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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Ajmer airport to run on solar energy

The Airport Authority of India will generate 100MW power from solar energy to light up the under-construction Ajmer airport at Kishangarh. In this regard, the AAI’s technical team recently earmarked an area to install the solar cell plates recently. “The … Continue reading

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Investment in Solar market of India

As recently as a few months ago, the alternative energy targets announced by Indian prime minister Narendra Modi’s government in 2014 seemed wildly overambitious — even to solar electricity enthusiasts in the industry. But a surge of investment in solar … 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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SunEdison to invest $2 billion in solar, looks for Indian partner

Indian government launched “Make in India” initiative earlier this year and backing this initiative, the US-based renewables major SunEdison Inc is looking to invest up to $2 billion (Rs 13,200 crore) in the next one year in a polysilicon manufacturing facility … 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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MNRE update on Grid Connected Rooftop Power Plants

The notice is regarding Central Financial Assistance (CFA) of MNRE for installation of Grid Connected Rooftop Power Plants. The Ministry implemented a ‘Grid Connected Rooftop and Small Solar Power Plants Programme’ back in June, 2014, in which the solar rooftop … Continue reading

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