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SunPower seeking partner for its solar panel making business

(Reuters) - SunPower Corp is seeking a strategic partner for its solar panel manufacturing business, an arrangement that could allow it to expand the U.S. factory it acquired last year, Chief Executive Tom Werner said on Wednesday. A partnership could involve the sale of a minority stake in the manufacturing business or a customer investment [...]

2019-02-14T01:42:47+00:00 February 14th, 2019|News|Comments Off on SunPower seeking partner for its solar panel making business

PM Modi to launch 300 projects worth Rs 65,000 crore including solar parks

Azure has a project to establish solar plants across the state to produce about 1,000MW of solar power. Lucknow: The second ground breaking ceremony, where the UP government plans to launch around 300 projects worth about Rs 65,000 crore, is expected to be inaugurated by Prime Minister Narendra Modi on February 27 in Kanpur. “The ceremony has [...]

2019-02-13T04:36:25+00:00 February 13th, 2019|News|Comments Off on PM Modi to launch 300 projects worth Rs 65,000 crore including solar parks

India deployed more than 25GW of solar by 2019 – Ministry

India's total solar PV deployment hit 25.21GW by the end of last year, according to figures supplied to parliament by the minister for new and renewable energy and power, R.K. Singh. Consultancy firm Bridge to India has earlier also reported that India had passed the 25GW milestone in the second half of last year. As of [...]

2019-02-13T02:44:10+00:00 February 13th, 2019|News|Comments Off on India deployed more than 25GW of solar by 2019 – Ministry

Getting solar manufacturing right

Does the Government’s new viability gap funding scheme pack enough to give Chinese module manufacturers a bloody nose? One of the objectives of the National Solar Mission is “to create favourable conditions for solar manufacturing capacity, particularly solar thermal, for indigenous production and market leadership”. In the nine years since the Mission began — it [...]

2019-02-13T02:31:58+00:00 February 13th, 2019|News|Comments Off on Getting solar manufacturing right

Bihar Economic Survey: Power demand up by 165% in 6 yrs

  The state’s Economic Survey report for 2018-19, tabled by deputy CM Sushil Kumar Modi in the state assembly on Monday, highlighted the strides made in power sector in Bihar. According to the survey, the per capita consumption of electricity in the state rose from 134 kilowatts in 2011-12 to 280 kilowatts in 2017-18 along [...]

2019-02-12T10:21:05+00:00 February 12th, 2019|News|Comments Off on Bihar Economic Survey: Power demand up by 165% in 6 yrs

NTPC threatens to cut power supply to Jammu and Kashmir over dues of Rs 2,000 crore

  State-run power generation company NTPC has threatened to curtail power supply to Jammu & Kashmir from February 19 unless the state’s power development department clears dues that have shot up to almost Rs 2,000 crore. Of the total outstanding dues, as much Rs 1,626 crore has been pending for more than 60 days. As [...]

2019-02-12T10:18:33+00:00 February 12th, 2019|News|Comments Off on NTPC threatens to cut power supply to Jammu and Kashmir over dues of Rs 2,000 crore

Pakistan’s solar manufacturing needs more incentives than tax exemption

Pakistan’s attempt to support manufacturing of solar and wind energy components through a five-year tax exemption is not enough and more incentives are needed to encourage such investments in the south Asian nation, according to the director of a local firm that is planning to set up its own domestic solar module assembly production facility. In [...]

2019-02-12T03:10:50+00:00 February 12th, 2019|News|Comments Off on Pakistan’s solar manufacturing needs more incentives than tax exemption

Exim Bank to finance 27 solar power projects in 15 nations

The projects are identified by International Solar Alliance Export-Import Bank of India (Exim Bank) will finance 27 solar power projects worth $1.4 billion spread across 15 countries, said David Rasquinha, Managing Director, Exim Bank here on Monday. “As an agent of Government of India, we are trying to promote solar power projects across the world,” [...]

2019-02-12T02:53:08+00:00 February 12th, 2019|News|Comments Off on Exim Bank to finance 27 solar power projects in 15 nations

Solar shines brightest for renewables-keen investors

Institutional investors surveyed by the Octopus Group have ranked grid-scale solar power as their top deployment target, amid plans to inject US$210 billion in the broader renewable sector within five years. A poll of 100 names published by the firm on Monday found 43% of those managing a portfolio of renewables were invested in solar, [...]

2019-02-12T02:43:18+00:00 February 12th, 2019|News|Comments Off on Solar shines brightest for renewables-keen investors

APTEL stays Tamil Nadu wind auction temporarily

IWTMA has finally taken the first step to oppose ceiling tariffs, by petitioning the APTEL and getting a stay order BENGALURU: Renewable energy developers have been opposing ceiling tariffs at auctions for projects ever since they began, but government agencies conducting the auctions, keen to keep tariffs low, have been adamant about imposing them. The Indian Wind Turbine Manufacturers [...]

2019-02-12T02:38:24+00:00 February 12th, 2019|News|Comments Off on APTEL stays Tamil Nadu wind auction temporarily
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