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NTPC board has accorded approval to investment proposals worth Rs 3,104 crore for solar PV projects in Madhya Pradesh and Rajasthan. Power major NTPC has informed BSE that the Board of Directors of the Company at its meeting held on March 30, 2016, has accorded investment approval for Mandsaur Solar PV Project (5×50 MW) in […]
Reliance Solar Power‘s 100-MW solar power plant in Jaisalmer, Rajasthan has commenced power generation. The solar plant is based on Areva’s compact linear fresnel reflector (CLFR) technology. CLFR system yields higher power cycle efficiency and deliver less pumping losses as compared to other CSP technologies. Additionally it requires lesser area to operate in comparison to […]
The US Agency for International Development (USAID) and Asian Development Bank has signed Memorandum of Understanding (MoU) on Monday for providing Rs 5,681 crore ($848 million) in funding to develop solar parks across India. Under the MoU USAID will align the technical resources of two of its programs to support ADB’s investments in the development […]
The Power Ministry on Monday said it has achieved the target of electrification of 7,000 villages in this FY2016. During last week (from 21st to 27th March 2016) 196 villages have been electrified across the country under Deen Dayal Upadhyaya Gram Jyoti Yojna (DDUGJY), of these electrified villages, 75 are in Assam, 22 in Arunachal […]
Jharkhand’s first bulk tender of solar power projects of 1.2GW received interest from Indian companies. The state issued tender to allocate 1200 MW of solar power projects to private developers in December last year. Early this month Results announced by the Jharkhand government shows bids placed by successful project developers range between Rs 5.08/kWh and […]
India’s overall solar project in pipeline now stands at a staggering 23 GW. More than half of it is expected to come online within two years. Bridge to India estimates capacity addition of 4.8 GW solar power plants by this year and over 9 GW in 2017 excluding capacity additions in the rooftop and open […]
US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […]
Madhya Pradesh (MP) has largely identified as one of the most solar friendly states with major investors and providers have already bid on these states. With abundance of solar proficiency, MP is aiming to yield the cheapest solar power in world. The benefits are projected to come after the completion of the World’s Biggest Solar […]
Shri Shakti Alternative Energy and a Greece solar asset care company, Alectris, announces a joint marketing venture leveraging integrated solar operations, maintenance and asset management services to solar PV installations in the country. Alectris has recently introduced its solar ERP software platform – ACTIS at Indian Power Stations O&M conference, the solution is claimed to […]
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