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Solar Power Tariffs expected to drop to as low as INR 3.50 a unit in 3 years

Solar power tariffs in India, which fell below Rs. 5 per unit since last November, are once again expected to sink further as the industry doubles volumes every year and the cost of producing power continues to drop. A report published in the Mint mentions that that tariffs will fall to as low as 3.5 […]

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5000 Acres of Land to be acquired for Commissioning 1000MW of Solar Park in Odisha

With an aim to add aggregate clean energy capacity of 1000 megawatts by commissioning 4 solar parks in the region by 2020, the State Government of Odisha has directed different District Collectors to identify and recognize around 5000 acres of land for the project. The Odisha Government has set the target, which was also mentioned […]

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Dr. Harsh Vardhan launches Solar Power Tree for Generation of Electricity

Dr. Harsh Vardhan, Union Minister for Science & Technology and Earth Sciences, has come up with a ‘Solar Power Tree’, which is an innovative way to generate electricity using solar power in a limited space. The Solar Power Tree has been engineered by the Central Mechanical Engineering Research Institute (CMERI), a laboratory of the Council […]

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India sanctions scheme to develop 10 Solar Zones having at least 10000 hectares of land

The Government o India has directed authorization to implement the scheme for setting up of 10 ‘Solar Zones’ each having at least 10000 hectares of govt. or privately owned uncultivable and fallow land in one or more than one patches to encourage solar PV project developers, investors and manufacturers to help achieve the nation’s massive […]

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Centre using VGF tool to woo states like West Bengal for its solar mission

Centre is trying to woo states like West Bengal offering viability gap funding to put national solar mission on fast track. Ministry of New Renewable Energy (MNRE) joint Secretary Tarun Kapoor speaking to PTI said “We will offer viability gap funding to the state governments. We will give subsidy to bring down the tariff to […]

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