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Tumbling Solar Prices Starts Claiming Victims as Trina Reconsiders India

Trina solar CEO says the Chinese company is reconsidering a planned India plant because prices there are now too low. The price of solar is tumbling across the world. And solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to […]

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World Bank’s IFC Funds CleanMax Solar with $15 Million

IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […]

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ABB and HPE Bring Intelligence to Industrial Plants

ABB and HPE will deliver joint industry solutions that merge OT and IT to turn industrial data into insights and automatic action, combining widely-adopted cloud platforms like Microsoft Azure with IT systems running in corporate data centers and at the edge of the network. ABB and Hewlett Packard Enterprise (HPE) have announced a strategic global […]

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A 24MW Floating Solar Power Plant in Tuticorin to Be Setup By SPIC

EDAC Engineering will be responsible to provide support for construction of the floating solar power plant. The Southern India Chamber of Commerce and Industry (SICCI) announced during a conference on ‘Climate change mitigation in manufacturing industries’, to set up a 24MW floating solar power plant to be built by Southern Petrochemical Industries Corporation (SPIC), a […]

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EESL Organises Global Event INSPIRE 2017 on Energy Efficiency in Jaipur

INSPIRE 2017 is a global conference which aims to bring various stakeholders such as policy makers, innovators, financiers, influencers to showcase best practices in the sector. Energy Efficiency Services Limited (EESL) in alliance with the World Bank and Alliance for an Energy Efficient Economy (AEEE) organised the first edition of the International symposium to promote […]

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ADB Grants 44.76 Million Dollars Loan to Develop Solar Power Plant in Afghanistan

The new on-grid solar power generation project will not only provide access to a clean and reliable power supply, but also demonstrate the viability of future renewable energy investments through public-private partnerships. The Asian Development Bank (ADB) has approved a $44.76 million grant to develop Afghanistan’s first 20 megawatts on-grid solar power plant and boost […]

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Government to Auction up to 17 GW Solar by March 2018

The government is looking at 17 GW capacities by March 2018. So far, 3.6 GW solar capacities have been auctioned. With persistent success of reverse auction of renewables, the Ministry of New and Renewable Energy has announced auction of up to 17 GW solar capacities by March 2018. The government is looking at 17 GW […]

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LSIS and Macquarie Capital Signs MOU For Solar Power and Energy Storage System

The recently signed MOU will enable LSIS’s expansion of new business strategies to strengthen and help raising financial funds. South Korean manufacturer for electric automation equipments and electric power, LS Industrial Systems Co. (LSIS) and Macquarie Capital in order to progress in the competitive scenario in the solar power and energy storage system (ESS) operation […]

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Canal Based Solar Power Projects Top Priority Says Uttar Pradesh Government

The ambitious solar project is expected to generate more than 2000 MW power from solar panels and micro-hydel power projects in UP. The Uttar Pradesh government is planning to generate power by installing solar power panels in open spaces around vast canals and establish micro-hydel schemes to explore potential of solar power generation across the […]

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