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Mercom Capital raises solar energy forecast for India to over 2 Gw for 2015

According to reports, Mercom Capital Group, a global clean energy communications and research firm, forecast for solar installations in India for CY 2015 now stands at greater than 2,000 Mw due to positive developments in states and renewbale getting priority lending status from RBI. The report said the Modi administration has continued to announce various solar programs, goals and policies during its one year in office, but has yet to call an auction. According to the Ministry of New and ... Read More »

Central team visits solar power parks’ sites

According to reports, a central team visited the proposed solar power parks in Kasaragod on Tuesday. The Solar Energy Corporation of India (SECI) will be setting up the parks with the cooperation of the KSEB and over 100 acres have been identified in Meencha, Paivalige, Kinanoor, Karinthalam and Ambalathara villages. The plan is to give the land on lease to KSEB, where SECI would set up the plant. The power would be given to the KSEB for distribution. The team ... Read More »

DSM appoints Vivek Chaturvedi as Country Manager for solar business

According to reports, global life and materials sciences firm Royal DSM today appointed Vivek Chaturvedi as Country Manager for the company’s solar business in India. Chaturvedi will lead the expansion of DSM’s solar activities in India, which has been identified by the company as one of the growth markets for its solar business, chiming with the Indian governments’ focus on this sector, Royal DSM said in a statement. Read More »

Former CEO of Tata Power Solar joins Sumant Sinha’s ReNew Power

According to reports, Sumant Sinha-promoted ReNew Power Ventures has announced the appointment of Ajay K Goel as President, Solar and Chief New Businesses. Goel was earlier Chief Executive Officer at Tata Power Solar and has also worked with SunEdison, Brightsource Energy and McKinsey. In his new role, Goel will be responsible for building new businesses on the distribution side of the solar sector and would focus on the commercial, industrial and residential segments. “This will entail creating end-to-end innovative solutions ... Read More »

EPDCL targetting 100MW rooftop solar power units

According to reports, Visakhapatnam MP Kambhampati Hari Babu on Saturday said that the Eastern Power Distribution Company of AP Limited (APEPDCL) has set a target of installing 100MW rooftop solar power units in Greater Visakhapatnam Municipal Corporation (GVMC) limits to make the city a role model in the country. Solar power units will be set up at the household level under the net-metering project of APEPDCL. Addressing an interactive meeting on the promotion of rooftop solar power units at the ... Read More »

Indore railway station gets 20 KW solar power plant

According to reports, with an aim to conserve power, a 20-KW solar power plant was inaugurated today at the Indore railway station here. The solar powered grid plant of 20-KW capacity was today inaugurated by Indian Container Corporation Limited Managing Director Anil Kumar Gupta. With the help of corporation, a total of 100 KW solar power plants were established in Chiitorgarh, Neemuch, Ratlam and Indore which resulted in the saving of Rs 12 lakh per year on energy charges, Western ... Read More »

NTPC to buy 15,000MW of solar power through reverse auction

According to reports, as part of the National Democratic Alliance government’s green energy push, state-owned NTPC Ltd will call for bids from solar project developers for buying 15,000 megawatts (MW) on behalf of the ministry of new and renewable energy (MNRE). This is in addition to NTPC’s plans to set up 10,000 MW of solar power capacity on its own. NTPC will run a reverse bidding process for procuring solar-powered electricity in dollar-denominated tariff to reduce risk. It will provide ... Read More »

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