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MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects

The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing  provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […]

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SunPower’s Sr. Vice President Eric Branderiz joins Tesla

Tesla on Friday announced that Eric Branderiz will join the Company on October 24, 2016 as Vice President, Corporate Controller and Chief Accounting Officer. Eric was most recently SunPower’s Senior Vice President, Corporate Controller and Chief Accounting Officer. Eric brings accounting and solar expertise to Tesla after spending 6 years at SunPower Corporation. The Tesla […]

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Azure Power announces the launch of its initial public offering

Azure Power Global Limited (“Azure Power”) has announced the launch of its initial public offering of 6,818,182 equity shares. 5,863,637 equity shares will be sold by Azure Power, while 954,545 shares will be sold by certain selling shareholders says the official statement. The company expected to grant the underwriters a 30-day option to purchase up […]

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Schneider Electric names Peter Herweck as Executive Vice President and Member of the Executive Committee

Schneider Electric is appointing Peter Herweck as Executive Vice President of the Industry Business and Member of the Executive Committee. Peter, 50- began his career at Mitsubishi Electric as a software development engineer in Japan before joining Siemens in 1993, where he held a variety of positions in the automation and drives field in Germany […]

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India’s Department of Posts plans to harness solar power at its offices

The Department of Posts has planned to harness solar power by launching a project at its headquarters in Delhi and plans to expand it to its buildings spread across the country, a top official said today. “We are examining the process of harnessing roof-top solar energy. To start, we are looking whether it can be […]

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JinkoSolar Urged to Support India’s Ambitious Solar Target

JinkoSolar Holding recently attended the India-China CEO’s Dialogue, organized by the Confederation of Indian Industry (CII) in New Delhi, India. At the high level meeting with Minister of Finance, Minister of Energy, Minister of Corporate Affairs, and other India’s top governors, JinkoSolar urged to support India’s ambitious solar target and discussed the challenges faced by […]

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Indian companies dominating the domestic solar market: Report

Home grown companies are taking hold of domestic solar PV market reports consultancy firm Bridge to India in its ‘India Solar Map 2016”. According to the map with 460 MW capacity commissioned in the last year, Adani ranks number 1 amongst project developers followed by Acme and Welspun. Interestingly First Solar and SunEdison are the […]

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Maxim replaces protection diodes with new cell-string optimizer technology

New cell-string optimizer technology from Maxim Integrated Products allows photovoltaic (PV) panels to harvest significantly more energy and simplifies design complexity for solar installation projects. Maxim’s cell-string optimizers are highly integrated DC-DC converters that replace the bypass diode and perform maximum power point tracking (MPPT) deep inside the PV module. By replacing each diode with […]

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MNRE issue guidelines for smooth implementation of grid connected solar rooftop projects

Ministry of New and Renewable Energy’s scheme for grid connected rooftop solar projects states that the Central Financial Assistance (CF A) would be 30% of the benchmark cost or actual project cost, whichever is lower, for such projects in residential, social and institutional sectors in General Category States/ UTs and 70% for such projects in […]

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