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MNRE sets new capacity addition target of 16,660 MW for green energy

The Ministry of New and Renewable Energy has set the uppermost capacity addition target of 16,660 MW for the clean power sector this fiscal. The target is close to four times the capacity target that the government set in the previous year. MNRE expects solar segment to achieve its highest-ever annual capacity in the current […]

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Public and NBFCs commits investment of Rs 3.82 lakh crore for 76,352 MW Capacity – Piyush Goyal

The indigenous renewable sectors have turned heads recently. With active participation from investors and integrators, India seems to lorry its promising solar mission. At the ongoing budget session of Parliament, New and Renewable Energy Minister Piyush Goyal elatedly states that public as well as private banks and non-banking finance companies (NBFCs) have committed for financing […]

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3000 Indian villages to get electricity through renewable energy sources under the DDUJGY scheme: Piyush Goyal

Government is gearing up to electrify about 3000 villages through renewable energy sources. Minister of State (IC) for Power, Coal and New & Renewable Energy- Piyush Goyal said that out of un-electrified villages, about 3000 villages to be electrified through renewable energy sources under the DDUJGY scheme. Union Finance Minister Arun Jaitley in his budget […]

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IFC, MP Govt to Build the Largest Single-site Power Project in Rewa

A member of the World Bank Group share intends to partner with Madhya Pradesh government for a massive solar project. IFC and state govt. aims to setup the largest single-site power project of 750-Mw in Rewa. IFC will put its expertise to structure and propose the transaction through private investments of about $750 million. “Successful […]

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Duke Energy Comes Up with 17MW of PV in US Military Base

Recently, US based utility company Duke Energy Corp. said that, “They will construct a 17-MW PV plant at the southeast segment of the Naval Support Activity Crane (NSAC) in the State of Indiana.” The Organization has petitioned for a Certificate of Public Convenience and Necessity with the Indiana Utility Regulatory Commission. As per the statement […]

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Huawei and India’s Waaree Energies Clears Path for Renewable Technology

Amid the Intersolar India 2015 display and meeting held at Mumbai between 18th of Nov to 20th of Nov, 2015 Huawei Technology Co. Ltd., China has declared its association with Waaree Energies Ltd. Waaree Energies Ltd. has put in a request for 100 MW’s of string Inverter and SmartPV arrangements on Huawei for its undertakings […]

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Is Alternative Energy the “Game Changer” for India – A look back!

The energy of the sun and the rays produced are significantly essential for life. Now that’s elementary, what about transforming sunlight into electricity power by directly using the photovoltaic (PV) process or indirectly using the concentrated solar power (CSP) process? Today, these types of energy process from sunlight have immaculate applications and benefits for the […]

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Schneider Electric to Build New Manufacturing Facility in TN

Schneider Electric, a global leader in energy management and automation, has announced plans to set up a new state-of-the-art manufacturing facility in Hosur, Tamil Nadu. The 500,000-square-foot plant, located at Horizon Industrial Park near Shoolagiri along the Bangalore–Chennai highway, will support the company’s IT Business division. The facility will focus on the production of Battery […]

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Odisha To Meet 33% Of Its Power Needs Through RE By 2036

Odisha has attracted over ₹5 trillion in investments across manufacturing sectors over the past three years, with 14% flowing into green energy equipment and 8% into electric vehicles (EVs) and EV components. In its “Odisha Vision 2036 & 2047” document, the state outlined plans to meet at least 33% of its energy needs from renewables […]

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