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70 percent Safeguards Duty on Solar to Put Rs 12,000 Crore Ventures in Danger

The Ministry of Finance, through its Standing Board of Safeguards, will take an ultimate choice on the burden of defending the duty either on the temporary or the last proposals of the Directorate General of Safeguards. Imposing 70 percent of safeguard duty on imported solar panels and modules from China and Malaysia, as suggested by […]

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J&K Govt Provides 91,000 Solar Lights to Households in Un-Electrified Villages

Minister for Social Welfare Sajjad Gani Lone said solar lights were provided under the Remote Village Electrification Programme. In a significant development, the Jammu and Kashmir government has distributed 91,000 solar home lights to the households in un-electrified villages in the state. Minister for Social Welfare Sajjad Gani Lone said the home lighting devices were […]

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Investing Renewables Infesting Fossils

Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […]

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Azure Power Commissions 100 MW Solar Power Plant

Azure Power chairman Inderpreet Wadhwa said Telangana’s continued reliance and faith in solar energy has successfully transformed it into one of the largest solar power producing States in the country.   Azure Power has commissioned a 100 MW solar power plant in Telangana. The project was auctioned by NTPC. Azure will supply power to NTPC […]

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Ensync Energy Sells PPA For 790-Kw Solar Project At Hawaii Residential Community

EnSync Energy’s modular technology approach also enables the residential complex to easily scale capacity in the future. EnSync Energy Systems, a developer of distributed energy resources (DERs), has announced the sale of a 20-year power purchase agreement (PPA) for a 792-kW solar project for a residential community in Hawaii to an undisclosed buyer. The project […]

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Egypt’s Solar Power Gets $102M Support from World Bank Agency

The Egyptian government is moving forward on a mega project that involves private sector companies building solar and wind plants under a FiT scheme. The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group has announced a guarantee of $102.6 million for the construction of six power plants in Egypt. The power […]

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Rs 2,800 Cr To be Invested in Madhya Pradesh Based Solar Park by IFC

Continues of the speculation by IFC will be utilized for the development, operation, and upkeep of the solar plant. In one of the greatest arrangements in the sustainable power source space, International Finance Corporation (IFC), some portion of World Bank gathering, is near contributing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar […]

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Azure Power Wins 200 MW in SECI Auction

Azure Power will sign a power purchase agreement with SECI to supply power at a tariff of INR 2.48 per kWh for 25 years Azure Power one of India’s leading independent solar power producers, announced it has won a 200 megawatt (MW) solar power project through an auction conducted by Solar Energy Corporation of India […]

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