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Clean energy investment in developing nations slumps as financing in China slows: BNEF

Clean energy investment across 104 emerging markets fell sharply by $36 billion in year 2018 from the previous year, even as their coal burn surged approximately 500 terawatt hours to a record high of 6.9 thousand terawatt-hours. Though the decline in clean energy investments was driven largely by China, inflows to India and Brazil also slipped by $2.4 billion and $2.7 billion, respectively. India, however, emerged as the market with greatest renewables potential.

Websol Energy mulling solar manufacturing capacity expansion

The crystalline solar cells and modules manufacturer—which has 200 MW of cell line and 250 MW of module line capacity—has secured orders equal to full production capacity for both cells and modules till March 2020.

India touches solar power capacity of 32 GW

As of October 31, a cumulative renewable energy capacity of 83.38 GW was installed in the country, which included 31.69 GW from solar, 37.09 GW from wind, 9.95 GW from biomass and 4.65 GW from small hydro.

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DST calls for Indo-Israel joint research on solar energy and storage

December 5 is the last date to submit proposals for the joint research program on advanced materials for next-generation solar energy utilization and energy storage that will sponsor around 10 projects. The maximum funding available for all research projects approved is Rs40 million for the Indian side and 4,000,000 NIS for the Israeli side, for a period of two years.

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Net metering policy change could mean end of rooftop solar in Maharashtra

The recently proposed guidelines allow electricity cost reduction of only Rs 3.64/unit for commercial and industrial consumers, which is not even sufficient to recover the capital costs of setting up the solar infrastructure.

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NTPC extends bidding for 1 GW solar project

December 3 is the new bidding deadline for the grid-connected solar project that is to be set up on develop-build-demonstrate-transfer basis anywhere in India. Techno-commercial bids will open on December 4.

DVC tenders 50 MW grid-connected solar in Jharkhand

Bids can be submitted till December 27 for the project which shall come up at the state-run power producer’s Panchet project in Dhanbad district. The project shall be awarded through tariff-based domestic bidding followed by reverse auction.

Indian Railways eyes 500 MW rooftop solar by 2021-22

While 95.67 MW has already been installed on various railways buildings, 248.46 MW capacity—awarded by Railway Energy Management Company Limited—is under different stages of execution.

MG Motor mulling EV battery assembly plant in India

The British carmaker, which is launching its electric SUV early next month in India, plans to set up a battery assembly plant in two years for its electric car models.

Uttarakhand retenders 40 MW grid-connected solar project

Developers have until December 3 to submit bids for the project which shall come up on dams at Haripura (27 MW) and Tumariya (13 MW) in district Udham Singh Nagar. The project will be awarded through tariff-based competitive bidding.

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