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Adani’s Mundra Solar Seeks to be $1bn Firm in 2-3 Years

In next 2-3 years, it is also mulling to scale up its manufacturing capacity of modules and cells from the current 1,200 MW to around 3,000 MW. Adani Group’s solar PV manufacturing arm, Mundra Solar PV, eyes to become a USD 1 billion company over the next 2-3 years. In next 2-3 years, it is […]

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Viz-A-Viz with Sir Ganesan Natarajan, Chairman | Topaz Solar Private Limited

Q. Please tell our readers more about Topaz solar and its services. Topaz Solar is promoted by me and Ms. Usha Natarajan in the year 2009. It became active since 2014 where we planned to foray into domestic solar market primarily Tamilnadu biz in mind due to aggressive Solar policy unveiled by then CM Jayalalitha. […]

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India’s Solar Capacity Addition Likely to Drop by 40 Percent in 2018-19: ICRA

Between April 2017 to February 2018 the country has added around 7.2 Gw solar capacity to its kitty. It is highly likely that India’s solar power capacity addition will drop by 40 per cent to a range between 4 Gigawatt (GW) and 4.5 Gw in the 2018-19, thanks to the recent slowdown in the tendering and project […]

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Madras HC Dismisses Plea Against 70% Levy on Solar Imports

The oral order was delivered by the court whereas the written order is likely to be pronounced today. Challenging the recommendations of 70% safeguard duty on imports of solar panels and modules by Directorate General of Safeguards, the Madras High Court has dismissed the petition on Monday. The oral order was delivered by the court […]

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Govt Issues Clarification on Tariff Based Bidding Process for Solar PV Projects

The move will allow solar power developers to pass on the burden of any increase in duties on solar equipment to discoms. The Ministry of New & Renewable Energy (MNRE) has issued a notification with respect to ‘Clarification to guidelines for the tariff based competitive bidding process for procurement of power from grid connected solar PV power […]

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Climbing Stairs: for Indian Rooftop Industry

India has diligently stepped-forward to ply across the cross roads of innovation. Today, India houses one of the biggest tech companies in the world has turned heads. But still, to all the innovations, India has been prolonging on the growing power demands. Not scathing 100 GigaWatt(GW) rather democratized dialogue on 40GW of rooftop seems to […]

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70% Safeguard Duty on Solar to Dampen Investor Sentiment: Par Panel

Custom Duty on Solar Cells/Modules/Panels should not be levied and they should continue to enjoy exemption from custom duty as before. Safeguard Duty should not be of the tune (70 per cent) that will hamper our own programme and it should not affect the bids which have already taken pace, panel has said. A Parliamentary […]

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ISA Plans to Invite 50 Solar Proj Dev, Bankers at Action-to-Transaction Meet

The move has come to provide golden opportunity for project developers, solar equipment manufacturers for interaction with banks to secure funds they are looking for the bankable solar energy and related projects for financing and implementation in India and ISA Member countries. The International Solar Alliance (ISA) and the Ministry of New and Renewable Energy (MNRE) […]

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Swytch Announces Strategic Partnership with HST Solar to Speed up Solar Installations

Under the terms of the agreement, HST will provide Swytch with proprietary data and analytics for forecasting production capacity and efficiency for solar installations. Swytch, a blockchain-based solution for accelerating a sustainable and equitable energy future has announced a joint development agreement with HST Solar, the leading end-to-end solar platform. Under the terms of the […]

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