Bank of Baroda and Germany’s KfW Development Bank today announced they have joined hands to extend funding of $113 million to refinance solar power projects in India.
After tying up for 1,000MW solar power at the rate of Rs 2.71 and Rs 2.72 per unit in 2018, Maharashtra State Electricity Distribution Co Ltd (MSEDCL) will now sign power purchase agreements (PPAs) for another 1,000MW cheap solar power.
The government’s ambitious plan to set up a 7,500 mw (mega watt) solar power project at an estimated investment of Rs 45,000 crore in Jammu & Kashmir’s Ladakh region has whetted the appetite of some 50 topline companies
The darkness that many tribal hamlets continue to remain in, despite various programmes being initiated to address the problem, has alerted Chamundeshwari Electricity Supply Corporation (Cesc) to the gravity of the issue.
The state government is planning to run the secretariat on solar power, replacing the conventional system, to make one of Odisha’s biggest public buildings energy efficient.
India’s solar EPC company Sterling and Wilson, a part of Shapoorji Pallonji Group, has emerged as the second largest utility solar scale EPC players in the global market after market leader China’s TBEA Co, according to the latest IHS Markit‘s Solar EPC
A team led by an Indian-origin scientist has developed a flexible supercapacitor which can generate power from the Sun and store excess energy for later use. The technology developed by researchers from the University of Glasgow in the UK
Solar power tariffs in India will be lower than ₹2.30 a unit by 2030, according to a report by The Energy and Resources Institute (TERI). In a paper titled ‘Exploring Electricity Supply-Mix Scenarios to 2030’
Renewables would be preferred source of energy by 2030 with tariffs ranging between Rs 1.9-2.6 per unit for wind and solar power and storage cost declining by around 70 per cent, a report by Energy Transition Commission (ETC India) said.
Textile firm Arvind Wednesday said it plans to reduce carbon emissions by 30 per cent with the installation of rooftop solar projects across its facilities in three cities and by shifting from coal to renewable biomass for boilers.