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Indian market

NEXTracker, CleanMax Partners Eyes Big at Indian Solar Tracker Market

Extensive plans to foray into the Indian solar market, also partners with CleanMax for 30 MW grid-connected solar project Pinning the potential of trackers in the Indian solar industry, NEXTracker today shared a comprehensive overview on their current and future plans for India. The American single-axis major has also inked strategic partnership with CleanMax Solar […]

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Lightsource dives into the Indian solar market

UK’s largest solar energy generator Lightsource Renewable Energy has dived into the Indian solar market and reportedly spearheading massive investment in solar segment in the country. Early this year in September the company bagged 50 MW solar project out of 450MW tendered in Maharashtra. Lightsource recently in a statement said that it is looking to […]

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Intersolar India 2016: Dynamic expansion in the Indian Solar Market

The Indian solar market is experiencing strong growth, bringing it ever closer to the Indian government’s goal of increasing the installed photovoltaic (PV) capacity to 100 GW by 2022. Against the backdrop of this progress, Intersolar India was inaugurated in the Bombay Exhibition Center in Mumbai. Over 230 exhibitors presented their products, services and solutions […]

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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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U .S. and Indian solar market to grow at triple-digit rates: GTM Research

GTM Research in its recently released Q2 2016 Global Solar Demand Monitor predicts slowdown in several large markets – China, Japan and the U.K , while  two other key markets – the U.S. and India will grow at triple-digit rates. The company in its report citing an 11% reduction in feed-in tariff levels and high […]

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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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Indian Oil Okays ₹1,086 Cr Additional Investment In Terra Clean

Indian Oil Corporation Ltd has approved an additional equity investment of ₹1,086 crore in its wholly owned subsidiary Terra Clean Ltd to develop 4.3 GW of renewable energy capacity, the company said in a regulatory filing. The fresh investment supplements the ₹1,303.75 crore previously sanctioned for developing 1 GW of renewable capacity through Terra Clean, […]

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