Solar pump testing and research lab coming up at TERI
The test facility, to be set up by the Maxop Research and Testing Institute, will be capable of testing solar water pumping systems and other solar products in compliance with Bureau of Indian Standards guidelines and international standards.
Hyper low costs ensure clean energy investment fell in India last year
The nation still managed to attract around $11.1 billion for renewable energy in 2018, to be the world’s fifth most attractive destination for funds, according to new figures compiled by BloombergNEF.
Indian solar is coming up on the rails of China and the US
Taiwanese market research company EnergyTrend says the 5/31 policy change in China last year had a less dramatic effect on global demand than expected and, with the Modi government introducing solar-friendly policies, India – and Japan – will close the gap on the world leaders for installed PV capacity.
India will tender 500 GW renewable capacity by 2028
Of the colossal sum, 350 GW would be for solar. India currently has installed renewable energy capacity of 75 GW with a further 46 GW under implementation.
2019 PV installations to hit 123 GW, global balance shifting, says IHS
More predictions from IHS Markit reveal that 123 GW of solar PV installations are expected in 2019 – up 18% on the capacity additions expected this year. It also sees a market shift away from China, with two thirds of capacity located elsewhere. The overcapacity situation is also expected to ease.
India will auction 80 GW of solar, wind capacity by March 2020
The Indian Government plans to tender 60 GW of solar and 20 GW of wind capacity by March 2020. This would complete the planned auctions for its targets of 100 GW solar and 60 GW wind installations by 2022, leaving two years for project execution, according to an year-end review by the Ministry of New and Renewable Energy (MNRE).
Green Climate Fund signs $100 million pact for India’s rooftop solar
The Green Climate Fund (GCF) and the National Bank for Agriculture and Rural Development (NABARD) have signed an agreement to infuse US$100 million into an ambitious $250 million project designed to unlock private sector initiatives for the creation of rooftop solar power capacity across India.
Auroville search engine will crowdfund solar power for 100 villages in Tamil Nadu
Sustainable development expert Auroville Consulting has launched the Solar Village Search Engine to help fund its Solar Village Initiative, which aims to power 100 villages in Tamil Nadu with solar by the year 2030.
De-risking, financing and capacity building high on ISA agenda – Interview
The iSTAR-C program of India’s International Solar Alliance (ISA) was adjudged an outstanding project during the Paris Peace Forum this month. The program is one of many ISA initiatives to develop solar resources in member countries. After the first assembly of the ISA, interim Director-General Upendra Tripathy tells pv magazine about the organization’s achievements and plans.
Hitting 76% of its solar ambition would still be some achievement for India
Analysts are weighing into the debate over the MNRE’s big solar plans, but pointing out that even a partial victory would set the foundation for future solar triumphs.
