Solar Market

President Mukherjee Inaugurates the 44 Kms Deoghar – Basukinath Solar Street Light Project

The initiatives launched such as Deoghar – Basukinath Solar Street Light Project; Software Technology Parks of India Centre; Employees State Insurance Corporation Hospital and Driver’s Training Centres will transform the employment landscape of this region.  The President of India, Pranab Mukherjee inaugurated the 44 Kms Deoghar – Basukinath Solar Street Light Project and laid the […]

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Chinese Scientists Developing All-Weather Solar Cells

Tang’s team and one led by Yang Peizhi, a professor with Yunnan Normal University, developed a solar cell using a crucial material called long persistent phosphor (LPP), which can store sunlight energy in the day and harvest it in darkness. A photovoltaic revolution is taking place with the emergence of new solar cells. Chinese scientists […]

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Mizoram becomes 27th State to join UDAY

Mizoram would derive an overall net benefit of approximately Rs.198 crores by opting to participate in UDAY The Government of India and the State of Mizoram signed a Memorandum of Understanding (MOU) under the scheme Ujwal DISCOM Assurance Yojana (UDAY) for operational improvement of the State’s Power Distribution Department. With the signing of MoU by Mizoram, the […]

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Railways join hands with BHEL for setting up of a roof top solar power plant in Patiala

Indian Railways Organization for Alternate Fuel (IROAF) signed an agreement with Bharat Heavy Electricals Ltd (BHEL) for constructing the 2MW roof top solar power plant under the government’s incentive scheme Railways has joined hands with power equipment maker BHEL for setting up of a roof top solar power plant in Patiala to meet the energy […]

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Cabinet approves MoU in the area of large-scale Grid Integration of Renewable Energy

The MoU envisages promoting information exchanges in the areas of Renewable Energy integration regulations and balancing using gas, storage, and demand-side approaches, energy imbalance markets The Union Cabinet chaired by the PM Narendra Modi has approved for signing of a Memorandum of Understanding (MoU) between Forum of Regulators (FOR) and the National Association of Regulatory Utility […]

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Solar capacity addition to reach up to 7.5 GW in FY18: ICRA

Solar capacity addition is expected to increase from 3.5-4 GW in FY17 to at least 7-7.5 GW (in grid connected utility segment) in FY18. Given the number of projects awarded under the National Solar Mission (NSM) and the state policy route in the past 12-18 months, solar capacity addition is expected to increase up to […]

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Banks are planning to cut funding to Rajasthan’s power distribution companies missing UDAY targets: Report

Rajasthan’s power distribution companies have not revised power tariffs as previously agreed which can affect the funding that they receive from banks under UDAY scheme Banks are reportedly planning to cut funding to Rajasthan’s power distribution companies (DISCOMS) which have missed financial targets set under the Ujjwal Discom Assurance Yojana (UDAY). Two bankers aware of […]

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Oriano Solar gets Rs 20 crore from Samridhi Fund

Rs. 20 crore fund from Samridhi Fund will be used by Oriano Solar to finance working capital requirements and expand 45-member team Mumbai-based startup Oriano Solar has raised series A funding worth Rs 20 crore from Samridhi Fund, which is managed by SIDBI Venture Capital Ltd, a wholly-owned subsidiary of Small Industries Development Bank of […]

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NTPC reportedly planning expansion of solar power generation capacity

NTPC planned to increase solar power generation capacity to 175 MW and make it commercially viable The NTPC is reportedly planning to expand solar power generation on the premises of its thermal plant at Kayamkulam. NTPC recently started power generation from India’s largest floating solar power plant at Kayamkulam in Kerala. NTPC planned to increase […]

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