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Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra

“An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids,” Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and […]

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The Gospel of Distributed Energy Storage

A target of 175 GW by 2022 is not just challenging but brings a commodity to bring swift innovations to peg this clean mission. Falling energy storage costs and steadily increasing solar capacity stand to catalyze a paradigm shift from net metering to distributed energy storage. Implementing a system composed of a web of distributed […]

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Delhi Metro on Track to Become 100 Percent Green

The Delhi Metro Rail Corporation received the green certificates for its Phase-3 stations, depots, and sub-stations said a statement, and have now become only completely ‘green’ Metro system in the world for adhering to green building norms for its residential colonies. Delhi Metro has become the only completely ‘green’ Metro system in the world for […]

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PPAs signed for first Wind Auction totalling 1050 MW

Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal presided over the signing of Power Purchase Agreements (PPAs) for purchase of 1050 MW of wind power under Ministry of New and Renewable Energy (MNRE)’s first Wind Auction Scheme here today. The PPAs were signed between PTC India […]

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ReNew to Acquire Orange’s Portfolio in $950 Million Deal to Bulk Up Before IPO

ReNew power is in in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, and has already submitted a non binding offer and is conducting diligence. Sumant Sinha led ReNew Power […]

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NISE conducting 3 Days Skill Development Program PVSYST & PVSOL Software with Cost Economic and Policies

Graduate Engineers with basic knowledge of Electronics, Mechanical, Electrical & Civil Engineering, Solar Entrepreneurs; Scientists, Researchers, Engineering college faculty wishing to know about PVSYST & PVSOL” Software with Cost Economic and Policies can participate in this NISE’s skill development program. National Institute of Solar Energy (NISE), an autonomous center of excellence of MNRE, is conducting […]

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Kerala Government Approves App-based Survey to Map Renewable Energy Installations

The state government of Kerala has given its approval to the Agency for Non-conventional Energy and Rural Technology to develop the mobile app at a cost of Rs 10 lakh for Mapping Renewable Energy Installations. The Government of Kerala would soon launch a mobile app-based survey to map the renewable energy installations, such as solar […]

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DRAGON’S EYE on LION’S PIE

Alright! It gave mostly new narratives to apprehend the ‘Solar’ relation between India and China.The then thought China’s shabby rural-oriented solar program in the 1990s today throws an incremental progression amid the western economic powers. What can be more assertive to say that China is today global leader has divulged as the world’s largest renewable […]

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