India Solar

Azure Power Bags 260 MW Solar Power Project in Gujarat

The 260 MW allocation is the largest allocation by GUVNL to a solar power developer, 52% of the total allocated capacity of 500 MW announced. Azure Power will provide power for 25 years to GUVNL which has been rated AA- by ICRA, a Moody’s company, at a tariff of INR 2.67 (~US$ 0.04) per kWh. […]

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Indian Solar Sector Witnessed $1.6 Billion In Funding And M&A Transactions In Q1 2017: Mercom Capital

Mercom Capital in its report states that ReNew Power was the highest funded company raising VC (venture capital), debt and project funding during the quarter. Renewable Energy Minister Piyush Goyal recently informed Rajya Sabha that India has added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 […]

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India’s No.1 Solar PV Manufacturer Waaree Issues notice of Vishing Attempts, Alert Customers

Waaree issued a notice on its official website stating that some individual/entities pretending to be the representative of WAAREE is offering jobs in USA or other places and collecting fee from the candidates issuing offer letter on the false letter head. India’s No.1 solar PV manufacturer WAAREE yet again proved its responsibility towards its customers […]

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Jakson to install rooftop solar power plant at Rashtrapati Bhawan

Jakson Group today said it has secured a contract to install a rooftop solar plant of 508 kWp capacity at the Rashtrapati Bhawan. The company will be involved in designing, installation, commissioning and maintenance of the plant, Jakson Group said in a statement, adding that the project is expected to be commissioned by this year […]

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World Bank to grant additional 22.93 million dollars for solar projects in India

The World Bank has facilitated an additional grant of 22.93 million dollars to India to further increase the installed grid-connected rooftop solar photovoltaic (GRPV) programme in the country. The add-on grant of 22.93 million dollars has been sanctioned under the Global Environment Facility (GEF), and will support the overall $625 million GRPV programme approved by […]

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