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What to Expect from India’s National Energy Storage Mission

Solar power with its inherent limitation of being available only during day time and the influence of weather conditions, has made batteries an integral part for all PV systems. Increasing solar power injection makes grid stability and management issues a concern. As India is moving rapidly towards an energy and transportation transition, the need to […]

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Rupee fall puts Rs 28,000 crore solar projects at risk

With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […]

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Walmart, SunPower Sign 23 MW Solar Pact

As part of the project, a mix of rooftop and ground-mount solar systems are expected to account for 23 MW, with start of construction targeted for the first half of 2019.   Retail stores chain operator Walmart has reached an agreement with SunPower to have the commercial energy provider install solar systems at 19 stores […]

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India’s Rooftop Solar Market – High on Opportunities and Loaded with Challenges

Experts from the industry, policy makers and market researchers will share their experience and views and suggest the ways to accelerate the market during three rooftop conference sessions at Intersolar India on December 11-13, 2018 in Bangalore. Net metering was introduced in India as a measure to make rooftop solar more accessible and economical for […]

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Viz-A-Viz with Shravan Sampath, Founder, Oakridge Energy Solutions

Q. As an EPC how do you see the growth journey of solar in past few years? Government of India has set an ambitious target of 40,000 MW of rooftop solar capacity to be achieved by 2022. While this is ambitious, it is not impossible to achieve either. The recent fall in the drop of […]

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CDPQ Raises Stake in Azure Power to 40% via $100 Mn Addl Investment

Post this new investment, the total amount invested by CDPQ in Azure Power grew to USD 240 million. Canada’s one of the leading institutional fund managers, La Caisse de dépôt et placement du Québec (CDPQ) has raised its shareholding in Azure Power Global, India-based solar firm, to 40 percent through USD 100 million contribution to the company’s recent […]

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Viz-A-Viz with Kapil Maheshwari, CEO, Hinduja Renewables Energy Pvt Ltd

Q. To begin with, how do you see your journey with Renewables Industry? I started my journey in Renewables Energy from the days of completing my masters from IIT, Bombay. Since then I am part of this industry in geographies like US, Germany and India. Started my journey as Design Engineer in RE Industry and […]

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AFRICA: World Bank invests in batteries to boost solar energy

The World Bank has decided to invest $1 billion for energy storage in Africa. The objective is to support the production of batteries to stimulate the production of solar energy. Africa is increasingly relying on solar energy to increase the rate of access to electricity for its population. Intermittence is the main disadvantage of the […]

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Magenta Power, MSEDCL Install India’s 1st EV Billing Meter

With the support of the Government of Maharashtra and the MAITRI program and installation by MSEDCL, the state of Maharashtra has installed the first EV billing meter in the country. Adding another feather in its cap, Magenta Power has installed India’s first EV billing meter in association with MSEDCL (Maharashtra State Electricity Distribution Company Ltd). […]

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