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renewable energy

Growth of Indian Solar Capacity Slowing Down: Experts

According to Bridge To Indias latest report, Indias total solar capacity touched 27.4 GW by the end of September 2018. Indias solar capacity which had been witnessing a continual growth over the last four year took a slump in 2018 because of policy challenges and struggles in execution of the projects. Vinay Rustagi, Managing Director []

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Sungrow Supplies Turnkey Soln for 35 MW Malaysian Project

The project is known for the countrys first utility-scale PV plant which is equipped with smart monitoring system and set to address issues of energy shortage, efficiency and sustainability of Malaysia. One of the global leading inverter supplier for renewable, Sungrow has recently supplied a 35 MW solar project with its turnkey solution including Power []

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Chandigarhs 15 MW solar project delayed

The Chandigarh Renewal Energy, Science and Technology Promotion Society (Crest) was planning to set up 15 MW solar plant. Chandigarhs biggest solar plant project in Sector 39 for 15 MW capacity has been delayed because of the upgradation work being carried out. The Chandigarh Renewal Energy, Science and Technology Promotion Society (Crest) was planning to []

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BP Sells 430 MW of Wind portfolio in the US

BP Wind Energy will use the proceeds from the deal to fund technology upgrades elsewhere within its substantial remaining US wind portfolio. BP has sold three wholly owned wind facilities totaling 430 MW to funds managed by affiliates of Ares Management Corporation, with Bank of America Merrill Lynch serving as financial advisor to BP in []

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BHELs Solar Plant Thrown Off-Track by Rallies and Functions

Roughly three years ago BHEL had chalked out a plan to reduce the energy dependency on fossil fuels and had planned to install a 10 MW solar plant. Jambooree Maidan, which was the proposed site for a 10 MW solar park to be brought up by Bharat Heavy Electricals Limited (BHEL), has been hijacked by []

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Sterlite Power Bags $600 Mn Transmission Project in Brazil

The project will require an investment of USD 0.6 billion over the period of next 3-5 years in the state of Rio Grande do Sul, south region of the country. In the recently concluded auction for the transmission projects in Brazil, Sterlite Power has emerged as the winner for the prestigious project. The project will []

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Foreign Players Win Big in Gujarat Solar Park Auction

The previous auction conducted by Gujarat Urja Vikas Nigam in September for 500 MW saw a winning tariff of Rs 2.44 per unit. International solar developers have stood out and won the entire 700 MW capacity of the solar auction conducted by the Gujarat Urja Vikas Nigam Ltd (GUVNL). SB Energy which is backed by []

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SDMC and SECI Sign MoU for 27.5 MW Solar Plants

The agreement has been signed keeping in mind the government of Indias commitment towards green energy and SDMCs solar initiative. South Delhi municipal Corporation and the Solar Energy Corporation of India have inked a pact to develop two solar plants with a total capacity of generating 27.5 MW of electricity. SDMC officials said that work []

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Rays Power Infra Raises Rs 200 Cr from DMI Finance

The capital will be predominantly used to strengthen the companys presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly []

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