Tata Power has got a letter of award from Gujarat Urja Vikas Nigam Ltd (GUVNL) to develop a 100 megawatt solar project in Dholera Solar Park of Gujarat. The energy will be supplied to GUVNL under a power purchase agreement valid for 25 years from scheduled commercial operation date. TataContinue Reading
BELECTRIC, a German company, further increases its footprint in the ever-growing solar industry of India by securing a major contract for a PV project in Rajasthan. BELECTRIC will be the construction and commissioning partner as well as operation and maintenance services (O&M) partner to the large-scale solar plant on behalfContinue Reading
Coal India Ltd (CIL) and NLC India will jointly develop solar power assets of 3,000 MW with a likely investment of around Rs 12,000 crore, sources said on Saturday. The two state-run companies had on Friday said they would form a JV to develop 5,000 MW of solar and thermalContinue Reading
In the last four years, solar installations in India have grown more than five-fold, from a mere 6 gigawatt (GW) of capacity in 2016 to almost 35GW, achieving more than one-third of the country’s ambitious 2022 solar target of 100GW. With another 23GW of projects in the pipeline and 30GWContinue Reading
According to a CRISIL report, the Coronavirus crisis will likely affect India’s solar industry to the tune of ₹16,000 crore, or 3GW. As of January 2020, India installed 35GW and without fast paced installation, it is very likely to miss its ambitious target to install 100 giga watt (GW) solarContinue Reading
