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solar power projects

BUY or LEASE Your Solar panel system?

Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 – 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate […]

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Why EPC are Treading in the Solar Race?

Solar has taken the momentum with a cumulative installed grid connected solar power capacity reaching 8,062 MW (8.1 GW) as of 31 July 2016. The ecosystem seems stable as analyst asserts that the solar market in India is set to clan the billion-dollar space. Not much appalling on the WTO setback, Indian Solar manufacturing capabilities […]

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OPIC, ReNew Power enters into an agreement for 100 MW solar project in Telangana

U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has signed an agreement with ReNew of approximately $74 million for a 100 MW solar project in Telangana. Announced during the 22nd session of the United Nations Framework Convention on Climate Change Conference of Parties (COP22), this project is expected to diversify the country’s power […]

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Tata Power Solar honored with D&B Infra Awards 2016 for operational excellence in solar rooftop space

Tata Power Solar, India’s largest integrated solar company, won the ‘D&B Infra Awards 2016’ in the project based category for financial and operational excellence in commissioning 12 MW solar rooftop project for R.S.S.B. EDUCATIONAL & ENVIRONMENTAL SOCIETY (RSSB-EES). The awards presented by Dun & Bradstreet (DnB), into its 6th edition, felicitated 22 of India’s leading […]

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Etrion to Sell Italian Solar Portfolio to Ultor

Etrion Corporation has signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Under the agreement Ultor will purchasing Etrion’s 60-megawatt (“MW”) Italian solar portfolio for initial cash consideration of Euro 78 million and the assumption of related project-level debt […]

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Telangana’s total solar power generation capacity touches 3800 MW

Telangana has so far commissioned 3800 MW of solar power and 100 MW of wind power. “The State has so far commissioned 3,800 MW of solar power. The solar policy of the state has been widely received and there was tremendous response to the tenders floated for 2500 MW solar power. “So far, 100 MW […]

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ReneSola to sell 26MW of Solar Projects in the UK to a European investor

ReneSola Ltd has announced that it has signed agreements to sell its six utility-scale projects in the United Kingdom to a European investor. These projects have a combined capacity of approximately 26 MW. The six utility-scale projects powered by company’s Virtus II modules are located in Carlam Hill Farm, North Wales, and Monmouthshire. All of […]

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Adani’s solar module to cost 10-12% more than imported version: Report

Solar modules and solar photovoltaic cells from the house of Adani Group developed under Make in India initiative will reportedly cost higher. Jayant Parimal-Renewable Energy Business CEO, Adani Group speaking to ET said Solar modules and solar photovoltaic cells will be 10-12% higher than the imported versions available in the market. Early this year in […]

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Thermax and FRENELL bags contract for Asia’s first integrated solar thermal power plant from NTPC

Thermax and FRENELL (through its wholly owned subsidiary Novatec Solar Espana, S.L) has bagged contract for Asia’s first integrated solar thermal power plant project at Dadri in Uttar Pradesh from NTPC. The project involves the integration of a concentrated solar field into the Dadri coal fired power station and is expected to be completed by […]

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