Author: Anand Upadhyay

India Announces 1,300 MW Solar Projects To Support Domestic Manufacturers

Close on the heels of announcing Ultra Mega Solar Power projects of 21,000 MW, The Cabinet Committee on Economic Affairs (India) has approved another scheme for installation of 1,000 MW of grid-connected solar power projects by Public Sector Undertakings (PSU) and government organisations. This capacity is planned to come up during 2015–2018, and will … [continued]

Indian Cabinet Clears Over 20 GW Ultra Mega Solar Projects (In Depth)

Taking inspiration from Gujarat’s Charanka Solar Park, during the 2014–15 financial budget, India’s Finance Minister had amongst other things announced a fund of Rs5 billion ($80 million) in order to promote Ultra Mega Solar Power Projects (UMSPP) across states with good solar potential. Accordingly, the Ministry of New and Renewable Energy (MNRE) had prepared a draft scheme for … [continued]

Falling Oil Prices Will Not Bother Solar

About two weeks back, the OPEC (Organization of the Petroleum Exporting Countries) oil producers’ cartel decided not to cut output at its meeting in Vienna. Since then, oil prices have plummeted to a record five-year low. Saudi Arabia, the world’s largest oil exporter and OPEC’s most influential member could potentially support … [continued]