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BUY or LEASE Your Solar panel system?

Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate []

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Why EPC are Treading in the Solar Race?

Solar has taken the momentum with a cumulative installed grid connected solar power capacity reaching 8,062 MW (8.1 GW) as of 31 July 2016. The ecosystem seems stable as analyst asserts that the solar market in India is set to clan the billion-dollar space. Not much appalling on the WTO setback, Indian Solar manufacturing capabilities []

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OPIC, ReNew Power enters into an agreement for 100 MW solar project in Telangana

U.S. Governments development finance institution, Overseas Private Investment Corporation (OPIC) has signed an agreement with ReNew of approximately $74 million for a 100 MW solar project in Telangana. Announced during the 22nd session of the United Nations Framework Convention on Climate Change Conference of Parties (COP22), this project is expected to diversify the countrys power []

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MSEDCL does not have solar net meter: Report

Its been more than a year now since the Maharashtra government passed rooftop solar policy; still the Discoms in the state doesnt have net meters claims a report. According to TOI, consumers in the state have to buy net meters from the open market paying from their pocket. Net metering is a billing mechanism, it []

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HT-SAAE HIGHWAY PV Modules Granted Triple IEC Standard certification

The HIGHWAY PV module products developed by Shanghai Aerospace Automobile Electromechanical Co., Ltd. (known as HT-SAAE) bagged the Triple IEC Standard certification that tests the reliability of PV module products released by TUV Rheinland. TUV Rheinland is a leading technical certification provider. HT-SAAE has earned many TUV certifications for the companys outstanding performance in different []

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8point3 Energy Partners to acquire First Solars 34 percent stake in its 300 MW Stateline solar project

8point3 Energy Partners has entered into an agreement to acquire First Solars 34 percent stake in its 300-megawatt (MW) Stateline solar project for USD 329.5 million. The project is expected to generate approximately $32 million in average annual pre-tax cash distributions and has a 20 year contract life. The transaction is expected to close on []

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Hybrid Solar Wind Market size is expected to reach USD 1.47 billion by 2024

Global Market Insights, Inc. in its latest report has revealed that hybrid Solar Wind market size will reach USD 1.47 billion by 2024. The research firm notes that decreasing wind and solar component cost associated with increasing clean fuel energy demand will drive the global hybrid solar wind market size. The component manufacturing cost has []

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Lightsource plans to invest Rs 6500 crores in India

UK-based Lightsource Renewable Energy will invest Rs 6500 crores over the next 2-3 years to set up 1000 MW solar energy projects in India. The company is looking at developing 1000 MW of solar power projects entailing an investment of Rs 6,500 crore over the next 2-3 years, Lightsource Renewable Energy Ltd Managing Director and []

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Tata Power Solar honored with D&B Infra Awards 2016 for operational excellence in solar rooftop space

Tata Power Solar, Indias largest integrated solar company, won the D&B Infra Awards 2016 in the project based category for financial and operational excellence in commissioning 12 MW solar rooftop project for R.S.S.B. EDUCATIONAL & ENVIRONMENTAL SOCIETY (RSSB-EES). The awards presented by Dun & Bradstreet (DnB), into its 6th edition, felicitated 22 of Indias leading []

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