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Indian solar sector raises $10 billion in financing in 2017

Solar funding grew last year as approximately 9.6 GW of new solar installations were added to the Indian grid, says a Mercom Capital Group report. In 2017, the Indian solar sector logged over $ 10 billion (approximately Rs 650 billion) in financing activity, according to Mercom Capital Group’s recently released 2017 Q4 and Annual India Solar Market Update. By comparison, financing activity in the sector totaled approximately $ 4 billion (about Rs 260 billion) in 2016.Read more

Sterling and Wilson announces its foray into hybrid power plants and energy storage solutions

Sterling and Wilson, an Indian multinational engaged in engineering, construction, manufacturing and energy services with over $1 billion in revenue has announced its foray into hybrid power plants and energy storage solutions as part of its commitment to consistently expand its range of offerings to reflect the future of energy.Read more

Waaree Energies’ launches Pronto, a do-it-yourself kit set to revolutionise rooftop solar in India

Waaree Energies Ltd, India’s largest solar panel manufacturers, recently launched the first of its kind do-it-yourself solar kit – Pronto. Available at all Waaree solar experience centres, this revolutionary product is set to transform the renewable energy sector in the country by making clean energy accessible to all.Read more

SolarBuggy with chainflex on board

Cables from igus make solar-powered off-road vehicle ‘Froggee’ fit for the world record.Read more

LONGi Solar to set up 1GW mono cell and 1GW mono module manufacturing facility in India

Chinese solar products manufacturer LONGi Green Energy Technology Co., Ltd, along with its wholly-owned subsidiary LONGi SolarRead more

India installs 20 GW solar capacity

It took eight years to achieve the total capacity and it comes at a time when protectionist measures threaten to slow industry activity, says Mercom India ResearchRead more

Vikram Solar ties up with France’s CEA to PV module research

Vikram Solar, one of India's leading module manufacturer and a prominent rooftop solar & EPC solutions provider, has signed a collaboration agreement with the French Alternative Energies and Atomic Energy Commission (CEA), a key player in research, development and innovation.Read more

China’s CECEP Solar to supply PV modules for Indian power plant

Chinese firm CECEP Solar Energy Technology (Zhenjiang) Co Ltd has secured an order for supplying PV modules for a 35-MW centralised power plant project in Chennai.Read more

Microsoft announces first renewable energy deal in India

Microsoft Corp. has announced the completion of its first renewable energy deal within the Karnataka state of India. The agreement will see Microsoft purchase 3 megawatts of solar-powered electricity from Atria Power to help power its new office building in Bangalore. Read more

Largest solar park of the world named 'Shakti Sthala' launched in Karnataka

Chief Minister Siddaramaiah recently launched the world's largest solar park built at an investment of INR 165 billion at Pavagada in Tumakuru district of Karnataka. The 2,000 MW park spreads across 13,000 acres over five villages.Read more

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