to the promising 100 GW National Solar Mission chalked by 2022. Latest projections from The Ministry of New and Renewable Energy (MNRE), has benchmarked a target generating 48GW grid […]

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Intersolar India joins forces with HUSUM Wind

HUSUM Wind has announced entering into strategic partnership with Intersolar. From October 19 to 21, 2016, the renowned exhibition for wind energy will be represented with a special area at India’s largest exhibition where around 230 exhibitors and over 11,000 visitors are expected to attend and conference for the solar industry in Mumbai. Intersolar in […]

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ABB, IIT Madras enters into R&D partnership for microgrids & green energy

ABB on Tuesday signed a memorandum of understanding with the Indian Institute of Technology Madras (IIT-M) to build microgrids as well as joint R&D in the field of rural electrification, utilization of natural non-fossil resources, battery energy storage and their connection to loads and main grid. The MoU signed also includes internship opportunities to post […]

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ABB India, Welspun Energy reach 700MW of installed solar PV in India

Supplier of solar photovoltaic (PV) inverters ABB and developer Welspun Energy today announced that together they have installed about 700 MW of solar photovoltaic projects across several states in India.  It includes a key project of 52 MW on PPP (pubic-private partnership) for Maharashtra State Generation Company at Baramati. “By setting up large scale solar […]

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Haryana Government to make installation of solar power plants mandatory

Haryana Government has decided to make installation of solar power plants mandatory for housing societies, industries and other specified categories of buildings. Haryana Principal Secretary, Renewable Energy, Ankur Gupta said notification has been issued in this regard to promote green and clean power and set a high trajectory for solar power generation in the State. […]

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