Solar Components exempted from Duty in India Indian solar producers who have been decimated by the severe global oversupply and price fall, have finally something to cheer about. The finance minister in his budget has granted excise duty exemption to imports of parts used in manufacture of solar panels. Copper wire, glass and EVA sheet [...]

Baramati Solar Project After Gujarat and Rajasthan, Maharashtra is all set to become the next solar hub for India. Welspun Energy plans to construct a 50 MW solar plant called Baramati Solar Project in the Pune district of Maharashtra, under a PPP with Maharashtra State Power Generation Co. Ltd (Mahagenco). Welspun has agreed to bear [...]

Suzlon Suzlon has become India’s largest wind turbine seller once again, with a 20% share of the India market. But Gamesa has emerged as the real star after almost quadrupling its sales last year, to become a very close No.2. Others in the top 5 are also foreign turbine makers such as Enercon and General [...]

India Solar Industry attracts Foreign Investment India’s fast growing solar energy sector is seeing flood of investments from both private and public foreign investors these days. After GE announced a large investment into Welspun Energy’s massive solar farm in Madhya Pradesh, ADB has also announced a $50 million equity infusion into Welspun Energy. KFW is [...]

1500 MW for Indian solar subsidy India is going to offer the largest amount of solar capacity for subsidy allocation till date, in the second batch of its Phase 2 of the JNNSM. The country will offer 1500 MW of solar capacity to bidders soon even, as it has completed the formalities of 750 MW [...]

India has one of the world’s largest renewable energy capacity, ranking amongst the top 5 countries in the world in terms of installed wind energy and solar thermal power capacities. But the bad news is that the country remains way behind China, in total installed capacity and future installed forecasts. Per capita renewable energy generation [...]