According to a report by Mercom, IndiaĆās solar sector recently reached record low tariff levels in the auction conducted at the Rewa Solar Park in the state of Madhya Pradesh. India was one of the first countries to adopt reverse auctions for solar projects since the inception of its national solar policy and the governmentĆās goal has always been to procure solar power at the lowest price possible.
Tag: solar sector
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India Ratings maintains negative outlook on infra sector
India Ratings and Research agency has maintained a negative outlook on the infrastructure sector for FY-18, with varied outlooks on individual sectors.
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Total solar sector corporate funding comes in at $9.1 billion in 2016
Mercom Capital Group, a global clean energy communications and consulting firm, has released its report on funding and mergers & acquisitions (M&A) activity for the solar sector in 2016.
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Global corporate funding in solar sector falls 64percent in 2016
Total global corporate funding in the solar sector, including venture capital/private equity (VC), debt financing, and public market financing, raised by public companies came to $9.1 billion in 2016, compared to $25.3 billion in 2015, a 64 per cent drop, clean energy consulting firm Mercom Capital has said.
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Make in India has created a revolution in the RE sector
Kuldeep Kumar Jain, COO-EPC, Vikram Solar Pvt Ltd, believes that the future is bright and the opportunity immense for India to become a global leader in solar energy.
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Nod to Solar Energy Policy in Kerala
Solar Energy Policy has been approved by the Kerala Cabinet. The policy seeks to increase installed capacity of the solar sector to 500 mw by 2017 and 1,500 mw by 2030. The mission is to contribute to long-term energy security of the State as well as ecological security by reduction in carbon emissions.