India solar installs hit 2.2GW in Q3
Record growth continues as India installed 2,247 MW of solar projects in Q3 2017, up 15% from Q2 2017. The total installation at the end of 2017 is expected to range from 9.5 GW to 10 GW. The 7 GW solar installation in first nine months covered more than one-third of total new power capacity addition in 2017.
Sunsure Energy look at $30.8 million revenue in FY2018
The New Delhi based solar developer is marking its second consecutive year of growth. Sunsure Energy founded in 2014, until now, has commissioned 6+ MW and is executing 25+ MW solar installation across India.
India-World Bank signs $100 million loan agreement for Solar Parks
India signs loan agreement with the World Bank for $100 million for large-scale solar power projects named as “Shared Infrastructure for Solar Parks Project”.
Climate Policy Initiative presents financial solutions for rooftop solar in India
CPI has summarized the present rooftop sector of India, its economics, and the financial facilities to the industry from government and banks. The analyst and advisory firm has presented the solutions for the current financial obstacles to the growth of rooftop solar. The team has advised two Indo-U.S. collaborative initiatives, USICEF and USICFP, with which these solutions can be implemented.
Interview: Ujaas Energy JMD talks on Indian solar sector
Vikalp Mundra, Joint MD and promoter of Ujaas Energy Ltd, speaks to pv magazine about the solar manufacturing and quality importance for India. The company has installed more than 200 MW of solar at utility-scale, rooftop, and residential. He also defended the Renewable Energy Certificate, but explained its drawbacks.
MIT researchers release evaluation of solar pumps for irrigation in India
Massachusetts Institute of Technology’s (MIT) study of solar pump technology used in India assesses technical performance and explores innovative business cases to increase user adoption. The study also helps farmers to choose the right size of the pump according to their requirement or size of fields.
Greenko competing with Renew Power to acquire SkyPower
Greenko and Renew Power both companies are in talks with Canadian developer SkyPower to buy its stake in Indian solar projects.
India committed to its renewable energy targets, MNRE says at COP23
Panel consisting of government officials and industrialists organized discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by 2022’ at the India pavilion at COP23 in Bonn. The government remains ambitious to meet its target and to follow sustainable development.
Odisha announces net metering system for rooftop solar
Odisha Electricity Regulatory Commission has introduced a net metering facility to the existing rooftop solar plants in the Bhubaneshwar and Cuttack city of Odisha.
Indian government planning ‘rent a roof’ policy for solar rooftop
Under proposed ‘rent a roof’ policy, solar developers will rent rooftop space to install a PV array and offer to lease to each household and then feed the solar power to the grid, said MNRE Secretary Anand Kumar.
