New Delhi: India is considering a new tender to develop solar power equipment manufacturing that doesn’t include a requirement to also generate electricity, a move aimed at sparking investor interest, according to people with knowledge of the plan. In addition to separating manufacturing of solar cells and modules from generation, the Read more…
New Delhi: Covid-19 is expected to deliver a big blow to the power sector as distribution companies have stopped payments to power producers as state electricity departments are not taking coercive actions to recover bills from consumers. This has put a question mark on recovery of payments from the current Read more…
BENGALURU: Solar tariffs increased to Rs 2.61 per unit compared with Rs 2.50 per unit in the last auction conducted in February. Vena Energy, Juniper Energy and Tata Power won 40MW, 190MW and 120MW at tariffs of Rs 2.61, Rs 2.63 and Rs 2.64 per unit, respectively in an auction conducted by Read more…
Quality certification and standards for grid-connected rooftop solar PV systems are essential for the successful mass-scale implementation (in-order to achieve 40 GW of rooftop solar target under ‘National Solar Mission’ programme) of this technology. It is also imperative to put in place an efficient and rigorous monitoring mechanism, adherence to Read more…
The Government has approved launch of new scheme for farmers for installation of solar pumps and grid connected solar power plants, with an objective of providing financial and water security to farmers. The scheme consists of three components: Component-A: 10,000 MW of Decentralized Ground Mounted Grid Connected Renewable Power Plants. Read more…
Ministry of New and renewable Energy (MNRE) has drawn a scheme to set up number of solar parks across various states in the country, each with a capacity of Solar Projects generally above 500 MW. The Scheme proposes to provide financial support by Government of India to establish solar parks Read more…
The Indian solar sector has shown incredible growth trajectory. The industry doubled its solar capacity in the last few years (5 GW in 2015, 10 GW in 2016, and ~16.6 GW in 2017), which is really very inspiring considering the country lacks enhanced industrial infrastructure that China, the US, and Read more…
Recently, the Ministry of New and Renewable Energy (MNRE), Government of India, had stressed to strengthen India’s manufacturing capabilities. For this MNRE released a concept note to upgrade country’s solar manufacturing supply chain. In this concept note, MNRE proposed to reduce dependency on foreign imports and create demands for local Read more…
BEIJING: China will halt subsidies for new offshore wind power and concentrated solar power (CSP) projects and adopt a green certificate quota trading scheme from next year, the country’s Ministry of Finance said. The move comes as China, whose renewable power installations make up about 41 per cent of total 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…