2014 turned out to be quite a happening year in the Indian solar market. The announcements, which came in plenty, will go a long way in gearing up the market for a stable and promising future. The cumulative installations in India crossed the mark … [Read more...]
MNRE Announces Major Subsidy Revisions For Rooftop Solar
Bogged down by subsidy disbursal issues, and taking a cue from falling prices in the solar market, Ministry of New and Renewable Energy (MNRE) has decided to limit consumers who can avail subsidy benefits for installation of rooftop solar power … [Read more...]
India May Form An Association Of Nations With High Solar Potential
Delhi-based financial daily Live Mint recently reported that India is working on a plan to form an association of countries with high solar potential with an aim to lower the cost of solar energy and improve the country’s standing at global climate … [Read more...]
India to organize renewable energy investors meet in Feb 2015
In the build up to PM Modi's visit to US last month it was widely reported that India was setting herself a target of 100GW each of solar and wind power within the next decade. Within the visit itself 'only' a billion USD deal was signed. Now plans … [Read more...]
MNRE pulls the plug on subsidy for solar water heaters
Finally MNRE has decided to discontinue the subsidy it was providing for solar water heaters. This was announced through a memorandum issued by the ministry a few days back. As per official announcement, the subsidies will stop from 1 October 2014. … [Read more...]