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PV industry

RPO enforcement and REC markets need to be revived and net metering needs to be simplified: Kunal Chandra, head of PROINSO India

PROINSO has two divisions; Distribution & Integration and EPM (Engineering, Procurement and Management) for projects. The company offer supply and services to installers, construction companies and clients for utility, commercial and residential projects worldwide. With decade of solar experience, Proinso has 27 offices across 6 continents. Kunal Chandra, head of PROINSO India shares with us […]

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Ministry of Power Raises RPO Trajectory for both Discoms and States

Ministry of Power has raised the Renewable Purchase Obligations (RPO) trajectory for solar power in India. The Renewable Purchase Obligations makes it mandate for both Distribution Companies (Discoms) and states to purchase a certain percentage of their energy from renewable. Distribution Companies in India will now have to purchase 2.75% of their energy mix from […]

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MNRE in process of finalizing the draft for National Lab Policy for Renewable Energy

The Ministry of New and Renewable Energy (MNRE) is in the process of marking the final seal on a national lab policy to set norms for standardization, testing and certification of renewable energy related products in India, and also define the infrastructure required for the testing centres. Expected to be completed within a month’s time, […]

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PM Narendra Modi invites India’s top fossil fuel ventures to contribute in solar

India’s topmost energy corporations are moving beyond their roots in fossil fuels to plough money into renewables, supporting the idea of Prime Minister Narendra Modi’s goal to expand the growth of alternatives to the most polluting forms of energy. According to the reports of state agency responsible for implementing energy policy, one of the prominent […]

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New Studies exhibits the True Costs of Fossil Fuels & Value of Solar Photovoltaics

Two new studies published in Review Journal (MRS E and S) MRS Energy and Sustainability, by Carol Olson and Frank Lenzmann emphasizes the true economic, social and environmental benefits of solar PV compared to fossil fuels, in regards to the supply chain of all relevant fuels. In their new studies, Authors Carol Olson and Frank […]

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Import of solar cells, modules increases by more than three times in India

Imports of solar cells and modules have increased by over three times from Rs 5,051 crore in 2014-15 to Rs 15,523 crore in 2015-16. The solar industry in India is certainly having good times as the installations soar and investment increases. Early this year in April the import of solar modules and cell stood at […]

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DNV GL Acquires GreenPowerMonitor

DNV GL has acquired GreenPowerMonitor, a provider of solar monitoring, control and asset management systems. GreenPowerMonitor, established in 2008, employs 56 solar software experts who serve over 200 customers globally. With this acquisition GreenPowerMonitor will get access to DNV GL’s larger global network. With 150 solar experts, DNV GL and GreenPowerMonitor will become one of […]

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SPI Energy signs non-binding framework agreement with GSR GO Scale Capital

SPI Energy, a global provider of photovoltaic (PV) solutions has signed a non-binding framework agreement with private equity firm GSR GO Scale Capital Advisors for the issue of US$500 million convertible bonds by the Company. GSR GO Scale Capital will act as an investment advisor to bond holders in order to build the largest capacity […]

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