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renewable energy in india

BUY or LEASE Your Solar panel system?

Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 – 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate […]

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Why EPC are Treading in the Solar Race?

Solar has taken the momentum with a cumulative installed grid connected solar power capacity reaching 8,062 MW (8.1 GW) as of 31 July 2016. The ecosystem seems stable as analyst asserts that the solar market in India is set to clan the billion-dollar space. Not much appalling on the WTO setback, Indian Solar manufacturing capabilities […]

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OPIC, ReNew Power enters into an agreement for 100 MW solar project in Telangana

U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has signed an agreement with ReNew of approximately $74 million for a 100 MW solar project in Telangana. Announced during the 22nd session of the United Nations Framework Convention on Climate Change Conference of Parties (COP22), this project is expected to diversify the country’s power […]

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Hybrid Solar Wind Market size is expected to reach USD 1.47 billion by 2024

Global Market Insights, Inc. in its latest report has revealed that hybrid Solar Wind market size will reach USD 1.47 billion by 2024. The research firm notes that decreasing wind and solar component cost associated with increasing clean fuel energy demand will drive the global hybrid solar wind market size. The component manufacturing cost has […]

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Western Railway to install 2 MW solar panels at its suburban stations

To reduce carbon footprint, the Western Railway will be setting up solar panels at around 30 locations- with a total capacity of 2 MW. The installed solar plant will provide power for its non-traction work. Western Railway expects to reduce dependence on energy from coal-fired plants by around 10% and save lakhs of rupees in […]

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Telangana’s total solar power generation capacity touches 3800 MW

Telangana has so far commissioned 3800 MW of solar power and 100 MW of wind power. “The State has so far commissioned 3,800 MW of solar power. The solar policy of the state has been widely received and there was tremendous response to the tenders floated for 2500 MW solar power. “So far, 100 MW […]

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A low cost Micro Solar Dome to light up households in rural areas

A low cost and energy efficient device has been developed to capture sunlight and light up households, particularly in urban slum or rural areas which lack electricity supply. Micro Solar Dome (MSD) has been developed by the Department of Science and Technology in collaboration with N B Institute for Rural Technology. The device has a […]

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Hanwha Q Cells to ship 141MW of Solar Modules to Mahindra Group

Hanwha Q Cells has announced that it has signed an agreement with Mahindra Susten Pvt. Ltd. to supply 141 megawatt solar photovoltaic module. Hanwha Q Cells will ship HSL72 modules, which are produced in company’s production facility in China to the newly established renewable energy arm of the India’s sixth largest conglomerate Mahindra Group. The […]

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Adani’s solar module to cost 10-12% more than imported version: Report

Solar modules and solar photovoltaic cells from the house of Adani Group developed under Make in India initiative will reportedly cost higher. Jayant Parimal-Renewable Energy Business CEO, Adani Group speaking to ET said Solar modules and solar photovoltaic cells will be 10-12% higher than the imported versions available in the market. Early this year in […]

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