India

RK Singh Announces $350 Million Fund to Finance Solar Projects

The Minister said that that ISA shall help mobilize sufficient funds for solar energy projects. “India has one of the fastest growing Renewable Energy programmes in the World and the country would achieve its target of 175 GW of installed Renewable Energy capacity well before 2020,” Singh said. RK Singh, Minister of State for Power […]

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Luminous Steps into the Stabilizer Business, Launches Toughx Range

By adding stabilizer to its portfolio, Luminous has further extended its promise of powering happy homes and making sure that your appliances are safeguarded, no matter what is the voltage situation. Luminous Power Technologies, power backup solutions provider and inverter manufacturer has decided to foray into the Stabilizer industry with its ToughX range of offerings. […]

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Center Should Resolve Issues Pertaining To Policy: Vikram Solar CEO

Vikram Solar had closed 2014-15 with a turnover of 623 crores, 910 crore in 2015-16 and 1,659 crores in 2016-17. This shows a compounded annual growth rate of 54 percent over the past five years. In order to boost the solar energy sector growth, the central government should step up and take valuable decisions to […]

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Solar Projects: Yes Bank to Mobilise USD 1 Billion by 2023 for Clean Energy

Yes Bank made at the the announcement at the International Solar Alliance (ISA) conference organised at World Future Energy Summit 2018 in Abu Dhabi. In a significant development, Yes Bank, India’s fifth largest private sector bank, said it will mobilise USD 1 billion by 2023 for financing solar energy projects in India. The announcement was […]

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Uttar Pradesh Government Allows Industry to Choose Power Discom

The permission to take power from a source other than the existing distribution company will be granted by the Uttar Pradesh power transmission corporation limited and the respective discom. Ahead of the investor meet, the Uttar Pradesh government offered yet another sop to industries by giving them the option to take power from the power […]

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70 percent Safeguards Duty on Solar to Put Rs 12,000 Crore Ventures in Danger

The Ministry of Finance, through its Standing Board of Safeguards, will take an ultimate choice on the burden of defending the duty either on the temporary or the last proposals of the Directorate General of Safeguards. Imposing 70 percent of safeguard duty on imported solar panels and modules from China and Malaysia, as suggested by […]

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Cheap Chinese Imports Push Out Local Solar Players

Aside from a couple of enormous players, for example, Tata Power Solar, solar thermal makers are generally in the little or medium scale section and give around one lakh occupations. The National Solar Mission may have set an objective of 20 million m2 (meter square) solar thermal limit with ‘Make in India’ boards, however the […]

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Gujarat University Will Save Rs 1.4 Crore by Using Solar Energy

University has already installed 312 kilowatts while we are in the process of installing solar panel for another 652 kilowatts at other faculties of the campus. M S University’s Faculty of Technology and Engineering (FTE) has turned into the principal grounds in the college where solar rooftop venture has been actualized. In a relationship with […]

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