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solar industry in india

Govt Set to Divest its 100% Stake in CEL; Invites EoI by Mar 16

After BPCL and Air India, government is now set to privatise its solar products manufacturer Central Electronics Ltd (CEL) and invited bids for selling its 100 percent shareholding with management control. The last date for interested parties to submit the bids is March 16, 2020. CEL is a Government of India Enterprise under the Department of […]

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CEA Report Shows RE Generation Increased by 17.2% YoY in December 19

The latest report by CEA has revealed that electricity generated from RE sources increased by 17.2 percent YoY for the month of December 2019. The latest report by the Central Electricity Authority (CEA) tracking the monthly renewable energy generation in India for the month of December 2019 has revealed that electricity generated from renewable energy […]

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EVs to Cost Less Than ICE Vehicles Inside 3 Years: Niti Aayog CEO

EVs will cost less than ICE vehicles in 3 years as the price of battery packs is expected to fall by almost 51% per unit, NITI Aayog CEO Amitabh Kant said Electric Vehicles (EVs) will become cheaper than internal combustion engine (ICE) vehicles in three years as the price of battery packs of EVs is […]

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Sterlite Power Elevates Arun Sharma as Infra Biz COO

Global player in the power transmission space Sterlite Power said on Wednesday that it has appointed Arun Sharma as Chief Operating Officer (COO) of its infrastructure business. Earlier, Sharma was heading the Master System Integration (MSI) business at the company’s solution business unit. Now, he will lead Sterlite Power’s both infrastructure and MSI businesses. He […]

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GM Invests $2.2 Bn in its First 100% Plant Devoted to Electric Vehicles

General Motors’ (GM) is investing USD 2.2 billion in its Detroit-Hamtramck assembly plant to produce a variety of all-electric vehicles General Motors’ (GM) vision of an all-electric future is coming into clearer focus and gaining momentum with a USD 2.2 billion investment at its Detroit-Hamtramck assembly plant to produce a variety of all-electric vehicles including […]

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Wind Energy Crucial for Europe’s ‘Carbon Neutral by 2050’ Target

The EU recently announced measures towards being carbon neutral by 2050, and Wind is expected to play a crucial role in achieving that target The European Union (EU), whose 28 members collectively account for the world’s third-largest emitter of greenhouse gases after China and the US, further strengthened its long-term commitment by announcing the Sustainable […]

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What are your key expectations you hope will be addressed in New Year?

Aspirations of solar industry are also rising in this New Year, as the year gone by was filled with many challenges which resulted into slowing down the speed of growth of the solar industry as compared to the previous years. Here’re some expectations of the industry stakeholders that they wish will be fulfilled in the […]

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Sterlite Power Unveils Innovative Soln to Trim Losses in RE Segment

With an aim to significantly reduce losses in the renewable energy (RE) space, Sterlite Power has developed an innovative solution called ‘low loss conductor’. This new product is a combination of Aluminium conductor, and can reduce losses by up to 40 percent as compared to other conventional conductors. This new innovative conductor is highly corrosion […]

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Clean Energy Flunks The Easy Financing Test

For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […]

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