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solar developers in india

Govt likely to announce incentives to boost manufacturing of solar panels

Government may announce inducements in the upcoming Budget to boost manufacturing of solar panels and achieve its objective of establishing 100 gigawatts of solar capacity by 2022. So far, solar t Finance minister Arun Jaitley may announce incentives, such as Viability Gap Funding (VGF) to help sprout manufacturing plants in the country and vow long-term […]

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SunEdison expands Solar Capacity in India aims at 10GW solar energy by 2022

After Sun Edison’s recent announcements to support the Make in India, the US-based renewable energy developer has announced an expansion of its installed capacity base in India. Earlier this month, the company disseminated that it has commissioned 146 MW of solar power capacity across three states in India. The company did not cite if these […]

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Solar Power Tariffs to witness Legitimate Fall – Study

Despite aggressive bidding, debt viability of projects with low execution and counterparty risks — especially those under the Jawaharlal Nehru National Solar Mission scheme and Solar Park scheme, is likely to remain intact,” said a recent report of India Ratings and Research, or Ind-Ra. Solar power tariffs—which hit a low of Rs 4.34 per unit […]

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US Companies Waiting for a Moment to Enter Indian Solar Market

US Exim Bank announced that, several American Companies are looking for a moment in India’s renewable energy segment and are eager to engage in the National Solar Mission, recently. ‘We are working with various renewable energy organizations in the US and they are hoping to expand their business here,’ said Fred P Hochberg, Chairman of […]

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U.P Solar Auction Goes to Adani Power and Azure Power

Adani Power and Azure Power have won the most recent auction for solar energy ventures with offers of Rs 4.78 per unit, which is higher than the previous month record (Rs 4.34 per unit). Prayatna Developers, a division of Adani Power and Azure Power have been assigned 50MW at the same cost. In the past […]

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DMRC Inks MoU with SECI To Augment Solar Venture

  The Delhi Metro Rail Corporation (DMRC) and the Solar Energy Corporation of India  (SECI) will now mutually work together on taking up an ‘off site’ solar power venture, to augment the utilization of renewable energy, alleviate the effect of standard increment in grid tariffs and to decrease the carbon foot prints. A Memorandum of […]

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The Desert State Utilizing Only 0.51% of its Solar Energy Potential- CAG Report

The most recent statement by the specialist, Comptroller and Auditor General (CAG) on Renewable Energy Division in India said that Rajasthan is using just 0.51 % of its sun powered energy potential. The report, which was composed in Parliament, recently states Rajasthan along with Gujarat has forged more than 50 per cent of the aggregate […]

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Solex To Launch TOPCon Production In 4 Months: Kalpesh Patel, MD

Gujarat-based solar module manufacturer Solex has planned to start the production of solar modules based on TOPCon technology in the next 3-4 months, the firm’s top management said. In a recent interaction with Saur Energy at Inter Solar-Ahmedabad, Kalpesh Patel, Joint Managing Director (MD) of Solex, said that the firm planned to try the new […]

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Waaree Renewable Technologies Expects A Likely Rise Of Orders From PSUs

Waaree Group’s EPC arm, Waaree Renewable Technologies Limited, is now anticipating a rise in opportunities for solar developers in India in the coming days. This is likely to see a transition of the order books of the developers, the top management opined in a recent investors call.  Dilip Panjwani, Chief Financial Officer (CFO) of Waaree […]

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