Modi government approves Rs 5,000 crore for solar rooftop

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved scaling up of budget from Rs 600 crore to Rs 5,000 crore for implementation of Grid Connected Solar Rooftop systems over a period of five years upto 2019-20 … Continue reading

Posted in Financing, Rooftop Solar, Solar News, Solar Policy Updates | Tagged , , , , , , , , , | Comments Off

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

Posted in Projects - Bids & Allocations, Solar News | Tagged , , , , , , , | Comments Off

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

Posted in Solar News | Tagged , , , , , , , | Comments Off

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

Posted in Projects, Solar News | Tagged , , , , | Comments Off

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

Posted in Others, Projects - Bids & Allocations, Solar News | Tagged , , , , , , , , , | Comments Off

Solar Energy is the future : PM Modi

Addressing an event where PM Narendra Modi flagged off an electric bus, gifted by the Road Transport and Highways Ministry to Lok Sabha Speaker Sumitra Mahajan, to ferry MPs at Parliament, Mr. Modi today said there is a need to harness solar … Continue reading

Posted in Solar News | Tagged , , , , , | Comments Off

SunEdison expects good returns from India’s cheapest solar power project

In spite of having secured the rights to develop a 500 MW solar power project at the lowest-ever tariff in India, global renewable energy project developer SunEdison is confident of healthy returns from the project. SunEdison successfully bid for the … Continue reading

Posted in Projects, Solar News | Tagged , , , , , | Comments Off

Modi launches International Solar Alliance at COP21

India launched an international solar alliance, officially know as International Agency for Solar Policy and Application (INSPA) at the CoP21 Climate Conference here on Monday, with an announcement by Prime Minister Modi that the revolution in the field would bring … Continue reading

Posted in Solar News | Tagged , , , , , , | Comments Off

PM Modi to launch International Solar Alliance at COP21

Prime Minister Narendra Modi will be launching an International Solar Alliance on the first day of the Paris climate summit (COP21). Recently Laurent Fabius, the French foreign minister, accompanied by Laurence Tubiana, the ambassador for climate change negotiations and special … Continue reading

Posted in Solar News | Tagged , , , , , , | Comments Off

PM Modi invites China to be part of solar alliance

Ahead of the crucial Paris climate talks, Prime Minister Narendra Modi on Saturday invited China to join the International Solar Alliance proposed by India. Modi extended the invitation to China during a meeting with his Chinese counterpart Li Keqiang on … Continue reading

Posted in Solar News | Tagged , , , , | Comments Off