Vikram Solar, one of India’s leading module manufacturers and prominent EPC solutions & rooftop solar providers, was awarded the “Customer Obsession Award for Active Customer Engagement” by CII at an event ceremony held in New Delhi. This recognition marks Vikram Solar’s third consecutive win at the CII Award for Customer Read more…
Lockdown due to COVID-19 to be treated as Force Majeure Ministry of New and Renewable Energy (MNRE) has said that the Renewable Energy implementing agencies may grant extension of time for RE projects, on account of lockdown due to COVID-19, equivalent to the period of lockdown and additional 30 (thirty) Read more…
Ministry of New &Renewable Energy(MNRE)has recently issued office memorandum extending the effective dates for implementation of Approved Lists of Models & Manufacturers (ALMM) for Solar PV modulesand Solar PV cells to 30th September 2020, which was earlier 31.03.2020, due to COVID-19 pandemic. With the objective of building energy security for the country and Read more…
Tuticorin Port Trust, Govts of M P and Odissa express keen interest Ministry initiates moves to attract investments by Firms shifting base from China Major Policy Changes brought in to incentivise the RE equipment manufacturing for domestic use and exports The Ministry of New and Renewable Energy(MNRE) has initiated action Read more…
NHPC, a CPSU under Union Ministry of Power successfully conducted the e-reverse Auction(ERA) on 16.04.2020 for the 2000 MW Grid Connected Solar PV Project to be set up anywhere in India. The auction was held in presence of Shri A.K Singh, CMD, NHPC and Shri Y.K. Chaubey, Director (Technical). In 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…
Before the Paris climate summit, India had pledged to increase its share of non-fossil fuels to 40% of the total power generation capacity by 2032. India has an ambitious plan to add 100 gigawatts (GW) of solar power by 2022. Keeping in mind India’s high import dependence and chronic energy Read more…
Mumbai: The country’s capacity addition in generating solar power will fall by 40% to about 4-4.5 GW in FY19 from about 7.5 GW in FY18, credit rating agency ICRA has estimated in a report, attributing this to fewer tenders by state governments and uncertainty in the industry over the impact of Read more…
India recently conducted two auctions for wind/solar hybrid projects. Both the auctions were under-subscribed, with bids totalling 1.56GW awarded to SB Energy, Adani Green Energy and ReNew Power, against a total of 2.4GW on offer. The discovered prices were marginally below the ceiling tariff of ₹2.70. Although the initial response from Read more…
MUMBAI : Essel Group will sell 205 megawatt (MW) of its operational solar energy assets to Adani Green Energy Ltd at an enterprise value of ₹1,300 crore, the two companies said. An Essel Group statement said the assets are in Punjab, Karnataka and Uttar Pradesh and have long-term power purchase agreements (PPAs) with various state-owned power Read more…