Page 13 - Solar Power

Artha Energy launches Fintech platform for investing in Renewable assets

Firm says this is first such fintech platform for HNIs to own and invest in renewable assets; the facility already has assets worth Rs 7 crore which includes four projects

North Central Railway generates 94 lakh units of energy using solar power

The productivity of solar plants in North Central Railway (NCR) is registering an upward trajectory by generating 94 lakh units of energy.According to the information given by North Central Railway, comparing to generated 81 lakh units of energy using solar power during April-December 2020-21, this year 94 lakhs units of energy have been generated using solar power in the same period, an improvement of 16 per cent over last year.It is a big leap towards a larger goal of environmental protection as solar energy is a greener source of energy, and also led to substantial savings in revenue too.The official statement read that NCR has achieved a net revenue saving of 3.82 crores using solar power during April-December 2021.As per the information, NCR has a total installed capacity of 11.03 MWp. While 120 kWp has been installed by the Railway, the remaining 10882.34 kWp capacity has been installed by two major Solar Power Developers (SPD) Azure and ReNew on a PPP basis.Among the major ...

Haryana is leading state in solar pumps installation: Manohar Lal Khattar

Khattar provided solar pumps to the farmers during an inauguration programme held through videoconferencing from Chandigarh

Solar open access installation rises 2-fold to 307 MW in July-Sept: Report

Maharashtra, Gujarat and Karnataka accounted for 11 per cent, 10 per cent, and 7 per cent of the installations

Bring home the power of the sun and save big on electricity bills

Though expensive initially, rooftop solar installations usually pay for themselves in seven years max. Any power that they generate after that is free for the next 18 years

India's solar capacity addition jumps over three-fold to 7.4 GW in Jan-Sep

The solar energy generation capacity addition rose 335 per cent to 7.4 GW in the January-September period this year from 1.73 GW a year ago, said Mercom India Research

Solar projects of 107 GW either installed or under implementation: Minister

Solar energy generation projects totalling 107.46 GW are either installed or under various stages of implementation or tendering, Parliament was informed on Tuesday. India had set a target of having 100 GW of solar energy by 2022. "... a total of 107.46 GW solar energy capacity has either been installed or under various stages of implementation or tendering," Power and New & Renewable Energy R K Singh said in a written reply to the Rajya Sabha. The minister informed the House that a total of 46.25 GW of grid connected solar energy capacity has been installed in the country as of October 31, 2021. Further, a total of 36.65 GW capacity is under various stages of implementation and 24.56 GW capacity has been tendered. He also told the House that 7,555.16 MW of renewable energy capacity has been added during the current fiscal till October 31, 2021. India has added renewable energy capacity of 7,866.13 MW in 2020-21 and 9,061.26 MW in 2019-20. In a separate reply to the House, the ..

Tata group likely to set up Tamil Nadu solar cell plant, invest Rs 3,000 cr

State seeks to have 25 GW of renewable energy capacity by 2030, become investment destination in sector.

Glasgow COP26: Riding on 450 GW, India to ask for more carbon space

Fissures between developed and developing world expected to widen

India, UK to launch solar Green Grids Initiative at COP26 climate summit

India and the UK are set to enhance their International Solar Alliance (ISA) partnership with the launch of a new Green Grids Initiative connecting different parts of the world

Solar power tariffs may rise next fiscal on increased taxes, says report

The government recently increased GST on critical components of a solar project such as photovoltaic cells and modules from 5 per cent to 12 per cent with effect from the beginning of this month.

India most cost-effective globally in rooftop solar power: Report

Rooftop solar photovoltaics account for 40 per cent of the global solar photovoltaics installed capacity and one-fourth of the total renewable capacity additions.

Reliance New Energy Solar to invest in NexWafe as strategic lead investor

Reliance, through this partnership, will secure access to NexWafe's proprietary technology and plans to build large-scale wafer manufacturing facilities in India using NexWafe processes and technology

RIL's renewable energy arm buys REC Solar Holdings in $771 mn deal

Target is one of world's top solar cells/panel and polysilicon firms, will be key part of Reliance's new energy vision

Adani Group to triple solar power generation capacity in 4 years

Gautam Adani said over the next decade, his group would invest over $20 billion in renewable energy generation.

Solar open access installation rises nearly 7-fold in April-June: Report

Cumulative solar installations in the open-access market have now surpassed 4.5 GW as of June 2021: Report

India adds record high rooftop solar capacity of 521 MW in April-June

India has added 521 MW of rooftop solar capacity in April-June this year, which is the highest capacity installed in a quarter, according to Mercom India report.

Coal India arm Eastern Coalfields installs 250 kW rooftop solar project

Eastern Coalfields Ltd, a subsidiary of Coal India, has commissioned a 250-kilowatt rooftop solar power project, ramping up its total installed solar rooftop capacity to 692 kW

Venkaiah Naidu urges Centre, state govts to go for solar power in buildings

Says installation of rooftop solar power plants could also be made mandatory

Direct green power instead of grid-fed could help railways more: Study

According to the study, around a quarter of this new solar capacity - up to 5,272 MW - could be fed directly into the railway's overhead lines