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Rooftop Solar

Global power and utilities deal value falls for fourth consecutive quarter in Q3 2016

Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report. Regulated network assets remained the investment of choice for buyers across regional markets seeking stable long-term returns. Transmission and […]

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ABB India signs MoU with IIT Madras to develop multi village microgrid models

As part of the UAY scheme, ABB India and IIT Madras will collaborate to develop a power management system to optimize the operation of multiple micro-grids, with and without grid connection, while managing electricity supply to villages. This system will also enable the integration of individual solar PV rooftops to a village microgrid. The government […]

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TRACKING THE SUN

Solar power has been identified as one of the emerging sectors of future growth. The solar energy is abundant in our country, and India gets normally 300 days of solar radiation in a year. The inexhaustible sun power not only augments energy generation, but also contributes towards the improvement of environment, energy conservation, and additional […]

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West Bengal to release renewable energy regulations for housing complexes

West Bengal Electricity Regulatory Commission (WBERC) is expected to unveil renewable energy regulations in a fortnight, paving the way for households and housing complexes to install solar rooftop panels and connect the same with the grid. WBERC Chairman R N Sen said, “We are trying to release the renewable energy regulations in the next 15 […]

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Heart Turns Brain

Advanced Electronics Impacting Solar Inverters and Its Market The Evolving Inverter Solar inverters have come a long way in the history of solar power generation. It won’t be wrong to say that they have remained one of the most advancing technologies in every decade of renewable energy advancement than anything else. Inverters convert simple DC […]

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MYSUN receives a funding of $2.5 Million; Hemant Taneja joins the company’s board

Recently launched solar marketplace MYSUN (www.itsmysun.com) has received an initial funding of $ 2.5 million. This is the first round of funding after the company was founded by Gagan Vermani and two of his colleagues Divyanshu Sachdev and Gyan Prakash Tiwari in September, 2015 to focus on demand creation, technology, big data, analytics and standardization […]

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MNRE inviting comments/ suggestions on operational guideline for channel partner/ New Entrepreneurs

The Government has set a target of 40,000 MWp of Grid-Interactive Rooftop Solar PV Plants by 2022. These rooftop solar PV plants will be set up in residential, commercial, industrial, institutional sectors in the country ranging from 1 kWp to 500 kWp capacity. Such rooftop plants have become economically viable as they produce clean electricity […]

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Azure Power Ties up with Overseas Private Investment Corporation (OPIC)

Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […]

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Power sector is focusing on distributed energy production: Piyush Goyal

Piyush Goyal, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines addressing a media event informed that Coal India has set a target to replace about 15 million tons of imported coal with indigenous coal in the next six months. On sideline of the event he said “apart from shifting […]

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