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Azure Power installs 10MW rooftop solar PV project in Mohali, Punjab

Azure Power has installed a 10MW rooftop solar PV project in Mohali, Punjab. The 10 MW solar rooftop project is spread across eight locations in the state. Power produced by the solar plant will be sold to Punjab State Power Corporation Limited under 25-year power purchase agreement (PPA) at a tariff of Rs. 7.59/kWh. The […]

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Solar Power Tariffs expected to drop to as low as INR 3.50 a unit in 3 years

Solar power tariffs in India, which fell below Rs. 5 per unit since last November, are once again expected to sink further as the industry doubles volumes every year and the cost of producing power continues to drop. A report published in the Mint mentions that that tariffs will fall to as low as 3.5 […]

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SolarWorld launches 1,500-Volt Solar Panel

One of the largest crystalline-silicon solar manufacturers in the Americas, SolarWorld has announced the launch of 1,500-volt solar panel. The company will exhibit the new 72-cell XL product at SolarWorld’s Booth 7411 at Intersolar North America from July 12 to 14 in San Francisco. Compared to standard 1,000-volt solar panels, the 1,500-volt technology enables installers to increase lengths of […]

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Solar Park in India: Scope, Status, Achievement, and Challenges

India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy.  The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing India’s energy security challenge. The Government of India’s ambitious plan to add 100 GW of solar capacity by 2022 […]

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India to double its investment in next 5 years on clean energy research

Union Minister for Science & Technology and Earth Sciences, Dr. Harsh Vardhan at the 7th Clean Energy Ministerial (CEM7) and the Inaugural Mission Innovation Meet at San Francisco, stated that the Mission Innovation (MI) is the noblest mission which will help humanity in the future. It is an effort to accelerate public and private global […]

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Global solar PV market is expected to reach USD 3.38 billion by 2024: Grand View Research

Grand View Research anticipates the global solar PV glass market to reach $3.38 billion by 2024. According to the research firm increasing solar PV installations will remain a key driving factor for global solar PV glass market over the forecast period. The favorable regulatory norms across the globe are expected to promote the usage of solar PV panels […]

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Canadian Solar closes a USD 52 million project financing facility with BayernLB

Canadian Solar announces that it has closed a £36.4 million (US$52 million) project financing facility with BayernLB to refinance a portfolio of four solar power plants, totaling 40.2 megawatts in the UK. This financing facility with BayernLB is non-recourse project finance, with a term of 17 years. “We are delighted to complete this project financing […]

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World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program

The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […]

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