Tags: solar India news

Waaree Energies forays into standalone solar solutions segment with Off-Grid Inverters

Waaree Energies, India’s one of the leading EPC player and solar PV manufacturer announced its foray into the standalone solar solutions segment with Off-Grid Inverters. With an aim to substantially reduce dependency on the electrical grid, the solar inverters are available in capacities ranging from of 375 VA to 10 KW across a wide scale of […]

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India to see over 7 GW solar power capacity addition in 2019-20: ICRA

ICRA on Tuesday said that it has estimated 7-7.5 GW solar power capacity addition during the current financial year, which includes 1 GW of rooftop solar. “The domestic solar power capacity addition is expected at around 7 GW to 7.5 GW (including around 1 GW of rooftop solar capacity) in FY 2020 as per an […]

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CleanMax Solar raises funding of Rs 275 crore from UK Climate Investments

CleanMax Solar has announced that it has raised Rs 275 crore in equity funding from UK Climate Investments LLP (UKCI). UKCI is a joint venture between the Green Investment Group and the UK Government’s Department for Business, Energy and Industrial Strategy and is managed by Macquarie Infrastructure and Real Assets. UKCI is a £200 million […]

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SECI extends date of manufacturing-linked solar bid for 3 GW till May 14

The Solar Energy Corporation of India (SECI) extended bids submission deadline for the third time for manufacturing-linked 3GW solar power tender till May 14. “The RfS (request for selection) Selection of Solar Power Developers for Setting up of 3GW ISTS (inter state transmission system) Connected Solar PV Power Plant linked with setting up of 1.5GW […]

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Hindustan Powerprojects under IT radar, Tax evasion of over Rs 1350 cr detected

The Income Tax (IT) department has detected tax evasion of more than Rs 1,350 crore during search and seizure operations conducted against Hindustan Powerprojects, a company owned by the nephew of Madhya Pradesh chief minister Kamal Nath, sources said. The Central Board of Direct Taxes (CBDT) Monday said raids were conducted earlier this month at […]

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responsAbility, EFL enters into an agreement for the issuance of green Masala Bonds

A responsAbility-managed climate fund and Indian non-banking financial company Electronica Finance Limited (EFL) have entered into an agreement for the issuance of green Masala Bonds. EFL has issued Rupee-denominated senior secured bonds of USD equivalent 10 million. The funds are dedicated to expanding ELF’s energy-efficient machinery lending portfolio for SMEs operating in the carbon-intensive manufacturing […]

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All you need to know about MNRE’ s Revised Guidelines For Series Approval of SPV Modules

The Ministry of New and Renewable Energy (MNRE) has issued revised guidelines for series approval of SPV Modules for conducting testing in Test Labs for implementation of Solar Photovoltaics Systems, Devices and Component Goods Order 2017. The guidelines has been issued to facilitate labs/manufacturers in formation of series of products for approval of product family […]

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Shift to solar from kerosene to improve power supply for households: Study

Switching subsidies from kerosene to off-grid solar products would improve electricity access for households still reliant on kerosene, a study by the International Institute for Sustainable Development (IISD) and The Energy and Resources Institute (TERI) said on Thursday. Despite the success of the ‘Saubhagya’ scheme, millions of households continue to use kerosene lamps during outages or because […]

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Telangana to add about 1 GW of solar PV capacity within next 6-8 months

Telangana is reportedly gearing up to add about 1 GW of solar PV capacity within the next 6-8 months. With the installation of 1 GW of solar PV capacity the installed capacity will reach over 4,500 mw. Telangana after being curved out as new state it has seen rapid deployment of distributed solar PV projects […]

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