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Solar Boom – A Fantastic Fillip for India!

India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […]

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Solar Charkha Mission Launched by President Ram Nath Kovind

The Ministry of Micro Small and Medium Enterprise (MSME) will cover 50 clusters under this mission and 400 to 2000 artisans will be employed by each cluster. To generate the employment in rural areas, and disburse a subsidy of Rs 550 crore to thousands of artisans, President Ram Nath Kovind launched the Solar Charkha Mission […]

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EXTENSION OF BID SUBMISSION DATE FOR 10 MW SOLAR PV PROJECTS AT DRDO PREMISES, KOLAR. KARNATAKA

EXTENSION OF BID SUBMISSION DEADLINE :  SETTING UP OF 10 MW (AC) SOLAR PV POWER PLANTS ICLUDING 10 YEARS PLANT O&M AT DEFENCE  RESEARCH AND DEVELOPMENT ORHANISATION (DRDO) PREMISES, KOLAR, KARNATAKA This has reference to the RfS No. SECI/C&P/NIT/RfS/DRDO10MW/042018 dated 16.05.2018 regarding “ Setting up of 10MW (AC) Solar PV Power Plants including 10 years plant O&M […]

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Bihar Planning to Have 2 GW Solar Power by 2022, says Sushil Modi

The state government is committed to producing 2000 MW (2 GW) of electricity through solar energy by 2022. The two power plants are slated to be commissioned by 2022 and each will produce 350MW of electricity using solar energy. As decided by the government of Bihar, the power plants situated at Pirpainti in Bhagalpur and Kajra […]

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Financing Indian Sun

After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […]

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India Offers $75 Mn Credit Support for 100 MW Solar Project in Cuba

During talks, both countries agreed to enhance cooperation in the fields of renewable energy, biotechnology, traditional medicine and trade and investment. During the third leg of Indian President Ram Nath Kovind’s three nations tour, India offered a USD 75 million credit support to Cuba for a 100 MW solar power project. The President’s Secretariat said […]

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Nigeria Eyes 30% Renewable Energy by 2030 to National Grid

A loan of $66m and $8m was granted to Nigeria for the solar project after it joined other countries to sign the International Solar Alliance (ISA) in March 2018 in New Delhi, India. Intensifying its collaboration with India on clean energy, the Federal Government of Nigeria has set a target for 30 percent renewable energy […]

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Solar Manufacturing Scenario of India

The incredible growth shown by Indian solar market is un-matching and an important for sector where the country can excel. Initiatives` like International Solar Alliance by India and multiple schemes that benefit the industry have been put in place. If fully harnessed the industry has a strategic importance for the country as it can save […]

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India Extends $20 Mn Concessional Financing for Solar Project in Suriname

In addition, India will extend a line of credit of USD 27.5 million to support a power transmission project in Pikin Saron area, says President Kovind. In a move to provide clean energy to a cluster of 49 villages, President of India Ram Nath Kovind said that India will extend concessional financing of USD 20 million […]

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