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renewable energy projects

Tamil Nadu to Get 500MW Solar Power Plants at Rs 2170 crore

NLC India Limited has released tenders to set up solar power plants in various parts of Tamil Nadu NLC India Limited has proposed to set up solar power plants at the cost of Rs 2170 crore with a total capacity of 500 Megawatt in various parts of Tamil Nadu. The company has floated tenders and […]

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BHEL Aims to Enhance Solar PV Business

BHEL has invested Rs. 300 crore to enhance the solar PV cell making capability to 225 MW. State-run engineering major Bharat Heavy Electricals Limited (BHEL) is internally aiming to cut down its dependence on thermal power business from 80 per cent to 50 per cent in the next 10 years, and include solar PV cell […]

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Floating Solar Panels Market Size to Reach USD 2.70 Billion by 2025 Grand View Research

Grand View Research expects the floating solar panel technology to foresee abundant growth over the forecast period on account of rapid demand primarily in Asia Pacific. Rising installations in China and Japan coupled with upcoming commercial projects in India is likely to fuel growth over the projected period. According to a new report by Grand […]

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El Salvador Awards Solar PV Project at 4.955¢ Per Kilowatt-Hour

El Salvador, a small Central American nation awards solar PV power projects at competitive tariffs rates A small Central American country giving competition to a renewable energy giant like India in solar PV power tariff bids does not seem quite right, but this is indeed true in the case of El Salvador. According to media […]

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Middle East is The New Market for Chinese Solar Players

Chinese solar panel manufacturers are tapping the Middle East, North Africa, and South Asia markets, with large-scale investment in renewable energy expected to drive a rapid increase in demand for imported technology. Local demand has underpinned the rise of China’s solar energy industry, but faced by a slowdown in domestic solar energy projects and reduced […]

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Solar players expect tax incentives in budget, uncertainty over GST remains

According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […]

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NEXTracker, CleanMax Partners Eyes Big at Indian Solar Tracker Market

Extensive plans to foray into the Indian solar market, also partners with CleanMax for 30 MW grid-connected solar project Pinning the potential of trackers in the Indian solar industry, NEXTracker today shared a comprehensive overview on their current and future plans for India. The American single-axis major has also inked strategic partnership with CleanMax Solar […]

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Storage-linked Solar Power to Reach 5 kWh by 2022

Renewable Energy like solar power is available for half the cost, and can reach 5 kWh by 2022. Renewable Energy like solar power with storage is already available at half the cost, compared with power from diesel-run generators, according to industry watchers. Vikram Kailas, Managing Director and CEO, Mytrah Energy, told BusinessLine: “We are probably […]

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India as a solar power bright spot helps fill Japan, China slowdown

India is expected to double up its solar power capacity outpacing once-booming Japan India may be a bright spot for global solar power markets this year as it adds capacity at a record pace, becoming one of the top regions for panel producers struggling with rock-bottom prices. India is expected to add nearly twice as […]

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