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CleanMax Solar Bags FT, IFC Transformational Business Awards 2018

The company was shortlisted out of the 189 entries received from across 126 countries, thus making CleanMax Solar the first Indian company to win this award in a category with Tata Motors at their Sanand facility in Gujarat. In the Transformational Business Award 2018, CleanMax Solar, a sustainability partner for India’s leading corporates, has won […]

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Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA

Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement […]

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India Won’t Impose Safeguard Duty on Imported Solar Equipment

The decision had different effects on solar players in the country. On the one hand it had delighted manufacturers while as on the other hand it alarmed developers about the steep rise in input costs. Overruling the directorate general of safeguards’ recommendation of 70% levy on imported solar equipment, the government has reversed the decision […]

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Solar Street Lighting Market to Grow at Brisk Pace for Few Years: Research

The governments of many countries such as India, China, and the US have made stringent regulations and schemes such as feed in tariffs and quota based renewable portfolio standards (RPS), or promotion of renewable sources of energy such as solar, wind power and others. A recent market research from P&S Market Research has showed that […]

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Solar-based WAAS Model Can Improve Access to Affordable Irrigation: Report

A study by CEEW has found that half of the 1,600 farmers surveyed across the state expressed dissatisfaction due to depleting water tables and high expenditure on diesel. With multiple problems farmers facing in the country including reducing water table and high expenditure on diesel to run their pumps to irrigate their lands, the Council […]

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Viz-A-Viz with Manoj Kumar Upadhyay, Founder and Chairman | ACME Group

Q. As Madras High Court has dismissed the petition filed against levy of safeguard duty on import of solar modules and cells, how you will deal with the challenges in present scenario? Solar power capacity addition is sensitive to solar tariff. Recent study by KPMG also underscores this fact that at a tariff of Rs.3.0 […]

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Viz-A-Viz with Sujoy Ghosh, Country Head, First Solar, India

Q. Higher Energy Yield. Lower LCOE. Superior Return – This is your mantra for Series 6 Modules. Can you please justify the above statement in detail? The First Solar Series 6 module leverages the same proven semi-conductor (CdTe) and the manufacturing process, with a larger form factor. The module size is 1.2X 2 Mtrs with […]

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SB Energy Wins 200 MW Auction in Karnataka

The only competitor in the bidding of new projects was Tata Power Renewable Energy. Tata’s bid for the projects was Rs 2.83 per unit, which is one paisa more than that of SB Energy. Auctioned by Solar Energy Corporation of India (SECI), SB Energy has bagged entire 200 MW of solar projects at a tariff […]

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India May Not Achieve 100 GW Target by 2022: Report

The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […]

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