SUBSCRIBE NEWS LETTER

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India’s Energy Transformation from Fossil Fuel to Renewables is Gaining Rapid Momentum: Experts

“Measures taken by the Indian government to improve energy efficiency coupled with ambitious renewable energy targets and the plummeting cost of solar has had an impact on existing as well as proposed coal fired power plants, rendering an increasing number as financially unviable,” India’s decision to cancel nearly 14 gigawatts of coal-fired power stations coupled […]

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Azure Power and Hareon Solar Forms Joint Venture to Develop 118 Mw Solar Power Project in Telangana

Hareon Power Singapore Limited, the Singapore subsidiary of Hareon Solar will be collobarating with Azure Power to develop 118 MW solar power project in Telangana. Hareon Solar Technology Co., Ltd. will be partnering with Azure Power Global Limited to develop a 118 MW solar power project in India. Hareon will be investing through its Singapore […]

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Solar Power Tariff Expected to Get Cheaper than Coal

The solar power tariff has seen a significant decline in tariffs from Rs. 10.95-12.76/kWh in 2010-11 to as low as Rs. 3.15 per kWh, which is expected to fall to Rs. 2.90 per unit. India’s solar power prices may be set to fall below those of thermal (coal) energy. This is based on an expected […]

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There’s more to Indian Solar Tariffs than Meets the Eye

The record low solar tariff of INR 3.29 that was bid in Rewa Solar Power Project, has been surpassed by National Thermal Power Corporation’s 250 MW project, Engie’s Solairedirect submitting INR 3.15 tariff rate. India achieved a record low solar tariff of INR 3.29 (US¢ 5.1)/kWh in the Rewa tender in February. That record was […]

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Fortum Commissions a 70 MW Solar Power Project in India

Fortum has successfully commissioned its third and the biggest, a 70 MW solar power project at Bhadla with a fixed tariff for 25 years. Fortum has commissioned a 70-MW solar plant at Bhadla solar park in Rajasthan, India. The solar plant is Fortum’s third and so far biggest commissioned solar energy project. Fortum won a […]

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India not doing enough to capture energy storage opportunity: Bridge to India

India has barely woken up to the potential of electric vehicles or energy storage China is dominating the energy storage industry which has been so far led by Japanese and Korean manufacturers such as Panasonic, Samsung SDI and LG Chem said Bridge to India in a report. The country is using every trick like government […]

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Price of Solar Power May Fall Further in FY18

In the last few months, solar power costs had hit a low of Rs 3.30 per unit and might fall further in FY18. Solar power generation costs are set to dip further during third and fourth quarter of 2017-18, helped by expected softening of interest rates and a drop in solar panel prices due to […]

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3rd Edition of India Smart Grid Week set to kick start from 7th March, experts from 50 countries to participate

Experts from 50 countries from power sector will discuss about the advanced solutions for grid modernization, FDI in smart infrastructure, e-mobility and future of transportation and renewable energy integration at the 3rd Edition of India Smart Grid Week. The 3rd Edition of India Smart Grid Week (ISGW) is all set to kick start the four-day […]

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