Page 4 - Solar Power

Bring home the power of the sun and save big on electricity bills

Though expensive initially, rooftop solar installations usually pay for themselves in seven years max. Any power that they generate after that is free for the next 18 years

India's solar capacity addition jumps over three-fold to 7.4 GW in Jan-Sep

The solar energy generation capacity addition rose 335 per cent to 7.4 GW in the January-September period this year from 1.73 GW a year ago, said Mercom India Research

Solar projects of 107 GW either installed or under implementation: Minister

Solar energy generation projects totalling 107.46 GW are either installed or under various stages of implementation or tendering, Parliament was informed on Tuesday. India had set a target of having 100 GW of solar energy by 2022. "... a total of 107.46 GW solar energy capacity has either been installed or under various stages of implementation or tendering," Power and New & Renewable Energy R K Singh said in a written reply to the Rajya Sabha. The minister informed the House that a total of 46.25 GW of grid connected solar energy capacity has been installed in the country as of October 31, 2021. Further, a total of 36.65 GW capacity is under various stages of implementation and 24.56 GW capacity has been tendered. He also told the House that 7,555.16 MW of renewable energy capacity has been added during the current fiscal till October 31, 2021. India has added renewable energy capacity of 7,866.13 MW in 2020-21 and 9,061.26 MW in 2019-20. In a separate reply to the House, the ..

Tata group likely to set up Tamil Nadu solar cell plant, invest Rs 3,000 cr

State seeks to have 25 GW of renewable energy capacity by 2030, become investment destination in sector.

Glasgow COP26: Riding on 450 GW, India to ask for more carbon space

Fissures between developed and developing world expected to widen

India, UK to launch solar Green Grids Initiative at COP26 climate summit

India and the UK are set to enhance their International Solar Alliance (ISA) partnership with the launch of a new Green Grids Initiative connecting different parts of the world

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.

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.

Reliance New Energy Solar to invest in NexWafe as strategic lead investor

Reliance, through this partnership, will secure access to NexWafe's proprietary technology and plans to build large-scale wafer manufacturing facilities in India using NexWafe processes and technology

RIL's renewable energy arm buys REC Solar Holdings in $771 mn deal

Target is one of world's top solar cells/panel and polysilicon firms, will be key part of Reliance's new energy vision

Adani Group to triple solar power generation capacity in 4 years

Gautam Adani said over the next decade, his group would invest over $20 billion in renewable energy generation.

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

India adds record high rooftop solar capacity of 521 MW in April-June

India has added 521 MW of rooftop solar capacity in April-June this year, which is the highest capacity installed in a quarter, according to Mercom India report.

Coal India arm Eastern Coalfields installs 250 kW rooftop solar project

Eastern Coalfields Ltd, a subsidiary of Coal India, has commissioned a 250-kilowatt rooftop solar power project, ramping up its total installed solar rooftop capacity to 692 kW

Venkaiah Naidu urges Centre, state govts to go for solar power in buildings

Says installation of rooftop solar power plants could also be made mandatory

Direct green power instead of grid-fed could help railways more: Study

According to the study, around a quarter of this new solar capacity - up to 5,272 MW - could be fed directly into the railway's overhead lines

MP awards contracts for cheapest solar power; Rly to draw from seven states

The state discovered lowest tariff of Rs 2.14 a kilowatt/hour so far after applicability of basic customs duty

Trouble for renewable energy producers as peak power demand turns dodgy

Data shows that demand doesn't peak in the day, when solar and wind production is optimum, but at night after the Sun has set

Vikram Solar to set up 1.5 Gw module manufacturing unit in Tamil Nadu

The company said with this facility, its cumulative PV module capacity will reach 2.5 Gw, which is currently the largest in India

RInfra-promoted BSES ties up 510 Mw solar and bundled hybrid power

Hybrid power is a bundled mix of solar and wind power, wherein one component is at least 33% of the contracted capacity