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How falling solar tariffs are shaping the solar future of India’s 100GW goal

The technology chapter of solar energy is aerobicized, the growing efficiencies and advance solar cells is aggrandizing operation regardless of robust conditions. In the case of India, the valiant figures of solar integration are extolling and cementing new charts of growth. This unequivocally qualifies the international and national players to proliferate and also aggressively dive […]

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UP Wants Solar Power Companies to Lower Power Tariffs

The solar power developers have received pro-forma of a letter from the UP Electricity Regulatory Commission (UPERC) that wants them to sign by which they would voluntarily agree to lower solar tariffs. Following a steep fall in solar tariffs in the last two years, Uttar Pradesh is pressuring solar power project developers to cut rates […]

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Mytrah Energy reports USD 362.23mn in revenue

The renewable power producer Mytrah Energy entered into PPAs  for 140 MW of solar power capacity, bringing the total to 422 MW AC in Telangana, Punjab and Karnataka Renewable energy company Mytrah Energy Ltd. announced its full year results for the year ended 31 December 2016. The company reported full year revenues of USD 362.23mn, […]

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Solar Power Tariffs in India Have Plunged by 73 Percent Since 2010

Since 2010, India’s solar power tariff rate has been reduced to record low, especially in the auction conducted at the Rewa Solar Park. India’s solar sector recently reached record low tariff levels in the auction conducted at the Rewa Solar Park in the state of Madhya Pradesh. India was one of the first countries to […]

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VIZ-A-VIZ ANDREW HINES, Business Development Head – South India, CleanMax Solar

Rooftop projects are taking the ramp and opening new avenues for solar rooftop players. This sector is no more in silos with players like CleanMax Solar are popping new stratagem to spur this segment. Notching recent accolades from MNRE and other prime consultancies, CleanMax have perennially catered to affluent MNCs and corporates. The recent 30MW […]

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SECI To Tender 1000MW of Rooftop Solar Capacity in December : Report

Solar Energy Corporation of India Limited (SECI) is gearing up to tender 1000MW of rooftop solar capacity in December to meet PM Modi’s goal of generating 100 gigawatts of solar power by 2022 reports Bloomberg. SECI General Manager Sanjay Sharma speaking to the publication said “The tender will entail target-based incentives, which will be released […]

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Why EPC are Treading in the Solar Race?

Solar has taken the momentum with a cumulative installed grid connected solar power capacity reaching 8,062 MW (8.1 GW) as of 31 July 2016. The ecosystem seems stable as analyst asserts that the solar market in India is set to clan the billion-dollar space. Not much appalling on the WTO setback, Indian Solar manufacturing capabilities […]

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Solar Fastest Growing New Energy Source in India: Mercom Capital Group

Global clean energy communications and research firm, Mercom Capital Group released its quarterly update on the Indian solar market on Monday, 6th June. Mercom predicts approximately 5 GW of solar installations in India for calendar year 2016. Mercom in its report states that cumulative solar installations in India crossed the 7.5 GW mark as of […]

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