Solar Park

Madhya Pradesh to Add 2,000 MW of Solar Power in Next 3 Years

The solar power generated through these plants will be purchased by the Madhya Pradesh Power Management Company Limited. In order to boost solar power in the country, Madhya Pradesh is all set to develop more solar power parks in the next three years adding a total of 2000 MW to its capacity. The power generated […]

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Ramanathapuram in Tamil Nadu to Set Up a 500MW Solar Power Plant

A subsidy of Rs 20 Lakh is allotted for every MW of generated capacity set up within the park. Tangedco has received the approval from the centre for setting up a 500 MW solar park in the district of Ramanathapuram. The project is sighted to be the country’s first set up to be built government-owned […]

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INDIA Marches Ahead

As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […]

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India: Karnataka retenders 200MWPavagada Solar Park

Karnataka will procure electricity generated from the solar power park through long-term power purchase agreements of 25 years. The Karnataka Renewable Energy Development Limited (KREDL), the renewable energy implementing agency in Karnataka, has retendered 200 MW of solar capacity at Pavagada Solar Park. The tender was initially issued in July 2017 but was withdrawn the […]

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Kent Coast to Get United Kingdom’s Biggest Solar Park

Cleve Hill could have a capacity approximately of 350MW as compared to Wiltshire’s 69MW. A huge solar power plant is now planned for the north Kent coast to be the UK’s biggest solar park, will help providing a significant boost to an industry in which subsidies were halted 18 months ago by the ministers. After being […]

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TATA Power Commissions 25MW Solar Power Plant in Gujarat

The total installed operating capacity for TPREL with this project now stands at 1484 MW. Tata Power’s wholly-owned subsidiary, Tata Power Renewable Energy Ltd. has successfully commissioned a 25MW solar power plant in Charanka, Gujarat Solar Park. The company secured the project in November 2016 through viability gap funding mode under the National Solar Mission […]

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Key technology trends shaping the Global Solar Industry

Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, […]

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Implementation of GST to Hit Solar Capacity Addition in 2018

2018 will be a different story for the solar industry because of confusion over applicability of the GST on solar products, and this will affect the solar addition capacity in coming year. India has installed around 4800MW solar capacity in the in calendar year 2017, compared to 4038MW commissioned in 2016. Also, it is expected […]

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