Welspun Energy to setup 100 MW solar power project in Chhattisgarh at an investment of Rs 10 billion

Welspun Energy today said it will invest Rs 1,000 crore in setting up a 100 MW solar power project in Chhattisgarh. Welspun Renewables Energy Ltd (WREL), a subsidiary of Welspun Energy, has inked an MoU … More →

tarun kapoor mnre

Solar to attain grid parity in 4-5 years:Tarun Kapur

Rising cost of conventional power and the drop in the cost of solar power panels will bring in grid parity in green energy much before the deadline, making it a more attractive choice for users … More →

Gujarat solar

PIL questions land acquisition for solar park in Gujarat

The Gujarat Solar Park project inaugurated with much fanfare in Charanka village of Patan district recently has courted controversy. The Gujarat high court on Thursday sought explanation from the state authorities over allegations of huge … More →

Indian Solar-1

India Catching Up In Solar Energy Development

The rising cost of conventional power, largely driven by increasing raw material exports and the growing cost of putting up green-field facilities coupled with the steady decline in solar power costs could result in solar … More →


Spanish company Gestamp to put up 100 MW solar plant in Tamil Nadu

Spanish engineering and renewables major Gestamp intends to put up a 100 MW solar photovoltaic project in Tamil Nadu, but in phases. Southern Solar Pvt Ltd, a joint venture of Gestamp and Chennai-based Zynergy group, … More →

schneider electric

Schneider Electric wins 100 MW of contracts in 3 months to supply inverter for over 100 MW of Indian Solar PV projects

Schneider Electric SA  announced that it has won contracts to supply its Conext Core XC inverter to more than 100 megawatt (MW) of solar photovoltaic (PV) projects in India in the three months since the … More →

Aalborg csp

Aalborg Supplies CSP Equipment For 50 MW Solar CSP Project In India

Aalborg CSP A/S has provided a steam generator system for the 50 MW Godawari concentrating solar power (CSP) project, under construction in Rajasthan, India. The system was handed over to Lauren CCL Engineers Pvt. Ltd., the … More →


IFC to provide $5 mn to Mahindra Solar for Rajasthan project

The International Finance Corporation, a member of the World Bank Group, today said it will provide $ 5 million debt financing to Mahindra Solar One for a 5-megawatt solar power project in Rajasthan. The new … More →


Indian Banks Exposure to Coal Limits Lending to Solar, SBI Says

Indian banks have limited scope to boost lending to solar plants after funding for coal projects pushed them close to the limit for financing to the power industry, the nation’s biggest lender said. Most banks … More →


Azure Power receives $70.4 mn long-term financing from US Exim Bank

Azure Power announced a long-term financing of $70.35 million from Export Import Bank of United States, to be utilised towards its solar powered plant in Nagaur, Rajasthan. The plant is an expansion of the company’s … More →