Tags: solar market

India’s solar capacity addition dipped to 12 per cent in 2019 from 8,338 MW

Country’s solar capacity addition dipped 12 per cent to 7,346 megawatts (MW) in the calender year 2019 from 8,338 MW in 2018, according to a report by Mercom India Research. While 2019 was a lost year for the country’s solar sector, Mercom India Research expects solar installations to rise by 17 per cent year-on-year (y-o-y) […]

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Coronavirus to affect solar business in near term: Sterling and Wilson

Shapoorji Pallonji group company Sterling and Wilson Solar Limited has said that the outbreak of coronavirus is expected to affect its business in the near term. Bikesh Ogra – Director and Global CEO, Sterling and Wilson Solar Limited in a regulatory filing said “We are constantly evaluating the current situation in China due to the […]

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GOGLA’s new report establishes huge positive impact of Solar on livelihoods in India

A recently released report by GOGLA, the global association for the off-grid solar energy industry, has established the huge positive impact of Solar Home Systems (SHS) on livelihoods in India. In times where the Government is looking to create more and more jobs to boost demand and with it the economy, the report titled Powering Opportunities in […]

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Govt set to privatise solar products manufacturer CEL, invites bids by March 16

The government is set to privatise Central Electronics Ltd, a CPSE under the Department of Science and Technology, by selling its 100 per cent stake with management control and has invited the Expression of Interest for the same by March 16. The selected bidder will be required to lock in its shares for a period […]

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India needs over 1000 GW of solar power capacity to replace coal mining jobs: Study

According to a study published in the journal, Environmental Research Letters, India would need over 1000 GW of solar power capacity to replace coal mining jobs. As the countries across the globe shifts its focus from fossil fuel to renewable energy, ensuring that coal miners find jobs locally in other industries is now a precondition. […]

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India needs to prioritise solar rooftop among residential, industrial users: WRI

India needs to prioritise solar rooftop among residential and industrial users for achieving its 100GW solar energy target by 2022, a report said. Demand aggregation mechanism’ could help accelerate energy efficiency and scale up the deployment of solar power in residential apartment complexes and MSMEs, according to the World Resource Institute (WRI) India. “For India […]

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NTPC gets letter of engagement from Tago for 300 MW solar projects

Tago announced NTPC Limited as the project management consultant for the development of nearly 300 MW of solar power projects. The Letter of Engagement of NTPC as PMC was handed over by Kondi Mani, Charge d’ Affaire, Embassy of Togo, New Delhi, to Gurdeep Singh, CMD (NTPC), in the august presence of R. K. Singh, […]

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ENGIE to sell 74 per cent stake in 12 solar assets in India

ENGIE and Edelweiss Infrastructure Yield Plus (EIYP) announce today a strategic partnership for solar assets in India. In line with both ENGIE’s and EIYP’s strategies, ENGIE has agreed to sell (once the transaction has closed in accordance with its terms) a 74% stake in 12 solar assets aggregating 813 MWp of operating capacity collectively to EIYP […]

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Qatar signs USD 470 mn deal to build first solar energy plant

Gas-rich Qatar signed a $470-million deal on Sunday to build its first solar energy plant, capable of meeting up to one-tenth of peak national power demand. The Al-Kharsaah plant, near the capital, is a 10-square-kilometre joint venture with French and Japanese partners due for completion in 2022 ahead of the football World Cup. “Eight times […]

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