The net billing system proposed by MSEDCL would have made solar rooftop unviable and had been opposed by all consumers including Maharashtra Solar Manufacturers Association (MASMA). Some aspects of the new regulations are in favour of MSEDCL. The cost of net meter and renewable energy meter used to be borne Read more…
The solar energy sector continues to add significantly higher new capacity when compared with other renewable sources as also the conventional power segments. During the nine-month period ended December 31, the renewable energy sector has added 5,002 MW of new capacity, of which the solar segment alone accounted for 3,560 Read more…
The government on Wednesday gave its nod to a proposal for setting up 12,000 MW grid-connected solar photovoltaic (PV) power projects with an estimated viability gap funding of Rs 8,580 crore. The decision was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi, Law Read more…
The Cabinet Committee on Economic Affairs (CCEA) has approved a Rs. 8,580-crore scheme under which companies owned by the Central Government will set up 12,000 MW of solar power plants over the next four years using India-made solar modules. This is to provide a boost to local solar module manufacturing Read more…
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…
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…
Bharat Heavy Electricals Limited (BHEL) has won an order for setting up 129 MW Solar Photovoltaic (SPV) power plants in Telangana from Singareni Collieries Company Limited. Significantly, valued at Rs.565 Crore, this is the largest SPV power plant order won by BHEL till date. The plants are to be set Read more…
The growth of our society is dependent on energy. And, since we have built our world using limited fossil fuel reserves, continuously shrinking reserves have created scarcity for energy, and given rise to energy cost. Currently, more than 1 billion people live without electricity and continuous fossil fuel generation has 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…