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solar capacity

13% of Solar Power Target for FY 2018-19 Met in Q1: MNRE

Out of the solar power target achieved in April-July period, ground mounted solar capacity amounts to 1304.57 MW and roof top solar capacity is reported at 159.59 MW. Ministry of New and Renewable Energy (MNRE) has released the program wise renewable energy achievements met in the first quarter of financial year 2018-19 including the month […]

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World Reaches 1TW of Wind and Solar; 2TW by 2023, says BNEF

According to the BNEF estimation, second terawatt of wind and solar will arrive by mid-2023 and cost 46 percent less than the first. The world has attained the landmark figure of 1,000 GW of wind and solar generation capacity installed, as per the Bloomberg New Energy Finance (BNEF) report. According to the BNEF estimation, second […]

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President assents Continuation Of Phase 3 of Off-Grid and Decentralized Solar PV Applications Programme

The funds for Solar PV application implementation would be met from Plan allocation made during financial years 2018-19 onward with an overall Plan Outlay of Rs. 656 Crores. After the cabinet approved the continuation of Off-grid and Decentralized Solar PV Applications Programme – Phase III in financial year 2018-19, the President’s assent has deemed the continuation […]

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India Far from 100GW Solar Power Target: CRISIL

The agency also stated in the report that with best possibilities the country would be able to attain 78 to 80 GW of solar power by the end of 2022 up from the current installed capacity of 21.65 GW. Impacting the solar sentiments of India, ratings and research agency, Credit Rating Information Services of India (CRISIL) has asserted that India […]

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Brett Martin, Lightsource BP Ink Solar Energy Pact

As per the deal, Brett Martin is now procuring renewable electricity from a solar installation funded and developed by Lightsource BP. County Antrim-headquartered independent manufacturer Brett Martin signed a solar energy agreement with British solar parks developer Lightsource BP. As per the deal, Brett Martin is now procuring renewable electricity from a solar installation funded […]

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Colbun Kickstarts its First 9MW Solar Plant in Ovejeria

The solar park constituted of photovoltaic solar panels is company’s first solar power facility. The plant comprises 30,000 PV panels, each with watt tracker. Chile based Power Company, Colbun has started the commercial operations of its 9MW solar plant in Ovejeria. Further, the plant is made in 18 hectare land in the Tiltil commune of […]

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CLP India Fends off Aggressive Solar Power Bidding

India’s largest wind power player, CLP India is instead going to zero in on acquisitions of upcoming new energy projects. A wholly-owned subsidiary of Hong Kong based CLP Holdings, CLP India has claimed to stay away from the ongoing aggressive solar bidding. India’s largest wind power player, CLP India is instead going to zero in […]

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India Will Easily Attain 100 GW Solar Energy Target BY 2022: MNRE Minister  

National Institute of Solar Energy (NISE) has benchmarked the country’s solar capacity at 748 GW backing the solar energy target. In a written reply in Rajya Sabha, it was assured that India, with all comforts, will attain the 100 GW solar energy target by 2022 and has already installed solar energy capacity of 23.12 GW […]

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Indonesian Government to Regulate Selling of Solar Power to PLN

Government Regulations on Rooftop Solar PV drafted by Indonesian Energy and Mineral Resources Ministry (EMR) includes setting of power selling capacity to maximum of 90 percent. As a part of relief to the domestic solar power generators, Indonesian Government is soon going to issue regulations regarding the rooftop solar pv systems in order to allow […]

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