solar parks

State Government of West Bengal to create multiple solar parks

The state government of West Bengal has decided to create multiple small solar parks. Shobhondeb Chatterjee, State Power Minister stated on the sidelines of an interactive session with the Calcutta Chamber of Commerce that “We are planning for solar park totalling 500 MW, but doing it at a single site is not possible as we […]

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Solar Power Tariffs expected to drop to as low as INR 3.50 a unit in 3 years

Solar power tariffs in India, which fell below Rs. 5 per unit since last November, are once again expected to sink further as the industry doubles volumes every year and the cost of producing power continues to drop. A report published in the Mint mentions that that tariffs will fall to as low as 3.5 […]

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5000 Acres of Land to be acquired for Commissioning 1000MW of Solar Park in Odisha

With an aim to add aggregate clean energy capacity of 1000 megawatts by commissioning 4 solar parks in the region by 2020, the State Government of Odisha has directed different District Collectors to identify and recognize around 5000 acres of land for the project. The Odisha Government has set the target, which was also mentioned […]

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India sanctions scheme to develop 10 Solar Zones having at least 10000 hectares of land

The Government o India has directed authorization to implement the scheme for setting up of 10 ‘Solar Zones’ each having at least 10000 hectares of govt. or privately owned uncultivable and fallow land in one or more than one patches to encourage solar PV project developers, investors and manufacturers to help achieve the nation’s massive […]

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Indian Government doubles down on Solar Parks after SunEdison Setback

According to the reports from a top government official, India is expected to double the target for energy to be generated from solar parks by 2020, as roof-top installations progress has turned out to be slower than anticipated and U.S. company SunEdison’s projects are threatened by its bankruptcy. The Indian Government acquired lands are most […]

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Government doubles power generation target from solar energy parks

Centre is gearing up to double the clean energy generation from solar parks to 40,000 MW in the backdrop of slow offtake of rooftop solar and problems being faced by some project developers. PTI citing a senior government official reports that the Ministry of New & Renewable Energy is eager to set up solar park […]

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World Bank announces to provide more than $1 billion for India’s solar project

The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […]

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