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Meghalaya govt to start micro grid systems in select villages

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According to reports, the Meghalaya government will provide micro grid systems in some villages in the state where power will be generated using renewable resources and energy thus saved will be routed to industries, Chief Minister Mukul Sangma said today. “We have identified certain villages in the state where there is a possibility of them being delinked from the main grid after they are provided with renewable power,” Sangma said while addressing a national seminar on how power sector impacts ... Read More »

Tata group undertakes investment in Swiss solar company

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According to reports, Tata group has invested in a Swiss start-up solar company as several companies from the European country vie for a share in the Indian solar energy market which is seen as having a huge potential due to its growing energy needs. “Tata is an investor in Flisom and has a significant investment in the company,” Chief Operating Officer of Flisom Sudheer Kumar said speaking at the company’s research office in Dubendorf here. Asked about the Tata share ... Read More »

Little over 36,000 RECs find buyers on IEX this month

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According to reports, reflecting sluggish demand, just over 36,000 renewable energy certificates were sold this month on the Indian Energy Exchange whereas nearly 50 lakh such certificates were up for sale. During the session on IEX yesterday, as many as 36,411 non-solar RECs were traded while those in the solar segment touched just 232. Trading in RECs take place in the country’s power exchanges on the last Wednesday of every month. “In the non-solar segment, 36,411 buy bids and 47,66,941 ... Read More »

Narendra Modi government pushes for walk the talk on solar energy

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According to reports, Governments in India are often seen exhorting people to adopt renewable power and save energy but now the NDA government wants to walk the talk on the issue. The union ministry of new and renewable energy (MNRE) has asked all the union ministries and public sector units to adopt solar energy and install rooftop solar units to not just save energy but inspire the common man too. A letter in this regard was sent by MNRE secretary ... Read More »

SunEdison to chalk out strategy for solar water pumps

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According to reports, in a bid to reduce power subsidy outgo of about Rs 6,500 crore annually, the state government inked an MoU with SunEdison on Tuesday to shift electric and diesel water pumps used for irrigation to solar power systems. Currently, there are about 10 lakh water pumps in the state used by farmers who pay subsidized rates of 90 paisa per unit of power. The irrigating pumps account for much of this consumption and the government is planning ... Read More »

SunEdison signs 5 GW MoU with Rajasthan for Solar PV plants

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SunEdison, Inc., today signed a Memorandum of Understanding (MOU) with the Rajasthan Government aimed at developing Rajasthan as the global hub for solar energy.  SunEdison intends to establish 5 GWs of capacity in the form of multiple Mega Solar Projects, with the expected capacity of each Mega Solar project 500 megawatts (MW) or more. The MOU comes at an opportune time following the new Solar Policy announced by the Government of Rajasthan, which aspires to create 25 GW of solar ... Read More »

Acme, First Solar Submit Lowest Bids in India Auction

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According to reports, U.S. panel maker First Solar Inc. (FSLR) and Acme Solar Energy Pvt. were poised to win licenses to build plants in southern India after pledging to sell power at rates about one-third cheaper than the global average. Tempe, Arizona-based First Solar bid to sell electricity for as low as 5,250 rupees ($86) a megawatt-hour, while Acme offered to supply for as low as 5,637 rupees a megawatt-hour, according to a list of qualified bids issued by the ... Read More »

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