Solar Power Projects

Investment in Solar Power Projects Likely to Fall in 2018

The mixed picture for global clean energy investment in 2018 is emerging, and at the same time, the commitment to wind and energy-smart technologies such as EV and batteries are running above last year’s levels. In the first half of 2018, the global net investment in solar power projects fell 19 percent from $71.6 billion […]

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ACME, NHPC, Bihar-Based Startup Get SIPB Clearance for Solar Projects

ACME Group through its two arms ACME Nalanda Solar Power and ACME Magadh Solar Power to set up 15 MW and 10 MW solar projects respectively in Kakwara village of Banka, Bihar with an aggregate investment of about Rs 188.76 crore. In a move to boost solar power generation in Bihar, the State Investment Promotion […]

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Manufacturing to Become a Key Element for Solar Power Projects, says Govt.

So the bigger bids will be focused on manufacturing, while smaller bids will take care of smaller developers. If there is one big bid and one player takes it all, that will be unfair. As the country aims to add close to 500 GW of renewable energy capacity by 2030, the government plans to make […]

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MNRE Extends Timeline for Implementing 40 GW ‘Solar Parks and Ultra Mega Solar Power Projects’ Scheme to 2021-22

The timelines of the scheme is extended from 2019-20 to 2021-22 without any additional financial implication. The Ministry of New and Renewable Energy (MNRE) has extended the timeline for the implementation of 40 GW scheme for developing solar parks and ultra mega solar power projects from 2019-20 to 2021-22. The MNRE said in a statement […]

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Punjab Canal Solar Power Projects Have 1,500 MW Potential: Minister

The minister claimed that the canal-top solar photovoltaic projects have been designed in such a fashion that the canal banks are not touched for the safety of the canal and inhabitants in the vicinity of the canals. Punjab Power and Renewable Minister Gurpreet Singh Kanger stated that the state has a potential of more than […]

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Consumers, Integrators Seek Single-window for Solar Power Projects in Goa

The integrators were attending the Goa Conference’s second edition on Solar Energy in Panaji, the capital of Goa. They vigorously questioned the role of the electricity department and the GEDA. To deal with all grid-connected solar power projects, Integrators and consumers of solar power systems have appealed for a single window system for smooth installations. […]

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Okaya Set to Clock Rs 1,150 Cr Revenue in FY 18-19

The company has achieved it’s turnover of Rs 720 crore in FY 17-18 and further aims to clock Rs 1,150 crore revenue in FY 18-19. One of the leading power back-up companies, Okaya Power, which recently announced its ambitious foray in Lithium ion batteries segment, has set an ambitious target to grab majority of market share in […]

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Policy measures for promotion of new & renewable energy

Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term […]

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JK Government to Explore Solar Power to End Power Crisis

According to the Power Development Department official the state has decided to explore the solar power sector in view of “huge burden” of the power purchase on the state exchequer. To boost electricity and to end the power crises in the state, Jammu and Kashmir government is exploring solar power to meet the electricity requirement. […]

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