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India Far from 100GW Solar Power Target: CRISIL

The agency also stated in the report that with best possibilities the country would be able to attain 78 to 80 GW of solar power by the end of 2022 up from the current installed capacity of 21.65 GW. Impacting the solar sentiments of India, ratings and research agency, Credit Rating Information Services of India (CRISIL) has asserted that India […]

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Domestic Solar Power Industry

Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017 for 200 MW and again twice in July, 2018, for 600 MW in each instance.  As per the final findings dated 16th July, 2018, in the investigations […]

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Lightsource BP Acquires 135 MW Solar Assets from Orion Renewable Energy

The move has marked a major milestone in the Lightsource BP’s strategic US expansion. British solar parks developer Lightsource BP has acquired six solar development assets from Orion Renewable Energy Group LLC. The move has marked a major milestone in the Lightsource BP’s strategic US expansion. Further, the 135 MW DC portfolio consists of projects […]

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MNRE Discusses India’s First Offshore Wind Power Project with Developers

The ministry has uploaded the documents regarding the wind data collected from the Gujarat region with the help of Light Detection and Ranging (LiDAR) for the developers to refer for their detailed project reports. In a boost to the Greenfield energy projects in the country, MNRE has discussed with the wind power developers of India […]

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CLP India Fends off Aggressive Solar Power Bidding

India’s largest wind power player, CLP India is instead going to zero in on acquisitions of upcoming new energy projects. A wholly-owned subsidiary of Hong Kong based CLP Holdings, CLP India has claimed to stay away from the ongoing aggressive solar bidding. India’s largest wind power player, CLP India is instead going to zero in […]

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Gujarat Tops in Terms of Approved Solar Power Generation Capacity

The approval of the solar energy capacity is to be generated at three solar parks namely Dholera, Radhanesada and Harshad. Gujarat state has topped another category of the renewable energy segment. It has been declared the state with the highest approved solar power generation capacity at various solar parks. Out of over 26,000 MW of […]

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Poland Passes Amendment to Back Renewable Energy

Waiting for the president’s assent, the amendment aims at reducing the carbon footprint for the country which is heavily dependent on fossil fuel energy. Giving support to the use of clean energy, upper house of the Polish parliament passed an amendment to encourage more investment in Poland renewable energy. Waiting for the president’s assent, the […]

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Indonesian Government to Regulate Selling of Solar Power to PLN

Government Regulations on Rooftop Solar PV drafted by Indonesian Energy and Mineral Resources Ministry (EMR) includes setting of power selling capacity to maximum of 90 percent. As a part of relief to the domestic solar power generators, Indonesian Government is soon going to issue regulations regarding the rooftop solar pv systems in order to allow […]

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Azure Power to Install 5 MW of Solar Power System for NREDCAP

Azure Power will provide power for 25 years at an incentivized tariff rate of Rs. 4.57 per kWh. Azure Power has won a 5 MW rooftop solar power tender in a bid held by New & Renewable Energy Development Corporation of Andhra Pradesh Ltd (NREDCAP). The developer, Azure Power is to install 5 MW of […]

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