Tags: solar news

IFC finance for Thar Surya solar, SwitchON Foundation, Larsen & Toubro, Sakaka IPP PV, ReNew Power

This week’s Solar News Wrap includes:-IFC finance for Thar Surya solar, SwitchON Foundation, Larsen & Toubro, Sakaka IPP PV, ReNew Power and more IFC proposes $50million debt finance for Thar Surya solar power project International Finance Corporation plans to debt finance the construction of Thar Surya 1 Pvt Ltd’s 300 MW solar power project in […]

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Union Cabinet approves Rs 4,500 crore PLI scheme to boost domestic solar manufacturing

The Union Cabinet has approved a Rs 4,500 crore production-linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules. The PLI scheme is aimed at adding 10,000 MW manufacturing capacity of integrated solar PV modules entailing direct investment of Rs 17,200 crore. The PLI scheme is likely to create direct employment of […]

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Basic custom duty effect – Solar tariff likely to rise in near term says ICRA

Because of imposition of basic custom duty on equipment, solar power tariffs may rise in near term ,though they would remain cost competitive for the off-takers, ICRA Ratings said on Wednesday. ICRA”s outlook for renewable energy (RE) sector is ”Stable” because of factors such as continued policy support from the Government of India, large growth […]

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BCD on Solar Cell and Modules to cost Rs 900 crore to discoms annually: Ind-Ra

India Ratings and Research (Ind-Ra) in a report said that Government’s decision to levy basic customs duty (BCD) on solar cells and modules from April 1 2022 will lead to increase in solar power tariff rates and create additional risk for domestic manufacturers in incurring significant capex, according to. Further, it would reduce the overall […]

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Italy joins ISA, AGEL acquire SkyPower asset, Waaree Energies SP1A ranking, BHEL tender for solar value chain and more

This week’s Solar News Wrap Includes Italy joins ISA, AGEL acquire SkyPower asset,  Waaree Energies SP1A ranking, BHEL tender for solar value chain, USAID and DFC loan for rooftop solar and more Italy joins International Solar Alliance Italy on Wednesday joined International Solar Alliance (ISA) upgrading its partnership with India in a year that coincided […]

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Gautam Mohanka, Managing Director, Gautam Solar

Gautam Solar, one of the leading Solar Manufacturer providing a wide range of domestic and industrial solar products & solutions all over the country. The company innovates and develops solar products that are tailored to the needs of the Indian customer. The company’s  vision is to make India a World Leader in Solar off-grid. The organization […]

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India’s new net metering limit risks stalling progress on rooftop solar target: IEEFA

A new regulation that excludes rooftop solar systems over 10 kilowatts (kW) from net metering will stall adoption of larger installations in India, undermining progress towards the government’s rooftop solar target of 40 gigawatts (GW) by 2022. This is according to a new briefing note from IEEFA and JMK Research & Analytics that says a provision in […]

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PM dedicates 50 MW Kasaragod Solar Project, World Solar Bank at COP 26, PLI scheme for solar to spur INR 14000-cr investment and more

This week’s Solar News Wrap includes PM dedicates 50 MW Kasaragod Solar Project, World Solar Bank at COP 26, PLI scheme for solar to spur INR 14000-cr investment and more Prime Minister dedicates 50 MW Kasaragod Solar Power Project implemented by THDC India Ltd. to the Nation The Prime Minister, Narendra Modi inaugurated POWERGRID’s 320 […]

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PM Modi to dedicate 50 MW Kasaragod Solar Power Project to the nation on Friday

Prime Minister Narendra Modi will inaugurate and lay the foundation stone of key projects of power and urban sector in Kerala on 19th February 2021 at 4:30 PM via video conferencing. Chief Minister of Kerala, along with Union Ministers of State (I/C) for Power and New & Renewable Energy, and Housing & Urban Affairs, will […]

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Jalandhar gets first of its kind Solar-based water supply project

First-of-its-kind solar-based water supply project has been set up by Punjab’s water supply and sanitation department at Jagrawan-Muradpur and Talwara villages of the Jalandhar district. An official spokesperson speaking to PTI said besides installing 150-metre deep tube-wells, 25,000 litres capacity water tanks have also been constructed to provide piped water supply to every household in […]

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