SUBSCRIBE NEWS LETTER

RE developers

MNRE inviting suggestions on Solar Charkha and Solar Rickshaw

The Ministry of New and Renewable Energy is inviting suggestions on the new products to be introduced under off grid and decentralized solar PV application scheme.  The Ministy is considering to promote the use of Solar Charkha and Solar Rickshaw under the off grid and decentralized solar program. Manufactureres/ developers of solar rickshaw and solar […]

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MYSUN receives a funding of $2.5 Million; Hemant Taneja joins the company’s board

Recently launched solar marketplace MYSUN (www.itsmysun.com) has received an initial funding of $ 2.5 million. This is the first round of funding after the company was founded by Gagan Vermani and two of his colleagues Divyanshu Sachdev and Gyan Prakash Tiwari in September, 2015 to focus on demand creation, technology, big data, analytics and standardization […]

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MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects

The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing  provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […]

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Lightsource secures 50 MW solar project out of 450MW tendered in Maharashtra

British firm Lightsource Renewable Energy has announced that it has secured a 50 MW solar project out of 450MW tender floated by SECI in Maharashtra. The company in a statement said that this is the maiden solar project secured by Lightsource in India. It will receive benchmark tariff support of Rs.4.43/kWh, combined with viability gap […]

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Indian companies dominating the domestic solar market: Report

Home grown companies are taking hold of domestic solar PV market reports consultancy firm Bridge to India in its ‘India Solar Map 2016”. According to the map with 460 MW capacity commissioned in the last year, Adani ranks number 1 amongst project developers followed by Acme and Welspun. Interestingly First Solar and SunEdison are the […]

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MNRE issue guidelines for smooth implementation of grid connected solar rooftop projects

Ministry of New and Renewable Energy’s scheme for grid connected rooftop solar projects states that the Central Financial Assistance (CF A) would be 30% of the benchmark cost or actual project cost, whichever is lower, for such projects in residential, social and institutional sectors in General Category States/ UTs and 70% for such projects in […]

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Solar Installations in India to Reach 4.8 GW in 2016: Mercom Capital

Mercom Capital Group in its quarterly update on the Indian solar market revealed that solar installation in India will reach 4.8GW in calendar year 2016. The solar project pipeline in India is now approximately 21 GW, with 14 GW under development and 7 GW scheduled to be auctioned. India has reached 2.8 GW in solar […]

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The banking system in India is not well developed compared to other countries: Gautam Mediratta, Manager-BD, Rays Power Infra.

RPIPL is one of the snowballing EPC Companies of India. The company leverages Consulting-Engineering-Contracting-Commissioning services with practicing expertise in the renewable power plant and transmission industry. Gautam Mediratta, Manager-BD, Rays Power Infra takes us inside the Industry’s temporal lobe. What is stopping us from building a Truly Massive solar power plant in India when this […]

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SECI invites bids against RfS of Agencies for preparation of PFRs for rooftop solar PV projects

Solar Energy Corporation of India Limited (SECI) invites bids against request for selection (RfS) of bidders from the Agencies for Preparation of Feasibility Assessment Reports for Installation of Grid connected rooftop solar PV system in India. Interested Bidders can download the official copy of RfS & other documents from TCIL website. SECI notes that bidder […]

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