PTC may Invite Dollar Denominated Bids for Solar Power

Power trading company PTC India Ltd is planning to call for dollar based bids from solar project developers on behalf of the ministry of new and renewable energy (MNRE). This move comes in the wake of government’s plan to push solar electricity … Continue reading

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Solar projects may be scrapped by states of India due to import duties

Imposition of duties on solar equipment imports have caused a threat to almost 3500 MW of planned and contracted projects, ACME has stated. State governments in Punjab, Uttar Pradesh and Tamil Nadu alone could cancel agreements for 1,500 megawatts of … Continue reading

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Puducherry soon to be a solar city

The Renewable Energy Agency of Puducherry (REAP) is spearheading an initiative to make Puducherry  a ‘solar city.’ The plan has been approved by  the Ministry of New and Renewable Energy. The initiative is at present being given shape brick-by-brick, or rather panel-by-solar … Continue reading

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PSU’s join hands to set up world’s largest 4000MW solar power plant in Rajasthan

Six public sector undertakings, including state-run Bharat Heavy Electricals Limited (BHEL) and Power Grid Corporation of India Limited (PGCIL) announced joining hands to set up world’s largest 4,000 MW ultra mega solar power project in Rajasthan. Read more here.

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Commercial solar powered car designed by students from Manipal Institute of Technology

8 students from Manipal Institute of Technology have designed a commercial solar powered car ‘SolarMobil’ , which they took to the Solar Con exhibition. They came to the exhibition to search for the best possible technology to enhance their commercial solar car. … Continue reading

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With 608.5 MW of total solar installed capacity Rajasthan becomes the second Indian state to surpass 500 MW solar installation

Rajasthan becomes the second state in India to have an operational solar power capacity of over 500 MW. By June 30, 2013 the total solar capacity of Rajasthan reached 608.5 MW. In 2012, Gujarat achieved this milestone with its aggressive … Continue reading

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Indian state of Gujarat plans a 1GW solar power plant

With renewable energy the in thing nowadays, the state government is exploring the possibility of setting up a 1,000 MW solar power project. The government has initiated talks with International Finance Corporation (IFC), a World Bank arm, seeking its support … Continue reading

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Solar Power Projects in India and International Financing

Solar Power is booming worldwide and India aims to be one of the largest player in the Asian Solar market along with China and Japan. With the ambitious National and State programs on Solar, India is expected to have a … Continue reading

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Banks, Venture Capital and other financial sources funding Solar Power Projects in India

Financing has been a major hurdle in the Indian Solar market, where uncertainty over finance is delaying projects and hampering innovation. Projects under the competitive bidding process of National Solar Mission and other State Solar Missions like the Rajasthan Solar … Continue reading

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