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Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA

Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement […]

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Cabinet Okays Continuation of Off-grid, Decentralised Solar PV Applications Programme

The total project of the 3 components included under the phase-III is Rs 1,895 crore of which Rs 637 crore will be provided as central financial assistance. The government has provided its consent for implementing phase-III of off-grid and decentralized solar PV application programme to achieve additional 118 MWp (Mega Watt peak) off-grid solar PV […]

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Union Cabinet Nods for 3 lakh Solar Street Lights in NE States, Maoist Affected Areas

Prasad said that 3,00,000 solar street lights will be installed throughout the country with special emphasis on areas where there is no facility for street lighting systems through grid power, northeastern states, and Maoist-affected districts. In order to light up the streets of northeastern states and Maoist affected districts, the Union Cabinet on Wednesday has […]

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JinkoSolar US Arm Inks 1.43 GW Solar Panel Supply Pact with sPower

The deal includes significant down payments, which will help Jinko expand its manufacturing capacity in the United States and Asia. One of the leading PV modules supplier JinkoSolar Holding’s US subsidiary has signed a three-year deal to supply 1.43 GW of high-efficiency modules to sPower. sPower is the leading renewable energy independent power producer (IPP). […]

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Cabinet approves Continuation of Off-grid and Decentralised Solar PV Applications Programme – Phase III

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for implementation of Phase-Ill of Off-grid and Decentralised Solar PV (Photo Voltaic) Application Programme to achieve additional 118 MWp(Mega Watt peak) off-grid solar PV capacity by 2020. Phase-Ill of Off-grid and Decentralised Solar PV Application Programme covers […]

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World Saw Largest Rise in Renewable Energy Capacity in 2017: Report

Both energy demand and energy-related carbon dioxide emissions rose substantially for the first time in four years. In the power sector, the transition to renewables is underway but is progressing more slowly than is possible or desirable. The global power generating capacity has seen an exceptional rise in 2017 and the main source of the […]

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Chandigarh’s Total Solarification Faces Multiple Hurdles

The installation of solar power plants on the rooftops was made mandatory for all non-residential a well as residential buildings whose area around them is 1 Kanal and above, and the deadline for installation was set 17 May 2018 but was later extended by six months. Although it was made mandatory by the Chandigarh Administration […]

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MahaMetro to Save Rs 12 Cr on Power Bills by Going Solar

The cost of solar power per unit is Rs 3.58 whereas the MSEDCL supplies it for Rs 9.67 per unit. On top of the three metro stations, the MahaMetro has started installing solar panels that will supply power to stations. In order to save charges on its power bills, MahaMetro will supply solar power to […]

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