Tag Archives: India’s solar mission

Believing in India’s solar mission takes a leap of faith The sun’s energy is free, but the capital required to harness it must earn a fair return. Try telling that to the gung-ho bidders for India’s utility-scale solar power projects. Auction prices will fall below Rs4 per kilowatt-hour this year, Bloomberg News reports. The record low 2016 bid was Rs4.34. ... Read More »

MNRE blames banks for slow progress of solar agri pumps adoption The Ministry of New and Renewable Energy has blamed banks’ insistence for collateral security for the poor adoption of solar water pumps in the country. India has about 20 million agricultural pumps that work on electricity (supplied free) and another 7 million that run on diesel. The government of India ... Read More »