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solar energy projects

ReneSola Announces Strategic Partnership with China Resources Leasing for Credit Facility on Solar Power Projects

ReneSola Ltd has partnered with China Resources Leasing for annual credit facility to fund solar power projects ReneSola, a leading fully-integrated solar project developer and provider of energy-efficient products has formed a strategic partnership with China Resources Leasing Co., Ltd., a subsidiary of China Resources (Holdings) Co., Ltd (“CR” or “China Resources Group”), a conglomerate […]

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Gujarat DISCOMs Fail to Meet Purchase Target for Renewable Energy

GUVNL DISCOMs fails to meet purchase target of renewable energy sources. Gujarat Urja Vikas Nigam Ltd (GUVNL) affiliated four distribution companies (DISCOMs) fell short of purchasing required renewable energy in 2015-16 on account of low supply of power from wind and other renewable energy sources. Under the Renewable Purchase Obligation (RPO), a distribution company is […]

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PSEG Solar Source Acquires Two Solar Projects from BayWa r.e.

The two solar projects have a 10-year power purchase agreement with Virginia Electric and Power Co. and are located about 90 miles northeast of Raleigh in Halifax, N.C PSEG Solar Source has announced that it has acquired two North Carolina solar projects from BayWa r.e., with a total capacity of 47 MWs-dc. The company has acquired the two solar facilities […]

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NEXTracker, CleanMax Partners Eyes Big at Indian Solar Tracker Market

Extensive plans to foray into the Indian solar market, also partners with CleanMax for 30 MW grid-connected solar project Pinning the potential of trackers in the Indian solar industry, NEXTracker today shared a comprehensive overview on their current and future plans for India. The American single-axis major has also inked strategic partnership with CleanMax Solar […]

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Storage-linked Solar Power to Reach 5 kWh by 2022

Renewable Energy like solar power is available for half the cost, and can reach 5 kWh by 2022. Renewable Energy like solar power with storage is already available at half the cost, compared with power from diesel-run generators, according to industry watchers. Vikram Kailas, Managing Director and CEO, Mytrah Energy, told BusinessLine: “We are probably […]

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Punjab Solar Power Firms Seek More Time for Setting up Units

Punjab Solar Power Producers have sought extension of deadline for construction of solar plants. Solar power producers in Punjab have sought extension of deadline for setting up projects that will be eligible for exemption from transmission and wheeling charges. Punjab electricity regulator had in January last year approved the exemption for renewable energy projects set […]

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Puducherry CM seems keen on Adoption of Innovative Renewable Energy Production Sources

Puducherry to adopt Innovative Renewable Energy to enhance saving of energy and green environment. Puducherry Chief Minister V.Narayanasamy has said that the territorial administration was keen on conservation of energy and also adoption of innovative renewable energy production sources such as solar energy so that a green environment could be achieved for the people’s advantage. […]

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Saudi Arabia to Launch Multi-billion Renewable Energy Schemes

World’s largest oil exporter vies to diversify its focus to Renewable Energy Saudi Arabia is set to launch a renewable energy programme worth up to $50 billion, as the world’s largest oil exporter vies to diversify its economy, its energy minister stated. “This is the first time we talk about the specific programme,” minister Khaled […]

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