Solar India

/Tag: Solar India

Short Takes

2020-03-12T14:44:09+00:00September 20th, 2017|2018/2017, Flagship Scheme, India Investment Journal September Edition, Year|

Indian start-ups get FDI policy boost

A new consolidated foreign direct investment (FDI) policy framework issued by the Indian government this week includes provisions specific to start-ups which is being seen as a major boost for the sector.

According to the 2017 FDI policy document released by the Department of Industrial Policy and Promotion (DIPP), start-ups in India can raise up to 100 per cent of funds from Foreign Venture Capital Investors (FVCIs). They can issue equity or equity-linked instruments or debt instruments to FVCIs against the receipt of foreign remittance.

The document reads: "Startups can issue convertible notes to persons resident outside India (subject to certain conditions).

“A start-up engaged in a sector where foreign investment requires government approval may issue convertible notes to a non-resident only with approval of the government."

Foreign residents, except those in Pakistan and Bangladesh, will be permitted to purchase convertible notes issued by an Indian start-up.

UK university project to build solar power stations in India

2018-12-31T12:11:14+00:00September 18th, 2017|2018/2017, Flagship Scheme, India Investment Journal September Edition, Year|

A consortium of 12 British and Indian universities led by Swansea University in Wales has won £7 million of UK government funding to build five self-sufficient solar-powered buildings in remote Indian villages. A new solar project, called SUNRISE, will develop printed photovoltaic cells and new manufacturing processes which can be used to construct solar energy products in India. These will then be integrated into buildings in at least five villages of India, allowing them to harness solar power to provide their own energy and run off grid. The programme is part of [...]

Energy, opportunity, leadership: Why it’s India’s time to shine

2018-05-30T12:48:29+00:00August 16th, 2017|2017/2018, August 2017, Guest Columns, Year|

A UN climate expert believes India is on the cusp of becoming a global leader in the field of sustainability. There are three things that, for me at least, best characterise modern India. And it is because of these qualities that I’m so convinced that the country is on the cusp of becoming a global leader in climate action and sustainability. Firstly, from independence to today, India has always steered a unique course –confident in its own path. It’s also [...]

Why foreign investors are bullish on Solar India

2018-10-30T10:54:10+00:00November 1st, 2016|2016, Sector Focus/Renewables, Special Edition - November 2016, Year|

India has laid down a very aggressive road map for solar power in the country, with an overall target being 100GW by 2022 – nearly five times from current levels. Co-founder of Rays Power, a pioneer in the field of solar power generation in the country, gives his view on achieving this goal. There is a very huge requirement for equity capital investment in the Indian solar sector and a lot of that capital will come from foreign markets. London, as one of the financial centres of the world, has shown a growing interest in solar in India as a promising story.

Why foreign investors are bullish on Solar India

2018-12-04T11:51:39+00:00July 8th, 2016|2016, India Investment Journal June/July Edition, Solar India, Year|

India has laid down a very aggressive road map for solar power in the country, with an overall target being 100GW by 2022 – nearly five times from current levels. Co-founder of Rays Power, a pioneer in the field of solar power generation in the country, gives his view on achieving this goal. There is a very huge requirement for equity capital investment in the Indian solar sector and a lot of that capital will come from foreign markets. London, [...]

India-UK strike new R&D pacts in solar & nano technology

2020-03-12T14:42:09+00:00July 8th, 2016|2016, India Investment Journal June/July Edition, Solar India, Year|

India’s minister for science & technology and earth sciences, Dr Harsh Vardhan, was in the UK recently for the fifth Indo-UK Science and Innovation Council (SIC) meeting. The two sides clinched a crucial agreement to work together as R&D partners in Solar Alliance. He gives details of the deliberations to ‘India Investment Journal’ after his talks with UK counterpart, Jo Johnson. As a part of our commitment to the Solar Alliance, India and the UK have agreed to establish India-UK [...]

Showing Solar India some money

2018-12-04T11:57:58+00:00July 8th, 2016|2016, India Investment Journal June/July Edition, Solar India, Year|

The Council on Energy, Environment and Water (CEEW) experts navigate India’s $100bn renewables challenge to present a view on a much-needed boom in this crucial sector. India’s solar power capacity has grown nearly 400 times in six years, from a mere 17.8MW in March 2010 to nearly 6,998MW in April 2016. However, the real solar boom is yet to come, as India strives to realise its ambitious target of 100GW of installed solar PV capacity by 2022. The five-fold jump [...]

Short takes

2018-12-04T12:11:07+00:00July 7th, 2016|2016, India Investment Journal June/July Edition, Solar India, Year|

Spain’s Gamesa plugs into Solar India Gamesa Corp, Spain’s renewable energy firm, has brought 58 MW of solar parks in India in the first quarter of 2016. Gamesa has commissioned a total of 12 MW of solar capacity with an eye on the Indian govermment’s renewable energy drive. The firm’s expansion in the Indian solar market aligns with its goal to explore opportunities in businesses that complement the wind industry, the firm said. Gamesa is one of the many multinational companies [...]

Where Make in India meets Solar India

2018-10-31T11:19:25+00:00June 2nd, 2016|2016, Exports, May/June 2016, Year|

Vikram Solar is among India’s leading solar energy solutions provider, specialising in high efficiency PV module manufacturing and comprehensive EPC solutions. With an international presence in more than 32 countries, the Kolkata-headquartered firm prides itself as the only Tier 1 Indian manufacturer – an industry ranking that symbolises quality. Gyanesh Chaudhary, the managing director & CEO of Vikram Solar Private Limited, took time out for ‘India Global Business’ during a recent UK visit as part of an Indian government solar [...]

A marketplace for clean, green energy

2018-12-04T10:56:36+00:00April 28th, 2016|2016, India Investment Journal April/May Edition, Solar India, Year|

Clickpower.in, an initiative of REConnect Energy, describes itself as a vision to help every electricity consumer in India source cheaper and cleaner power while simultaneously helping renewable energy generators discover larger consumer markets through a web-based marketplace. Its founder lays out the stage for his renewable energy agenda. REConnect Energy is India's largest renewable energy (RE) services and sourcing firm. Between renewable energy credits (REC) and forecasting and scheduling of wind/solar power (F&S), the firm is serving about 13,000 MW [...]