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    ‘It’s land acquisition that takes time’

    According to reports, Sujoy Ghosh, Country-Head, First Solar, and part of the US major First Solar Inc., in a freewheeling interaction with BusinessLine says size of solar projects and pace of implementation could get much faster when it comes to solar parks. Excerpts: How do you see the Indian solar PV market going forward in terms of installed capacity? We have come a long way over the past four years with the capacity having touched 4000 MW this March and ... Read More »

    Solar power installed capacity crosses 4 GW-milestone

    According to reports, grid-connected solar power installed capacity has crossed the 4 GW-mark, according to data released by the Ministry of New and Renewable Energy. Against a target of 1,400 MW for 2015-16, the achievement in the first four months of the financial year was 358 MW, or 25 per cent. On the basis of projects awarded in the recent months, both under the federal and States’ schemes, solar industry experts are confident that installations in the current year will ... Read More »

    Inox Wind bags 100 MW order from OSTRO Energy

    According to reports, Inox Wind, India’s leading wind energy solutions provider has bagged an order for a 100 MW wind power project at Lahori, in the state of Madhya Pradesh from Ostro Energy. The company will supply and install 50 units of its advanced 2MW DFIG 100 rotor dia Wind Turbine Generators (WTGs) for Ostro Energy, on a turnkey basis. The 100 rotor dia WTG has one of the highest swept areas, that makes it ideally suited to maximize returns, ... Read More »

    NTPC eyes dollar bidding to make solar power cheap

    According to reports, State-run generation utility is considering dollar-denominated tariff to bring down cost of power from its solar projects to less than Rs 5 per unit, the lowest that promoters have bid for a project being set up by the Madhya Pradesh government. “NTPC is selling solar power at Rs 3.50 a unit, which is currently the lowest in the market. There could be dollar-denominated bidding and the price may come down to Rs 4.50 or so,” company chairman ... Read More »

    Cricket association to harness solar power at proposed stadium in Mangaluru

    According to reports, the new stadiums that the Karnataka State Cricket Association (KSCA) has proposed in Mangaluru and other parts of the State will be green stadiums where solar power will be harnessed, KSCA honorary secretary Brijesh Patel has said. He was here on Sunday to take part in the launch of the team jersey of Mangalore United team for the KPL 5th edition. Mr. Patel said that work was on to harness 1.3 MW of solar power at the ... Read More »

    Need for integrated energy planning

    According to reports, the Ministry of New and Renewable Energy (MNRE) recently revised India’s renewable energy (RE) capacity target to 175 GW for 2021-22. Of this, 100 GW is planned from solar, 60 GW from wind, 10 GW from biomass and 5 GW from small hydro power projects. While these announcements have caught global attention, it would be wise to pause and understand the implications of such an ambitious target. The current total installed capacity of power generation in India ... Read More »

    India seeks SoftBank push for Modi’s solar goal

    According to reports, India has closed bids for a third of its target of tendering 15,000 megawatts (MW) of solar projects this fiscal year, a government official said, and is expecting interest from investors such as SoftBank (9984.T) to lift the industry. The tenders are part of Prime Minister Narendra Modi’s ambitious plans to raise solar capacity five fold to 100,000 MW by 2022 to meet India’s growing power needs, create jobs and fight climate change without committing to an ... Read More »

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