The latest solar power auction in one of India’s most favored states to set up large-scale solar power projects has witnessed a sharp cut in tariff bids placed by project developers.
Just over 18 months after Acme Solar Holdings quoted India’s lowest-ever solar power tariff, the company announced that it fully operationalized the project in a remote desert area in the state of Rajasthan.
Three of these states (Tamil Nadu, Telangana, and Andhra Pradesh) have been leading in terms of fresh capacity added this financial year, data up to 31 October 2016 released by the Ministry of New & Renewable Energy shows.
India’s solar power sector achieved yet another milestone as the government continues to push for its ambitious 100 GW installed capacity target by 2022. The Ministry of New and Renewable Energy has announced that the total grid-connected solar power capacity in India has crossed the 8 GW mark at the … [continued]
More public sector companies in India are now exercising the directions of the Central Government to step-up on the development of large-scale solar power projects. The Neyveli Lignite Corporation (NLC), a lignite mining company in India, has floated a global tender for the development of solar power projects with total … [continued]
Originally published on Solar Love. The rate at which solar power plants in India are coming online seems attractive enough for investors to continue to pour in money into the sector. According to the latest figures shared by the Ministry of New & Renewable Energy (MNRE), more than 500 MW … [continued]
Originally published on Solar Love. Solar power technology in India is increasing at a much faster pace than other renewable energy technologies. According to the Ministry of New & Renewable Energy, solar power has now become the third largest renewable energy technology in India in terms of installed capacity. Installed … [continued]
By the end of this year India may break into the top 10 solar power markets, in terms of installed capacity, as the South Asian giant has now crossed 4 GW of installed solar power capacity. India’s Ministry of New & Renewable Energy (MNRE) has reported that the country now … [continued]
Adani Power, one of the leading private power generation companies in India, has signed an agreement to set up the country’s largest solar power park. Adani Power has entered into an agreement with the state government of Rajasthan to set up a 10 GW solar power park, with the entire … [continued]
One of India’s largest industrial conglomerates, Essel Group, has entered into an agreement with the Rajasthan government to set up 5 GW of solar power capacity. Essel Group and the state government of Rajasthan announced that the two have entered into an agreement to set up a joint venture company … [continued]
