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Tata Power Solar Commissions India’s First Rooftop Solar Carport

Inaugurated by Satyender Jain, Minister of Power, the unique rooftop solar carport is estimated to set off 438 Tons of carbon emission annually. Tata Power Solar, an integrated solar company has commissioned India’s first rooftop solar carport at Unity One mall in Rohini, in association with Delhi Metro Rail Corporation (DMRC), to offer provide 300KW […]

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Government announces Trajectory to achieve its targets of commissioning 100 GW of Solar generating capacity and 60 GW of Wind power by 2022

Government to conduct Third Wind Power Auction of 2000 MW Capacity Power Supply Agreements signed by SECI with utilities of UP, Bihar, Jharkhand, Assam, Punjab, Goa and Odisha The Government today announced the trajectory for achieving its targets of commissioning 175 GW of Renewable Energy (RE), 100 GW of solar generating capacity and 60 GW […]

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India-World Bank Ink $100 Million Loan Agreement For Clean Energy

The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […]

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Solar Energy Insurance for Utility Scale Projects

With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […]

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EESL and UK Firm Collaborate on New Renewable Energy Pact

EESL EnergyPro Assets Limited (EPAL) launched the new partnership at India House in London for the investment in an advanced battery storage project. A joint venture of Indian PSU Energy Efficiency Services Limited (EESL) and UK-based EnergyPro Limited (EP) will invest USD 12 million in a new partnership with leading battery storage solutions provider Leclanché. […]

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Investonomics on Indian Sun is Hot!

Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […]

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Farmers in Maharashtra to Get Low Tariff Electricity through Solar Feeders

The decision of using solar powered feeders has been taken to become self sufficient in the power sector. The government of Maharashtra will provide cheap and assured electricity to farmers across the state through solar feeders in the next three years, Chief Minister Devendra Fadnavis said at Ralegan Siddhi. The statement came after CM Fadnavis […]

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Bifacials Changing Face of The Solar Industry

As solar technology has improved over the last decade, the prices have dropped exponentially as module efficiency has advanced. In recent years, there’s been a growing concern that we are approaching an efficiency ceiling. Bifacial solar cells and modules are making a big comeback as the photovoltaic industry is looking for more ways to generate […]

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Indian Solar Power Market Witnesses Change in Demand-Supply Landscape

Lack of visibility over project pipeline is forcing solar power developers to bid aggressive tariffs and reconsider strategic options including consolidation. The Indian solar power market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of […]

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