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solar policy

Chiripal Group Proposes Solar Manufacturing Investment in MP

Gujarat based diversified industrial group Chiripal Group, which has existing interests in textiles, petrochemicals, education, polyfilms and financing, has proposed an investment of Rs 4600 crores in Madhya Pradesh, under MP’s industrial promotion policy. Our understanding is that all the plans involve Gigawatt plus scale of manufacturing. The news comes even as massive solar manufacturing […]

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GRIDCO Will Buy 200MW Solar Power from NTPC

Grid Corporation of Odisha (GRIDCO), a public sector undertaking of Odisha State Government has signed a Power Sale Agreement (PSA) with National Thermal Power Corporation (NTPC) in Bhubaneswar for the purchase of clean energy. The official statement of GRIDCO reads that under the Power Sale Agreement, GRIDCO will procure 200 MW of solar power at […]

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Maharashtra Postpones EV Policy Due to Inadequate Charging Ecosystem

An underdeveloped ecosystem is certain to prove to be an impediment in faster adoption of electric vehicles. In the present case, a resolution has been issued by the Environment Department of the Maharashtra Government aimed at implementing state’s Electric Vehicle Policy from April 2023 instead of April this year. The postponement of the EV Policy […]

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EU Will Increase Renewables Target: Timmermans, EU Climate Policy Chief

Eliminating its dependence on Russian oil and gas seems to have a guaranteed a strong runway for renewables growth in the European Union. EU climate policy head Frans Timmermans has said that more ambitious targets are being developed for the EU for faster transition to renewable sources of energy. The announcement by Timmermans comes even […]

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Solar resource variability in key global markets increases scrutiny on solar asset performance: Study

A ten-year analysis of solar irradiance released today by Solargis, a data and software architect for bankable solar investments,  has illustrated the impacts of significant resource variability on several key global solar markets including India, Australia and North America. As margins tighten for solar asset owners and investors, investment in high-quality data is crucial to understanding […]

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Rajasthan HC dismisses PIL against land allotment to solar companies

Rajasthan High Court has dismissed a PIL protesting land allotment to solar companies in Fatehgarh area and imposed a penalty of Rs 50,000 on the petitioners. A division bench comprising Justice Vinod Bharvani and Justice Sandeep Mehta issued an order on March 31 and dismissed the PIL and directed the petitioners to deposit the penalty […]

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Thailand Counts on Crypto To Power One Million Farmlands With Solar

The Ministry of Agriculture and Cooperative of Thailand has announced plans to install solar power panels on at least one million of farms as a pilot project. With this move, the Ministry is targeting to reduce electricity bills of farmers by 20-30 per cent in next 15-20 years. Deputy Agriculture Minister Praphat Phothasuthon says that […]

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Himachal Government Hikes State Subsidy to Rs 6,000/kW for Rooftop Solar

The state government of Himachal Pradesh has proposed to increase the subsidy for grid connected rooftop solar power installations in the state. The move is aimed to encourage the domestic players and households to adopt and install solar power systems. HIMURJA said that the subsidy will be increased from Rs 4,000 for every kilowatt to […]

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