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solar power project

Indian Solar Capacity to Hit 20GW by FY 2017-18

According to a report released by consulting firm Bridge to India, India is expected to reach an installed solar capacity of 20 gigawatts by the end of the present financial year (2017-18). This was the initial target under the National Solar Mission for March 2022, which was later updated to 100 gigawatts. The current utility […]

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Global concentrated solar power market to reach USD 8.92 billion by 2025: Research and Markets

Research and Markets in its new report predicts the global concentrated solar power market to reach USD 8.92 billion by 2025. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling the market growth. Increasing clean energy adoption over non-renewable fuels is expected to drive the global concentrated […]

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Tata Power Renewable Energy Completes 30 MW Solar Plant in Maharashtra

With the acquisition of Welspun Renewables Energy Pvt. Ltd., TPREL’s portfolio has grown to 2.2GW. Tata Power Renewable Energy Ltd (TPREL), a subsidiary of private power manufacturer Tata Power has commissioned 30 Megawatt (MW) solar power plant at Satara in Maharashtra. Tata Power Renewable Energy mentioned in its statement that the plant will produce over 62 million kilowatt hour […]

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Tata Power Delhi Distribution and GIZ Sign MoU for Renewable Energy

The Memorandum of Understanding includes Tata Power and GIZ to work jointly for the achievement of common goals and utility objectives related to promotion of grid-connected solar rooftop PV, energy storage system, electric vehicle and smart grid initiatives. Tata Power Delhi Distribution, India’s leading power distribution company and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have […]

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Indian Solar Power Market Witnesses Change in Demand-Supply Landscape

Lack of visibility over project pipeline is forcing solar power developers to bid aggressive tariffs and reconsider strategic options including consolidation. The Indian solar power market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of […]

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Scatec Solar Closes Financing for 400MW Solar PV Plant in Egypt

The six solar PV projects totaling 400MW involving a total investment of USD 450 million are located in the Benban solar park in Aswan in Upper Egypt. Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions […]

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Power Minister Singh Asks NISE Scientists to Work on Demonstrative Projects

Addressing scientists, research staff and other guests during the event, Singh said the NISE should aim to establish itself as the world’s leading institute in solar energy through its world-class R&D. Power Minster R K Singh has called upon the National Institute of Solar Energy (NISE) to work with farm and dairy wings of the […]

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Power Minister chairs the 4th Foundation Day celebrations of National Institute of Solar Energy, Gurugram

Union Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, presided over the 4th Foundation Day celebrations of National Institute of Solar Energy (NISE), at its campus in Gurugram, Haryana today. While addressing scientists, research staff and other guests during the event,Shri Singh said thatNISE should aim to establish […]

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