BSES, partner suggest bill-based financing of rooftop solar projects

BSES, partner suggest bill-based financing of rooftop solar projects

2018-07-03T15:40:13+00:00 On

Households owning rooftop solar systems could save up to 95 per cent on their electricity bills, according to an independent study by Council on Energy, Environment and Water (CEEW) and BSES Yamuna Power Limited . Solar system costs have declined by 27…

India meets solar mission target for FY18 thanks to year-end push

India meets solar mission target for FY18 thanks to year-end push

2018-06-13T13:11:01+00:00 On

India is likely to have met its target of adding 10,000 watt of solar power generation capacity in the year ended March 2018, thanks to a sudden spurt of installations during the final months of the year (Jan-Mar), going by numbers released…

BHEL wins its largest solar contract at 75 MW

BHEL wins its largest solar contract at 75 MW

2018-03-26T11:34:26+00:00 On

Industrial equipment maker Bharat Heavy Electricals Ltd said it won its biggest ever solar power plant contract to set up a 75 megawatt farm in Gujarat. The order from Gujarat Industries Power Company Limited (GIPCL) was won against “stiff competitive bidding,” the…

Suzlon completes execution of solar orders; to focus on solar+wind hybrid farms

Suzlon completes execution of solar orders; to focus on solar+wind hybrid farms

2018-03-15T16:52:32+00:00 On

Suzlon Energy, one of the pioneers of wind power in India, said it has finished commissioning its entire solar order book of 340 megawatt, and will focus on hybrid solar-wind projects going forward. Out of the 340 MW erected, 210 MW was…

Coal, thermal power to benefit from introduction of ‘Time of Day’ tariffs in India

Coal, thermal power to benefit from introduction of ‘Time of Day’ tariffs in India

2018-02-13T15:19:09+00:00 On

In a move that is likely to benefit thermal power producers and coal manufacturers in India, power minister Raj Kumar Singh today said that efforts are being made to move towards ‘time of day’ tariff system to balance the interest of traditional…

SOLAR MISSION: It’s another nail-biter for India in 2017-18

SOLAR MISSION: It’s another nail-biter for India in 2017-18

2017-12-28T13:20:54+00:00 On

India faces steep odds in its race to meet its solar power addition targets for the current year. Last year, the country had added only 5.53 GW of incremental solar power capacity against a target of 6 GW. This year, the target…

Reliance Capital to get Rs 300 cr from IREDA for lending to renewable sector

Reliance Capital to get Rs 300 cr from IREDA for lending to renewable sector

2017-10-09T11:46:51+00:00 On

Anil Ambani Group’s Reliance Capital Indian Renewable Energy Development Agency Limited (IREDA) will make available Rs 300 cr for lending to renewable energy and energy efficiency projects. IREDA is a Government of India Enterprise under the administrative control of Ministry of New…

Adani Enterprises to demerge and list solar business

Adani Enterprises to demerge and list solar business

2017-10-07T17:12:47+00:00 On

Adani Enterprises Limited said it will demerge Adani Green Energy Ltd by cancelling the shares it holds in the subsidiary and issuing new shares directly to the shareholders of the parent company. Shareholders will get 761 shares of the new company for…

Solar Power is a life saver in Chhattisgarh – Survey

Solar Power is a life saver in Chhattisgarh – Survey

2017-08-31T13:32:38+00:00 On

The solar energy revolution may be all about saving the environment, but for the Indian state of Chhattisgarh, it’s impact is more immediate, and life-saving. According to a first-of-its-kind study conducted on primary health centers in the state, PHCs with solar backup…

SLOW START: India adds 8.3% of 2017 target solar capacity in three months

SLOW START: India adds 8.3% of 2017 target solar capacity in three months

2017-07-20T13:28:57+00:00 On

India added only 827 megawatt of solar power generation capacity in the first three months of the current financial year, indicating a slow start to the yearly program. The addition of the first three months represents only 8.27% of the 10,000 megawatt…

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

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

2017-06-07T15:04:28+00:00 On

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…

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

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

2017-03-20T13:57:10+00:00 On

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…

Solar power output up 75% this year, but still only 1% of total

Solar power output up 75% this year, but still only 1% of total

2017-03-23T13:02:52+00:00 On

Production of electricity from solar power is all set to rise 75% this year, while that from wind is on track to rise 51%, according to the latest numbers available with the ministry of new and renewable resources, government of India. Despite…

Chhattisgarh leads as India uses solar to take power to villages

Chhattisgarh leads as India uses solar to take power to villages

2017-03-09T11:27:14+00:00 On

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’…

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

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

2017-03-09T11:27:13+00:00 On

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%…