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renewable energy

Natcores 200 MW Vietnam Solar Project Receives Essential Government Approvals

A US$300 million solar project managed by Natcore Technology Inc. (TSX-V: NXT; OTCQB: NTCXF) has been included in the list of selected projects for the development of solar energy in Vietnams Binh Thuan Province of Vietnam, and has been approved by the Province Peoples Committee. Next up: confirmation by VietNam Electricity (EVN) and by the []

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Indias Five States host two-thirds of countrys Solar Power Capacity

Andhra Pradesh, Telangana, Gujarat, Rajasthan and Tamil Nadu accounts for 67% of the total solar power capacity operation in India. Solar power installed capacity is highly concentrated in few states in India. This is largely the result of proactive initiatives taken by some states that are also endowed with ample solar radiation resource and surplus []

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MNRE to offer financial incentives to DISCOMs to Support Rooftop Solar Power

Ministry of New and Renewable Energy will provide financial incentives to DISCOMs for Rooftop Solar Power In a new policy move, the Ministry of New and Renewable Energy (MNRE) has announced financial incentives for DISCOMs to support rooftop solar power installations. The notification proposes a financial support of up to INR 3.75m (USD 55,000)/MW for []

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SECI to float 2300MW Solar Power bids Soon

Solar Energy Corporation of India will soon release 2300MW of solar power projects. Solar Energy Corporation of India (SECI) will shortly float tenders for putting up of solar power projects with capacity of 2300MW, its managing director Ashvini Kumar announced. The corporation has committed to finalize tenders for producing 5,500-mw of solar energy, of which []

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REC lends Financial Assistance to IIT Madras for 2MW rooftop solar panel on campus

Rural Electrification Corp (REC) has provided funds of Rs 1450 lakhs under CSR activities to IIT Madras for rooftop solar panel installation. Rural Electrification Corp (REC) has extended a financial assistance of Rs 1450 lakhs under Corporate Social Responsibility (CSR) initiative to Indian Institute of Technology Madras (IIT Madras) for the project installation of 2MW []

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Hero Future Energies Raises USD 125 Million from World Banks private investment arm to fund RE projects

HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind  and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Banks private investment arm.  HFE signed an agreement with IFC []

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Global BIPV and BIOPV Market expected to reach USD 31.14 billion by 2024

Solar PV,  BIPV and BIOPV Market Share will be reaching to SD 31.14 billion by 2024 The global Solar PV, BIPV and BIOPV market size is expected to reach USD 31.14 billion by 2024, according to a new report by Grand View Research. Rising adoption of solar energy generation by renewable sources without comprising on []

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Telangana and Assam joins UDAY signing MoU with the Ministry of Power

States with over 90% of Total DISCOM Debts covered under UDAY: Piyush Goyal Renewable Energy Minister, Piyush Goyal on Wednesday launched UDAY Web Portal and Mobile App at an event.  During the event, the States of Telangana and Assam joined UDAY by signing Memorandums of Understanding (MOUs) with the Ministry of Power, for operational and financial turnaround of their []

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