Home » Solar

Category Archives: Solar

Statkraft testing solar in four nations including India

According to reports, Statkraft, Europe’s biggest generator of renewable energy, is running small tests of solar power in four countries to see the potential to diversify from hydro and wind power, chief executive Christian Rynning-Toennesen said. The Norwegian state-run firm, whose energy portfolio is about 97 percent based on renewables, is testing solar in Britain, Germany, Turkey and India, as part of efforts to promote clean energy and slow climate change, he told Reuters. “Solar power is expanding rapidly and ... Read More »

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 »

Essel Group forms JV with China’s J A Solar to set up manufacturing facility in India

According to reports, the Essel Group has entered into a joint venture agreement with J A Solar, China’s leading solar energy firm, to launch a solar cell and module manufacturing company in India. The Memorandum of Understanding (MoU) for setting up the joint venture company with an approximately 50:50 partnership and equity arrangement was signed between Essel Infraproject Ltd (EIL), the flagship infrastructure arm of the Essel Group and JA Solar (JAS). Essel Group was in Shanghai as part of ... Read More »

Dollar tariff for solar power on the anvil

According to reports, the Ministry of New & Renewable Energy (MNRE) is looking at a dollar-denominated tariff mechanism for solar power at grid parity (where the price is equal to or cheaper than grid power) as it gears up to reset the country’s solar mission target to 100,000 MW by 2022. Aware that the cost of electricity is a critical component whichever source it is generated from, Minister of State (Independent Charge) for New & Renewable Energy, Power, and Coal, ... Read More »

Scroll To Top