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India will add 144 GW renewables by 2022, exceed 275 GW by 2027: IEEFA

Given the existing trajectory of wind, solar and other renewable sources, India will reach 144 GW renewable energy capacity by FY2021-22—not far from the aspirational 175 GW target set back in 2015. This places India on track for exceeding its 275 GW target in 2027.

India could add 7-7.5 GW solar capacity this fiscal, predicts ICRA

The solar capacity addition of 7-7.5 GW in FY2019-20 will be 15% higher than a subdued 6-6.5 GW in FY 2018-19. Of the total, 1 GW would come through open access/group captive route and grid-connected rooftop.

Waaree Energies eyes 15% of off-grid solar inverter market

The EPC contractor and solar PV module manufacturer aims to capture over 15% of India’s Rs 600 crore off-grid solar inverter market by 2022, thus becoming one of the largest solar inverter players in the segment.

Bid submission deadline extended for 1.2GW hybrid and 200MW solar projects

The Solar Energy Corporation (SECI) has pushed back the bid submission deadline for ISTS-connected 1.2 GW wind-solar hybrid projects by two weeks. On the other hand, the revised deadline for 200 MW grid-connected solar PV power capacity in Uttarakhand is now April 30.

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CleanMax Solar raises Rs 275 crore from Macquarie-managed UK Climate Investments

The Mumbai-based commercial solar player—which aims to more than double its customer base from 120 corporates to 300 by 2022—will use the amount to support its expansion of renewable energy portfolio from 500 MW to 2 GW in the next three years.

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SECI tenders 100 MW grid-connected solar capacity in Telangana

The Solar Energy Corporation of India (SECI) has invited bids for setting up of 100 MW (AC) grid-interactive solar PV power plants at the premises of state-owned coal mining company Singareni Collieries Company Limited (SCCL) in the state of Telangana. The project would be awarded through reverse auction. The deadline for bid submission is June 7.

The prospects for solar after the Assembly elections

Narendra Modi’s BJP party is seeking re-election with the aim of ensuring the electrification of all railways by 2022 and turning renewable energy into a popular movement with steps including an emphasis on solar farming. Even if the elections spring a surprise, however, the renewable momentum is unlikely to slow as no government can afford to roll back the clean power tide.

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Delhi Metro runs on solar power from Rewa plant in Madhya Pradesh

The Delhi Metro Rail Corporation (DMRC) received 27 MW from the solar project based in Madhya Pradesh, which will gradually increase it to 99 MW. The power received was used to run operations on the Jawaharlal Nehru Stadium to Central Secretariat metro station link.

Exide acquires 26-30% equity in 3 captive projects by Cleantech Solar

Lead-acid battery manufacturer Exide Industries has entered into 26-30% equity shareholding agreement with Singapore-based Cleantech Solar Energy for three captive solar power plants to be set up for its manufacturing units in Tamil Nadu, Haryana and Maharashtra.

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NISE floats solar dryer fabrication and supply tender

National Institute of Solar Energy (NISE), an autonomous R&D institution of Ministry of New and Renewable (MNRE), has invited bids from technically and financially capable manufacturers to manufacture and deliver NISE designed and developed solar dryer cum space heating systems on pan India basis.

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