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Page 3 - Solar Projects

India offers $100 mn line of credit to Sri Lanka for solar projects

They discussed various issues of mutual interest including ways to expedite progress on bilateral power projects currently under discussion between the two sides

India offers $100 mn line of credit to Sri Lanka for solar projects
Updated On : 25 Sep 2020 | 11:35 PM IST

World Solar Bank aims to infuse $10 bn in solar projects across ISA members

With high priority accorded to Make in India, the government shall soon launch incentive schemes to invite global companies to set up mega manufacturing plants

World Solar Bank aims to infuse $10 bn in solar projects across ISA members
Updated On : 22 Sep 2020 | 10:02 PM IST

Rahul attacks PM over assertion that Rewa solar project is Asia's largest

Prime Minister Modi on Friday launched the 750 MW solar project in Rewa in Madhya Pradesh through video-conferencing

Rahul attacks PM over assertion that Rewa solar project is Asia's largest
Updated On : 11 Jul 2020 | 12:49 PM IST

PM inaugurates Asia's largest solar project in MP, invokes 'atmanirbharta'

The mega solar power project is comprised of three solar generating units of 250 MW each located on a 500-hectare plot of land situated inside a solar park

PM inaugurates Asia's largest solar project in MP, invokes 'atmanirbharta'
Updated On : 10 Jul 2020 | 1:24 PM IST

PM Modi to dedicate to nation 750 MW solar project in MP's Rewa on Friday

"This project will reduce carbon emission equivalent to approximately 15 lakh tonne of CO2 per year," according to a PMO statement

PM Modi to dedicate to nation 750 MW solar project in MP's Rewa on Friday
Updated On : 09 Jul 2020 | 7:28 PM IST

Tata Power to develop 120 MW solar project in Gujarat 300 million kg of CO2

The plant is expected to generate about 300 million units of energy per year and will annually offset nearly 300 million kg of CO2

Tata Power to develop 120 MW solar project in Gujarat 300 million kg of CO2
Updated On : 15 Jun 2020 | 4:06 PM IST

Adani Green Energy wins world's biggest solar bid of Rs 45,000 crore

Becomes India's largest clean energy firm; to set up 8-Gw power plant

Adani Green Energy wins world's biggest solar bid of Rs 45,000 crore
Updated On : 10 Jun 2020 | 3:14 AM IST

Covid-19 crisis: ACME cancels pact to supply power at record low tariff

Files petition with CERC to prevent SECI and Power Grid Corp from encashing bank guarantee and letter of comfort submitted for project

Covid-19 crisis: ACME cancels pact to supply power at record low tariff
Updated On : 21 May 2020 | 1:54 AM IST

India's solar capacity addition down 12% to 7,346 MW in 2019: Report

India's solar energy 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) to about 8,500 MW by the end of 2020. "The country installed 7,346 MW of solar in 2019, a 12 per cent decline year-over-year (YoY), compared to 8,338 MW installed in 2018," according to the report titled 'Q4 & Annual 2019 India Solar Market Update'. It also estimates solar installations in the range of 65-70 gigawatt (GW) by 2022, based on the current market conditions. The government has set a solar installation target of 100 GW by 2022. The large-scale solar projects accounted for 85 per cent of installations with 6,242 MW in 2019 and saw a 7 per cent y-o-y fall, and rooftop solar made up the remaining 15 per cent adding 1,104 MW, a 33 per cent drop ...

India's solar capacity addition down 12% to 7,346 MW in 2019: Report
Updated On : 19 Feb 2020 | 5:33 PM IST

India may give reprieve to solar projects delayed by coronavirus fallout

Anand Kumar, India's renewable energy secretary, said all the contracts have a 'force majeure' clause that companies can invoke to secure an extension on the project schedules

India may give reprieve to solar projects delayed by coronavirus fallout
Updated On : 18 Feb 2020 | 9:51 PM IST

Solar projects likely to miss deadlines over Coronavirus outbreak: Crisil

According to the ratings agency, non-adherence to completion of timelines attracts penalties, including downward renegotiation of tariffs, as per the standards of PPAs

Solar projects likely to miss deadlines over Coronavirus outbreak: Crisil
Updated On : 17 Feb 2020 | 10:46 PM IST

Andhra govt plans 10,000 mw solar power project to meet energy needs

AP Green Energy Corporation will be incorporated as a wholly owned subsidiary of the state-owned power utility AP Genco for the purpose of developing the 10,000 mw solar power project

Andhra govt plans 10,000 mw solar power project to meet energy needs
Updated On : 12 Feb 2020 | 5:10 PM IST

Mahindra Renewables plans $171 mn investment for solar project in Rajasthan

The project will be backed by International Finance Corporation (IFC)

Mahindra Renewables plans $171 mn investment for solar project in Rajasthan
Updated On : 09 Jan 2020 | 1:28 PM IST

AIIB announces $210 million loan for irrigation & solar energy projects

India is the second-largest shareholder of the bank and the largest recipient of its loan and equity commitments.

AIIB announces $210 million loan for irrigation & solar energy projects
Updated On : 20 Dec 2019 | 10:35 PM IST

Safeguard Duty drags India's solar target down this year as imports fall

With project developers cutting down on projects, heat is felt by panel manufacturers as well

Safeguard Duty drags India's solar target down this year as imports fall
Updated On : 07 Dec 2019 | 2:44 AM IST

AIIB expects $100m investment a year in India's solar, wind projects

AIIB's Director General Pang also expected the private investments in renewable energy sector in India as foreign direct investment, relieving the Indian government of project financing challenges

AIIB expects $100m investment a year in India's solar, wind projects
Updated On : 17 Nov 2019 | 12:44 PM IST

Govt to set up 12,000 MW solar power projects with Rs 8,580-crore funding

The CCEA also approved a proposal for continuation of the scheme of 'Exploration of Coal and Lignite'

Govt to set up 12,000 MW solar power projects with Rs 8,580-crore funding
Updated On : 06 Feb 2019 | 10:45 PM IST

Odisha plans roof top solar projects atop 1000 government buildings

It is in the scale of implementation of solar roof top projects that Odisha expects to better the performance of other states

Odisha plans roof top solar projects atop 1000 government buildings
Updated On : 25 Jan 2019 | 1:39 PM IST

India floats first tender to build 7.5-Gw solar power projects in Kashmir

The request is part of a larger plan to build 23 gigawatts of solar capacity in Ladakh, a region in the country's extreme north bordering China

India floats first tender to build 7.5-Gw solar power projects in Kashmir
Updated On : 02 Jan 2019 | 7:34 AM IST

SECI to consider lone bid for solar tender linked with manufacturing

Major players shied away from the bidding citing lack of funding push from the Centre, thereby reducing viability of solar manufacturing in India

SECI to consider lone bid for solar tender linked with manufacturing
Updated On : 21 Nov 2018 | 5:30 AM IST