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Azure Power Wins 75 MW Solar Power Project in NE

The company will sign a 25 year Power Purchase Agreement (PPA) with Assam Power Distribution Company Ltd (APDCL) at a weighted average tariff of Rs 3.37 (~US cents 5.2) per kWh. India’s one of the leading solar power producers Azure Power has won the largest solar power project of 75MW in Assam in the North […]

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Azure Power Wins Largest Solar Power Project (75 MWs) in Northeast India

Azure Power wins 75 MWs, highest allocation out of a 100 MW tender, in Assam Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced that it has won the largest (75 MWs) solar power project in the North Eastern region of India. Azure Power will sign a 25 year Power Purchase Agreement […]

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Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA

Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement […]

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Cabinet Okays Continuation of Off-grid, Decentralised Solar PV Applications Programme

The total project of the 3 components included under the phase-III is Rs 1,895 crore of which Rs 637 crore will be provided as central financial assistance. The government has provided its consent for implementing phase-III of off-grid and decentralized solar PV application programme to achieve additional 118 MWp (Mega Watt peak) off-grid solar PV […]

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Union Cabinet Nods for 3 lakh Solar Street Lights in NE States, Maoist Affected Areas

Prasad said that 3,00,000 solar street lights will be installed throughout the country with special emphasis on areas where there is no facility for street lighting systems through grid power, northeastern states, and Maoist-affected districts. In order to light up the streets of northeastern states and Maoist affected districts, the Union Cabinet on Wednesday has […]

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Punjab Canal Solar Power Projects Have 1,500 MW Potential: Minister

The minister claimed that the canal-top solar photovoltaic projects have been designed in such a fashion that the canal banks are not touched for the safety of the canal and inhabitants in the vicinity of the canals. Punjab Power and Renewable Minister Gurpreet Singh Kanger stated that the state has a potential of more than […]

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JinkoSolar US Arm Inks 1.43 GW Solar Panel Supply Pact with sPower

The deal includes significant down payments, which will help Jinko expand its manufacturing capacity in the United States and Asia. One of the leading PV modules supplier JinkoSolar Holding’s US subsidiary has signed a three-year deal to supply 1.43 GW of high-efficiency modules to sPower. sPower is the leading renewable energy independent power producer (IPP). […]

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Cabinet approves Continuation of Off-grid and Decentralised Solar PV Applications Programme – Phase III

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for implementation of Phase-Ill of Off-grid and Decentralised Solar PV (Photo Voltaic) Application Programme to achieve additional 118 MWp(Mega Watt peak) off-grid solar PV capacity by 2020. Phase-Ill of Off-grid and Decentralised Solar PV Application Programme covers […]

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