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Grundfos Eyes on Solar, Smart Pumps to Double India Revenue

Grundfos is using energy efficient, IT-enabled offerings from its Danish parent’s portfolio. That is apart from the locally-developed solar pumps that are available in Indian market. In a bid to double its revenue to Rs 1,000 Crore, Grundfos India Ltd is expanding its network by betting big on ‘Make in India’ solar pump for rural […]

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JMU to Get 2.5 MW Solar Plant by SunSource Energy

SunSource recently signed an MoU with Jamia Millia Islamia University University of Jamia The university recently signed an MOU to accomplish the project on a turnkey basis under the Renewable Energy Service Company model (RESCO) for the next quarter of a century. To help Jamia Millia Islamia University to save around Rs 1 Crore at […]

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Adani’s Mundra Solar Seeks to be $1bn Firm in 2-3 Years

In next 2-3 years, it is also mulling to scale up its manufacturing capacity of modules and cells from the current 1,200 MW to around 3,000 MW. Adani Group’s solar PV manufacturing arm, Mundra Solar PV, eyes to become a USD 1 billion company over the next 2-3 years. In next 2-3 years, it is […]

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Expressions of Interest for Moser Baer Solar Likely This Week, says Arvind Garg

He expects good response considering the growing confidence in the solar sector’s growth story in India. A resolution professional Arvind Garg has said that the expressions of interest (EoI) for the assets of bankrupt Moser Baer Solar are likely to be invited this week. “We hope to invite expressions of interest this week and we expect a […]

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Viz-A-Viz with Sir Ganesan Natarajan, Chairman | Topaz Solar Private Limited

Q. Please tell our readers more about Topaz solar and its services. Topaz Solar is promoted by me and Ms. Usha Natarajan in the year 2009. It became active since 2014 where we planned to foray into domestic solar market primarily Tamilnadu biz in mind due to aggressive Solar policy unveiled by then CM Jayalalitha. […]

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UK Joins International Solar Alliance

The formal announcement from the country came at the event held at the London Stock Exchange as part of the Commonwealth Heads of Government Meeting 2018 (CHOGM). The United Kingdom on 16th April 2018 became 62nd member of India led International Solar Alliance (ISA). UK cemented the membership with ISA to provide affordable and sustainable energy for all […]

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Madras HC Dismisses Plea Against 70% Levy on Solar Imports

The oral order was delivered by the court whereas the written order is likely to be pronounced today. Challenging the recommendations of 70% safeguard duty on imports of solar panels and modules by Directorate General of Safeguards, the Madras High Court has dismissed the petition on Monday. The oral order was delivered by the court […]

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International Solar Alliance: A Rollercoaster Ride for Indian Solar

Indian solar sector witnesses sharp momentum in the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took office, India had 3 GW of solar power, which now turned to nearly seven-times of that, or 20 GW, by the end of FY18. India’s efforts towards solar sector came into […]

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India’s Solar Additions Slowed by GST, Duty on China Imports, says UN Report

Developing economies, comprising India, China and Brazil, committed USD 177 billion to renewables last year, up 20%, compared to USD 103 billion for developed countries, down 19%, the report added. A UN report has said that the imposition of anti-dumping and safeguard duties on import of Chinese solar cells and modules and levy of Goods […]

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