New Delhi: The installed Renewable Energy (RE) capacity in India, excluding large hydro plants, is set to witness a substantial increase, reaching 170 GW by March 2025 from its December 2023 level of 135 GW, as per the assessment of rating agency ICRA released on Friday. ICRA highlighted that this growth is expected to significantly…
The Indian government has implemented significant revisions to the electricity Act in a concerted effort to promote the adoption of electric vehicles (EVs) and solar energy solutions. R. K. Singh, the Union Minister for Power and New & Renewable Energy, has highlighted that these amendments aim to streamline the installation process of rooftop solar systems.…
Swedish manufacturer Scania has developed a haulage trailer fitted with solar panels which could decarbonise existing trucks. Transport in Europe accounts for around 25 per cent of the continent’s carbon emissions. A significant proportion of that comes from heavy-duty haulage vehicles. Goods transportation isn’t something we can live without – unless we want empty shops…
GCL System Integration Technology Co., Ltd. will launch a project, dubbed Casa Blanca, in Bahia, Brazil in cooperation with Atlas Renewable Energy, a global renewable energy generator, with an expected full capacity of 250MW once construction is completed. GCL SI will supply 71MW solar modules for this project. Set to be fully constructed by the…
Hyderabad-based Greenko is one of India’s leading Renewable Energy companies, replacing fossil fuels with integrated decarbonized energy and grid assets enabling sustainable and affordable energy, with a net installed capacity of 7.5 GWdc across 15 States in India will build a 975-MW round-the-clock renewable energy complex in India for steel and mining giant ArcelorMittal SA,…
AISIA has urged Power and New & Renewable Energy Minister R K Singh that structural safeguards and tariff-based barriers are needed for domestic manufacturing to gain a foothold and establish itself. The body highlighted that the (solar equipment) “domestic manufacturers run their plants at 30 per cent capacities and incur huge unbearable losses.” Industry body…
Objective: Solar power projects can be set up anywhere in the country, however the scattering of solar power projects leads to higher project cost per MW and higher transmission losses. Individual projects of smaller capacity incur significant expenses in site development, drawing separate transmission lines to nearest substation, procuring water and in creation of other…
The Ministry of Power (MoP) informed that it would be writing to the Department of Revenue recommending a uniform slab of 5% goods and services tax (GST) on all renewable energy components nationwide. In this regard, MoP, during a meeting under the Chairpersonship of CEA, had requested renewable energy associations and developers to furnish the…
Hero Future Energies, SB Energy and Aditya Birla emerged as the top utility-scale solar project developers in India in terms of installed capacity in the first half (1H) of the calendar year (CY) 2020, according to recently released report India Solar Market Leaderboard 1H 2020. Together, these three solar developers accounted for nearly 64% of…
Solar products company Q CELLS, which has dual headquarters in South Korea and Germany, has acquired the project development rights for a 429-MWp solar portfolio in Spain from Madrid-based developer RIC Energy. Q CELLS announced the move today after its downstream business unit had signed the asset purchase deal on September 18. The transaction concerns…