"India needs at least USD 125 billion to fund the 175 GW target"
Manoj Gupta, Vice President-Solar Business, Fortum India opines most of the financing received for the renewable energy development comes from the domestic banks. However, with the current level of fund generation, it is difficult to sustain solar energy goals.
The government must address uncertainties
The solar landscape in India is still marred with challenges that hamper the achievement of the target set for 2022, says MR Rajesh, Director, Power-One Micro Systems.
We are setting up a manufacturing unit in India
To cater to the growing markets in India, Sunil Badesra, Business Head, Sungrow is all set to expand the company's capacity from its present 1 GW to 3 GW by 2020, which will be streamlined in the third quarter.
ADD will not benefit inverters or transformers
After the government announced its plans of 100 GW addition, a high level of traction was perceivable in the market. This is because of the policy-level push from the central and the state governments.
Fourth Partner Energy commissions solar PV Plant
As part of Maharashtra Institute of Technology’s efforts to promote the use of clean and renewable energy sources and to achieve significant reduction in energy costs, Fourth Partner Energy has commissioned a 434-kW solar rooftop plant using Fronius inverters at the institute’s Alandi campus.
We foresee boom in EVs by mid-2019
First of all, we have received good response in Elecrama this year 2018. This year, we have launched advanced electric vehicle (EV) charging infrastructure.