Solar Rooftop: Answer to EPCs' Woes
Despite falling costs, the solar EPC industry in India has hit a roadblock with multiple duties and land acquisition problems, and the answer for EPC companies may be to focus on captive projects like rooftop installations and scale up from there, feels Rahul Kamat.
India Yamaha Motor sets up 1,100-kW solar plant at TN unit
India Yamaha Motor, the subsidiary of Yamaha, has commissioned 1,100-kW solar power plant at its facility near here, as part of its plans to augment renewable energy. India Yamaha Motor at its Oragadam factory near Chennai has commissioned 1,100 kW roof top solar power plant taking the total solar capacity to 1,450 KW at the unit, the company said.
Meghalaya CM seeks 24x7 power supply to households
Meghalaya Chief Minister Conrad Kongkal Sangma has called on Union Power and New & Renewable Energy Minister R K Singh and discussed various matters such as uninterrupted electricity supply to the north-eastern state.
Spot power price up 25 per cent, expected to rise further
Prices of power in the spot market in India have risen 25 per cent to Rs 3.97 per unit in March from R 3.20 per unit in January and are expected to shoot further in the near future, owing to a host of structural and seasonal factors, CRISIL Infrastructure Advisory said.
Digital substations will reduce AT&C losses
India for us is a very important market because of being the fastest growing globally. In our global automation portfolio, we have one of our factories in Goa where we not only design and develop products for India, but also for the global market.
We support India's thrust on renew
In an exclusive interaction with Power Today, Werner Hoyer, President, European Investment Bank (EIB) says the EU's non-profit long-term lending institution will continue to extend support to renewable energy projects in India
Step in the right direction
While Green Energy Corridor may enhance transmission grid to a greater extent, the evacuation issues faced by the renewable energy segment may not get fully resolved in the near future.
Q4 2017 highlights VC/PE funding
ReNew Power Ventures - an Indian renewable energy project developer - secured ~$200 million (~Rs.13 billion) from the Canada Pension Plan Investment Board in the form of compulsory convertible preference shares (convertible debt) that will convert to equity shares at the time of an initial public offering.