latest Market News

  India plans on setting up a 20 GW of solar power capacity it will be one of the world’s largest solar tender. This is being done in an attempt to spur domestic manufacturing of solar power equipment.   The project will help decrease the country’s solar power tariffs and provide a boost to the National Democratic Alliance (NDA) government’s Make in India plans.   Most solar power developers in India have...

  • Posted on : Friday , 10th November 2017
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 The Indian Prime Minister Narendra Modi in Bangaluru claimed that solar power would power India as 175 Gigawatt of electricity is expected to be generated from renewable sources,   "By 2022, when India will be celebrating 75 years of independence, 175 GW of renewable energy will be generated. The government’s aim is to get 40 percent of the country's energy needs from renewable sources like wind and solar by 2030,"...

  • Posted on : Thursday , 2nd November 2017
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 Coal India chairman Gopal Singh said coal-based power generation capacity is expected to be over 330-441 GW by 2040 from the current 192 GW.   "Coal-based power generation will definitely rise. Currently, 73 percent of the power generation of the country is coal-based. The large planned new coal-based thermal capacity is likely to put pressure on coal," Coal India (CIL) chairman Gopal Singh said.   Coal-based power...

  • Posted on : Thursday , 2nd November 2017
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 Announcement for a 30-megawatt solar facility in India that will meet the yearly energy needs of more than 14,000 homes has been commissioned.   The plant will be developed by Tata Power Renewable Energy Ltd and will be situated in Palaswade, Maharashtra.   The parent firm said the new site was using domestically-produced crystalline silicon photovoltaic (PV) modules. Photovoltaic refers to a way of directly converting light...

  • Posted on : Thursday , 2nd November 2017
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 Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and Delhi-based Tata Power DISCOM are partnering to explore possibilities of collaboration at electric utility level in India.   The two companies will work jointly to build up the energy storage system, grid-connected solar rooftop PV, electric vehicle and smart grid initiatives, and conduct studies related to these areas.   The MOU includes establishing...

  • Posted on : Thursday , 2nd November 2017
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