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Canadian Solar Reports Third Quarter 2016 Results

Canadian Solar Inc., one of the world’s largest solar power companies, announced its financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights Total solar module shipments were 1,185 MW, of which 1,161 MW was recognized in revenue, compared to 1,290 MW recognized in revenue in the second quarter of 2016, and […]

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Need To Realize The Potential Of Solar Energy For Clean Future: Bojjala

Environment and Forests Minister, Bojjala Gopalakrishna at ‘Solar Biz’, a seminar organized by the Confederation of Indian Industry (CII) and AP-TDC on Friday emphasized on the need for realizing the full potential of solar energy to give clean environment to the next generation and avoid huge expenditure on fossil fuels. Speaking to The Hindu Reddy […]

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Indian Railways to install 5GW of solar by 2025 in partnership with UNDP: Report

Indian Railways is reportedly targeting to install 5GW of solar by 2025 in partnership with United Nations Development Programme (UNDP). PV Tech reports that Prodyut Mukherjee, national technical consultant, UNDP at his presentation at the International Conference on Decarbonisation of Indian Railways stated that the target will be realized using vacant Indian Railways land and […]

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Vikram Solar and Indian Institute of Engineering Science and Technology ink MoU for R&D

Vikram Solar on Wednesday announced that it has signed Memorandum of Understanding (MoU) with the Indian Institute of Engineering Science and Technology (IIEST). The announcement was made at the Rashtrapati Bhavan in the presence of President of India, Pranab Mukherjee at a Session on Industry-Academia Collaborations with CII. The agreement includes collaboration of both the organisations for the […]

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BUY or LEASE Your Solar panel system?

Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 – 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate […]

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Lightsource plans to invest Rs 6500 crores in India

UK-based Lightsource Renewable Energy will invest Rs 6500 crores over the next 2-3 years to set up 1000 MW solar energy projects in India. “The company is looking at developing 1000 MW of solar power projects entailing an investment of Rs 6,500 crore over the next 2-3 years,” Lightsource Renewable Energy Ltd Managing Director and […]

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Tata Power Solar honored with D&B Infra Awards 2016 for operational excellence in solar rooftop space

Tata Power Solar, India’s largest integrated solar company, won the ‘D&B Infra Awards 2016’ in the project based category for financial and operational excellence in commissioning 12 MW solar rooftop project for R.S.S.B. EDUCATIONAL & ENVIRONMENTAL SOCIETY (RSSB-EES). The awards presented by Dun & Bradstreet (DnB), into its 6th edition, felicitated 22 of India’s leading […]

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Lightsource dives into the Indian solar market

UK’s largest solar energy generator Lightsource Renewable Energy has dived into the Indian solar market and reportedly spearheading massive investment in solar segment in the country. Early this year in September the company bagged 50 MW solar project out of 450MW tendered in Maharashtra. Lightsource recently in a statement said that it is looking to […]

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Maharashtra introduces feeder-based solar energy scheme for agriculture sector

Maharashtra’s Chief Minister Devendra Fadnavis has said that the state government has come up with a scheme to ensure smooth power supply to the agriculture sector for 12 hours a day through feeder-based solar energy. He further mentioned that so far, 10000 solar agricultural pumps have been set up across the state, and 16 renowned […]

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