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solar power

NLC India to Build Solar Power Plants on Railway Land

Railways are going to tie up with NLC and have them put up solar power generation equipment at their investment. Neyveli Lignite Corporation has been tasked with setting up solar power plants on the vacant land of Railways. Addressing the World Mining Congress, Minister for Railways and Coal Piyush Goyal said, “The Railways are going […]

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New Delhi to Source 1GW Solar Power by 2019

Delhi currently sources around 100MW of its total power demand from solar power generation units through PTAs and net metering by users. By 2019, the capital city of India, New Delhi would have over 1000MW of clean energy, lessening the burden on fossil fuel, said power minister Satyendar Jain. Jain also mentioned that after six […]

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Government Buildings in Goa to be Solar Powered by 2018

Adopting solar power will help ease consumption levels and set an example for the rest of Goa. This will also reduce the power bill by 50%. Government buildings in Goa will adopt solar energy as a means to generate power by way of setting up rooftop solar plants by this financial year. “Government buildings in […]

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CleanMax Solar Installs Solar Power System at Dilli Haat in Pitampura

This rooftop solar power plant is expected to generate 1.97 lac units of electricity through the year. As part of the 2.5 MW contract secured with the Delhi Government’s power generation arm, Indraprastha Power Generation (IPGCL), CleanMax Solar has commissioned a 140 kWp solar plant at the food and craft bazaar, Dilli Haat in Pitampura. […]

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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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UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India

UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […]

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State Bank of India Floats Fund for Solar Power Projects

SBI has funded 43 rooftop solar power projects with the capacity of 475MW by availing line of credit from World Bank. State Bank of India has signed an agreement with seven companies for funding rooftop solar power projects. The seven companies include Adani Group, JSW Energy, Hinduja Renewables, Tata Renewables Energy, Azure Power, Cleantech Solar […]

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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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