Solar Market

DISCOMs Flouting Solar’s ‘Must Run’ Status: Mercom Capital

Mercom Capital Group in its latest report “India Solar Quarterly Market Update,” has revealed that power deficit numbers in India do not paint the full picture. The report states that even if Central Electricity Authority’s (CEA) reports touts low power deficit and surplus situation, large populations in India are still living without electricity and power cuts […]

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Schneider Electric names Peter Herweck as Executive Vice President and Member of the Executive Committee

Schneider Electric is appointing Peter Herweck as Executive Vice President of the Industry Business and Member of the Executive Committee. Peter, 50- began his career at Mitsubishi Electric as a software development engineer in Japan before joining Siemens in 1993, where he held a variety of positions in the automation and drives field in Germany […]

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Indian companies dominating the domestic solar market: Report

Home grown companies are taking hold of domestic solar PV market reports consultancy firm Bridge to India in its ‘India Solar Map 2016”. According to the map with 460 MW capacity commissioned in the last year, Adani ranks number 1 amongst project developers followed by Acme and Welspun. Interestingly First Solar and SunEdison are the […]

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BayWa Group acquires Australian PV distributor Solarmatrix

BayWa group has entered the solar module and component business in Australia acquiring photovoltaic distributor Solarmatrix based in the West Australian city of Perth. The activities of Solarmatrix will be continued with the company BayWa r.e. Solar Systems Pty Ltd. formed specifically for this purpose. “After entering the market in South East Asia a good […]

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Premier Solar Limited to expand solar PV module manufacturing capacity by 200MW

Hyderabad based solar PV installation solutions provider Premier Solar is reportedly gearing up to expand its solar PV module manufacturing capacity setting up additional capacity of 200 MW by the year-end. The company currently has an installed capacity of 100 MW for module manufacture and 50 MW for solar cell manufacture, at Dundigal, near Hyderabad. […]

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Solar Installations in India to Reach 4.8 GW in 2016: Mercom Capital

Mercom Capital Group in its quarterly update on the Indian solar market revealed that solar installation in India will reach 4.8GW in calendar year 2016. The solar project pipeline in India is now approximately 21 GW, with 14 GW under development and 7 GW scheduled to be auctioned. India has reached 2.8 GW in solar […]

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Ujaas Energy seeking for shareholders’ approval to raise Rs 500 crore

Ujaas Energy is looking for shareholders’ approval to raise Rs 500 crore through issuance of equity or equity-linked instruments. “It is proposed to raise funds of upto Rs 500 crore in one or more tranches through a mix of equity/equity-linked instruments..securities,” Ujaas Energy Ltd said in the notice of its annual general meeting, scheduled on […]

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Solar Energy Sector Has Immense Potential to Grow Within The Next Few Years: Hiten Parekh, Sr. Vice President at Waaree Energies Limited

Founded in 1989, WAAREE Energies Ltd is a flagship company of Waaree Group. The company has poised as a pioneer in the global solar energy space. To bring on context, the company flaunts India’s largest solar PV module manufacturing capacity of 500 MW. Waaree Energies is a broad presence across the solar value chain providing […]

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The banking system in India is not well developed compared to other countries: Gautam Mediratta, Manager-BD, Rays Power Infra.

RPIPL is one of the snowballing EPC Companies of India. The company leverages Consulting-Engineering-Contracting-Commissioning services with practicing expertise in the renewable power plant and transmission industry. Gautam Mediratta, Manager-BD, Rays Power Infra takes us inside the Industry’s temporal lobe. What is stopping us from building a Truly Massive solar power plant in India when this […]

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