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Shell adopts solar power for lubricant plants in Europe and Asia

The solar energy generated will be used to help power operations at these lubricant plants, lowering operating costs in the long-run and reducing reliance on the grid. All panels will be installed by end-2019. Shell is looking to expand the use of solar panels in other lubricant plants around the world.Read more

ReNew Power secures OPIC debt funding of $350m

ReNew Power Limited has secured fresh debt financing of up to $350 million from the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution.Read more

Safeguard duty on solar cell imports: Right or wrong?

While duty is imposed with an intention to protect domestic manufacturers of solar cell & modules and encourage Make in India initiative, it can potentially raise the cost of solar power projects in future, says Rakesh Rao.Read more

Canadian Solar commissions a 35MWp open access solar project in India

Canadian Solar Inc., one of the world's largest solar power companies, announced that its 35 MWp commercial and industrial (C&I) solar portfolio in the state of Karnataka, India reached commercial operation in March 2018.Read more

Largest solar park of the world named 'Shakti Sthala' launched in Karnataka

Chief Minister Siddaramaiah recently launched the world's largest solar park built at an investment of INR 165 billion at Pavagada in Tumakuru district of Karnataka. The 2,000 MW park spreads across 13,000 acres over five villages.Read more

SolarWorld helps Maldives to make solar powered paradise

SolarWorld supplies solar modules with a capacity of 150 kWp for a hybrid power station on the Maldives island of Ellaidhoo. In the future, guests at the Ellaidhoo Maldives Hotel will be supplied with clean solar power, and as a result, the unique nature of the reef will be preserved.Read more

TechnipFMC in India under CSR program promotes clean energy

With an aim to promote clean energy, TechnipFMC in India has taken up a CSR initiative to install a solar power system of 6 kW at Morning Start High School in Karur district of Tamil Nadu.Read more

Sunsure Energy eyes INR 200 crore in FY18 revenue

As the last quarter of the fiscal year draws closer, Sunsure Energy Pvt Ltd is all geared up to close an action packed year at an all time high revenue of INR 200 crore from its Solar EPC business. This is a 10x leap in revenues from FY 17 for the New Delhi based company. Read more

Demand will suffer if module prices rise by 20%

Demand will suffer if module prices rise by 20%, says Raj Prabhu, CEO & Co-founder of Mercom Capital Group, while analysing the impact of rising module prices on India’s solar industryRead more

India's solar capacity falls short of target in FY2017: Assocham-NEC study

India, which is aiming to achieve 100 GW solar power capacity by 2022, could not achieve the target for FY2017, according to a recent Assocham-NEC Technologies joint study, titled ‘Capacity Building & skill Development’.Read more

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