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solar capacity

World’s New Power Generation Banking on Sunshine

The United Nations Environment report indicated that the solar energy has dominated global investment in new power generation like never before in 2017. The world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology – renewable, fossil fuel or nuclear. Climbing investment Solar power attracted […]

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Climbing Stairs: for Indian Rooftop Industry

India has diligently stepped-forward to ply across the cross roads of innovation. Today, India houses one of the biggest tech companies in the world has turned heads. But still, to all the innovations, India has been prolonging on the growing power demands. Not scathing 100 GigaWatt(GW) rather democratized dialogue on 40GW of rooftop seems to […]

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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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