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solar business

US Company rejigs UP Mini-Grid Solar Policy

Just after the UP state government proposed a mini-grid policy to electrify the rural grounds of the state, a U.S. company has extended interest to electrify 1,000 villages by setting up mini-grids powered by solar energy. Rockfeller foundation has partnered with OMC-Powers’ to invest US $ 4.5 million (around Rs 30 crore) for retro-fitting of […]

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Andhra Pradesh is driving solar, aims to add 619MW of solar power generation

Andhra Pradesh is well set to foster its solar needs; the state has now announced adding of about 619 MW of solar energy by next month, which will count the total installed capacity surpass 1000 MW (one Giga Watt). Currently the state has about 1300 MW of wind and solar power generation capacity, of which […]

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ReNew Power inks PPAs for 286 MW Solar Project in Telangana

The Indian solar and wind energy major, ReNew Power Ventures signs a Purchase Power Agreements (PPAs) for four solar ground mounted projects with combined capacity of 286 MW in Telangana. Winning the highest bid for 2000 MW solar projects in the state, the company has well-stable to be the largest solar energy company in Telangana […]

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Gamesa bags 12MW Solar Deal in Tamil Nadu

Spanish renewable provider, Gamesa announces a successful solar deal of commissioning 112MW in the state of Tamil Nadu, India. Through this photovoltaic (PV) project, the company will provide engineering and design services, supply inverters, implement the actual installation and commission the solar PV parks. Previously, The latest order expands the company’s Indian solar power portfolio […]

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Eltek successfully integrates 10,000 Hybrid-Solar Telecom Sites

Eltek announces it has successfully commissioned more than 10,000 hybrid solar-grid power systems to remote telecom sites since 2008. Moving ahead of solar power integrations from just off-grid telecom sites, but is now spurring in a wide range of network locations. By using these hybrid solutions, which combine solar backup power and high-efficiency DC power […]

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MSMEs and SSI sought for separate electricity tariff, urges for solar use

Micro, Small and Medium Enterprises (MSME) and Small Scale Industries (SSI) are seeking for separate electricity tariff. Both MSMEs and SSIs have detailed their presentation before Karnataka Electricity Regulatory Commission (KERC) last week. MSME associations jointly organizing an awareness programme in Karnataka on ‘Roof Top Solar Power Generation’ to encourage the SMEs and SSIs to […]

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Govt likely to announce incentives to boost manufacturing of solar panels

Government may announce inducements in the upcoming Budget to boost manufacturing of solar panels and achieve its objective of establishing 100 gigawatts of solar capacity by 2022. So far, solar t Finance minister Arun Jaitley may announce incentives, such as Viability Gap Funding (VGF) to help sprout manufacturing plants in the country and vow long-term […]

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SolarCity Opens Fund of $249 Million in Solar Projects

SolarCity announces its opening of a new tax equity fund of $249 million in solar projects. Whereas, the other financing partner name was not unveiled, though this investment is reported as the fourth solar project fund by the two partnering companies. After total consolidation, the fund is known to twofold in size making a total […]

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Vikram Solar Expands its Footprint in Africa – adds 14 Sub-Saharan Countries

The Indian solar company, Vikram Solar joins forces with African energy distributor Powertech Africa to expand its footprint into 14 new markets in sub-Saharan Africa, including Botswana, Zimbabwe and Tanzania. The alliance will enable Powertech Africa, to generate PV module sales of one megawatt in sub-Saharan Africa by mid-2016 and will indulge in bringing and […]

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