Finnish state owned energy utility Fortum entered India by buying a 5 MW solar power plant during 2013 in Rajasthan. Looking to invest EUR 200-400 million now in India, Fortum’s global plan features India as the top priority market for solar power projects.
Delhi, which is ranked among the most polluted cities, is expected to get green power from Madhya Pradesh starting next year to run its Metro trains. Madhya Pradesh New and Renewable Energy Department are charting out the power purchase agreement to be signed between Delhi Metro Rail Corporation (DMRC) and developers of the world’s largest solar power plant of 750 MW coming up in the state’s Rewa district.
New Mangalore Port Trust (NMPT) has set up three roof-top solar systems that can generate 350 kW of power.
Mahindra Susten has sought the Madras High Court's intervention over Rs 46.19-crore dues from SunEdison India for work on a project. The petition has been filed against SunEdison Solar Power India, the Indian arm of SunEdison, the Netherlands-based SunE Solar, and Sunborne Energy.
Lapp India, a 100% subsidiary of the Lapp Group Germany and a leading supplier of integrated solutions and branded products in the field of cable and connection technology in India, has launched ÖLFLEX® FIRE Survival Cables for circuit integrity application in the event of fire.
Shri Piyush Goyal, Minister of State (IC) for Power, Coal and New & Renewable Energy felicitated 102 awardees at CST & Solar Cooker Excellence Awards- 2016 here today. Shri Goyal also released 9 knowledge documents collated by several experts to provide information on Concentrated Solar Thermal Technology (CST) on the occasion.
Su-Kam Power Systems announced the introduction of a solar street light that also incorporates a lithium ion battery, which means that the street light does not need to be connected to the grid, and can also function during power outages.
The Ministry of New & Renewable Energy (MNRE) is implementing a Programme on Off-Grid and Decentralized Solar Applications" for promoting use of solar power through solar home lights, solar street lights, power plants, solar pumps and mini micro grids to meet the energy requirements of the rural areas of the country.
The Union Cabinet today gave its approval for the utilization of 400 hectares of uncultivable farm land at the Central State Farm (CSF), Jetsar in Sri Ganganagar district of Rajasthan for setting up of a solar power plant of capacity exceeding 200 MW.
This optimism is based on the expectation that the Indian solar market will also grow at an impressive compounded annual growth rate (CAGR) of 45% per annum until 2022.
As a part of its corporate social responsibility; Waaree Energies started its special initiative to endorse education for all and announced its campaign ‘From Darkness to Light’- supplementing education for children in the lower strata ofthe society in the country.
One of India’s largest renewable energy project developers has acquired solar power companies to give its solar plans a major boost. Suzlon Energy has acquired 5 solar power companies which it may use as special purpose vehicles to execute under-development projects or bid for more projects in upcoming auctions.
U.S. solar company SunEdison’s bankruptcy filing will have a direct impact on its projects in India and will also make lenders more wary about financing projects in the sector.