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VIZ-A-VIZ ANDREW HINES, Business Development Head – South India, CleanMax Solar

Rooftop projects are taking the ramp and opening new avenues for solar rooftop players. This sector is no more in silos with players like CleanMax Solar are popping new stratagem to spur this segment. Notching recent accolades from MNRE and other prime consultancies, CleanMax have perennially catered to affluent MNCs and corporates. The recent 30MW […]

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Rajasthan Lags Behind Neighboring States in Solar Power Projects

Rajasthan falls behind Neighboring States under Grid connected roof-top and small solar power plants programme. Rajasthan has lagged behind neighbors like Madhya Pradesh, Haryana and Gujarat in new and renewable energy despite holding a huge potential in the sector. According to Union ministry of new and renewable energy (MNRE) data, Rajasthan has only 31 MW […]

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ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India

ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […]

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India’s Five States host two-thirds of country’s Solar Power Capacity

Andhra Pradesh, Telangana, Gujarat, Rajasthan and Tamil Nadu accounts for 67% of the total solar power capacity operation in India. Solar power installed capacity is highly concentrated in few states in India. This is largely the result of proactive initiatives taken by some states that are also endowed with ample solar radiation resource and surplus […]

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SECI to float 2300MW Solar Power bids Soon

Solar Energy Corporation of India will soon release 2300MW of solar power projects. Solar Energy Corporation of India (SECI) will shortly float tenders for putting up of solar power projects with capacity of 2300MW, its managing director Ashvini Kumar announced. The corporation has committed to finalize tenders for producing 5,500-mw of solar energy, of which […]

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Year-End Review – Ministry of Power

In view of the growing need of the Indian Economy, Government of India has embarked upon a massive programme to provide 24×7 power across the country by 2019. After the completion of half of its term, the Government has achieved many important milestones in the Power sector. Special focus has also been given to North East by giving […]

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Rooftop solar units from third party costs 40 percent cheaper than DISCOMs

Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […]

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All you need to know about SECI’s 1000MW tender for rooftop solar

Solar Energy Corporation of India (SECI) on December 9 launched a tender of 1000 MW capacity for development of grid-connected rooftop solar capacity for Central Government Ministries/Departments. This largest rooftop tender is expected to give a big boost to Rooftop Solar Power Generation Segment and help to achieve the Modi Government’s target for installation of […]

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Hindustan Zinc to set up 155 MW solar project, to invest Rs 630 crore

Hindustan Zinc Ltd (HZL) has announced that it is foraying into solar energy business and will set up 115 MW of solar energy projects with an investment of Rs 630 crore. The company led by billionaire Anil Agarwal already produces 474 MW of thermal power and 274 MW of wind energy. HZL CEO Sunil Duggal […]

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