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India Received $3.2 Bn of FDI in Renewable energy in Last Three Years

In the first three months of the current financial year (2018-19), Rs 452 crore of FDI had already flown in, power minister R K Singh said. India has received Foreign Direct Investment worth $3,217 million in the renewable energy sector over the last three years from April 2015 to June 2018. According to data from the […]

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3,217 Million US$ received as FDI in Renewable Energy Sector

Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […]

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KERC Sets New Generic Tariff for Solar Rooftop Projects

The generic tariff without capital subsidy is set at Rs 4.15 and Rs 3.08 with capital subsidy and will be applicable on PPAs signed after December 19, 2018. The Karnataka Electricity Regulatory Commission in its latest order has set the generic tariff for grid connected solar rooftop units which are installed by domestic users in […]

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Viz-A-Viz with Vishal Amin, Director (Solar Division), Lubi Electronics

Q. Please tell us something about Lubi Solar including the vision behind its formation and its current role in the market. Lubi Solar is a division of Lubi Industries, a premier name in pumping industry. We at LUBI believe in the concept of continuous improvement by adopting new and progressive technology in our existing products […]

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Promotion of Solar Energy

The Ministry of New and Renewable Energy (MNRE) has been implementing various schemes in the country, including in Madhya Pradesh, to promote solar energy. The names of the schemes are as under: i. Development of Solar Parks and Ultra Mega Solar Power Projects. Scheme for setting up 1000 MW of Grid-Connected Solar PV Power Projects […]

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AB InBev and Lighthouse BP Clinch Deal for 100 MW Solar Power Plant

With a capacity of 100 MW, the deal is claimed to be the largest ever unsubsidised solar deal in the history of UK. From 2020, Budweiser, the British brewed beer manufactured by AB InBev, will be created using solar energy. Lightsource BP has signed a deal with AB InBev for developing and operating subsidy free […]

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Shell Acquires 49% Stake in Cleantech Solar

This investment will be Shell’s second major solar investment this year, giving Shell an immediate path to an established commercial and industrial platform in Southeast Asia. Cleantech Solar, a leading developer of commercial solar energy systems in Southeast Asia and India has announced that Shell has signed an agreement to acquire a 49% stake in […]

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Wintery Breath Clouding The Sunny Solar Sky!

Winter has already approached and the month of December is also knocking our doors. Before we plan for Christmas and New Year holidays, I reckon, this is the perfect time to look back on the past one year journey of our solar industry and do some analysis on it. This New Year not only brews […]

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Tender Issued for Installation of Solar PV System in Haryana

The last date for the submission of bid is January 3, 2019, and the time allotted to finish the projects is 60 days from the date of issuance of award. Electrical division of Haryana has issued three separate tenders for the installation of solar PV systems at various locations in the state. The last date […]

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