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renewable energy power

Mangalore University to Go Green by March 2018

The University is likely to receive a low Rs 3.839 per unit of power and a power purchase agreement for 25 years will be executed by ReNew. Mangalore University being the only government building in Karnataka and among 37 intitutional buildings in India which will get grid-connected roof-top solarphoto-voltaic system, the project was selected as […]

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India Plans Rs 11,000 Crore Aid To Support Domestic Solar Cell Manufacturing

The Ministry of New and Renewable Energy (MNRE) has released a concept note of a proposal that aims to provide a 30 percent subsidy for setting up new solar plants and expanding the existing ones. India plans to boost solar module manufacturing by providing Rs 11,000 crore direct support along with concessions to cut reliance […]

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Consumption Segment Dominates the Global Smart Grid Cyber Security Market

According to the latest market study released by Technavio, the global smart grid cyber security market is expected to grow at a CAGR of more than 10 percent during the forecast period of 2017-2021. The market research analysis categorizes the global smart grid cyber security market into the following type of application. They are: • […]

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Hybrid Solar Systems to be installed in Govt Schools of Haryana

The hybrid solar systems would be installed in 3,222 government high and senior secondary schools at a cost of Rs 236.57 crore. In a significant decision, the Haryana government has decided to install hybrid solar systems in all government schools of the state in a phased manner. To begin with, the hybrid solar systems would […]

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Saudi Arabia to Establish $51.22 Million Solar Plant in Bangladesh

The solar power plant is expected to produce 40MW to 100 MW of power in Bangladesh and will be completed within six months. Saudi Arabia has signed solar power agreement in Dhaka to set up $51.22 Million solar plant in Bangladesh. The agreement was signed between the Federation of Bangladesh Chambers of Commerce and Industry […]

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GST Increases Cost of Solar Projects by 12 Percent, Says AISIA

Under the current GST regime, “solar power cost will see upward escalation”, the All India Solar Industries Association said. The Goods and Services Tax (GST) has led to 10-12 percent rise in overall cost of solar projects, the All India Solar Industries Association has said, while petitioning the government against the rise in tax incidence […]

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Solar Panel Warranty Insurance Policy Introduced by ICICI Lombard

The park developers and park owner will be the sole beneficiary as insured, which the Solar Panel Warranty Insurance aims to cater at large. Solar park developers can now be covered by ICICI Lombard General Insurance, the company recently announced. While announcing the company stated “The standalone insurance product gives comfort to lenders and investors […]

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INDIA Marches Ahead

As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […]

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