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Year-End Review – Ministry of Power

In view of the growing need of the Indian Economy, Government of India has embarked upon a massive programme to provide 24×7 power across the country by 2019. After the completion of half of its term, the Government has achieved many important milestones in the Power sector. Special focus has also been given to North East by giving […]

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Rooftop solar units from third party costs 40 percent cheaper than DISCOMs

Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […]

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10 Indian states accounting for approximately 90 percent of all solar installations and pipeline: Mercom Capital

Mercom Capital in its recent report has revealed that top 10 states in the country accounting for approximately 90 percent of all solar installations and pipeline. According to the research firm as of December 2016India has a total installed large-scale solar capacity of 9,018 MW and a solar pipeline of 14,030 MW.  The top 10 […]

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Germany is providing soft loan to the tune of Euro 1 billion for India’s ‘Green Energy Corridors’: Piyush Goyal

Union Minister for State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Thursday in Lok Sabha said that in order to facilitate integration of large scale renewable generation capacity addition, a comprehensive scheme including Intra-State and Inter-State transmission system has been identified as a part of ‘Green Energy Corridors’. Intra-State Transmission […]

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Global RE– INVEST 2017 postponed, new dates to be notified soon

Ministry of New and Renewable Energy (MNRE) has postponed the 2nd Renewable Energy Global Investors Meet & Expo (Global RE-INVEST 2017) which was scheduled from 15-17 February 2017 in Gandhi nagar, Gujarat.  The ministry notes that it is working on fresh dates and will notify shortly. Global RE-INVEST 2017 is being organised in partnership with […]

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ISG Solar International Group acquires Tamesol’s production facility in Girona

ISG Solar International Group Ltd, a British multinational based in London has taken over Tamesol, through the acquisition of its production facility in Girona. Under an agreement ISG Solar will be to provide Tamesol with the necessary resources to realize its ambitious plan for expansion. The English company notes that it has chosen Tamesol for […]

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All you need to know about SECI’s 1000MW tender for rooftop solar

Solar Energy Corporation of India (SECI) on December 9 launched a tender of 1000 MW capacity for development of grid-connected rooftop solar capacity for Central Government Ministries/Departments. This largest rooftop tender is expected to give a big boost to Rooftop Solar Power Generation Segment and help to achieve the Modi Government’s target for installation of […]

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Hindustan Zinc to set up 155 MW solar project, to invest Rs 630 crore

Hindustan Zinc Ltd (HZL) has announced that it is foraying into solar energy business and will set up 115 MW of solar energy projects with an investment of Rs 630 crore. The company led by billionaire Anil Agarwal already produces 474 MW of thermal power and 274 MW of wind energy. HZL CEO Sunil Duggal […]

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Solar water pump market in India struggles to take off

In 2014, PM Narendra Modi set a target to install 1 million solar water pumps, equivalent to approximately 3000 MW, for irrigation and drinking water by 2021. But actual cumulative installed base stood at merely 25000 pumps as of April 2016. The bleak performance is despite the government offering massive subsidies of as much as […]

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