SUBSCRIBE NEWS LETTER

solar business

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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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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Maharashtra introduces feeder-based solar energy scheme for agriculture sector

Maharashtra’s Chief Minister Devendra Fadnavis has said that the state government has come up with a scheme to ensure smooth power supply to the agriculture sector for 12 hours a day through feeder-based solar energy. He further mentioned that so far, 10000 solar agricultural pumps have been set up across the state, and 16 renowned […]

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ReneSola to sell 26MW of Solar Projects in the UK to a European investor

ReneSola Ltd has announced that it has signed agreements to sell its six utility-scale projects in the United Kingdom to a European investor. These projects have a combined capacity of approximately 26 MW. The six utility-scale projects powered by company’s Virtus II modules are located in Carlam Hill Farm, North Wales, and Monmouthshire. All of […]

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Hanwha Q Cells to ship 141MW of Solar Modules to Mahindra Group

Hanwha Q Cells has announced that it has signed an agreement with Mahindra Susten Pvt. Ltd. to supply 141 megawatt solar photovoltaic module. Hanwha Q Cells will ship HSL72 modules, which are produced in company’s production facility in China to the newly established renewable energy arm of the India’s sixth largest conglomerate Mahindra Group. The […]

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Adani’s solar module to cost 10-12% more than imported version: Report

Solar modules and solar photovoltaic cells from the house of Adani Group developed under Make in India initiative will reportedly cost higher. Jayant Parimal-Renewable Energy Business CEO, Adani Group speaking to ET said Solar modules and solar photovoltaic cells will be 10-12% higher than the imported versions available in the market. Early this year in […]

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Adani Group inaugurates Punjab’s largest solar power plant of 100 MW

Adani Enterprises has announcced the commissioning of Punjab’s largest solar power plant of 100 MW, at an investment of Rs 640 crore. The plant has been set up by its subsidiary Adani Green Energy Ltd. Punjab Chief Minister Parkash Singh Badal and senior officials were present on the occasion. The plant is situated at Sardargarh […]

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Poor implementation of net-metering policies poses a major challenge for rooftop solar

India’s rooftop solar market has been growing rapidly with the country adding more capacity in the past 12 months than all previous years put together. However, grid interconnection regulations and processes remain challenging in most parts of the country despite almost all states announcing net- and/or gross-metering policies for rooftop solar. According to survey of […]

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