L&T Infotech and GE Digital as IIC members will deploy the Digital Testbed at solar plant in Rajasthan
The Digital Solar Plant Testbed evaluates solutions to accurately predict energy generation, improve utilization and reduce maintenance costs. IIC has estimated that 30% reduction in O&M expenses with the help of accurate forecasting will save around $15 million/year for utilities managers.
Tata Power commissions 25 MW solar plant in Gujarat
Tata Power Renewable Energy Ltd. has installed 25 MW part of Gujarat solar park. The PPA is signed with SECI at the rate of INR 4.43 ($0.068)/kWh. The company was also awarded for early commissioning of 100 MW solar plant in Karnataka.
Actis look at sale of Ostro Energy to ReNew Power
Ostro Energy acquisition by ReNew Power Ventures may rank among India’s biggest renewable energy deals.
ISA framework agreement receives 15 ratifications
The international solar alliance will now be an independent legal body, as the Republic of Guinea becomes the 15th country to ratify. The founding ceremony of ISA is scheduled on December 08, 2017 in Greater Noida, India.
EREN RE and EDF commissions 87 MW solar capacity in India
EDEN, a joint venture between EREN Renewable Energy and EDF Energies Nouvelles, has installed three solar power plants in India amounting to 87 MW. The JV now operates 200 MW capacity in India.
Delhi to add 1,000 MW Solar to its energy mix by 2019
Delhi power minister is aiming to have 15% renewable energy by 2019. Delhi government will buy solar power from plants to be installed across the country in next one and half years.
Global Environment Facility along with ADB will provide $454 million funding to EESL clean energy projects
Energy Efficiency Services Limited EESL’s projects, under one of the largest funding by Global Environment Facility (GEF) to date, will mitigate 60 million tons of CO2 emissions. UN Environment’s ‘District Energy in Cities’ initiative already identified $600 million of energy efficiency projects across five cities in India.
EBRD to provide financial assistance to International Solar Alliance
International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) have signed the joint financial partnership declaration to support solar energy projects developed under ISA programs.
India has installed 810 MW rooftop solar to date
The government has achieved only 17% of the set targets for the 2017-18 financial year, which is just 2% of the goal of 40 GW grid-connected solar rooftops by 2022. MNRE will soon propose new schemes to improve the sector.
NHPC to build 150 MW Solar in India
Power generation company National Hydroelectric Power Corporation (NHPC) is presently installing 50 MW of Solar in Tamil Nadu State and is expected to add 200 MW by 2019.
