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Solar Power Companies

Solar power companies growing fast in Africa, where 600 mn without power

Companies that bring solar power to some of the poorest homes in Central and West Africa are said to be among the fastest growing on a continent whose governments have long struggled to address some of the world's worst infrastructure and the complications of climate change. The often African-owned companies operate in areas where the vast majority of people live disconnected from the electricity grid, and offer products ranging from solar-powered lamps that allow children to study at night to elaborate home systems that power kitchen appliances and plasma televisions. Prices range from less than USD 20 for a solar-powered lamp to thousands of dollars for home appliances and entertainment systems. Central and West Africa have some of the world's lowest electrification rates. In West Africa, where 220 million people live without power, this is as low as 8 per cent, according to the World Bank. Many rely on expensive kerosene and other fuels that fill homes and businesses with fumes a

Solar power companies growing fast in Africa, where 600 mn without power
Updated On : 05 Oct 2024 | 12:42 PM IST

Vikram Solar bags order from US-based firm for 350 MW project in Arizona

Solar energy solutions provider Vikram Solar on Tuesday said it has bagged an order from a US- company for a 350 MW power project. The order is for supplying solar modules for the project that will be located at Arizona in the US, a company statement said. The new order further strengthens Vikram Solar's presence in the US and is aligned to the company's commitment to accelerate the clean energy transition in this market, it said. "We are witnessing an increasing demand for high-quality Indian-made modules in the US aligned to the clarion call of diversifying sourcing policies. We are focused on further strengthening our market share in the US and cater to the utility, commercial as well as residential customers," Gyanesh Chaudhary, Vice Chairman and MD, Vikram Solar, said. According to the International Energy Agency, over next 4-5 years, the US has the potential of adding up to 20-25 GW of solar energy annually. Kolkata-based Vikram Solar specializes in efficient photovoltaic (P

Vikram Solar bags order from US-based firm for 350 MW project in Arizona
Updated On : 20 Sep 2022 | 12:45 PM IST

Lack of photovoltaic modules slows down projects in solar power sector

Sources said leading project developers, including state-owned NTPC, were not getting enough domestic suppliers for their tenders to procure solar modules

Lack of photovoltaic modules slows down projects in solar power sector
Updated On : 04 Sep 2022 | 11:26 PM IST

Central government to help domestic solar industry after sharp duty hike

The government may provide direct incentives to the producers of solar modules as it believes that tax cuts may lead to practical difficulties

Central government to help domestic solar industry after sharp duty hike
Updated On : 31 Aug 2022 | 1:37 PM IST

Drugmaker Cipla to buy 32.49% stake in AMP Energy Green Eleven

AMP Energy Green Eleven was incorporated on November 21, 2020, and is engaged in the business of generating and supplying electrical power generated using solar energy

Drugmaker Cipla to buy 32.49% stake in AMP Energy Green Eleven
Updated On : 04 Feb 2022 | 8:02 PM IST

Solar project companies queue up to cash in on pre-duty benefits

For a project bid in March, import of panels would take place between June and July 2021

Solar project companies queue up to cash in on pre-duty benefits
Updated On : 26 Mar 2021 | 6:10 AM IST

Solar funding sees a 25% drop but oil and gas firms among top acquirers

Oil and gas majors were the major acquirers of solar assets in 1H 2020 accounting for 45 per cent or about 6.5 GW of acquisitions during the period

Solar funding sees a 25% drop but oil and gas firms among top acquirers
Updated On : 08 Jul 2020 | 10:34 PM IST

Spain's Solarpack Corp quotes lowest tariff of Rs 2.36/unit for solar power

The tender floated by Solar Energy Corporation of India (SECI) is pan-India and the developer can set up a project anywhere in the country.

Spain's Solarpack Corp quotes lowest tariff of Rs 2.36/unit for solar power
Updated On : 01 Jul 2020 | 2:56 AM IST

Power engineers demand audit of privatised assets, impact on banks

Public sector technocrats oppose alleged privatisation of power supply channels

Power engineers demand audit of privatised assets, impact on banks
Updated On : 28 Aug 2019 | 5:03 PM IST

Madhya Pradesh govt, 2 solar firms in legal row

State cancels all solar projects of SkyPower

Madhya Pradesh govt, 2 solar firms in legal row
Updated On : 07 Sep 2017 | 1:11 AM IST