Tags: Vinay Rustagi

One Rupee Increase in Tariffs in Latest Solar Auction

The latest solar auction for 1000 MW held by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) saw the winning tariffs at Rs 3.48-3.55 per unit. From the record low of Rs 2.44 per unit, the solar power tariffs have risen by more than one rupee in the latest auction. Those from the industry say […]

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India’s Utility Solar Capacity Grows 72% in 2017-18, says Bridge To India Report

The total solar installation was 10.4 GW, the rest comprising rooftop solar plants and off-grid solutions, taking India’s cumulative solar capacity to 24.4 GW, it said. Solar consultancy firm Bridge To India in its latest annual report on the sector said that India’s utility solar capacity grew by a whopping 72 percent in FY18 as […]

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India Installs 1861 MW Solar Power, Maharashtra Leads From the Front

Maharashtra, has overtaken Tamil Nadu to become the largest solar rooftop state in India says the Bridge to India report. Renewable energy consultancy firm Bridge to India in its latest edition of its infographic report, ‘India Solar Rooftop Map’ has said India added new rooftop solar power capacity of 840 MW in the last 12 […]

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Trina to Invest $500 Million in Indian Solar Industry

The company has purchased a land near Visakhapatnam to set up a manufacturing plant to produce solar cells and module of capacity of more than 1GW in 2015.   The world’s largest solar panel developer, Trina Solar is vying to pump in $500 million of investments in India if the profits are in favor. The […]

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Tata Power Solar Leads in EPC Rooftop Business for Four Years in a Row

Tata Power Solar installed nearly 140 MW of solar rooftop projects and 605 MW of utility scale projects within the year. Tata Power Solar, India’s largest integrated solar player,has been ranked #1 EPC rooftop solar player in the recently published India Solar Rooftop report 2017by BRIDGE TO INDIA, a leading cleantech consulting and knowledge services […]

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Solar Power Tariffs expected to drop to as low as INR 3.50 a unit in 3 years

Solar power tariffs in India, which fell below Rs. 5 per unit since last November, are once again expected to sink further as the industry doubles volumes every year and the cost of producing power continues to drop. A report published in the Mint mentions that that tariffs will fall to as low as 3.5 […]

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U.P Solar Auction Goes to Adani Power and Azure Power

Adani Power and Azure Power have won the most recent auction for solar energy ventures with offers of Rs 4.78 per unit, which is higher than the previous month record (Rs 4.34 per unit). Prayatna Developers, a division of Adani Power and Azure Power have been assigned 50MW at the same cost. In the past […]

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