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solar industry in india

Center Should Resolve Issues Pertaining To Policy: Vikram Solar CEO

Vikram Solar had closed 2014-15 with a turnover of 623 crores, 910 crore in 2015-16 and 1,659 crores in 2016-17. This shows a compounded annual growth rate of 54 percent over the past five years. In order to boost the solar energy sector growth, the central government should step up and take valuable decisions to […]

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1st Source Bank Announces Financing of 10 Solar Projects in 2017

1st Source has committed itself to serving the renewable energy industry. The Bank made its commitment to solar due to the unique needs of smaller commercial clients around the country, the Bank’s ability to provide tailored equity and financing options to this group of businesses. 1st Source Bank, a financial services company has announced the […]

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String Inverters – Igniting the Solar Market in 2018

The renewable energy sector is catapulting a holistic approach in the overall technology world. Especially ‘Solar Power’ which has a GW trail to his name is seen as the next big revolution in renewable energy sector. The power demands in future will become ruthless and Government is writing subpoena for Solar Experts and companies to […]

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IHS Markit: Global Solar Installations to Pass 100GW in 2018

Market analyst IHS Markit has issued its first forecast for 2018 installations. It expects the global market to surpass the 100 GW mark for the first time ever, hitting 108GW. IHS Markit is predicting another recording breaking year for solar in 2018, forecasting installations to hit 108 GW by the end of the year. The […]

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70 percent Safeguards Duty on Solar to Put Rs 12,000 Crore Ventures in Danger

The Ministry of Finance, through its Standing Board of Safeguards, will take an ultimate choice on the burden of defending the duty either on the temporary or the last proposals of the Directorate General of Safeguards. Imposing 70 percent of safeguard duty on imported solar panels and modules from China and Malaysia, as suggested by […]

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Cheap Chinese Imports Push Out Local Solar Players

Aside from a couple of enormous players, for example, Tata Power Solar, solar thermal makers are generally in the little or medium scale section and give around one lakh occupations. The National Solar Mission may have set an objective of 20 million m2 (meter square) solar thermal limit with ‘Make in India’ boards, however the […]

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NEXTracker Delivers Smart Tracker Technology to Solar Power Plant in North Africa

NEXTracker’s award-winning smart solar tracker, NX Horizon, holds the #1 tracker market share leadership position worldwide with over 11 gigawatts of systems sold. NEXTracker has announced that global solar EPC company Sterling and Wilson selected NEXTracker to supply 325 megawatts (5 blocks of 65 MW each) of its smart solar trackers to its project within […]

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How India can Achieve Its Ambitious Renewable Energy Goals

India is one of the countries in the world which is blessed with more than 300 days of sunshine in a year and is aggressive towards becoming a solar superpower. The country is currently in process to meet its renewable energy goals. In 2010, the country launched National Solar Mission and made an ambitious target […]

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A State Model for Development: Inclusion of Solar in Building Bye-Laws

The inextricable connection between state policies and development is well defined. Make in India is known to have made a tremendous inroads in invigorating the manufacturing sector. The FDI inflows reached record high levels and GDP growth rate touched the 7.5% mark. In the past few months, metrics to quantify results of state policies reverberated […]

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