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Monthly Archives: July 2015

Fifty Five Solar Cities coming up in India

As many as 55 cities in 27 states and union territories are currently being developed as solar or green cities, parliament was told today. So far, 55 existing cities in 27 states/UTs are being developed as solar cities in the country under ‘Development of Solar Cities programme’, Power and New and Renewable Energy Minister Piyush Goyal told the Lok Sabha in a written reply. The new and renewable energy ministry has been implementing the programme under which a total of […]

By 2017-18 Solar power is likely to become cheaper than or equivalent to conventional thermal energy prices over the next 2-3 years and reach Rs 4-4.5 per unit

COIMBATORE: Solar power is likely to become cheaper than or equivalent to conventional thermal energy prices over the next 2-3 years and reach Rs 4-4.5 per unit by 2017-18, India Ratings and Research has estimated. “This will be driven by a decline in capital costs (solar modules and other balance of plant), an increase in efficiency, a shift towards large solar photovoltaic projects leading to the economies of scale and lower return expectations by developers,” it said. Solar photovoltaic prices have […]

How India solar plans ruin abbott’s coal strategy

Tony Abbott may well think that coal is good for humanity, but it is going to be hard to convince the Indian energy industry that imported coal from Australia is good for their market. A new report from Deutsche Bank highlights just how dramatic the renewable energy revolution instigated by the Modi government will be. By 2019, Deutsche Bank says, investment in solar alone will outstrip that of coal generation. That, in turn, will have a significant impact on coal imports. […]

New forecast for India solar pv market from 14 gw to 34 gw by 2020 which 240 % higher than previous

New research published by Deutsche Bank has had to adjust the company’s forecast for India’s solar PV market up 240%, expecting 34 GW by 2020. This is up from the analysts’ previous forecast of 14 GW by 2020, thanks in part to an influx of approximately $35 billion from global investors into the Indian solar PV sector. India itself has increased its solar energy target to attempt 100 GW by 2022, which has subsequently pushed its Renewable Energy Target up […]

China largest solar power plant spread over 2,550 hectares in the Gobi desert.

  CHINA,BEIJING: China has begun constructing its largest solar power plant spread over 2,550 hectares in the Gobi desert. The plant will come up in Qinghai province. The plant will have an installed capacity of 200 megawatts, and be capable of supplying electricity to 1 million households, according to Qinghai Solar-Thermal Power Group. “Its designed heat storage is 15 hours, thus, it can guarantee stable, continual power generation,” Xinhua quoted group board chair Wu Longyi as saying. Once operational, the […]