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Solar Panel Warranty Insurance Policy Introduced by ICICI Lombard

The park developers and park owner will be the sole beneficiary as insured, which the Solar Panel Warranty Insurance aims to cater at large. Solar park developers can now be covered by ICICI Lombard General Insurance, the company recently announced. While announcing the company stated “The standalone insurance product gives comfort to lenders and investors […]

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INDIA Marches Ahead

As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […]

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Acme Cleantech Solutions Approaches Madras High Court for Levied Import Duty

In its petition, Acme said that customs officials were not following the proper procedure in making their revised assessments. The Madras High Court was approached by a solar power developer named Acme Cleantech Solutions filing a petition against Chennai port customs officials accusing them of charging import duties on panels and modules by categorizing them […]

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Patanjali Ayurved to Foray Into Solar Power Equipment Manufacturing

Patanjali Ayurved, which started its operations in 2006, has an impressive growth rate with increasing its revenue more than five times. After excelling in consumer goods products market, Patanjali Ayurved Ltd, owned by Baba Ramdev is all set to foray into the manufacturing of solar power equipments. This will be the company’s first exposure to […]

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Trina to Invest $500 Million in Indian Solar Industry

The company has purchased a land near Visakhapatnam to set up a manufacturing plant to produce solar cells and module of capacity of more than 1GW in 2015.   The world’s largest solar panel developer, Trina Solar is vying to pump in $500 million of investments in India if the profits are in favor. The […]

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World’s Largest Floating Solar Power Plant to Be Built in Indonesia by UAE’s Masdar and PJB

The plant to be built in about 225 hectares of the Cirata hydroelectric plant reservoir. United Arab Emirates based company Abu Dhabi Future Energy Co (Masdar) and Indonesian power utility’s unit Perusahaan Listrik Negara (PLN) Pembangkitan Jawa Bali (PJB) collaborated to build the ‘To Be’ world’s biggest floating photovoltaic plant of 200MW in PJB owned […]

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Andhra Pradesh to Purchase Electricity from Kadapa Solar Power Park

A total of about 460MW of solar power projects have been sanctioned to Engie in India. Andhra Pradesh after withdrawing its stand against a major state utility guideline will now purchase electricity from Kadapa Solar Power Park. The agreement will allow the state to buy electricity at a lower cost as compared to the proposed […]

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