The domestic solar panel manufacturing industry, which is battling competition from its Chinese counterpart, has seen a ray of hope with the latest announcement by the government. The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved 12 Gw of solar power projects to be set up by Central government-owned Read more…
The government has reduced the time allowed for commissioning and financial closure of solar power projects, a move that could accelerate the pace of renewable energy capacity addition in the country. This, however, could be a concern for project developers as pressure of acquisition of land and availability of transmission Read more…
While India remains one of the most attractive markets when it comes to renewable energy, the industry needs a better regulatory environment and clarity on policies, industry players argued at the CII partnership summit in Mumbai on Sunday. “I think renewables is one industry in India where you have tariff Read more…
Ladakh is known for its pristine natural beauty and mountains towering over vast swathes of desolate land, is set to add another feature to its fame- the world’s largest single-location solar photo-voltaic plant. Some 200 km to the south in Kargil, another mega project will join forces to light up Read more…
With the government putting in major thrust on solar energy, coupled with its huge local market and strong manufacturing capabilities, India is poised to become a global leader for solar energy products and in innovations in solar technology. According to a market report of GOGLA, India is the single-largest market Read more…
India’s bid to protect its solar-equipment makers by imposing a safeguard duty on cheap, Chinese imports has failed, according to domestic manufacturers, who are campaigning for tougher measures. The country last year imposed a 25% tariff on solar cells and modules imported from China and Malaysia for two years. That Read more…
Wind power developers in Gujarat have got two months time from the Solar Energy Corporation of India (SECI) to do financial closure of their proposed projects. This comes as a relief for projects worth 1,700 MW that were facing a penalty of ₹10,000 per MW per day for delays in financial Read more…
Vikram Solar, a Kolkata-based solar PV module manufacturer and EPC solutions and rooftop solar provider, has bagged a contract from National Thermal Power Corporation Ltd (NTPC) to install a 140 MW solar plant in Bilhaur, Kanpur, UP. The contract is a first part of planned 225 MW installation in the Read more…
The 25% safeguard duty imposed on imported solar components, meant to support domestic manufacturers, has not done cell producers any good, although module makers have fared better. “We’ve got zero orders since the duty became applicable,” said the chief executive of a solar cell company, requesting anonymity. “Our factory is Read more…
The ambitious plan would help Indian Railways source about 10% of its electrical energy from renewables. As part of the Go Green Initiative, Indian Railways has already installed about 71.19 MW of rooftop PV at railways stations and service buildings. Wind turbines with a capacity of 36.5 MW have also Read more…