Solar News

Solar Power Rate Touches Record Low

Auction for world’s biggest solar power park in Rewa saw per unit tariff coming down to as low as Rs 2.99 per unit. Solar power rate touched a record low in Madhya Pradesh with per unit tariff coming down to as low as Rs 2.99 per unit. Auction for world’s biggest solar power park in […]

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Telangana Mulls Setting up Solar Power Generation System atop Water Bodies

A French company is in negotiation with the Telangana government to set up solar power generation system atop water bodies. Telangana government is planning to set up solar power generation system on water bodies, special chief secretary of the state energy department, Ajay Mishra said. “A proposal has come to the department regarding producing solar […]

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Rewa Ultra Mega Solar Power Project Receives sub Rs 4 per Unit Bids

Rewa Ultra Mega Solar Power Project bidding process starts, receives the lowest bid of Rs 3.59 per unit Madhya Pradesh government’s Rewa ultra mega solar power park has received the lowest bid of Rs 3.59 per unit. The tariffs are set to reduce further as the reverse e-auction for the 750 MW solar power project […]

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Adani Appoints Jennifer Purdie as CEO for Renewable Energy Unit in Australia

Jennifer Purdie as the Chief Executive Officer will support the operations of Adani’s renewable energy business unit in Australia Indian energy giant Adani Group has appointed Jennifer Purdie as the Chief Executive Officer (CEO) for its renewable energy business unit in Australia in a bid to drive its plans to become the largest renewable energy […]

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Solar PV module market set to decline despite significant capacity addition by 2020 GlobalData Report

Emerging technologies, economies of scale and policies have triggered an increase in Solar PV module annual installed capacity to 69.86 GW by 2020 According to the report from research and consulting firm GlobalData, Solar PV module annual installed capacity was expected to increase gradually from 49.77 GW in 2015 to 69.86 GW by 2020, due […]

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India Looking at Solar Power Storage Technology from Belgium

NISE and Tiger Power of Belgium have signed MoU for validation of solar power storage technology to ensure steady power supply. India is looking at an innovative Belgian solar power storage technology that promises to offer consumers a source of quality power as a green and reliable alternative to flickering supply from battery storage or […]

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ReNew Power Raises $475 Million at Cheaper Cost

The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […]

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