Delhi has already turned into a “gas chamber” and many other Indian cities aren’t much better. Quality of life is being compromised nationwide by oppressive levels of air pollution. Meanwhile, the imbalance of payments caused by expensive oil imports has caused the rupee to descend to record levels. Yet this Read more…
The drop in renewable energy tariffs in India is one of the true success stories of the last few years. From around ₹10-12/kWh in 2010, solar tariffs have come down to ₹2.5-3/kWh. Wind tariffs have fallen from ₹4.5-5/kWh to a similar range as solar. There is no longer any doubt that renewables are Read more…
The country’s total solar power generation capacity, including 3.85 gigawatt (GW) rooftops, stood at 28.05 GW while 17.65 GW was under implementation as on December 31, 2018, according to a report by Bridge To India (BTI). The quarterly market report, titled ‘India Solar Compass Q4 2018’, gives a detailed analysis of Read more…
Global energy transition is on a fast track and India is not far behind. India’s absolute commitment towards carbon neutral economy is well appreciated. Prime Minister Narendra Modi is one of the biggest supporters of expanding green and sustainable sources of energy, thereby mitigating risks of damaging the environment. With Read more…
For the past one year, the solar industry has been focusing more on rooftop solar development. An increasing number of states are reforming their net metering regulations. In Uttar Pradesh and Himachal Pradesh, new net metering regulations have been proposed. In April 2018, the Central Electricity Authority issued a draft Read more…
The Cabinet Committee on Economic Affairs (CCEA) approved Rs 8,580 crore for solar power projects developed under the second phase of the Central Public Sector Undertaking (CPSU) scheme, which is expected to add 12 gigawatt (GW) capacity to the power grid between 2019-20 and 2022-23. With this, the long-standing ‘import Read more…
India’s solar EPC company Sterling and Wilson, a part of Shapoorji Pallonji Group, has emerged as the second largest utility solar scale EPC players in the global market after market leader China’s TBEA Co, according to the latest IHS Markit‘s Solar EPC and O&M Provider Tracker report. “Sterling and Wilson Read more…
Private equity investor Actis LLP has scrapped its plan to buy the solar assets of debt-laden Essel Infraprojects Ltd, two people aware of the development said. Subhash Chandra-promoted Essel Infra has now initiated talks with ACME Solar Holdings Ltd to sell the same solar energy assets, said the first of the two persons Read more…
Developers who won solar projects just before safeguard duty on solar panels and modules was imposed on July 30 last year have been greatly relieved by an order passed by Maharashtra’s power regulator on Friday, maintaining that such duty amounted to a “change of law” and that developers should be Read more…
Chandigarh: Making way for more solar power generation in the city, Chandigarh Renewal Energy and Science and Technology Promotion Society (Crest), under the aegis of the environment department of Chandigarh administration, will install rooftop solar panels in 300 government residences of different categories. Under the project, which is estimated to Read more…