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Renewable Energy Industry Reactions on Interim Budget 2019

The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […]

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Karnataka Tops the Chart in Renewable Energy Capacity

Having 12,640 MW of cumulative capacity of installed renewable energy, Karnataka is leading the way in generating renewable energy. With a view of cutting carbon emissions and moving towards a sustainable future, Karnataka has now become the number one state in renewable energy capacity addition. Having 12,640 MW of cumulative capacity of installed renewable energy, […]

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India’s Rooftop Solar Market – High on Opportunities and Loaded with Challenges

Experts from the industry, policy makers and market researchers will share their experience and views and suggest the ways to accelerate the market during three rooftop conference sessions at Intersolar India on December 11-13, 2018 in Bangalore. Net metering was introduced in India as a measure to make rooftop solar more accessible and economical for […]

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REC Group Makes Comeback in India with RESCO’s 45MW Solar Order

Order winner, REC Group has planned to showcase its breakthrough technologies in the upcoming Renewable Energy India Expo (REI Expo). European solar photovoltaic (PV) panel provider in India, REC Group has clocked major orders in the rooftop RESCO segment in the month of June and July. The total orders combined for the three-leading solar EPC […]

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Corporates and Multinationals Showing Interest in Solar-powered Factories

There are half a dozen established solar companies tapping the corporate sector, as solar power prices have crashed to a viable less than Rs 3/kWh (kilowatt hour) from over Rs 5/kWh three years ago. Indian corporates and multinationals are increasingly showing their interest in shifting from conventional source of energy to solar energy. Many leading […]

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NEXTracker Successfully Delivers 754 MW Solar Trackers to Villanueva PV Proj in Mexico

The 754 megawatts (MW) of solar trackers once operational, will generate enough energy to supply 1.3 million households and offset more than 780,000 tons of carbon emissions yearly. NEXTracker, a Flex company, has successfully delivered 754 megawatts (MW) of solar trackers to the Villanueva solar project—the largest solar facility in the Americas, located in Torreón, Mexico. […]

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Domestic Manufacturers Hoping of a Favorable Budget 2018

Currently, importing machinery and manufacturing equipment incur a heavy duty, compared to the duty-free import of finished products like Solar PV modules. As the administration keeps on the significance of the expanded appropriation of the sustainable power source, the power area seeks after a truly necessary push to domestic equipment manufacturers in the current year’s Union Budget. […]

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Brijesh Pathak: UP To Set Up 10,700MW Solar Plants in Five Years

The Uttar Pradesh Solar Power Policy 2017 targets usage of 10,700 MW of framework associated solar power extends before the finish of 2022. The Uttar Pradesh government will set up around 6,000 solar power plants to meet its spotless energy focus of 10,700 MW in the following five years, Additional Energy Sources Minister Brijesh Pathak […]

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Budget 2018: Solar Industry Demands Clarity, Relief in Safeguard Duty

According to industry experts, the imposition will not only increase the tariff by almost Re 1 but it will put the projects under execution in deep trouble resulting in making them unviable, turning them into non-performing assets. With the proposed imposition of 70 percent safeguard duty on import of solar power equipment and concerned about […]

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