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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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17.90 Crore LED bulbs distributed across the Country: Piyush Goyal

Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal in Lok Sabha on Thursday said “Achieving efficient implementation of the Unnat Jyoti by Affordable LEDs for All (UJALA) Scheme, the aggregation of demand and bulk procurement by Energy Efficiency Services Limited (EESL) has resulted in huge savings for the consumers across the country.” The Minister […]

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ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report

ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […]

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90,710 Solar Pumps has been Installed throughout the country: Piyush Goyal

Piyush Goyal-Power, Coal, New and Renewable Energy and Mine, Minister in Lok Sabha on Thursday informed that 90,710 solar pumps have been installed throughout the country as on 31st October, 2016. Installations of more pumps are at various stages of implementation. Goyal stated that “a target of 50,000 pumps for irrigation and potable water consumption has […]

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Poor implementation of net-metering policies poses a major challenge for rooftop solar

India’s rooftop solar market has been growing rapidly with the country adding more capacity in the past 12 months than all previous years put together. However, grid interconnection regulations and processes remain challenging in most parts of the country despite almost all states announcing net- and/or gross-metering policies for rooftop solar. According to survey of […]

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SECI Issues NIT for Development and Supply of 50000 nos Low Cost Li-Ion Solar Lanterns

Solar Energy Corporation of India (SECI) has issued a notice of interest (NIT) for the development and supply of 50000 nos low cost lithium ion (uni-directional) solar lanterns. The project entails distribution of solar lanterns of advanced design (Uni directional, Lithium –ion Model). The target areas for this project shall be backward districts of Andhra […]

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5200 Megawatts Solar Capacity to be added in 2016-17

India is set to add 5200 MW solar capacity this fiscal year with various states coming out with policies for the sector. The reports from a study conducted by the ratings agency, CARE, it is estimated that out of total installed renewable energy capacity of 42750 MW as on 31st March, the solar energy share […]

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ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report

IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […]

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