SUBSCRIBE NEWS LETTER

Indian rooftop solar market

IPO Time For India Solar Equipment Manufacturers In 2021

After a long wait, initial reports are finally coming out regarding plans by major Indian solar equipment manufacturers planning Initial Public Offers. We refer to a long wait simply  because the markets have been buoyant for a while now, and have duly been followed by an IPO wave the likes of which has rarely been […]

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These 5 Firms Moved To Solar in 2021. How Many Will Follow?

Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […]

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Kajaria To Invest Rs. 264 Lakhs For Captive Solar Power Consumption

India’s ceramic wall and floor tile manufacturing company, Kajaria Ceramics Ltd. has announced to invest Rs. 264 Lakhs in an SPV for solar power captive consumption. In a meeting today, the Board of Directors (BoD) of Kajaria Ceramics Ltd. have approved investing up to Rs. 264 Lakhs in an SPV (Special Purpose Vehicle) for solar […]

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Floating Solar On A Growth Path

In Solar’s rise to pre-eminence from a fringe renewable energy option just a decade back, it’s time to consider the rise of floating solar (also called floatovoltaics in many cases). To think that it did not even exist at any scale till 2013. The earliest patent on floating solar was taken out only in 2008. […]

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C&I Rooftop to Add 1875 MW Solar Capacity in India in 2021: IEEFA, JMK

India’s commercial and industrial (C&I) segment in calendar year 2021 is estimated to grow by 47% on a year-over-year basis to add 1,875 MW of new capacity, shows a new report published by Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research. The report titled “Emerging technology trends in the C&I rooftop solar market in […]

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Fourth Partner Energy Takes Over 8.9MW Solar Portfolio from Statkraft India

Fourth Partner Energy has acquired 8.9 MW of solar portfolio from Statkraft India. India’s distributed solar energy firm focusing on building and financing solar projects, Fourth Partner Energy has announced acquiring 8.9 MW of solar energy portfolio of Statkraft India, an Indian branch of a European generator of renewable energy. This marks the first acquisition […]

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The Reliance Effect On Solar. Who Should Worry?

When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […]

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Solar Powered Irrigation Would Accelerate India’s Energy Transition: IEEFA

In a new report, the Institute for Energy Economics and Financial Analysis (IEEFA) says that solar pumps help to expand distributed solar generation while catering to agriculture’s vast power demand. And in India, Solar-powered irrigation can help achieve its Energy Transition as the country is already lagging far behind its near-term target of 40GW of […]

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Pakistan Railways Follows The Sun, To Shift Stations To Solar

Pakistan Railways has finally made a call to shift 155 railway stations to solar energy. The move follows a prod by the federal government to use alternative environment-friendly energy resources. The railways PR Director Nazia Jabeen says that the cost of the project would be Pakistani Rs 450 million. Pakistan, which has an existing installed […]

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