Solar Capacity

HNPCL Acquires Mumbai-Based Solar Firm for Rs 1,000 Cr

Last year Andhra Pradesh-based thermal energy company, HNPCL, had initiated talks to purchase Kiran Energy, which is having an operational portfolio of around 85 MW now. Hinduja Group flagship firm Hinduja National Power Corporation Ltd (HNPCL) has acquired Mumbai-based Kiran Energy Solar Power for about Rs 1,000 crore, as revealed by the two sources close […]

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Dominion Energy Virginia Ranks Among Top 10 US Utility Solar Companies

Dominion Energy has been ranked based on its addition of 247 MW of solar generation during 2017. American power and energy firm, Dominion Energy Virginia has been ranked among the nation’s top 10 utility solar companies by the Smart Electric Power Alliance (SEPA). SEPA is a non-profit organization dedicated to working with electric power stakeholders. Dominion Energy […]

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America’s Top Cos Solar Investment Surge in Record Amount, says SEIA Report

Large corporations have found that going solar not only benefits the environment, but also their bottom-line, satisfying both shareholders and customers alike, said Abigail Ross Hopper. Highlighting America’s leading corporate solar installers, the Solar Energy Industries Association (SEIA) in its report ‘Solar Means Business 2017’ said that America’s top companies are investing in solar in […]

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India’s Solar Capacity Addition Likely to Drop by 40 Percent in 2018-19: ICRA

Between April 2017 to February 2018 the country has added around 7.2 Gw solar capacity to its kitty. It is highly likely that India’s solar power capacity addition will drop by 40 per cent to a range between 4 Gigawatt (GW) and 4.5 Gw in the 2018-19, thanks to the recent slowdown in the tendering and project […]

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World’s New Power Generation Banking on Sunshine

The United Nations Environment report indicated that the solar energy has dominated global investment in new power generation like never before in 2017. The world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology – renewable, fossil fuel or nuclear. Climbing investment Solar power attracted […]

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India’s Solar Additions Slowed by GST, Duty on China Imports, says UN Report

Developing economies, comprising India, China and Brazil, committed USD 177 billion to renewables last year, up 20%, compared to USD 103 billion for developed countries, down 19%, the report added. A UN report has said that the imposition of anti-dumping and safeguard duties on import of Chinese solar cells and modules and levy of Goods […]

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Amplus Signs Rs 2,700 cr Solar Energy Deal with Andhra, Maharashtra

The rooftop solar energy company has signed an MoU with Andhra Pradesh government to install 200 MW solar capacity with investment of Rs 1,200 crore. Gurgaon-based Amplus Energy Solutions Pvt. Ltd has inked a pct with the state governments of Maharashtra and Andhra Pradesh  to build solar projects with an investment of Rs 2,700 crore. The rooftop […]

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