U.K.-based Ember, an independent energy think tank that uses data-driven insights to shift the world to clean electricity, has highlighted the remarkable evolution of solar power in India. According to their findings, solar and wind energy are expected to spearhead two-thirds of India's power generation growth by 2032. This is...
India to Float Tenders for Solar and Wind Power
Raj Kumar Singh, India's minister for power and new and renewable energy said that 20 gigawatts each of wind and solar power contracts will be auctioned to boost India's capacity to manufacture equipment, such as solar modules, or panels, which account for nearly 60% of a solar power project’s cost....
Welspun receives $161 Million to Finance India’s Largest Solar Plant
According to Bloomberg, Welspun Group (a multinational industry dealing in steel, energy and textiles) has raised $161 million from lenders led by Central Bank of India to finance the building of a new solar plant in India. According to the company, this 130-megawatt plant, Mandsaur district of Madhya Pradesh, which will...