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ReNew Power Raises Rs 2,235 Crore From NCD

The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […]

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Solar Power Projects Get Assistance from International Institutions: Government

The assistance for solar power projects under such schemes are available to all States/UTs depending on requirement and demand. The Government has various solar power programmes which are being implemented through assistance of World Bank, International Finance Corporation and other multilateral financial institutions. This was stated by Power and New & Renewable Energy Minister, Raj […]

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India’s Second-Largest Grid-Connected Rooftop Solar Plant Commissioned In UP

The award for Turnkey execution of the undertaking, together with five years of Operation and renovation, turned into placed on Thermax Limited. India’s government-owned solar corporation of India (SECI) declared it has commissioned the USA’s second-largest rooftop solar PV plant at GAIL’s Petrochemical complex at Pata in Uttar Pradesh. The 5.76 Mega Watt (MWp) huge […]

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Renewable Energy Crosses 62 GW Mark Including over 16 GW of Solar Power

Solar, wind and thermal power cost around Rs 6 crore for each MW for making new limits according to industry data. The nation’s renewable energy source limit remained at 62.05 GW by November 2017, which incorporates 32.75 GW of wind vitality and 16.61GW of solar power, Parliament was educated today. Power and New & Renewable […]

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India Can Reach 17k MW Renewable Energy Capacity by 2022: Government

India can reach a capacity of 17,000 megawatts in renewable energy by the year 2022, the Rajya Sabha was informed. During the Question Hour, Minister of state for power, new and renewable energy R K Singh said the share of renewable energy was progressively increasing in the Indian electricity mix. “In the year 2015-16, with […]

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Coal Secretary Inaugurates 130-MW Solar Power Plant of NLC in Tamil Nadu

The entire power generated from the solar plant would be supplied to TANGEDCO, at a preferential tariff of Rs. 5.10 per unit for 25 years, a press release stated. As part of government’s commitment to green energy initiatives, Coal Secretary Susheel Kumar inaugurated a 130 MW solar power project at 33/110 KV pooling substation in […]

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Columbia Engineers Develop Floating Solar Fuels Rig for Seawater Electrolysis

The electrolyzer component of this device is based on a simple, membraneless design that enables efficient operation with high product purity and without active pumping of the electrolyte. In a single hour, more energy from the sun hits the Earth than all the energy used by humankind in an entire year. Imagine if the sun’s […]

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Alterra Power’s Spartan Solar Project Begins Commercial Operations

Alterra will manage the project, which sells 100 percent of its power under a 25-year agreement with the Board of Trustees of Michigan State University. Alterra Power Corp. and Inovateus Solar LLC are pleased to announce the 11 MW Spartan solar project commenced full commercial operations. The Spartan project is located at the Michigan State […]

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