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solar developers in india

US Companies Waiting for a Moment to Enter Indian Solar Market

US Exim Bank announced that, several American Companies are looking for a moment in India’s renewable energy segment and are eager to engage in the National Solar Mission, recently. ‘We are working with various renewable energy organizations in the US and they are hoping to expand their business here,’ said Fred P Hochberg, Chairman of […]

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U.P Solar Auction Goes to Adani Power and Azure Power

Adani Power and Azure Power have won the most recent auction for solar energy ventures with offers of Rs 4.78 per unit, which is higher than the previous month record (Rs 4.34 per unit). Prayatna Developers, a division of Adani Power and Azure Power have been assigned 50MW at the same cost. In the past […]

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DMRC Inks MoU with SECI To Augment Solar Venture

  The Delhi Metro Rail Corporation (DMRC) and the Solar Energy Corporation of India  (SECI) will now mutually work together on taking up an ‘off site’ solar power venture, to augment the utilization of renewable energy, alleviate the effect of standard increment in grid tariffs and to decrease the carbon foot prints. A Memorandum of […]

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The Desert State Utilizing Only 0.51% of its Solar Energy Potential- CAG Report

The most recent statement by the specialist, Comptroller and Auditor General (CAG) on Renewable Energy Division in India said that Rajasthan is using just 0.51 % of its sun powered energy potential. The report, which was composed in Parliament, recently states Rajasthan along with Gujarat has forged more than 50 per cent of the aggregate […]

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Solex To Launch TOPCon Production In 4 Months: Kalpesh Patel, MD

Gujarat-based solar module manufacturer Solex has planned to start the production of solar modules based on TOPCon technology in the next 3-4 months, the firm’s top management said. In a recent interaction with Saur Energy at Inter Solar-Ahmedabad, Kalpesh Patel, Joint Managing Director (MD) of Solex, said that the firm planned to try the new […]

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Waaree Renewable Technologies Expects A Likely Rise Of Orders From PSUs

Waaree Group’s EPC arm, Waaree Renewable Technologies Limited, is now anticipating a rise in opportunities for solar developers in India in the coming days. This is likely to see a transition of the order books of the developers, the top management opined in a recent investors call.  Dilip Panjwani, Chief Financial Officer (CFO) of Waaree […]

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Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific

A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […]

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APTEL Raises Concern Over Unscheduled Power Drawal From Grid By RE Generators

The Appellate Tribunal For Electricity (APTEL) in its latest judgment raised concerns over the unscheduled power drawal from the grid by renewable energy generators. It also took a dig at the authorities concerned over the dearth of legislation on the issue. The remarks appeared in the latest written order of the APTEL while hearing a […]

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Canada Pension Board Invests In UK-Based Firm For Offshore Wind Energy

Canada Pension Plan Investment Board (CPPIB) has invested in UK-based Reventus Power to further its plans to establish the firm as a global player in the offshore wind sector. Consequently, Reventus Power has doubled the size of its global team to approximately 50 offshore wind specialists, increased its presence in the UK, Germany, Poland, and […]

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