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Interview with Rajendra Kumar Parakh, CFO, Vikram Solar

Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […]

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SECI Issues Amendments For its 97.5 MW Rooftop Solar Scheme For Govt Buildings

The Solar Energy Corporation of India (SECI) has issued amendments and clarifications for the implementation of 97.5 MW grid-connected rooftop solar PV system scheme for government buildings in different states/union territories of India under RESCO/CAPEX model. Besides amendments to the provisions and guidelines of the RfS document, SECI has also extended the bid submission deadline […]

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Pre-Bid Meeting For 2000 MW Solar Projects Tender Under CPSU-II Scheme

The pre-bid meeting has been scheduled for April 2, 2019. The Solar Energy Corporation of India (SECI) has issued a notification with the schedule for the pre-bid meeting for its 2000 MW grid-connected solar PV power project tender (Tranche-1) under the Central Public Sector Undertaking (CPSU) Phase-II Scheme (Government Producers Scheme). In order to discuss […]

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Azure Power Surpasses 100 MW of Operating Rooftop Solar Capacity

Azure Power, a leading solar power producer in India, announced that it has surpassed 100 MW of operating solar rooftop capacity, making the operating portfolio of Azure Roof Power, one of the largest in the country. The milestone was achieved with the company’s recent rooftop project commissioning of various capacities under Delhi Jal Board, Indian Railways […]

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US DOE Selects $36 Mn to Advance Solar Energy Integration

The U.S. Department of Energy (DOE) selected up to $36 million in research projects that will advance solar energy’s role in strengthening the resilience of the Nation’s electricity grid. While fires, natural disasters, and cyberattacks can cause wide-spread power losses, even temporary disruptions in power quality can result in major economic losses. With more and more solar […]

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South Korea Unlikely to Meet 2030 Renewables Target : WoodMac

South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […]

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IOCL Floats Tender For 10 kW Solar Projects For 3 Outlets in Tamil Nadu

The last date of bid submission is April 3, 2019, and the tenders will be opened on April 4, 2019. The Indian Oil Corporation (IOCL) has issued a tender inviting bids from eligible bidders for the deployment of 10 kW capacity captive solar photovoltaic project for 3 Freedom retail outlets (Pudukottai, Palamkottai, and Coimbatore) in […]

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131 Public EV Charging Stations Planned in Next 3 Months For the Capital

National Capital Region of Delhi is reportedly getting 131 new public charging stations for electric vehicles in the next three months. These chargers will provide people with easy access to recharging facilities and the locations of these charging stations have been decided so as to cater to the EV charging needs of consumers coming from […]

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TKM Meets 87% Energy Needs of Bidadi Plant With Renewable Energy

Through renewable power sourcing during the first three quarters of FY 2018-19, Toyota Kirloskar Motor (TKM) contributes more than 51,000 tons of Co2 reduction. Guided by Toyota’s ‘Global Environmental Challenge’ 2050 in line with the United Nations Sustainable Development Goals, till January ‘19 [in FY 2018-19], TKM successfully sourced 87% of electricity from the renewable […]

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