Solar

Make in India: Country’s First Technology Transfer Pact for Li-Ion Batteries Inked

The agreement was signed between Central Electro Chemical Research Institute (CECRI), Karaikudi, Tamil Nadu under Council of Scientific & Industrial Research (CSIR) and RAASI Solar Power Pvt Ltd. To boost the government’s Make in India initiative, a Memorandum of Understanding (MoU) on first transfer of technology for the country’s Lithium Ion (Li-ion) batteries was signed […]

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Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA

Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement […]

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Cabinet Okays Continuation of Off-grid, Decentralised Solar PV Applications Programme

The total project of the 3 components included under the phase-III is Rs 1,895 crore of which Rs 637 crore will be provided as central financial assistance. The government has provided its consent for implementing phase-III of off-grid and decentralized solar PV application programme to achieve additional 118 MWp (Mega Watt peak) off-grid solar PV […]

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JinkoSolar US Arm Inks 1.43 GW Solar Panel Supply Pact with sPower

The deal includes significant down payments, which will help Jinko expand its manufacturing capacity in the United States and Asia. One of the leading PV modules supplier JinkoSolar Holding’s US subsidiary has signed a three-year deal to supply 1.43 GW of high-efficiency modules to sPower. sPower is the leading renewable energy independent power producer (IPP). […]

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Vistra Energy’s Upton 2 Solar Power Plant Commences Commercial Operation

The company said in a statement that this 180 MW plant is Texas’ largest operating solar facility. Integrated power company Vistra Energy has successfully commenced commercial operations of its Upton 2 solar power plant located in West Texas. The company said in a statement that this 180 MW plant is Texas’ largest operating solar facility. Further, it’s power generating subsidiary, Luminant, is […]

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Campaigns to Raise Awareness of Solar Energy Important, says Manipur Dy CM

Manipur Deputy Chief Minister Yumnam Joykumar Singh said that the public awareness campaigns are necessary and should be initiated to raise the awareness about the importance of solar energy. In order for any project to be successful, public awareness is really important, and that is true for solar energy and its importance in the country […]

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Nagpur Municipal Corp Buildings, Hospitals to Go Solar by 2019

The annual saving of the NMC on its Rs 100 Crore yearly bill will be at around Rs 60 lakh. Ten zones have been chosen by the civic body to execute the project for which they have would invite private agencies to take up the work. In order to use clean energy for water pumping, […]

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Azure Power Raises $135 Mn via Debt Financing from IFC Consortium

The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […]

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