Page 5 - Solar Energy

Solar power tariffs may rise next fiscal on increased taxes, says report

The government recently increased GST on critical components of a solar project such as photovoltaic cells and modules from 5 per cent to 12 per cent with effect from the beginning of this month.

ISA targets $1 trn in solar funds by 2030; S Asia in phase-1 of world grid

Talks will also revolve round the $1 trillion Solar Investment Roadmap for 2030, and approval of a blended financial risk mitigation facility

World's shift to renewable energy could pay the price for fuel crisis

Low prices, until recently, for energy of all types might have left consumers with too-rosy a picture of how much they will pay for fuel.

Reliance Industries looks at global tie-ups in renewables, says report

Ballard Power could be one of potential collaborators in fuels cells, Saudi Aramco for green ammonia and Siemens Green Energies for carbon capture and storage

India most cost-effective globally in rooftop solar power: Report

Rooftop solar photovoltaics account for 40 per cent of the global solar photovoltaics installed capacity and one-fourth of the total renewable capacity additions.

India adds 6,530 MW solar, wind capacities during July 2020-June 2021: Rpt

India added a total of 6,530 mega watt (MW) of solar and wind capacities between July 2020 and June 2021, a report said on Wednesday

Reliance Industries invests nearly $29 million in Germany's NexWafe

The investment, expected to be completed this month, will accelerate product and technology development for NexWafe

Tata Power jumps 4%, hits new high as solar arm wins multiple orders

Tata Power Solar received EPC orders worth Rs 538 crore from Energy Efficiency Services Limited (EESL) to set up multiple distributed ground mounted solar projects totalling 100 MW

India set to hit 450 GW renewable energy installed capacity by 2030: MNRE

Earlier this month, the MNRE in partnership with FICCI, organised a series of events, from October 6-8 during the Climate and Biodiversity Week at Expo 2020 Dubai.

Solar open access installation rises nearly 7-fold in April-June: Report

Cumulative solar installations in the open-access market have now surpassed 4.5 GW as of June 2021: Report

RIL, Adani, 17 others show interest to set up solar PV units under PLI

As many as 19 firms, including Reliance Industries Ltd (RIL), Adani Group and Tata have evinced interest for setting up solar manufacturing units under a production linked incentive scheme of the government. In April this year, the Union Cabinet approved a Rs 4,500 crore production linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules. The scheme is aimed at adding 10,000 MW manufacturing capacity of integrated solar PV modules entailing direct investment of Rs 17,200 crore. "RIL, Adani Group, First Solar, Shirdi Sai and Jindal Poly have applied under the scheme for manufacturing polysilicon (stage-I), wafer (stage-II) and cells and modules (stage-III & IV). L&T, Coal India Ltd (CIL), ReNew and Cubic have bid for Stage II, III and IV," the source told PTI. The source also said nine other firms namely Acme, Avaada, Megha Engineering, Vikram Solar, Tata, Waaree, Premier, Emmvee and Jupiter have evinced interest for stage III and IV (cell, ...

India's climate mitigation plans face a threat as Earth warms

Companies such as Hero Future Energies have started investing in digital solutions that help monitor weather changes, and plan generation accordingly

India shines in energy transition with strong renewable path

Ministry of New and Renewable Energy announced that total installed renewable energy capacity in India, excluding large hydropower, has crossed milestone of 100 GM about 26 pc of total capacity

Vikram Solar sees bright prospects in PV module manufacturing business

One of the earliest entrants in the PV module manufacturing business in India is seeing brightening prospects for this former sunrise sector

NTPC bags 325 MW solar projects at Shajapur Solar Park in Madhya Pradesh

The NTPC has set a target to install 60 GW of renewable energy capacity by 2032.

NTPC gets govt nod to set up country's single largest solar park in Gujarat

The 4,750-megawatt (MW) renewable energy park at Rann of Kutch in Khavada Gujarat will be set up by NTPC

Global solar sector sees 193% rise in corporate funding: Mercom Capital

The global solar sector including the Indian market has witnessed total corporate funding of USD 13.5 billion in January-June period of 2021, registering a jump of nearly three-folds over the previous year, according to a report. Total corporate funding, including venture capital funding, public market and debt financing, into the solar sector stood at USD 4.6 billion during the same period of 2020, the report by clean energy consulting firm Mercom Capital Group said. "Funding was up across the board in the first half of 2021 compared to last year, which was severely affected by the pandemic. Corporate M&A activity was up with solar developers expanding their pipelines, oil and gas companies diversifying into renewables, and funds buying up renewable assets," said Raj Prabhu, CEO of Mercom Capital Group. "The transition from fossil fuels to renewables and Environmental, Social and Governance (ESG) investing trends made an impact on financing as well as merger and acquisition ...

Indian billionaires face off in race for domination in solar space

India's two richest men are vying to be at the forefront of Prime Minister Narendra Modi's ambition to ramp up green energy capacity

Cyclones' record rain in May cloud India's solar power generation

The highest solar generation loss was faced by Karnataka, which saw it declining by 15 per cent over last year

Ambani, Adani and China

The big boys may well compete, but if you parse Mr Ambani's AGM statement, it appears that RIL would more like to play the role of an input and/or original-equipment-manufacturer than a fierce rival