SUBSCRIBE NEWS LETTER

solar power

Target set for rooftop solar by 2022 is ‘Unrealistic’: Parliamentary Panel

The panel further said the Centre should give the scheme a “serious relook”, else, it will derail the target achievement of the National Solar Mission. A Parliamentary panel on Tuesday said that 40 GW target for rooftop solar by 2022 is “unrealistic” and it needs to be “reconsidered” reports PTI. “The Committee feels that the […]

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IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore

IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […]

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CleanMax Solar Eyes 40 Percent Revenue from Overseas Business in Three Years

While CleanMax Solar continue to grow in India in the rooftop and open access solar power segment, we are pursuing growth in international markets mainly the Middle East and South-East Asia. We are currently looking at the UAE market and soon we will spread our presence in the other countries. Looking to tap the growing […]

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Andhra Pradesh and Rajasthan Leaves Tamil Nadu Behind in Installed Solar Capacity

Statistics show only 630 MW of solar power was installed in Tamil Nadu in 2016-17 against 919.24 MW in 2015-16. Unlike Andhra Pradesh, which acquires land for solar parks, Tamil Nadu leaves developers the land acquisition responsibility, which takes time. Ministry of new and renewable energy data, released in the Lok Sabha, shows that at […]

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Azure Power Assigned Highest Accreditation Rating by ICRA

While assigning the rating ICRA considered Azure Power’s strong track record of project execution, its well qualified and experienced management, technical competence, quality of suppliers and ties-up, and strong financial profile. Azure Power, a leading independent solar power producer in India, has been assigned SP 1A rating by ICRA, one of India’s leading rating agencies. […]

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Premier Solar’s 200 MW Solar Facility to be Inaugurated in Telangana

Premier Solar is expanding its manufacturing capacity by adding a state-of-the-art fully automatic 200 MW solar module manufacturing facility, and Telangana IT and Industries Minister KT Rama Rao is expected to inaugurate the facility. Premier Solar, an end-to-end solar solution provider has said that Telangana IT and Industries Minister KT Rama Rao is expected to […]

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World Bank Loan for Solar Projects

World Bank financing of USD 100 Million for development of internal infrastructure of solar parks has been planned by Indian Renewable Energy Development Agency Ltd. (IREDA) under the aegis of Ministry of New & Renewable Energy. The World Bank loan is proposed to flow to the interested Solar Power Park Developers (SPPDs) through IREDA. This […]

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Jaipur Metro Rail’s Rooftop Solar Plant Project Hits Blockade

The approval for installation of Rooftop Solar Plant was received by the Centre, but the proposal failed to take off as permission was not received from the state government. The Jaipur Metro Rail Corporation’s (JMRC) plans to make its station energy self-sufficient by installing rooftop solar plant has hit a roadblock. Under the Central government’s […]

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