Solar

“Draconian” Rule in Proposed Changes For Consumers To Hit Solar Sector: EPC Firms

The Ministry of Power has recently issued the draft rules providing for the ‘Rights of Electricity Consumers’ for the very first time. However, one provision included in the draft rules has managed to roil up smaller solar EPC companies at a key proposal within the rules. The power ministry stated that “having provided access to […]

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Fourth Partner Energy Raises Rs 126 Crore to Expand Project Portfolio

Fourth Partner Energy has raised Rs 126 crore in mezzanine funding from a consortium of European impact investment funds, led by Symbiotics. Fourth Partner Energy, one of India’s leading solar solutions firm for corporates, has announced that it has raised USD 16 million (~ Rs 126 crore) in mezzanine funding from a consortium of European […]

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Visaka Industries Granted 20-year Patent Rights for ATUM Solar Roof

Visaka Industries has been granted a 20-year patent for its ATUM Solar Roof, for the invention titled “Eco-Friendly Energy Generating Roof.” Visaka Industries Limited has been granted a 20-year patent for its ATUM Solar Roof. The patent has been granted for the invention titled “Eco-Friendly Energy Generating Roof.” ATUM is a roof that generates electricity. […]

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Manufacturing Boosted by Low Tariffs Will Help Atmanirbhar Bharat: RK Singh

RK Singh believes Lower tariffs will boost local manufacturing in the country, which in turn will contribute to achieving the goal of Atmanirbhar Bharat. Union Minister for Power and New and Renewable Energy RK Singh has said that the competitiveness of the Indian solar industry which has seen tariff drops to a record low will […]

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US Solar Market Installed 3.5 GW of new Solar Capacity in Q2 2020

The US solar market installed 3.5 GW of new solar PV capacity in Q2 2020, a drop of 6 percent from Q1 installations, according to a new report. The US solar market installed 3.5 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q2 2020, a drop of 6 percent from Q1 installations. At the same time, utility-scale solar remained resilient despite the COVID-19 […]

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Another Deadline Extension for 15 MW Floating Solar Tender in Himachal

SECI, for the 4th time, has extended the bid deadline for its tender for setting up of 15 MW floating solar plant at the Nangal Pond in Himachal Pradesh. The Solar Energy Corporation of India (SECI) has once again extended the bid submission deadline for its tender for the selection of solar power developers for setting up of 15 […]

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Risen Signs 140 MW Modules Agreement With UPC-AC Energy Solar

Risen Energy has signed a structured 140 MW supply contract with UPC-AC Energy Solar Asia. Risen Energy, a leading manufacturer of solar PV products has announced that it has signed a structured 140 MW supply contract with UPC-AC Energy Solar Asia. The multi-party deal, accommodating various stakeholder requirements, consists of Risen’s proven Mono PERC modules […]

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751.52 MW of RE Capacity Added in August, Total at 88.65 GW: MNRE

The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for August 2020, revealing that a total of 751.52 MW of RE capacity was added during the month, which took India’s total to 88.65 GW. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for […]

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