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Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA

Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement […]

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R K Singh Asks States to Speed Up Work under Saubhagya; Assures All Possible Support

The Power Minister further said that draft on amendments to Electricity Act will also be circulated soon. The Renewable Energy Minister R K Singh has discussed the progress of work under Saubhagya, Gram Swaraj Abhiyan and Deen Dayal Upadhyaya Gram Jyoti Yojna in a ‘Review, Planning and Monitoring (RPM) Meeting’ with the secretaries of power/ energy […]

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A Path breaking Journey in Renewable Energy through last 4 years

Last 4 years have been path-breaking in India’s renewable energy landscape. Renewable power installed capacity has already reached over 70 GW. Over 40 GW renewable power capacity is under construction/tendered. Globally, India stands 4th in wind power 5th in renewable power and 6th in solar power installed capacity. Solar energy capacity increased by over 8 […]

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Price Cut in Per Unit Solar Power a Discouraging Factor

“Coal and hydroelectricity have come cheaper, and it has become more viable for Chamundeshwari Electricity Supply Corporation (Cesc) to buy power from neighboring states than getting it from households,” Sales manager of Evervolt Solar Private Ltd Karunakaran A said. After a steep decline in the prices offered for per unit of solar power generated by households and […]

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Suzlon Energy Posts Q4 Net Loss at Rs 470 Cr; 340 MW Solar Projects Commissioned

There is traction across all new and emerging segments in the sector as evidenced in several positive policy actions for offshore, wind‐solar hybrid, repowering, captive, and feed‐in‐tariff for small projects upto 25 MW, says Tulsi Tanti. Solar & other renewable energy solutions provider Suzlon Energy reported its consolidated net loss at Rs 469.85 crore in […]

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India Won’t Impose Safeguard Duty on Imported Solar Equipment

The decision had different effects on solar players in the country. On the one hand it had delighted manufacturers while as on the other hand it alarmed developers about the steep rise in input costs. Overruling the directorate general of safeguards’ recommendation of 70% levy on imported solar equipment, the government has reversed the decision […]

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Solar Street Lighting Market to Grow at Brisk Pace for Few Years: Research

The governments of many countries such as India, China, and the US have made stringent regulations and schemes such as feed in tariffs and quota based renewable portfolio standards (RPS), or promotion of renewable sources of energy such as solar, wind power and others. A recent market research from P&S Market Research has showed that […]

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SECI Named Nodal Agency to Implement 2,500 MW Wind-Solar Hybrid Project

The eligible capacity for bidding will be a minimum 200 MW and maximum 500 MW by a bidder with project capacity of at least 50 MW at one project site. The Ministry of New and Renewable Energy (MNRE) has appointed Solar Energy Corporation of India (SECI) as the nodal agency for setting up of 2,500 […]

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Solar-based WAAS Model Can Improve Access to Affordable Irrigation: Report

A study by CEEW has found that half of the 1,600 farmers surveyed across the state expressed dissatisfaction due to depleting water tables and high expenditure on diesel. With multiple problems farmers facing in the country including reducing water table and high expenditure on diesel to run their pumps to irrigate their lands, the Council […]

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