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Solar panels reduce bills by 50%: Delhi power minister Satyendar Jain

By : Sustainability ..., Nov 22, 2019

Under the Mukhyamantri Solar Power Yojana, Delhi government’s flagship scheme launched in 2018, 146 MW solar capacity has been achieved in 2,900-odd installations that has helped reduce 500 tons CO2-eq emissions daily, Delhi power minister Satyendar Jain said. “Immediately...

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Solar developer can set up higher generation capacity than contracted: MNRE

By : Sustainability ..., Nov 7, 2019

The renewable energy ministry on Wednesday clarified that solar energy developers can install additional direct current (DC) capacity which can be higher than the contracted alternate current (AC) capacity. Developers convert DC into AC for supplies to discoms. In some cases...

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Fortum plans to set 300 MW solar power units in India per year

By : Sustainability ..., Sep 27, 2019

Fortum India, a unit of the €5-billion Finland-based Fortum Oyj, plans to set up 300 MW of solar power capacity each year in India for the next five years, taking its total installed capacity to over 2,100 MW. The investment will be about ₹1,300 crore per year, totalling...

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India leads with cheapest renewable power in Asia Pacific, followed by Australia

By : Sustainability ..., Jul 30, 2019

India- the second-largest power market in the Asia Pacific region with an installed generation capacity of 421 GW – has emerged as the lowest-cost producer of renewable energy in the area. “The...

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Gujarat tops India in rooftop solar power generation capacity

By : Sustainability ..., Jul 24, 2019

Gujarat has emerged as the state with the most rooftop solar panels installed. According to data tabled in Rajya Sabha on Tuesday, Gujarat has an installed rooftop solar power capacity of 261.97...

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Discussed with states road map to achieve 175 GW renewable energy capacity: Power minister

By : Sustainability ..., Jun 12, 2019

Union minister R K Singh Tuesday held a meeting with ministers and officials of renewable energy-rich states and discussed with them various issues facing the sector and ways to achieve the...

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Petronas of Malyasia buys Amplus Energy in ₹2,700 crore deal

By : Sustainability ..., Apr 16, 2019

Malaysia’s state-run oil and gas company, Petroliam Nasional Bhd or Petronas on Monday said it has acquired Amplus Energy Solutions Pvt. Ltd, one of India’s largest rooftop solar power producers...

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India solar panel prices continue to fall on 25% y-o-y dip in global rates

By : Sustainability ..., Mar 29, 2019

Despite the safeguard duty imposed on imports from China, Malaysia and the West, effective July 2018, solar panel prices continued to fall in the domestic market, as a 25% year-on-year fall in...

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ADB offers $50m to Avaada to push PV in India

By : Sustainability ..., Mar 22, 2019

The ADB will draw upon its Ordinary Capital Resources, as well as Leading Asia’s Private Sector Infrastructure Fund (LEAP), to facilitate the planned investment, according to an online statement...

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Nabard to back green project

By : Sustainability ..., Mar 4, 2019

The National Bank for Agriculture and Rural Development (Nabard), in its capacity as Direct Access Accredited Entity of Green Climate Fund (GCF), said it will support a proposal by Tata...

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