National Solar Mission

Renewable Energy Plans of NTPC Making Our Job Harder

Recently reports stated that India’s largest state owned electricity generator NTPC is gearing up to become the biggest renewable energy company in the next 10 years. It seems that this report did not go well down the esophagus of the renewable energy Industry. Vinay Kumar, COO at Greenko on professional networking site said that “these […]

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Indian Banks edgy, as Solar Companies fails to deliver

What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […]

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Govt. upbeats Solar Power Generation to 48GW by 2019

Eyeing the indigenous growing solar reputation, the government is aiming to extend the solar power generation capacity to 48GW by early 2019, giving an early deed to the promising 100 GW National Solar Mission chalked by 2022. Latest projections from The Ministry of New and Renewable Energy (MNRE), has benchmarked a target generating 48GW grid […]

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SolaireDirect bags 75MW solar power project in Uttar Pradesh

French multinational electric utility company ENGIE through its subsidiary Solairedirect has won a 75 MW solar power project in Uttar Pradesh. The firm has quoted viability gap funding (VGF) of Rs.7.435 million/MW. Last week Solar Energy Corporation of India (SECI) awarded a 50MW project to Indian conglomerate RattanIndia Power in Allahabad, Uttar Pradesh with VGF […]

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MNRE benchmarks Cost for Solar equipment to induce efficient energy

The Ministry of New and Renewable Energy has proposed an upward revision of the benchmark cost of the Concentrating Solar Thermal (CST) Technologies Programme to spur efficient energy in the country. According to the changes, the benchmark cost will be related to performance efficiency in design and manufacturing of solar thermal power systems so that […]

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US Companies Waiting for a Moment to Enter Indian Solar Market

US Exim Bank announced that, several American Companies are looking for a moment in India’s renewable energy segment and are eager to engage in the National Solar Mission, recently. ‘We are working with various renewable energy organizations in the US and they are hoping to expand their business here,’ said Fred P Hochberg, Chairman of […]

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