The Indian Railways has finally announced plans to expand its presence in the solar power market with an aim to aid the government’s plan to have 100 GW operational solar power capacity by March 2022. The Ministry of Railways has launched a tender to set up 50 MW rooftop solar … [continued]
SunEdison is expected to continue its selling spree, as it looks to offload equity interest in a landmark solar power project in India. According to media reports, SunEdison is planning to sell its equity stake in a 500 MW solar power project that it secured rights to develop in the … [continued]
Buoyed by the sharp increase in solar power capacity addition in FY2015–2016, the Indian Government has set ambitious capacity addition targets for FY2016–2017 as well. The Ministry of New and Renewable Energy (MNRE) communicated the targets for the coming financial year in the annual union budget proposal tabled in the … [continued]
The north Indian state of Himachal Pradesh has set an ambitious target to enhance its solar power power infrastructure. The state of Himachal Pradesh is not the most sought-after location to set up solar power projects yet, but the government has set a target to install 700 MW of solar … [continued]
One of the largest solar power parks under India’s National Solar Mission will have provisions for storage as well. According to media reports, the Solar Energy Corporation of India (SECI) is expected to release a tender for a 750 MW solar power park at Ananthapuramu, in Andhra Pradesh. The solar … [continued]
The state government of Karnataka in India has received pledges for new solar power projects. At the recently concluded Invest Karnataka summit, two different entities pledged to add a total of 3 GW of solar power capacity in the state. Karnataka Solar Power Development Corporation stated its plans to set … [continued]
The world’s largest steelmaker, ArcelorMittal, has announced plans to set up a large-scale solar power project in India. ArcelorMittal has backed out of plans to set up a 6 million tonne steel mill in the southern state of Karnataka. The company will instead set up a 500-600 MW solar power project … [continued]
SunEdison, the US-based renewable energy developer, recently reported an expansion of its installed capacity base in India. SunEdison reported, earlier this month, that it commissioned 146 MW of solar power capacity across three states in India. The company did not report if these projects were commissioned under any state solar … [continued]
The Indian Ministry of New & Renewable Energy will seek a budgetary allocation of more than twice the amount it received in last year’s budget. According to Indian media reports, the Ministry of New & Renewable Energy has sought allocation of Rs 10,000 crore (around $1.5 billion) in the budget … [continued]
Huge budgetary allocation for promotion of solar power can be expected in the upcoming financial budget to be announced by the Indian government later this month. According to media reports, the government may consider earmarking financial as well as non-financial support for 3 GW of solar power capacity in the … [continued]
