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Cost of Solar Power to Drop to Rs 1.9 Per Unit by 2030: Report

By 2030, the report predicts the cost of wind and solar to be between Rs 2.3-2.6/kWh and Rs 1.9-2.3/kWh, while the cost of storage is expected to fall by about 70 percent. The cost of generation of solar power is set to fall to as low as Rs 1.9 per unit over the next decade through 2030 in India with […]

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Sign of the times. At Petrotech Expo, PM Speaks About Renewables

The PM also said that signs of convergence between cheaper renewable energy, technologies and digital applications were also becoming evident. Prime Minister Narendra Modi while addressing the Petrotech Expo said that, globally the perception of energy consumption and supply is changing and nations are coming together to tackle climate change. “Winds of change are evident in the global energy arena. There […]

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Vikram Solar Bags 1 MW Floating Solar Project From Hindustan Zinc

The solar plant is expected to have an energy yield of 1993 MWh/Year. Vikram Solar,  a leading domestic module manufacturer and solar & EPC solutions provider has bagged the project order for a 1 MW Floating solar plant from Hindustan Zinc Limited. The plant will be located at Ghosunda Dam, Near Chittorgarh, Rajasthan. The floating […]

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ReneSola Secures Financing for Hungary and Poland Projects

Eiffel Energy Transition Fund will finance ReneSola’s 41.3 MW project in Hungary and 55 MW projects in Poland in the amount of Euro 13,428,000. ReneSola Ltd., a leading fully integrated solar project developer, has entered into a bridge financing agreement with Eiffel Energy Transition Fund for its photovoltaic projects in Hungary and Poland. Xianshou Li, Chairman and Chief Executive Officer of ReneSola, said, […]

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Tender for Development of 50 MW Solar Plant in Kerala

The solar power developers will also be responsible for the successful operation and maintenance (O&M) of the project. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) for setting up of 50 MW of Solar PV Plant at Kasargod Solar Park in Kerala. The brief scope of work for the […]

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Hanergy to Set Up ME’s 1st Thin-Film Solar Park with $1 Bn Investment

As per the deal, the two companies will collaborate to develop renewable energy manufacturing facilities in Saudi Arabia and conjointly seek relevant investment opportunities. Thin-film solar power solutions giant Hanergy Thin Film Power Group signed an investment cooperation pact with Ajlan & Bros to launch the first solar thin-film industrial park in the Middle East (ME) region. Further, […]

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Cab Aggregators Urged to Launch Electric Taxis in Gujarat

Gujarat government has asked cab companies to launch electric taxi’s in the state, to align with the states planned EV push and new electric vehicle policy. The Gujarat Government has asked cab aggregators the likes of Uber and Ola to launch electric taxis in the state. As the government plans for a big push for […]

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Sunnova Expands Solar Plus Storage Services in New York

The company has expanded its service in New York to give homeowners access to Sunnova SunSafe solar energy generation and home battery storage service. Sunnova Energy Corporation, residential solar-plus-storage service providers, announced it has expanded its service in New York to give homeowners access to Sunnova SunSafe solar energy generation and home battery storage service. […]

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Volkswagen Will Convert its Components Plant to Develop EV Charging Stations

The planned transition to e-mobility will allow the plant to accomplish the urgently needed transformation and will contribute to safeguarding employment and sustainably strengthening the financial situation of the Hanover components plant. Volkswagen Group has announced that it plans to start mass production of flexible and fast electric vehicle charging stations by 2020, and the […]

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