SUBSCRIBE NEWS LETTER

Solar Project in Karnataka

Azure Power commissions 88MW solar power plants across three states

Azure Power has announced its commissioning of solar power plants in three states across the country. The projects include a 50 MW plant in Andhra Pradesh, two plants of total capacity of 28 MW plant in Punjab and a 10 MW plant in Karnataka. These plants, connected to the respective state grids, are part of […]

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Firms not doing well will not impact India’s solar programmes: Piyush Goyal

Renewable Energy Minister Piyush Goyal at an event organized by industry body CII said that some firms not doing well will not impact the programme’s success reports PTI. When asked about the debt problems faced by SunEdison, Goyal said “there are always certain cases of firms failing all over the world in every industry. There […]

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SunEdison finds difficult to get buyers for its projects in India

US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […]

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ArcelorMittal to Construct 500 – 600MW Solar Plant in India

ArcelorMittal aims to establish 500 – 600MW solar power plant in Karnataka -India instead of the Steel Mill. The company spokeswoman said that, ‘In view of current market conditions in the global steel industry and uncertainty in raw material availability, ArcelorMittal would like to utilize the acquired land in Karnataka for a meaningful purpose of […]

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Strategies Launched for Acquiring Solar Energy Earmarks – MNRE

India is holding the biggest renewable capacity extension program on the planet. The Centre has taken up several strategies for acquiring Solar Energy earmarks; targets of 20,000 MW of solar power proposed to be introduced in the nation 2022. Off-Grid Housetop: Programed to install 40GW solar rooftop programs where Grid is now exist. 15% Government […]

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SECI Gets Rs 1000 Cr Infusion To Expand Investments

The Solar Energy Corporation of India (SECI) has received an infusion of Rs 1000 crores from the Government of India to strengthen its balance sheet and undertake further investments in the renewable sector. As the key nodal agency for the sector, SECI plays an instrumental role in the tendering and award of renewable contracts across […]

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Renewable Source Catered to 52% of Portugal’s Energy Needs in 2018

The balance of trade favoured exports for the third year in a row and amounted to around 5% of domestic consumption. In a massive achievement, Portugal met 52% of its power need through renewable sources, a press release by Portuguese power utility Redes Energeticas Nacionais (REN) shows. Renewable production supplied 52% of domestic consumption, plus […]

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PERSPECTIVE

The government of India has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far. The Indian solar market added 1,869 MW in the second quarter of 2017, bringing installations in the first half of the year to 4,765 […]

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