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MNRE sets new capacity addition target of 16,660 MW for green energy

The Ministry of New and Renewable Energy has set the uppermost capacity addition target of 16,660 MW for the clean power sector this fiscal. The target is close to four times the capacity target that the government set in the previous year. MNRE expects solar segment to achieve its highest-ever annual capacity in the current […]

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MNRE to introduce a policy for solar zones in June

Ministry of New and Renewable Energy is gearing up to introduce a policy on solar Zone in June this year. The Solar Zone would be spread over one or more districts of a state. Joint secretary of MNRE , Tarun Kapoor speaking to PTI said “We have been working on a new policy for solar […]

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MNRE sets target for Commercial & Industrial sector for FY 2016-17

Ministry of New and Renewable Energy (MNRE) is implementing a Grid connected Rooftop and Small Solar Power Plants Programme. The Government has set a target of 40,000 MWp of grid interactive rooftop solar (RTS) PV plants by 2022. These RTS   plants   will   be   set   up   in   residential, commercial, industrial,   institutional, Government/ PSU sectors ranging from […]

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Delhi likely to get green power from Madhya Pradesh to run its Metro trains

The National Capital of India will reportedly get green power from Madhya Pradesh starting next year to run its Metro trains. Manu Shrivastava, Principal Secretary of Madhya Pradesh New and Renewable Energy Department speaking to PTI said “we are charting out the power purchase agreement (PPA) to be signed between Delhi Metro Rail Corporation (DMRC) and developers of the world’s […]

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Solar Installation to well surpass 4GW in 2016, marking a 100% YoY Growth – Report

The Indian solar sector is finally emerging from hibernation with solar installations doubling in 2015 after three years of flat growth, said Raj Prabhu, CEO and co-founder of Mercom Capital Group. Global clean energy communications and research firm cited that solar installations totaled 2,133 MW in 2015, up from 883 MW installed in 2014, which […]

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The Red Lake Nation Turns Solar Starts with 15 MW of Installation

The Red Lake Nation tribal leaders announces of getting into the solar business. Claimed as one of the largest solar projects planned in northern Minnesota, the plan is to install 15 megawatts of solar panels across the rooftops of their largest buildings. With this accomplishment, the vicinity can illuminate every bulb in the tribe’s three […]

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U.P Solar Auction Goes to Adani Power and Azure Power

Adani Power and Azure Power have won the most recent auction for solar energy ventures with offers of Rs 4.78 per unit, which is higher than the previous month record (Rs 4.34 per unit). Prayatna Developers, a division of Adani Power and Azure Power have been assigned 50MW at the same cost. In the past […]

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DMRC Inks MoU with SECI To Augment Solar Venture

  The Delhi Metro Rail Corporation (DMRC) and the Solar Energy Corporation of India  (SECI) will now mutually work together on taking up an ‘off site’ solar power venture, to augment the utilization of renewable energy, alleviate the effect of standard increment in grid tariffs and to decrease the carbon foot prints. A Memorandum of […]

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