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Panasonic's Indian subsidiary eyes Rs 500-cr revenue from solar business

By : Sustainability ..., Jan 13, 2020

Japan-based Panasonic Corporation's Indian subsidiary Panasonic Life Solutions is eyeing Rs 500 crore revenues from its solar business in the next 3-4 years, with focus to become a leading rooftop EPC player. Panasonic Life Solutions India, earlier known as Anchor Electricals...

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Gujarat spent less than 5% of Rs 1,048 crore budget allocated for climate change

By : Sustainability ..., Dec 30, 2019

Gujarat was the first state in India to constitute a climate change department in 2009. A decade later, its performance has been rather dismal. Of the Rs 1,048.26 crore allocated in the 2019-20 budget to the department that was the brain-child of the then chief minister...

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Gujarat: Vadodara leads in solar rooftop power applications

By : Sustainability ..., Sep 27, 2019

Barodians are becoming quick to embrace renewable energy. State energy minister, Saurabh Patel revealed on Thursday that Vadodara tops the list of cities in Gujarat that have registered for the rooftop solar installations recently re-launched by the Gujarat government. Since...

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Ten-fold growth in rooftop solar installation required to reach 40 GW target: MNRE

By : Sustainability ..., Sep 6, 2019

India’s cumulative rooftop solar installation needs to grow 10-fold in order to achieve the 40 gigawatt (GW) capacity target by 2022, according to a latest report by the Ministry of New and Renewable Energy (MNRE). The report added that as of March 2019, the rooftop solar...

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MNRE launches State Rooftop Solar Attractiveness Index

By : Sustainability ..., Aug 22, 2019

Power and renewable energy minister, R K Singh, today launched the State Rooftop Solar Attractiveness Index (SARAL) to evaluate states based on their attractiveness for rooftop development. It...

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Avaada Energy to set-up 2 GW open access solar power plants in 5 states

By : Sustainability ..., Jul 25, 2019

Serial entrepreneur Vineet Mittal-led Avaada Energy is in the process of implementing two gigawatt (GW) of open access solar plants in Maharashtra, Tamil Nadu, Haryana, Karnataka, and Odisha,...

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Solar rooftop company ZunRoof enters three new cities

By : Sustainability ..., Jul 24, 2019

Solar rooftop firm ZunRoof today announced the launch of its operations in three new cities – Chennai, Hyderabad and Kochi – where it will offer solar rooftop solutions to residential consumers...

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Assam utility opens single window clearance for solar rooftop installations

By : Sustainability ..., Jul 22, 2019

Public sector power utility, Assam Power Distribution Company Limited (APDCL) has come up with a single window clearance system for accelerating deployment of Grid Connected Solar Rooftop...

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Renewables sector awaits a multi-pronged policy to resume strong growth trajectory

By : Sustainability ..., Jun 6, 2019

As the renewable energy sector faces a slowdown, industry representatives and experts seek a multi-dimensional policy framework from the new government to restore market confidence and put the...

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GIP in talks to buy RattanIndia solar power assets for $300 mn

By : Sustainability ..., Apr 26, 2019

Leading infrastructure investor Global Infrastructure Partners (GIP) is in advanced negotiations to buy the solar portfolio of...

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