Ad Here  
July
August
September
October
November
December
 
 
L & T set bigger ambitions in defence business E.I.D Parry (India) Ltd: another sweet year ITC – steep excise hike Yamaha unveils scooter boutique Chinese smart phones flourish in small towns too! HPCL plans Rs.61,000 crore capex over 5-years Singur minus Nano – victory or folly? V-Guard launches app-enabled water heater system TN government keen on revival of operations at Nokia complex CAPITAL NOTES A niche in FMCG business... Sundram Fasteners rejigs international New India Assurance posts impressive show Land wars L & T’s floating dock for navy The unexpected exit Tata Motors bets on new launches Tata Steel, ThyssenKrupp sign MoU to merge European units Sivasankaran enters taxi space to take on Uber and Ola 29 per cent jump in TCS revenues Daimler’s truck exports from Chennai cross 5000 units Tata Motors joins compact SUV bandwagon with Nexon Kone India eyes further growth in elevator market Back in growth mode Tata Motors aims to be among the Top 3 global CV & PV firm L&T profit up by 11 per cent RoC in the dock... PSU non-life firms seek to protect share Vellayan is back, after 150 days Bajaj Finserv – Q1: fare well Solar installations exceed 2015 capacity in five months Rane targets Rs.5500 crore topline by 2018-19 Toyota and Suzuki to introduce EVs in India by 2020 ITC chairman calls for policy impetus to transform agriculture LVB posts 31 per cent growth in Q1 net profit Hyundai India achieves 7 mn production at Chennai factory Hyundai to focus on SUVs and AMT variants Nissan exit shouldn’t affect ALL A welcome initiative-even critics are recognised He excels in the nuts and bolts of entrepreneurship Welcome focus to improve rural India... Eyes strong growth in 2016-17 Preparing for the next growth curve Increasing market share Ponni Sugars (Erode) Ltd: not so sweet 2012-13 Dish TV – subscriber additions encouraging TI Cycles plans retail expansion to drive sales for premium bicycles Aurobindo Pharmacy: good turnaround Ode to Ratan Tata Maruti – for young buyers Shriram Life clocks more than Rs.1000 crore premium in 2015-16 AL introduces Guru & Partner Mercedes-Benz sales continue to zoom Record two-wheeler sales PPP model for infrastructure development Are they really independent? Housing demand revival Right to privacy – now it’s fundamental! Michelin to double Chennai capacity When small is not so beautiful… The gainers and the losers From the toughest to the best year TVS Automobile invests Rs.75 crore in start-up firms AL wins Deming prize again Forging industry worried over lower supply of steel and its price Is this a generation gap? Smooth sailing of SAIL M & M unveils driverless technology for tractors Titan Company – sales recovery to kick in Gamesa to set up a plant in Nellore Carnival Films acquiring 3000 screens pan India Wabco launches safety system Emami – a new growth mantra Hindalco – re-rating Tata gets 4-star rating for Zest Smartphone onslaught by Chinese brands AL secures orders for 3600 buses IOB on turnaround path L&T bags the Mumbai Trans-harbour link order Tata Motors charts investments in PV and CV businesses TVS Srichakra plans capacity expansion Consolidating leadership position in smartphones It takes two to tango Last stages Daimler grows sales and share in India
 
Solar installations exceed 2015 capacity in five months

New installations in the solar sector stood at 2.2 GW during the first five months of 2016, according to Mercom Capital, a global clean energy communications and consulting firm.

 “Cumulative solar installations in India crossed the 7.5 GW mark as of May 2016 with about 2.2 GW installed so far this year, more than all of the solar installations in 2015. India’s solar project pipeline has now surpassed 22 GW with about 13 GW under construction and about 9 GW in the request for proposal (RfP) process,” it said.

Government’s strong commitment to renewables and its push towards solar have begun to show results, as solar represented 2.5 per cent of the net installed capacity in India at the end of 2015-16, up from 1.4 per cent a year ago. Also, it was the fastest growing new energy source in the country.

Solar accounted for 17.4 per cent of all renewable energy generation in 2015-16 compared to 10.5 per cent in 2014-15.

 “The Indian solar market is growing in size but the question is: is it too much and too fast, as infrastructure and systems have not kept pace with auction announcements. For the sector to move from 2 GW to 10 GW market, work still needs to be done,” said Raj Prabhu, CEO and Co-Founder of Mercom Capital Group.

Low bidding levels through reverse auctions have been a major concern at a time when the Indian banking sector is going through its own challenges, which could make borrowing much more difficult in the short-term, it said.

 

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com