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AISIA rues lack of support from govt, domestic developers for solar manufacturers

Solar manufacturers have highlighted the lack of support from the government and the domestic developers, according to a press note shared by the All India Solar Industries Association (AISIA), the domestic solar manufacturers association, on Wednesday. It added that even though the government has announced several policies to support the players, domestic solar manufacturing continues […]

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PLI Battery Scheme Has 10 Bidders. Reliance, L&T, Amara Raja Bid

Bids from 10 companies have been received for the government’s PLI Battery scheme, or ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’. Seen as a key initiative to ensure 50 GWh of ACC battery storage manufacturing capacity in the country. The Rs 18, 400 Lucas-TVS, Exide Indcrore production-linked incentive (PLI) scheme for advanced chemistry […]

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Solar Manufacturer Premier Energies Raises INR 200 crore Private Equity

Premier Energies, a leading Solar PV Cells & Module manufacturing company, today announced a Private Equity investment of Rs 200 crores in the company by GEF Capital Partners, a global private equity manager focused on investing in climate solutions. Premier Energies will use the funds as growth capital to enhance its solar PV cell and […]

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Could KUSUM Deliver Crucial GW’s to Solar Target for 2022

India’s solar capacity target of 100 GW installations by 2022, which has been hit by multiple blows due to payments, policy, legal and finally the covid hurdle, has been up for speculation for some time now. While some of us observers have been predicting a miss since 2019, others have become more insistent about it […]

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MSEDCL Issues Tender for 487 MW Solar Projects Under Component A of KUSUM Scheme

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender for bids under component A of the KUSUM (Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan)  scheme, that has a focus on improving incomes of farmers and generating solar power at the scale. Until now, most of the solar success under KUSUM has been […]

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Govt. Confirms Solar Imports Down To $571 million in 2020-21

Yesterday, the Union Power and New and Renewable Energy Minister Raj Kumar Singh while addressing the Lok Sabha announced that India’s solar cells and modules imports fell to $571.65 million in the last financial year (FY20-21) from $2.16 billion and $1.68 billion in FY18-19 and FY19-20, respectively. Till July end, India had imposed tariff and […]

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REMCL Invites Bids for 210 MW Solar Projects on Vacant Railway Land

Railway Energy Management Company Limited (REMCL), a joint venture of the Indian Railways and RITES Limited (Rail India Technical And Engineering Services Limited, a railway PSU), has issued a new tender to develop 210 MW of grid-connected solar projects under the Domestic Content Requirement (DCR) category. The solar projects are to be developed on vacant railway […]

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Key Policy Challenges To a Thriving C&I Market for Solar In India

The Solar Energy sector has emerged as a potential green technology to address climate change issues by reducing dependence on conventional fossil fuel-based energy. India has a target to install 100 GW of solar energy capacity with a commitment to increase the renewable sources-based energy capacity to 175 GW by 2022. Under this, 40 GW […]

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