Sachin Tendulkar bats for solar, plays straight drive by lighting up rural areas in India
The Bharat Ratna awardee and India’s most beloved cricketer, Sachin Tendulkar has collaborated with Schneider Electric for its “Spreading Happiness in Diya Foundation (SHIF)” campaign with solar home lighting systems.
Indian renewable power developers queue for initial public offerings
It is expected that more and more Indian developers will be listed on IPOs in the coming years as an effective means to raise the equity for new power projects.
IREDA lists $300 million bond on London Stock Exchange
Net proceeds from the bond will be used to finance the construction of several large-scale solar and renewable energy projects across India.
Tamil Nadu signs MoUs for 1.5 GW solar auction
The government of Tamil Nadu this week signed MoUs with four companies to set up solar plants, after 16 companies successfully bid for 1.5 GW of capacity.
India launches scheme to electrify all, with solar at core
Indian Prime Minister Narendra Modi launches ‘Saubhagya’ scheme with goal to provide electricity to entire country via heavy reliance on solar power.
Slight rise in India’s solar tariff: bids at INR 2.65 in Gujarat
A slight variation from last auctioning results which had lowest bidding at INR 2.44/kwh at Bhadla Solar Park in Rajasthan.
REI exhibition: India will surpass 175 GW renewable target, says MNRE
Secretary of the Ministry for New and Renewable Energy Anand Kumar believes the country can confound doubts about its bold solar ambitions and smash its 175 GW of renewables by 2022 target.
India heading to 20 GW of installed capacity by the end of this financial year
In the last four quarters in India 7.5 GW were installed. The total accumulative capacity reached 16.2 Gigawatt, reports Bridge to India. After rapid growth in the last quarters the market will probably slow down somewhat.
Moser Baer Solar asks Indian central bank to postpone loan repayment
Troubled PV module supplier Moser Baer Solar (MBSL) has asked the Central Bank of India to postpone its loan repayment schedule on claims that its business prospects have been damaged by a deluge of cheap Chinese PV modules that have flooded into the Indian market.
India’s National Solar Mission: revisions recommended
The standing committee on energy, comprising members of the lower and upper assembly of the parliament, and the secretariat, has released a report recommending vital changes to boost India’s National Solar Mission of 100 GW by 2022.
