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Smart Cities Need Smart Energy Sources As India continues to industrialize rapidly, it is entering its most energy-intensive phase of economic growth — building new infrastructure and increasing the use of transportation. Its energy demand was nearly 700mtoe (million tonnes of oil equivalent) in 2010. According to a McKinsey report, “India: Towards Energy Independence 2030”, this is expected to cross ... Read More »

Canada’s SkyPower partners BYD for 750 MW solar projects in India Canadian solar energy developer SkyPower Ltd on Friday said it has entered into an agreement with Chinese battery technology firm BYD Co. Ltd to submit a joint bid in the upcoming tenders for solar power projects and energy storage of up to 750 megawatt (MW) in India. The agreement, ... Read More »

Centre clears 200 mw solar project in Raj   The Cabineton Wednesday approved a proposal to provide 400 hectares of barren land at Central State Farm (CSF), Jetsar in Rajasthan for setting up of more than 200 mw solar power plant. “The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for utilisation of 400 hectares of un-cultivable ... Read More »

Schneider Electric plugs into solar power Schneider Electric India is eyeing a 25-30 per cent growth in its solar business in the next two years. The energy technology company plans to supply equipment for mini and micro grids such as inverters and charge controllers to companies taking up projects to provide electricity in Indian villages. “With the national mission for ... Read More »

Here Comes The Next Huge Wave Of Solar Panels The solar industry is booming. The millionth set of solar panels in the United States was installed sometime in the last two months, and industry leaders expect the number of solar-powered systems to double within two years. That’s a huge deal, experts say. While solar still only makes up 1 percent of ... Read More »

Tata Power set to buy Welspun’s wind, solar assets valued at $1.45 billion Tata Power, the country’s largest integrated power utilities company, looks set to acquire the renewable energy assets of the diversified Welspun Group, valuing the 1152 MW or 1.15 GW portfolio of operational and almost ready solar and wind farms at close to $1.45 billion, inclusive of its ... Read More »

On track to add 10,500 MW solar power: Piyush Goyal India will definitely achieve the target for enhancing solar power capacity and add 10,500 MW in the current fiscal, New & Renewable Energy Minister Piyush Goyal said on Friday. India has set an ambitious target of adding one lakh MW of solar power generation capacity by 2022 which is five ... Read More »

UDAY is a game changer Minister for power, coal, new and renewable energy Piyush Goyal has scripted the Ujwal Discom Assurance Yojana (UDAY) to turn around highly indebted state power distribution companies, the weakest link in the entire electricity value chain. Efficient and healthy power distributors will be able to purchase more power from generators, while keeping consumer’s power bills ... Read More »

India will become fourth largest solar market in 2016: report With expected new capacity addition of 5.4 gigawatt (GW) in 2016, India will become the fourth largest solar market globally this year, overtaking the UK, Germany and France, a report released by Bridge to India (BTI), a renewable energy consulting firm, said on Friday. A rapid reduction in costs and ... Read More »