Posts tagged ‘Ministry of New and Renewable Energy (India)’

06/02/2015

Companies set to back huge India solar expansion | Reuters

India could start installing 20,000 megawatts of solar power capacity as early as April after companies pledged to support the government’s drive for clean energy, an official told Reuters.

A worker cleans photovoltaic solar panels inside a solar power plant at Raisan village near Gandhinagar, in Gujarat, February 11, 2014. REUTERS/Amit Dave/Files

Details of the plan, which has drawn commitments from U.S., German and Chinese companies, will be announced on Friday, said Upendra Tripathy, secretary of the Ministry of New and Renewable Energy.

“We have got commitments from very established industry, both foreign and domestic for next year,” he said in an interview at his office.

Foreign companies will be allowed to decide where they manufacture the required equipment, he said.

via Companies set to back huge India solar expansion | Reuters.

16/04/2014

India Signs Power Contracts for 700 Megawatts of Solar Capacity – Businessweek

India signed contracts to purchase solar power from companies building 700 megawatts of capacity awarded in a national auction.

English: Photovoltaic system with 19 Megawatts...

English: Photovoltaic system with 19 Megawatts peak near Thüngen/Bavaria Deutsch: Solarpark/photovoltaikanlage mit 19 Megawatt Spitzenleistung nahe Thüngen/Bayern (Photo credit: Wikipedia)

The government is waiting to sign purchase agreements for the remaining 50 megawatts from the auction in February, Tarun Kapoor, joint secretary at the Ministry of New and Renewable Energy, said today in an interview in New Delhi. The agreements, which lock in rates for the power generated for 25 years, bind developers to complete the plants within 13 months.

Two developers dropped out after winning bids, including St. Peters, Missouri-based SunEdison Inc. (SUNE:US), which said last week it gave up a 20-megawatt project because local equipment shortages and prices make it unviable. The other developer that Kapoor didn’t identify forfeited its project after failing to get permission from its parent to proceed, he said.

via India Signs Power Contracts for 700 Megawatts of Solar Capacity – Businessweek.

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11/02/2014

India to Fight U.S. Solar Protectionism Charge as Ties Fray (1) – Businessweek

India will dispute a U.S. complaint at the World Trade Organization that it unlawfully restricts imports of solar equipment, saying American panel makers such as First Solar Inc. (FSLR:US) have access to most of its market.

“We will give a reply,” Tarun Kapoor, joint secretary at the Ministry of New and Renewable Energy, said in a phone interview. “Most solar projects in India are allowed to import. We have sufficient quantities open for competition.”

India required about 10 percent of new photovoltaic projects permitted in the past year to use domestically made solar cells and modules. The rule violates international trade law and raises the cost of solar energy, U.S. Trade Representative Michael Froman said yesterday in a statement.

via India to Fight U.S. Solar Protectionism Charge as Ties Fray (1) – Businessweek.

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