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solar capacity

ISA, India ink Host Country Pact; ISA now Juridical Personality

The move will give ISA a juridical personality and gives it power to contract, to acquire and dispose off movable and immovable properties, to institute and defend legal proceedings. The International Solar Alliance (ISA) and the External Affairs Ministry of India has signed the ‘Host Country Agreement’ in New Delhi. The move will give ISA […]

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Budget 2018 is Favorable for Power Sector & Saubhagya will Boost Demand

The vulnerability over the inconvenience of duty – import duty, shield obligation and hostile to dumping duty – including courses of events and their quantum proceeds for the solar energy sector. The Union Budget for 2018-19 is probably going to have a generally positive effect on the power aspect with the push towards extending power […]

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Year End Review 2017 –MNRE

Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […]

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Waaree Energies Limited Raises Rs 100 crore From Centrum Financial Services Limited

Centrum Group, controlled by ex-Standard Chartered top leader, Jaspal Bindra, made the investment through its non-banking finance arm. The integrated solar power solutions company, Waaree Energies Limited raised Rs 100 crore  from Centrum Financial Services Limited for helping the Mumbai-based alternate energy equipments firm’s capacity expansion through a structured financing deal. Founded in 1989 and headquartered […]

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INDIA Marches Ahead

As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […]

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Sinacon PV Central Inverters Launched in India by Siemens India

A solar PV inverter converts the variable direct current (DC) output of a photovoltaic solar panel into a utility frequency alternating current (AC).  Siemens India launched with Sinacon PV a new generation of photovoltaic (PV) central inverters with an output up to 5,000 kVA. The inverter is part of the Siemens new electrical Balance of […]

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More Than 7.5MW of Projects are Installed By Gurugram’s Ultimate Sun Systems in Haryana

The company is also targeting to have expertise in conceiving, developing, and installing solar power plants for 25 new corporate clients in Haryana. Ultimate Sun Systems has now installed more than 7.5MW of Solar capacity projects in the developing state of Haryana in the FY 2016-2017.The benchmark has been by installing successful projects like a […]

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Modi Govt to Step Beyond Renewable Goal With China-Scale Tenders

With renewable energy targets second only to those set by the government of China, India has a long way to go from a current base of 60 gigawatts to reach its ambition of 175 gigawatts in five years. In a bid to fulfill Prime Minister Narendra Modi’s climate pledges, India announced that it will tender […]

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PERSPECTIVE

The government of India has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far. The Indian solar market added 1,869 MW in the second quarter of 2017, bringing installations in the first half of the year to 4,765 […]

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