Panchabuta-Renewable Energy & Cleantech in India
solar
Local content norms for solar projects ineffective: First Solar
According to reports, emphasising that local content requirements for solar projects are “ineffective”, solar gear maker First Solar has said creating a transparent market with significant demand is the best way to promote local industry. The comments from US-headquartered First Solar come against the backdrop of the US dragging India to the World Trade Organisation (WTO) … Continue reading
India worried over WTO’s verdict on Ontario solar case
According to reports, the World Trade Organisation’s (WTO) recent ruling against Ontario’s domestic content requirements for renewable energy projects is setback for India, which is defending a similar case filed against it by the US. But the country has not given up hopes of a favourable verdict, as it believes that the finer details of its … Continue reading
More power to solar energy
According to reports, the government has received a white paper from the industry suggesting steps to enhance solar energy projects A demand for the creation of a separate window under the National Clean Energy Fund (NCEF) has been made by the industry. It may provide a boost to the country’s domestic solar energy projects by providing … Continue reading
Swelect Energy to set up 25 MW solar plant in Tamil Nadu
According to reports, Chennai-based Swelect Energy Systems plans to develop a 25 MW solar power project near Coimbatore. The NSE-listed company, formerly known as Numeric Power Systems, will own 10 MW. The rest will be sold off to interested parties, the company’s Managing Director R. Chellappan, told Business Line on Monday. Swelect will sell the power … Continue reading
Lack of clarity grounds Tamil Nadu government’s solar power plan
According to reports, though the Tamil Nadu government is coming up with incentives to encourage installation of rooftop solar power systems, lack of implementation of these policies is holding people back from solarising their buildings. Further to a bunch of incentives announced in the solar policy announced last October, the government recently announced an additional … Continue reading
Tata Power Renewable Energy may sell shares in unit next year
According to reports, Tata Power Co., the utility business of India’s largest business group, is considering an initial public offering of its clean-energy unit next financial year. The utility plans to increase wind and solar power capacity at Tata Power Renewable Energy Ltd. almost fivefold in the year to 31 March as the cost of renewable … Continue reading
