Diu India’s first union territory to run 100% on solar
The Union Territory of Diu, located in the western part of India is reportedly generating up to 13 MW of solar every day, which is more than its daily electricity demand.
The recent trade conflicts will reduce India’s total solar installed capacity to 6 GW in 2018
According to the Bridge to India’s ‘India Solar Compass’ report, the total capacity addition in 2017 was 9,255 MW, up 94% over 2016. However, Q4 2017 was slow in terms of project commissioning with only 1,503 MW of utility scale projects being commissioned. Moreover, the execution costs have shot up by about 18% in just six months.
Microsoft to power its new Bengaluru office using solar
Microsoft has purchased 3 MW of solar generation capacity from a solar developer, Atria Power. This will cover 80% of the projected electricity requires at the new facility.
GCF grants $100 million to NABARD for rooftop solar in India
Green Climate Fund (GCF) has approved the National Bank for Agriculture and Rural Development (NABARD)’s proposal of Line of credit for solar rooftop segment for commercial, industrial and residential housing sectors in India. This is the first ever project in India approved by GCF.
Avaada Power to develop 500 MW solar, investing $526 million in Andhra Pradesh
In a recent investor summit of Andhra Pradesh, Avaada Power has inked a $526 million contract with the state government of Andhra Pradesh to develop 500 MW solar capacities in the state.
SECI tenders 3 GW ISTS connected solar power projects
Solar Energy Corporation of India (SECI) has invited bids for selection of solar power developers for setting up of 3 GW Interstate Transmission System (ISTS) connected solar power projects under global competitive bidding. Out of its 20 GW tender plan for the 2017-18 fiscal year, approximately 11 GW has already been tendered.
Odisha: 1,415 acres of suitable land identified for 400 MW solar park
Keeping in sight the plan of Renewable Energy policy 2016, government of Odisha is putting efforts for solar development and has identified land for 400MW solar park.
UP receives INR 22 billion investment from Amplus Solar to set up 500 MW solar capacity
During the recent Uttar Pradesh Investors summit, amplus solar signed a Memorandum of Understanding with the state government for the investment of INR 22 billion over the next 5 years.
Tata Power proposes solar roof top projects in member countries of ISA
On the sixth meeting of ISA’s International Steering Committee (ISC), Tata Power Delhi Distribution Ltd made a presentation showcasing their offerings to install solar rooftop projects and key service terms proposing to reach 1 MW capacity in each country.
Southern states dominate India’s 2017 record solar installs
India’s southern states have emerged as leaders in solar, dominating installations in 2017, according to the latest figures from Mercom Capital Group. Overall, the company says 9.6 GW of solar PV were installed across the country last year. Despite this, 2018 will see a decline, it says.
