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Tamil Nadu becomes 21st State to join UDAY

State to derive an Overall Net Benefit of approximately Rs. 11,000 crores through UDAY The Government has signed a MoU with Tamil Nadu and the State DISCOM TANGEDCO under the UDAY for operational and financial turnaround of the DISCOM. Union Minister of State for Power, Coal, New & Renewable Energy and Mines,  Piyush Goyal presided []

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MNRE to offer financial incentives to DISCOMs to Support Rooftop Solar Power

Ministry of New and Renewable Energy will provide financial incentives to DISCOMs for Rooftop Solar Power In a new policy move, the Ministry of New and Renewable Energy (MNRE) has announced financial incentives for DISCOMs to support rooftop solar power installations. The notification proposes a financial support of up to INR 3.75m (USD 55,000)/MW for []

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Telangana and Assam joins UDAY signing MoU with the Ministry of Power

States with over 90% of Total DISCOM Debts covered under UDAY: Piyush Goyal Renewable Energy Minister, Piyush Goyal on Wednesday launched UDAY Web Portal and Mobile App at an event.  During the event, the States of Telangana and Assam joined UDAY by signing Memorandums of Understanding (MOUs) with the Ministry of Power, for operational and financial turnaround of their []

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Mercom Capital forecasts solar capacity addition of more than 9GW in India in 2017

Solar installation of over 9 GW in 2017 would put the Indian solar sector in the big leagues along with China, the United States, and Japan Global clean energy communications and consulting firm, Mercom Capital forecasts solar capacity addition in India of over 9 GW during the current calendar year 2017.  2016 saw solar installations []

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Solar Power to Become Economical than Coal by 2025

As reported on Bloomberg, solar is expected to get cheaper than coal by 2025 According to the reports, the solar power has become quite cheaper than the coal in various parts of the world. In less than a decade, its likely to be the lowest-cost option almost everywhere. In 2016, countries from Chile to the []

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NABARD sanctions Rs 171 crore to Chhattisgarh Government under Saur Sujala Yojana Scheme

National Bank for Agriculture and Rural Development has approved the financial assistance of Rs 171 crore for Chhattisgarh under Saur Sujala Yojana programme. NABARD has sanctioned financial assistance of Rs 171 crore to the state government Chhattisgarh for the implementation of its flagship programme Saur Sujala Yojana. Under the scheme, 11000 solar-powered irrigation pump sets []

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Interview with Gaurav Mathur, Director Sales, Trina Solar India

Founded in 1997 as a PV system integrator, Trina Solar is one of the leaders in photovoltaic modules, solutions and services. Trina Solar drives smart energy together with installers, distributors, utilities and developers worldwide. The companys industry-leading position is based on innovation, superior product quality, vertically integrated capabilities and environmental stewardship. Gaurav Mathur, Director Sales, []

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VivoPower International and Arowana Inc. Announce Completion of Business Combination

VivoPower International PLC, a global next generation solar power company, and Arowana Inc. announced the closing of their business combination transaction. Pursuant to the transaction, ARWA contributed approximately $16.8 million in cash to VivoPower in exchange for 6,088,200 newly issued VivoPower ordinary shares, which are to be distributed to holders of ARWAs ordinary shares, rights []

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