Renewable Energy

Solar Installations in India to Reach 4.8 GW in 2016: Mercom Capital

Mercom Capital Group in its quarterly update on the Indian solar market revealed that solar installation in India will reach 4.8GW in calendar year 2016. The solar project pipeline in India is now approximately 21 GW, with 14 GW under development and 7 GW scheduled to be auctioned. India has reached 2.8 GW in solar […]

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21 Lakh Solar Renewable Energy Certificates remained unsold till the IEX’s August trading session

Around 21 lakh solar renewable energy certificates and another 73 lakh non-solar renewable certificates have piled up, remaining unsold till the August trading session of Indian Energy Exchange. It is estimated that only 22K solar certificates and 1.36 lakh non-solar certificates were sold in the session. Solar certificates were sold at Rs. 3500 per certificates […]

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MNRE asks Channel Partners, SNAs, PSUs and Agencies to ensure Geotagging of all renewable Energy projects

Government of India has setup an ambitious target of installing I 00 GW of Solar Power by 2022, which include 40GW of grid connected rooftop solar (RTS). RTS sector has tremendous potential for generating decentralized and distributed solar power by utilizing the rooftop and vacant areas of industrial, commercial, residential, institutional, social and public buildings. […]

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Manufacturers of solar power equipment express concern over GST

Solar equipment manufacturers have expressed concern over implementation of Goods and Service Tax (GST) that will possibly increase the cost of power projects and subsequently put higher tariffs burden on consumers. Speaking to PTI Surender Pal Singh, Chairman, Solar Energy Equipment Manufacturers’ Association of Telangana said “Currently the sector enjoys almost zero tax structure in […]

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Odisha aims to install 70MW rooftop solar by 2022: Report

Odisha is reportedly targeting 70MW of rooftop solar by 2022. Odisha Renewable Energy Development Agency (OREDA) has already received multiple residential applications for the installation of rooftop solar reports PV Tech. Ashok Choudhury, deputy director of projects at the Odisha Renewable Energy Development Agency (OREDA), speaking to the publication said it will cost around Rs. […]

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ABB India inaugurates new state of the art factory, doubles solar inverter manufacturing capacity

ABB India, the power and automation technology major, inaugurated a new solar inverter manufacturing facility in the city. The facility is set to double the solar inverter manufacturing capacity of the company. The factory was inaugurated by Sanjeev Sharma, CEO and Managing Director, ABB India and Robert Itschner, Global Managing Director for Power Conversion, ABB […]

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CEO of SE4ALL and Chairman of Ofgem to Present Keynote Speeches at the 9th SIEW

Rachel Kyte, CEO of Sustainable Energy for All (SE4All) and Special Representative of the United Nations (UN) Secretary General, and David Gray, Chairman of the Office of Gas and Electricity Markets (Ofgem) of the UK, will be presenting their perspectives on the opportunities and challenges in the face of today’s ‘New Energy Realities’ at the 9th Singapore International Energy Week […]

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Ujaas Energy seeking for shareholders’ approval to raise Rs 500 crore

Ujaas Energy is looking for shareholders’ approval to raise Rs 500 crore through issuance of equity or equity-linked instruments. “It is proposed to raise funds of upto Rs 500 crore in one or more tranches through a mix of equity/equity-linked instruments..securities,” Ujaas Energy Ltd said in the notice of its annual general meeting, scheduled on […]

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Solar Energy Sector Has Immense Potential to Grow Within The Next Few Years: Hiten Parekh, Sr. Vice President at Waaree Energies Limited

Founded in 1989, WAAREE Energies Ltd is a flagship company of Waaree Group. The company has poised as a pioneer in the global solar energy space. To bring on context, the company flaunts India’s largest solar PV module manufacturing capacity of 500 MW. Waaree Energies is a broad presence across the solar value chain providing […]

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