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IREDA to sell 14 cr shares in IPO to help meet India’s renewable targets

The central government has okayed the listing of India's premier renewable energy agency, IREDA, via an initial public offer.The move will help the non-banking finance company "increase its equity base which will help them raise more debt resources for funding renewable energy projects," the government said.IREDA supports the non-traditional energy

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Can’t block imports of cheap chinese solar panels – Nirmala Seetharaman

The government of India said it cannot seek to slow down imports of solar power generation equipment from China as it has to watch out for the interests of Indian consumers as much as those of Indian industrialists.Responding to questions from the opposition in Lok Sabha on why India was not taking

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Chhattisgarh leads as India uses solar to take power to villages

The central Indian state of Chhattisgarh has come out as a leader in India's quest to take electricity to remote villages where grid-based power cannot be supplied due to economical reasons.The state accounts for 550 of the 852 'decentralized distributed generation' schemes set up with central assistance so far, according

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At 4.5¢ per unit, solar achieves grid parity in India with coal power

About a week ago, India witnessed an event that environmentalists in India, and perhaps many across the world, have been waiting for -- the achievement of grid parity between solar and coal in India.India depends on coal for meeting about 75% of its power needs. The country accounts for about

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India may miss national solar mission target for 2016-17

After having met its solar power installation target for last financial year with relative ease, India could end up missing its target for the year ending March 2017.India had around 6 GW of installed solar power generation capacity at the end of March 2016, and by this year, it was

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Mumbai’s Viviana Mall installs India’s largest rooftop solar plant

Viviana Mall in Mumbai has installed one of the largest single-site solar plants in India.The mall, located in Thane, has constructed a 900,000 volt-ampere rooftop solar power plant, which the company said was the biggest in India.900,000 volt-ampere refers to the peak capacity of the power plant. It implies that

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Adani Group commissions India’s largest tracker solar plant

Infrastructure company Adani Enterprises Ltd said it commissioned India's largest tracker-based solar power plant at Bhatinda in Punjab.The 100 megawatt plant is also the largest solar project in Punjab.Tracker plants are those with motorized panels that keep tracking the sun as it moves across the sky. Compared to fixed panels, tracking

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Wonderla Hyderabad waterpark installs 500 kW solar plant

Wonderla amusement park had set up a solar plant with an installed capacity of 500kW at it´s newly opened unit in Hyderabad.The installed solar plant will generate 2000 units of power daily and it is expected cater to 25 percent of Wonderla's daily power requirement. The capacity can be enhanced

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Jain Irrigation unit to supply €18.7 mn solar-powered irrigation system to Eritrea

NaanDanJain Irrigation Ltd., a producer and provider of tailor-made irrigation solutions company, said it entered into an agreement worth 18.7 million Euros with Ministry of Agriculture and National Development, Eritrea, for the supply and installation of solar-powered drip irrigation systems.NaanDanJain irrigation Ltd is a wholly owned subsidiary of Jain irrigation

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ABB India doubles solar inverter manufacturing capacity in Bengaluru

ABB India, a power and automation technology company, inaugurated a new solar inverter manufacturing facility at Nelamanagala in Bengaluru, said the company.The facility is set to double the solar inverter manufacturing capacity of the company to 2GW in a span of five months, added the company.ABB inverters manufactured at  Nelamanagala help

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India’s National Solar Mission gets off to a jump start, to exceed target this year

India is set to nearly double its solar power generation capacity in the ongoing financial year and comfortably exceed its target of adding 1.8 GW of extra capacity during the year.According to numbers obtained from various government sources, the country is all set to end the current financial year with a total solar power

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Govt to raise benchmark costs for concentrating solar thermal projects in India

The Ministry of New and Renewable Energy (MNRE), proposes an upward revision of the benchmark cost of Concentrating Solar Thermal (CST) Technologies Programme.The proposed revision in the benchmark will also accommodate increase in the cost of various components of CST systems, the government said.UPDATE: There is some confusion about whether

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India approves €1 bln German solar power program to combat global warming

The Indian Cabinet has approved a proposal by Germany -- one of the pioneers in developing solar power in the world -- to provide concessional loans of around 1 bln euro to develop the renewable energy source in the country.India has an ambitious, almost impossible, target of achieving 175 gigawatt

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