Tags: solar

KKR launches Virescent Infrastructure- a platform to acquire renewable energy assets

Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Headquartered in Mumbai, Virescent aims to expand its diversified portfolio of operational renewable energy assets, facilitated by investments predominantly made through KKR’s infrastructure fund. Virescent looks to identify investment opportunities that have stable […]

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US want India to explore cheaper alternative to silicon solar cells: Dan Brouillette

The United States wants India to explore manufacturing a cheaper alternative to silicon solar cells, US Energy Secretary Dan Brouillette said on Wednesday, amid high dependence on Chinese technology. Brouillette, who was addressing a virtual press conference at the conclusion of the India energy forum at the IHS CERA Week, said India was “perfectly positioned […]

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Renesas Extends RA MCU Family with RA6T1 MCU Group for AI-based Endpoint Predictive Maintenance

Renesas Electronics Corporation has  announced the extension of its microcontroller (MCU) portfolio designed for motor control applications targeting smart homes, industrial automation, and building automation. Featuring a rich set of peripheral functions and AI-based failure detection, the four new RA6T1 Group MCUs are the latest members of Renesas’ rapidly expanding Arm-based RA Family, and the […]

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Global solar PV installations to hit 115 GWdc in 2020: Wood Mackenzie

As global solar PV markets continue to weather the challenges posed by the coronavirus pandemic, solar PV installations are expected to hit 115 GWdc this year, according to Wood Mackenzie’s latest quarterly market outlook. This is up 5% from the total installed globally in 2019. “The most severe of lockdowns have ended in almost all countries, […]

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RE Invest, the flagship event of MNRE scheduled from November 26 to 28

The Ministry of New and Renewable Energy’s (MNRE) flagship event RE Invest (3rd Edition) will take place virtually from November 26 to 28. According to the sources PM Narendra Modi will inaugurate the event on November 26. CEOs of global companies are expected to participate in the event. The main aim of conducting the conference […]

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Here is what PM said delivering inaugural address at 4th India Energy Forum

PM delivered inaugural address at 4th India Energy Forum CERAWeek through video conference. The theme of this edition is “India’s Energy Future in a world of Change”. Speaking on the occasion, the Prime Minister said India is full of energy and its energy future is bright and secure. He  elaborated that in spite of various […]

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WAAREE Energies opens franchisee in Africa

WAAREE Energies, homegrown solar module manufacturer has recently strengthened its presence in West of African continent by opening franchise in Conarky and shall have a new showroom which will be single point of contact for all requirements in Conarky. This franchise shall prove to be a torchbearer in solar mission of Guinea. With introduction of High quality […]

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Ultra Mega solar park coming up in Uttar Pradesh, thanks to NHPC

Hydropower major, NHPC gearing up to develop 600 Megawatt (MW) ultra-mega solar park in Deoria district of Uttar Pradesh. The site where the project will be developed is an island with Ghaghra river flowing from both its sides. It will be developed in a joint venture with the UP government or special purpose vehicle mode. […]

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Discoms can save up to INR 21880 crore with Indexed renewable energy tariffs: IEEFA

The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector and help India move away from coal-fired power, according to a joint briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and the CEEW-Centre for Energy Finance (CEF). Zero indexation tariffs have been the […]

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MNRE proposes framework for promoting application of distributed renewable energy (DRE)

The Ministry of New and Renewable Energy (MNRE) has proposed a framework for promotng application of distributed renewable energy (DRE) in rural areas. DRE applications are powered by renewable energy and are used for earning livelihoods directly solar dryer, solar powered cold storage, solar charkha, solar lighting systems. There are successful pilots and business models […]

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