Tags: India solar news

Actis acquires Acme’s 600 MW solar assets for Rs 3,000 cr: Report

Actis has reportedly acquired cash-strapped Indian power producer-Acme Cleantech Solutions’ solar energy assets in a deal worth Rs 3,000 crore. ET citing sources reports that Actis outbid Canadian fund Brookfield to strike a deal with one of the largest solar power producers in India. The deal signed between the two firms on solar asset is […]

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Why MNRE Cancelled 500 MW solar park project proposal in Tamil Nadu

The Ministry of New and Renewable Energy (MNRE) recently cancelled the proposal to setup solar part at Kadaladi in Ramanathapuram district which is seen as the major set back for Tangedco and Tamil Nadu Government. But one big question that popped up in everyone’s mind was why did the ministry decided to cancel this solar […]

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WATCH: RK Singh announces commissioning of 100 MW Decentralised Solar Power plant

The renewable energy minister RK. Singh announced commissioning of 100 MW Decentralised Solar Power plant connected to agriculture feeders. The capacity of these Solar Power Plant in each substation, ranges from 0.5 MW to 10 MW . The Decentralised solar power plant cater to the requirements of farmers connected to the respective agriculture feeder daily, […]

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India’s solar capacity addition dipped to 12 per cent in 2019 from 8,338 MW

Country’s solar capacity addition dipped 12 per cent to 7,346 megawatts (MW) in the calender year 2019 from 8,338 MW in 2018, according to a report by Mercom India Research. While 2019 was a lost year for the country’s solar sector, Mercom India Research expects solar installations to rise by 17 per cent year-on-year (y-o-y) […]

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Govt set to privatise solar products manufacturer CEL, invites bids by March 16

The government is set to privatise Central Electronics Ltd, a CPSE under the Department of Science and Technology, by selling its 100 per cent stake with management control and has invited the Expression of Interest for the same by March 16. The selected bidder will be required to lock in its shares for a period […]

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Adani Green Energy reported widening of third quarter net loss to Rs 128 crore

Adani Green Energy Ltd (AGEL) reported widening of its consolidated net loss at Rs 128 crore during the quarter ended december 31, 2019 on Tuesday. Adani Green Energy Ltd in a BSE filing posted a net loss of Rs 118 crore in the year-ago-quarter. During the October-December period of the ongoing fiscal, the company said, […]

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India needs over 1000 GW of solar power capacity to replace coal mining jobs: Study

According to a study published in the journal, Environmental Research Letters, India would need over 1000 GW of solar power capacity to replace coal mining jobs. As the countries across the globe shifts its focus from fossil fuel to renewable energy, ensuring that coal miners find jobs locally in other industries is now a precondition. […]

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Gautam Adani’s group aims to become world’s largest solar power company by 2025

Gautam Adani on Wednesday said his group is aiming to become the world’s largest solar power company by 2025 and the biggest renewable energy firm‎ by 2030. In a Linkedin post, the Adani Group chairman said the age of renewable energy has dawned upon the world faster than most could have anticipated. “Our vision is […]

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Gadkari gets complain against NTPC’s tender conditions from solar power association

State-owned NTPC Ltd’s refusal to exempt small and medium enterprises from earnest money deposits for its solar power tenders has riled an association of solar energy industry which has now petitioned the government seeking its intervention. The National Solar Energy Federation of India — an umbrella organisation representing solar energy companies — on January 7 […]

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Indian Railways to source about 1000 MW Solar Power by 2021-22

Indian Railways has planned to source about 1000 Mega Watt (MW) Solar Power and about 200 MW of wind power progressively by 2021-22 across Zonal Railways & Production Units. Of this, 500 Mega Watt (MW) solar plants are to be installed on the roof top of Railway buildings which will be used to meet non-traction loads at […]

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