After canal-top solar power projects, India is planning to install the world’s largest floating solar power project. India’s leading hydro power generator National Hydro Power Corporation (NHPC) is planning to set up a 50 MW solar photovoltaic project over the water bodies in the southern state of Kerala. Renewable Energy … [continued]
As the South African renewable energy project developers gear up to commission projects under the country’s landmark Renewable Energy Independent Power Producers program, financial support is pouring in from domestic commercial as well as international development banks. Project Xina in the Northern Cape Province has secured $142 million from the … [continued]
The world’s most attractive emerging solar market just crossed 500 MW in installed capacity, entering the list of top 10 countries in terms of solar power capacity. The milestone was reached after four utility-scale solar power projects were commissioned in South Africa in May this year. According to online solar … [continued]
The recent change in government seems to have brought with it a surge in foreign investments in the Indian renewable energy sector. One company that has attracted significant investment from highly reputed foreign investors is Welspun Energy. Multilateral finance agency Asian Development Bank (ADB) has made equity investment in one … [continued]
One of India’s leading information technology and consultancy companies, Infosys, is planning to implement of the most significant sustainability and clean energy measures in the company’s glorious history. The company is in the planning stages of implementing a 50 MW solar PV project in Karnataka. This would be a first … [continued]
Indian capital city’s pride, the Delhi Metro Rail Corporation, has earned yet another achievement by commissioning its first rooftop solar power project at one of its stations. The project, with an installed capacity of 500 kW, is expected to start generating power from next month. The project is located at … [continued]
GE Energy Financial Services is aggressively expanding its presence in solar power markets across the world. The company’s latest investment has been announced just weeks after an investment was made in the largest solar power project in India. GE Energy Financial Services has announced that it will invest in a 32 … [continued]
General Electric has set itself a target to double its share in the Indian wind turbine market by 2016. To achieve this target the company will set up a greenfield facility to manufacture components for wind turbines. The company is planning to invest $200 million in a manufacturing unit to … [continued]
In the absence of vast expanse of land the Singapore national water agency has decided to utilize the country’s water reserves to tap solar power resources. The PUB, formerly the Public Utilities Board, plans to set up a floating solar power system on the Tengeh Reservoir. This project will be … [continued]
General Electric has announced its first major investment in the Indian solar energy sector. The beneficiary is the largest operational solar power plant in India. The American major has invested $24 million in 151 MW solar photovoltaic power project owned by Welspun Energy. The plant was commissioned in February this … [continued]
