Tags: solar

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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Andhra Pradesh Govt releases INR 2984 cr for DISCOMS to clear power dues

Andhra Pradesh government recently released a sum of INR 2,984 crore to clear long- pending dues to Solar and Wind Power generators, central generating stations and state generating stations. Of the total, Rs 2,199 crore will go to CGS and SGS while solar and wind power generators will get the balance. According to an order […]

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India and Myanmar signs 10 MoUs; Focus on solar power and roads

India and Myanmar on Thursday exchanged 10 agreements, four of which focus on the construction of water supply systems, distribution of electricity by solar power, as well as construction of roads and schools in Rakhine state, located on the western coast of the South Asian country. The deals were signed in the presence of Prime […]

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India added 2308 MW of solar and 817 MW of Wind in Q4 of 2019: JMK Research

JMK Research and Analytics in its latest report revealed that in the Q4 of 2019India installed 2,308 megawatt (MW) of solar capacity and 817 MW wind projects. According to the report the quarter saw a significant increase in installed capacity across wind and solar, clocking an overall 40 per cent growth over the previous quarter. […]

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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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Andhra Pradesh to produce 10000 MW of solar power

The Andhra Pradesh government has reportedly proposed to set up its own generating units to produce 10,000 MW of solar power to meet the energy requirements of the agriculture sector. The government has already issued an order for setting up the Andhra Pradesh Green Energy Corporation Limited, as a subsidiary of Power Generation Corporation of […]

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Policy certainty will increase investment into India’s renewable energy space: IEEFA

Policy certainty will increase domestic and international investing into India, a new report out on Thursday by the Institute for Energy Economics and Financial Analysis (IEEFA) said. The report, India’s Renewable Energy Policy Headwinds – Recommendations for Urgently Accelerating Activity in the Renewable Energy Sector, finds a number of recent policy positions that have undermined […]

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India’s solar and wind generation to touch 135GW by 2024: Bridge to India

Renewable energy consultancy firm Bridge to India in its latest report forecasts that India’s solar and wind generation may touch 135 gigawatt (GW) by the end of 2024 up from the 77 GW capacity it had reached in 2019. Bridge to India in its report titled ‘India renewables outlook 2024’ said “Notwithstanding the various operational […]

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India may find difficult to meet its 175 GW renewable energy target by 2022: CSE

India’s renewable energy (RE) sector seems to be losing steam, even as the total capacity has reached almost 86 GW by December 2019, says the latest State of India’s Environment Annual report, released here at the 2020 Annual Media Conclave and Anil Agarwal Dialogue. India has set itself a target of 175 gigaWatt (GW) RE capacity by […]

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