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Azure Power wins 46 MWs solar rooftop projects from Indian Railways

According to reports, Azure Power today said it has bagged from Indian Railways 46 MWs of solar rooftop projects spread across eleven states in India. The power purchase agreement (PPA) will be signed with Indian Railways for their respective zones and coach factory for 25 years, the company said in a statement. According to the statement, the average tariff for the project is Rs 4.63 (USD 7 cents) per kWh with an additional capital incentive of Rs 933.5 million (USD 14 ... Read More »

Solar energy reaches another milestone

According to reports, figures released by the Central Electricity Authority today show that the Indian solar energy sector crossed a milestone in January – generating over 10 billion units of electricity for the first time. In the April 2016-Januray 2017 period, solar power plants in India generated more than 10,565 million kWhr of electricity—roughly twice (5,726 million kWhr) as much as it did in the corresponding period of last year, albeit on a higher installed capacity base. It is pertinent ... Read More »

GOVT TO ENCOURAGE POWER THROUGH SOLAR ENERGY

According to reports, Central and State Governments are encouraging power production through solar energy. The programme of installing rooftop solar plants over the buildings of institutional areas is being comprehensively implemented across the State and the country. Under this scheme, orders for installation of solar power plants in 39 collector offices of the State have been issued by MP Urja Vikas Nigam. The 39 solar power plants to be installed in the 39 collector offices of the state would have ... Read More »

Vikram Solar ties up with Israels Water-Gen

According to reports, Vikram Solar today said it has signed an MoU with Israels Water-Gen to develop clean and hygienic drinking water solutions in the country. “The technology developed by Water-Gen to create and store drinking water by harvesting condensation from air, provides a potential solution to the clean and safe drinkable water crisis faced by India,” Vikram Solar said in a statement. According to the statement, the larger objective of this collaboration is to make available drinking water to ... Read More »

India’s solar power sector is getting commoditized: First Solar

According to reports, India’s solar power sector is becoming commoditized and margins are getting squeezed across the sector’s value chain, according to Sujoy Ghosh, country head of US-based First Solar Inc.’s India unit. First Solar, a US-based photovoltaic (PV) panel maker and one of the first overseas companies to enter India’s solar energy market, started selling solar modules to project developers in India in 2012 and counts the country as its second-largest market after the US in terms of total shipments. ... Read More »

Policy interventions behind solar tariff plunge

According to reports, the government’s policy interventions such as waiver of transmission and wheeling costs have helped solar tariffs plunge, power ministry’s joint secretary Jyoti Arora said at the Economic Times Global Business Summit. Solar tariffs have plunged below Rs 3 per unit at the latest auction in Madhya Pradesh, but experts were unanimous that the sector is capable of standing on its own feet with policy support from the government. “Hidden costs like the cost of transmission and balancing ... Read More »

Even as US rakes-up solar energy row with India, world panel producers eye market here for future business

According to reports, the WTO’s dispute settlement function has been a trustworthy mechanism for settling disputes between WTO members. It has run well, since WTO members have accepted rulings of the multilateral trade body on various disputes and amended domestic policies accordingly. But this may no longer be the case if some WTO members are ‘directing’ changes in domestic policies of other members following WTO decisions. The India-US solar power dispute is a pertinent case. Last year, India lost to ... Read More »

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