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India’s 60-65 per cent of installed power generation capacity will be from Renewable Energy: Piyush Goyal

“India’s renewable energy programme is a great example of how you can do big by thinking big.” Power Minister Piyush Goyal today at Take Pride event organized by CII said that India’s 60-65 per cent of installed power generation capacity will be from renewable energy. “Going by prices we have discovered, I am inspired to say that 60-65 per […]

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Waaree Energies to raise $100 million: Report

“Waaree Energies has been looking to raise funds. EY Advisory, Auditing & Business Consulting Firm is running the process” India’s one of the largest module manufacturer, Waaree Energies has reportedly appointed EY – Advisory, Auditing & Business Consulting Firm to raise a fund of USD 100 million. A close source to the company speaking to […]

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JLM Energy launches MicroStorage ‘Phazr’ for applications from large utility scale to small residential

JLM Energy’s MicroStorage ‘Phazr’ is about the size of a small brief case, weighing approximately 15 pounds JLM Energy announced the launch of energy storage product named as Phazr. The microstorage couples a battery pack directly to a corresponding solar panel. The company is touting it as the first solution that enables the dual supply […]

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Developments in the Renewable Energy Sector

The renewable energy sector is getting stronger, and becoming a prominent component of our energy infrastructure. One reason for the increasing popularity of green energy is that is becoming cheaper to produce. Michael Liebreich, chairman of the advisory board for Bloomberg New Energy Finance (BNEF) said that recent solar and wind auctions in Mexico and […]

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Hero Future Energies Raises USD 125 Million from World Bank’s 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 Bank’s private investment arm.  HFE signed an agreement with IFC […]

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MJP International signs distribution agreement with a Texas-based company, O.C Construction

MJP International has announced that it has signed an exclusive distribution agreement with a Texas-based company, O.C Construction (“the distributor”). Under the agreement O.C Construction will have the exclusive rights to sell and distribute the company’s products in some parts of Texas. The agreement covers over a dozen different types of wind turbine and solar […]

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TRACKING THE SUN

Solar power has been identified as one of the emerging sectors of future growth. The solar energy is abundant in our country, and India gets normally 300 days of solar radiation in a year. The inexhaustible sun power not only augments energy generation, but also contributes towards the improvement of environment, energy conservation, and additional […]

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Atul Arya, Head Energy Systems Division – Panasonic India

“We see a lot of potential in application of energy storage across Indian Railways.” The solar storage sector has emerged as a wakeful technology wherein it is echoing solar + storage as the next big thing. Amid, government recent helm to pilot MW projects with storage, this sector is rejigging the innovation-driven companies’ stimulus. To […]

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Rapid increase in the share of renewables has destabilized the wholesale electricity markets: Capgemini

Capgemini in the eighteenth edition of its annual study, the European Energy Markets Observatory (EEMO) has revealed that rapid increase in the share of renewables has destabilized the wholesale electricity markets. The report published in partnership with I4CE and Vaasa ETT states world Governments have increasingly dedicated budgets to developing renewable energy solutions and building […]

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