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ETEnergy

India will need $12.4 trillion to meet long term net zero goals: Report

India will require $12.4 trillion to transition to net zero and help the world in its efforts to stave off the worst of climate change, according to a latest study by Standard Chartered. It said that emerging markets, overall, would need an additional $94.8 trillion – a sum higher than annual global GDP – if […]

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India to Spend Rs. 3.85 Lakh Crore for 77GW Solar Capacity Target

Out of the total target of installing 100,000 MW of solar capacity target by 2022, 23,120 MW solar capacities have already been installed till July 2018. Bringing clarity to the parameters of the solar energy target of 100 GW, Indian Government asserted investment of Rs. 3,85,000 crore for setting up pending 77,000 MW of solar […]

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India’s Solar Capacity Addition Likely to Drop by 40 Percent in 2018-19: ICRA

Between April 2017 to February 2018 the country has added around 7.2 Gw solar capacity to its kitty. It is highly likely that India’s solar power capacity addition will drop by 40 per cent to a range between 4 Gigawatt (GW) and 4.5 Gw in the 2018-19, thanks to the recent slowdown in the tendering and project […]

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SECI to Launch Overseas Arm to Meet Demand for Solar Power Production

SECI is looking forward to launch an overseas arm by the name SECI Videsh to meet the Solar Power Production demand from globally. In a bid to cater to the overseas demand for solar power, the Solar Energy Corporation of India (SECI) is mulling international foray along with International Solar Alliance (ISA). The renewable energy […]

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Bhadla Solar Power Project Tariff Hits New Low of Rs 2.62 a Unit

Phelan Energy Group and Avaada Power Private Limited have bagged 100 MW and 50 MW solar power project respectively at Rs 2.62 per unit, and SBG Cleantech managed to obtain 100 MW at Rs 2.63 a unit for Bhadla Phase IV 250 MW solar project. Following the trend of falling solar tariffs in India, the […]

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Work on proposed 5000MW solar park in Pavagada to commence soon

D.K. Shivakumar, Karnataka’s Energy minister has stated that the proposed 5000MW solar park at Pavagada in Tumakuru district will start soon. Speaking at the valedictory of the training programme for linemen, engineers, accounts officers and other staff of KPTCL and Hescom and KPTCL, the energy minister said that the plant is tipped to be one […]

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Mohali Municipal Corporation goes solar with 70 kW rooftop solar panels

Solar energy Moving towards renewable energy, Mohali Municipal Corporation (MMC) has installed solar panels on its roof, thus becoming the first government building to have such panels in the district. Mohali Municipal Corporation (MMC) has installed 70 kW solar panels on the roof of MC Bhawan in Sector 68. The building will be using the […]

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