Shimla, Himachal Pradesh has been able to tap only about 10 percent of its solar power potential, the Comptroller and Auditor General of India (CAG). Against an estimated solar power potential of 33,000 MW, only 3.29 MW was installed till March 2015.The state-run Himachal Pradesh Energy Development Agency failed to estimate the total solar potential.
Six companies won bids to set up solar power projects of 500 megawatts (MW) capacity at a solar park in Karnataka. NTPC quoted tariffs in the range of Rs.4.78-4.80 per unit in an auction.
Debt-laden solar developer SunEdison will shift from total equity ownership model of solar farm development in India and take minority equity partners for over 750 MW of solar and wind projects it will develop over the next two years at a cost of Rs 4,950 crore ($750 million) in the country.
ReNew Power Ventures Private Limited, India’s leading solar and wind energy Company, on March 31, 2016 became the first company to cross an installed capacity of 1 GW
Delhi International Airport (P) Ltd (DIAL) said Tuesday it has successfully increased the installed photovoltaic (PV) capacity at the Indira Gandhi International Airport (IGIA) to 7.84 MW and that it now plans to reach 20 MW by 2020.
Santosh Kumar, Director, Department of the Science and Technology, and CEO, Chandigarh Renewal Energy Science and Technology Promotion Society (CREST), said they were going to launch a software, which would work as a single window for all clearances needed before installing solar power plant.
The funding will help ACME complete solar power projects that are under development across various states in India.
RattanIndia Solar arm Yarrow Infrastructure Ltd has won solar power project of 50 MW capacity at a tariffs of Rs 4.78 per unit in reverse e-auction conducted by NTPC Ltd.
Enpee Group’s RenewSys India Pvt Ltd is increasing its photovoltaic modules production capacity significantly to meet the rapidly developing demand from its OEM customers within and outside India.
In a move that could hit Chinese goods, India is planning to restrict import of "inferior" quality solar products. The ministry is looking to impose quality standards on all the
As per industry reports, SkyPower Global, which won contracts to set up plants of 150 MW in Madhya Pradesh last July, is looking to offload equity in the project and may subsequently exit, industry executives and analysts said.
Solargise India Pvt Ltd, officially launched its commercial operations today in New Delhi. Aligning with the National Solar Mission, Solargise intends to build over 2 GW of
40 Banks & Non-Banking Financial Companies (NBFCs) have sanctioned an amount of Rs. 71,201.54 crore to finance the various renewable energy projects and disbursed Rs.