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Cabinet Approves Raising of Bonds of Rs. 2360 crores for Renewable Energy

MNRE will raise the bonds through the Indian Renewable Energy Development Agency, and the funds will be used for approved programmes/schemes for solar park, green energy corridor, generation-based incentives and more. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to Raising of Bonds of Rs. 2360 crores for […]

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Array Technologies Provides Solar Trackers for Facebook Facility, Opens New Office in Europe

Array Technologies is partnering with local companies to bring solar tracking power to Facebook’s new data center in New Mexico Array Technologies has announced that it will partner with Affordable Solar to install trackers at Facebook’s upcoming data center located in Los Lunas, New Mexico, USA. The company also announced that it has opened a […]

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Renewable Energy Employs 9.8 Million People Worldwide: IRENA

“Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […]

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Surana Solar Wins 5MW Rooftop Solar PV Project in Andhra Pradesh

Kakinada Smart City Corporation’s 5MW Rooftop Solar PV Project will be developed under the RESCO model for at Rs.5.25 ($0.081)/kWh. Surana Solar has won the bid to develop 5MW of grid-connected rooftop solar PV Project in Kakinada City, Andhra Pradesh with a lowest tariff quoted at Rs.5.25 ($0.081)/kWh. The bids were tendered by Kakinada Smart […]

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Boviet Solar Introduces New 60-cell 280-295W Smart Solar Modules Embed with SolarEdge Power Inverters

By bundling the SolarEdge power inverter with Boviet’s High Efficiency solar module, installers only have to work with a single supplier, which results in savings in both product sourcing and installation. Boviet Solar Technology Co., Ltd., has finalized a partnership with SolarEdge Technologies, Inc. to include SolarEdge solar power inverters with Boviet’s 60-cell mono smart […]

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SMA Inverters Powering 3 MW of Mexico’s Largest Solar Power Plant

Mexico’s Largest Developer, Gauss Energia Cites Reliability, Efficiency as Key Reasons for Choosing SMA for its 3 MW Solar Power Plant. SMA inverters have recently been installed to help power up 3 MW of solar power plant in Mexico as part of a rebuild for the Aura Solar I project in La Paz, Baja California […]

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Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector

“If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […]

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