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Daily Archives: March 1, 2013

Kiran Energy commissions 55 MW solar plant in Rajasthan under the National Solar Mission

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Kiran Energy has announced commissioning of its 55MW DC solar photovoltaic power project in Rawra village, Phalodi Tehsil of Jodhpur district in Rajasthan. The projects were set up under the second batch of Jawaharlal Nehru National Solar Mission (JNNSM), with three power purchase agreements with NVVN. The projects are undertaken in subsidiaries of Kiran Energy and in Kiran’s 74% joint venture with Mahindra & Mahindra. The plant is spread over 450 acres and is co-located with their 5MW project of ... Read More »

No barrier to India business, says US solar firm

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According to reports, in the background of the US government taking India to the World Trade Organisation over India’s ‘local content requirements’ for solar power plants set up under Government of India programmes, US company First Solar has said it is not too bothered by such local content requirements. (The government has mandated local content requirements for projects set up under the Jawaharlal Nehru National Solar Mission.) First Solar, which makes thin-film technology based solar cells and modules, and has about ... Read More »

Rs 162.5 million for Chandigarh solar city project

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According to reports, a sum of Rs 16.25 crore has been allocated to UT administration for implementation of Model Solar City Programme. Ministry for new and renewable energy has already chosen Chandigarh as one of the cities to be developed into a solar city. Six rooftop solar photovoltaic power plants have been set up with power generation capacity of 975KW. Though, The Energy and Resource Institute (TERI) had chalked out the broad outline in 2009, work on ground could not begin ... Read More »

Budget 2013: Govt eyes more investments in energy sector

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According to reports, electricity generated from imported coal will become costlier by around 3.5 paise a unit after finance minister P. Chidambaram on Thursday removed duty concessions granted in last year’s budget. Instead, he imposed an equal duty on different types of coal imported for electricity generation in the budget for 2013-14. This follows an increase in railway freight rates for coal announced on Tuesday. However, to attract investments to energy projects that are capital-intensive, such as power generation plants and ... Read More »

India’s February Demand for Clean-Energy Credits Weakens 34%

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According to reports, demand for renewable-energy credits in India declined 34 percent in February from the previous month as regulators failed to enforce clean-energy targets for companies. Credits sold for 1,500 rupees ($27) each, the floor price set by the regulator, according to REConnect Energy Solutions Pvt., an Indore-based trader said. Of the total 2 million renewable credits available in the market, REConnect recorded a total 153,629 bids for solar and non-solar credits. “Regulators and regulations continue to lose relevance as ... Read More »

Extra support to power big growth in clean energy in India

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According to reports, The Union budget 2013-14 proves to be overall positive for renewableenergy sector. While the wind power sector is happily looking forward to next growth trajectory, solar segment is little disappointed for not hearing anything to boost domestic manufacturing. But, other support measures, such as low interest loans and extension of tax exemption are to give a fillip to the entire clean energy sector. Wind power sector saw fall in investments and capacity addition last year, after the lapse ... Read More »

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