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Shell & Total Still Investing Much More in Fossil Fuels Than RE: IEEFA

While Shell and Total are shifting towards RE technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report While Shell and Total are shifting towards renewable energy (RE) technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report from […]

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Soon 20% of all C&I Solar Systems in India Will be Grid-Tied: Report

Increasing electricity demand and rising grid tariffs for commercial and industrial (C&I) customers are driving business users to rooftop solar, which is not only cleaner and cheaper but also gives them tariff certainty for 25 years. In ‘Powering up Sunshine – Untapped Opportunities in India’s Rooftop Solar Market’, a new report from JMK Research & Analytics […]

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Vestas Secures Turbine Orders Worth 191 MW in Vietnam and Japan

Vestas has announced that it has secured three turbine orders worth a combined 191 MW capacity for three projects in Vietnam and Japan. The leading wind turbine manufacturer and supplier in the world – Vestas has announced that it has won three orders worth a combined 191 MW for projects in Vietnam and Japan. The […]

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Guidelines Issued for Implementation of Off-Grid Solar Plants in RESCO Mode

MNRE has issued the final guidelines for the implementation of off-grid solar power packs/ plants in RESCO mode and model PPA. In reference to its previous order issued in April 2020 for issuing extension of off-grid and decentralized solar PV applications programme –Phase III till March 31, 2021, the Ministry of New and Renewable Energy […]

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Electricity Demand to take Lasting 7-17% hit due to COVID-19: TERI

A new report released by TERI suggests the demand for electricity in India is expected to be 7 – 17 percent lower by 2025 due to the COVID-19 economic shock A new report released by The Energy Resource Institute (TERI) gives a picture of how electricity demand would be affected by the economic effects of […]

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Vikram Solar Signs MoU to set up 3 GW Manufacturing Facility in Tamil Nadu

Vikram Solar intends to set up a 3 GW solar manufacturing facility in Tamil Nadu, after it signed a Memorandum of Understanding with the state government. Kolkata-based solar energy module manufacturer and solutions provider – Vikram Solar has announced that it is planning to set up a 3-gigawatt (GW) solar manufacturing facility in Tamil Nadu, after it […]

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Navy Station in Raigad Brings Online 2 MW Solar Power Plant

The first 2 MW solar power plant of the western command of the Indian Navy was inaugurated at the IN Karanja Station in Raigad district of Maharashtra. The first 2 MW solar power plant of the Indian Navy was inaugurated at the IN Karanja Station near Uran in Raigad district of Maharashtra on July 21, 2020, officials said. Vice Admiral […]

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LAUNCHING- Solis 255K “More Than BIG” on 22nd July 2020

2020 is the year when the photovoltaic industry moves from subsidy to parity, and also the year of great technological change! Since the beginning the year, at least 7 companies have released new PV modules, with the power moving from 500W to 600W+! At the same time the renewable industry in India is witnessing aggressive […]

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20% Duty on Solar Power Equipment to cut Imports: Anurag Thakur

The government is considering a 20% basic customs duty on solar equipment to discourage imports, particularly from China, Anurag Thakur has said. The government is considering a proposal by the Ministry of New and Renewable Energy (MNRE) to impose 20 percent basic customs duty on solar modules to provide an edge to domestic manufacturers and discourage imports, […]

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