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solar energy

Trina Solar Lands First Industrial Solar Energy Storage Project in Japan

Trina Solar signed a memorandum of understanding (MoU) with Japan’s Narashinrinsigen Hozenkousya (Nara Forest Resources Protection Company of Japan) to boost the penetration of its energy storage systems in Japan.  As per the pact, this collaboration solidified Trina Solar’s entry into the industrial energy storage sector in Japan, with a commitment to supply large-scale Battery […]

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GUVNL Looks to Procure 500 MW Solar Energy with 500 MW Greenshoe Option

Gujarat Urja Vikas Nigam Ltd., (GUVNL) has issued a tender and invited bids for the purchase of power through competitive bidding process (followed by reverse e-auction) from 500 MW grid connected solar PV power projects without energy storage to be set up/ under construction/ already commissioned projects anywhere in India. The GUVNL tender comes with […]

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Solar Energy In US Can Surpass Hydropower By 2024: EIA Estimates

A latest Energy International Agency (EIA) report on solar growth in the United States (US) suggested that the country witnessed an increase in installed capacity by an average rate of by 44% annually from 2009 to 2022. It forecasted that the US would generate 14% more electricity from solar energy than from hydroelectric facilities in […]

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UPCL to Procure 200 MW Solar Energy from SJVN Green Energy Ltd

SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN in Rajasthan under CPSU Scheme, has been awarded a Letter of Intent towards the procurement of 200 MW of solar power from Uttarakhand Power Corporation Limited (UPCL). The purchase will be made at a tariff of INR 2.57 per unit from the Bikaner Solar […]

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Critical To bring Quality Standards Within The Solar Energy National Ecosystem

India’s commitment to achieving net-zero status by 2070, along with its pursuit of a greener transition, underscores the critical significance of solar power within portfolio of renewable energy. In a nation where approximately 5 billion GWh of energy is incident per year, with many regions receiving between 4 to 7 kWh per square meter daily, […]

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Solar Energy-generated Electricity Costs only 3−6 Cents Per kWh: CDRI Report

UNDP (United Nations Development Program) has released a report published by Coalition for Disaster Risk Infrastructure (CDRI), on ‘Capturing the Resilience Dividend’.  Capital Cost in Solar The report suggests that the cost of capital offers a critical benchmark to assess the risks and return preferences of investors and the pricing of money in different geographies. […]

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EIB’s €200 Million Loan To CTP To Finance Its Ambitious Solar Energy Roll-Out

European renewable energy conglomerate CTP has announced that it has secured €200 million in financing from the European Investment Bank (EIB) for the roll-out of its large-scale programme of solar panel installation across its European business park portfolio. CTP is Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable […]

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Joshit Ranjan Sikidar to Steer Solar Energy Corporation of India Limited as Director (Finance)

Joshit Ranjan Sikidar has joined Solar Energy Corporation of India Limited (SECI) as Director (Finance) on September 12, 2023. Sikidar is a Chartered Accountant, Company Secretary, Cost Accountant and MBA (Finance), with total post-qualification experience of more than 30 years. Before his appointment as Director (Finance), Sikidar was working as Group General Manager (Finance) and […]

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AmpIn Energy Transition Powers Allana Group with 4.5 MW Solar Energy

AmpIn Energy Transition, an energy transition platform and renewable energy Independent Power Producer (IPP) has solidified a strategic partnership with Allana Group to provide 4.5 MW of solar power to Allana Group’s plant in Aligarh, Uttar Pradesh. AmpIn has marked a strong presence as a renewable energy IPP in Uttar Pradesh (UP) with a robust […]

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