In Rajasthan solar power tariff go as low as Rs 4.34 a unit

In the bidding for solar projects totalling 420 MW in Rajasthan under the National Solar Mission, the winning solar power tariff bid touched a new low of Rs 4.34 per unit, entered by Finnish solar power company Fortum Energy for a … Continue reading

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IFC helps to develop world’s largest single site solar project In India

India’s plans to implement ultra mega solar power projects have received a very major boost following a commitment from the International Finance Corporation (IFC), a member World Bank Group, to the Madhya Pradesh Government in order to develop the world’s … Continue reading

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4.8GW utility-scale solar to be installed in 2016

According to the latest market update, nearly 4.8 gigawatts of utility-scale solar capacity will be installed in India, in 2016, up 140% from 2GW in 2015, . Most of the new utility-scale solar projects will be installed in the southern … Continue reading

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India gets $1.5 Billion loan for Rooftop Solar Program

The Modi government is playing high on the rooftop solar systems and have received a much-needed boost even as the target of 40 GW installed rooftop solar power capacity by 2022 looks extremely ambitious. The Ministry of New & Renewable Energy … Continue reading

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500 MW Solar Power Tender Floated by SECI

Yet another tender for a solar plant of 500 megawatt capacity have been floated by Solar Energy Corporation of India as it looks to achieve the highly ambitious targets set by the government of India. The Solar Energy Corporation of … Continue reading

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Azure Power bags another 100 MW of solar projects

Azure Power, an Indian solar producer, has been awarded the right to build a 100 MW solar PV project in India at an auction held by Indian power generation company NTPC Limited. Held as part of India’s ambitious National Solar … Continue reading

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India: 6.5 GW of solar to be auctioned in next 3 months

The solar industry saw a boom this year after Mr. Narendra Modi took charge of the PM office. The Modi government set the bar at 150GW of renewable energy by year 2020, in which 100GW capacity would be generated through solar … Continue reading

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Andhra Pradesh Solar corp. sanctions 4,000 MW solar parks

Andhra Pradesh Solar Power Corporation Limited has achieved the distinction of sanctioning 4,000 MW of solar power generation parks under the Ministry of New and Renewable Energy. In doing so, it has been chosen as the best government nodal agency … Continue reading

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Vikram, Tata and Jakson win 260MW of EPC contracts in Rajasthan

Three separate developers have won 260MW of capacity on an engineering, procurement and construction (EPC) basis for a solar park in the Indian state of Rajasthan. India-based module manufacturer Vikram Solar won 2x65MW projects at INR 56.28 million/MW. Meanwhile EPC firm … Continue reading

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Azure Power win projects in 150MW Andhra Pradesh solar auction

Azure Power and Adani Group, two big developers in the Indian solar sector, won the 150MW capacity project available in Andhra Pradesh solar auction, which comes under the Domestic Content Requirement (DCR) category. PV firm Azure Power won two projects … Continue reading

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