Solar Capacity

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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Six Flags Entertainment to Create Largest Solar Carport in North America

The company has also plans for a nearly 7-megawatt system at Discovery Kingdom in Vallejo. As part of its green initiative, the US-based theme park company, Six Flags Entertainment Corporation is planning to boost solar capacity at two of its California parks, including Magic Mountain. Six Flags in partnership with JLL, a global professional services […]

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African Development Bank Grants $265M Loan for Two Solar Power Plants

The bank has committed $265 million for Morocco where two solar power plants named NOORM I and NOORM II with a combined capacity of 800MW The African Development Bank (AFDB) has approved $324 million loan for two renewable energy projects in Africa. The Bank has set aside US$265 million for two solar power plants named […]

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India Needs to Ramp up Solar Capacity to Achieve 100GW Target By 2022

India will need to significantly ramp up the pace of solar capacity additions by 10,000 MW this fiscal and over 15,000 MW per year to meet the 2022 target of 1,00,000 MW (100GW), which the government set up in 2014. India will need to add over 15,000 MW solar capacity every year to achieve the […]

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India’s solar capacity to hit 20GW mark in next 15 months: Piyush Goyal

“India could not have completely focused on Making in India’ in the last three years as being in the nascent stage, its solar power sector needed technological and financial boost from abroad to rapidly expand its horizons,” The installed solar power capacity in India is expected to double from 10GW to 20GW in next 15 […]

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Solar Parks in India: Scope, Status, Achievement, and Challenges

India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy. The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing India’s energy security challenge. The Government of India’s ambitious plan to add 100 GW of solar capacity by 2022 […]

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Govt likely to announce incentives to boost manufacturing of solar panels

Government may announce inducements in the upcoming Budget to boost manufacturing of solar panels and achieve its objective of establishing 100 gigawatts of solar capacity by 2022. So far, solar t Finance minister Arun Jaitley may announce incentives, such as Viability Gap Funding (VGF) to help sprout manufacturing plants in the country and vow long-term […]

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Maharashtra, UP gets Tough Solar Targets for 2022

The MNRE has recently handed over red-letters to solar-friendly states underlining targets and deadline for renewable energy generation and absorption. The letter pronounces Maharashtra and Uttar Pradesh into the challenging solar energy targets by 2022, asserting Maharashtra to increase 30 times solar capacity to its existing 378.7 MW generating 11,926 MW. UP also has a […]

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