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Ex-MNRE Secy Upendra Tripathy to be ISA Director General

According to reports, former New and Renewable Energy Secretary Upendra Tripathy has been appointed as the full-time interim Director General of International Solar Alliance. “Piyush Goyal, Union Minister for Power, Coal, New and Renewable Energy and Mines, and Ms Segolene Royal, Minister for Environment, Energy and Marine Affairs, Government of France, jointly decided to appoint Upendra Tripathy, as the Interim Director General (IDG) of the International Solar Alliance (ISA) on a full-time basis. Tripathy was secretary Ministry of New and ... Read More »

Solar power bids unsustainable: Bridge to India Bridge to India

According to reports, consulting firm Bridge to India has termed the recent low winning bids for solar power projects in India “unsustainable” and warned that “inadequate risk pricing poses a severe viability challenge for the sector”. The warning comes after solar power developers last month bid as low as Rs2.97 per kilowatt hour (kWh) for a 750-megawatt (MW) project at Rewa in Madhya Pradesh. The winning bid offered a so-called levelized tariff—the value financially equivalent to different annual tariffs over ... Read More »

Can solar power hold the cheapest electricity tag?

According to reports, when it comes to solar, 2016 had been a remarkable year. For the first time solar out-performed fossils fuels on a large scale, thus emerging as the cheaper source of electricity than burning coals in many parts of the world. In addition to this, solar projects are turning out to be cheaper than wind power as well. With this current rate, it could very well be the lowest-cost power option in the world in less than a ... Read More »

Govt frames solar scheme to promote powerloom sector

According to reports, the government today said it has formulated a scheme to provide incentives and concessions to loom weavers to utilise solar energy to increase production. Minister of State for Textiles Ajay Tamta said that for the development of the powerloom sector, the government has formulated the Solar Energy Scheme. “The scheme will come into force from April 1,” he said in a written reply to the Lok Sabha. Under the scheme, the government will provide financial assistance and ... Read More »

Telangana will shine bright with solar power: Power Minister

According to reports, Minister for Power G Jagadish Reddy on Saturday slammed the Opposition for trying to malign the image of the government. The Opposition accused the government of not taking steps for increasing power generation. During the question hour in the Assembly, Jagadish Reddy strongly criticised the Opposition’s remarks and said that state had set a target to generate 2,000 MW solar power by December this year. He said the Telangana state, which holds second place with 1,300 MW after ... Read More »

TEDA bids for 50 MW solar power

According to reports, Tamil Nadu Energy Development Agency (TEDA), the State nodal agency for promoting renewable energy, is bidding in Tangedco’s tender for procuring 500 MW of solar power. TEDA has bid for 50 MW capacity in the tender at a price of ₹4.44 per kilo watt hour, making it the second highest in terms of capacity. Rays Power Infra Pvt. Ltd had bid for ₹4.40/kwh for setting up 100 MW capacity, which was the lowest bid against its benchmark ... Read More »

First Solar may sell about 200MW of assets in India

According to reports, American solar panel maker First Solar is exploring the sale of almost 190-200 megawatts (MW) of its solar power assets in India, two people aware of the development said. First Solar is a leading global provider of comprehensive photovoltaic (PV) solar systems and has supplied solar panels worth over 17 gigawatts (GW), globally, according to the company’s website. “First Solar India has been contemplating to monetize its solar power assets of around 190-200 MW and they are ... Read More »

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