2018: India second largest solar market on back of 113 GW global installations
With 11 GW, India is set to become the second largest solar PV market in 2018, usurping the U.S., as global demand reaches 113 GW, says IHS Markit. It adds that Q4 will be the biggest quarter in history for installations, with 34 GW expected.
Fossil fuel global grip being loosened by holy trinity of affordable PV, wind and storage, finds BNEF
‘Unprecedented challenge’ for fossil fuels as low LCOE for solar and wind power, allied to tumbling storage costs, sees renewables claim a larger share of bulk and dispatchable generation while adding vital flexibility to the global energy mix.
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.
MNRE distributed one million solar study lamps
The scheme was sanctioned in 2014 for empowering underserved communities of the states of Rajasthan, Madhya Pradesh, and Maharashtra.
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.
Philips, Orb Energy lighten Barefoot College in Rajasthan
New 116 kW solar off-grid system will power the old Tilonia campus of the Barefoot College – working in various fields, including women empowerment, for the advance of rural communities through solar power.
India to develop 60 solar cities
MNRE has sanctioned around $1 billion for the development of 60 solar cities in India. The government has also conferred the development of 52 green campuses.
India’s solar status 2017 w/ charts, Bridge to India
India’s solar sector witnessed a huge growth in 2017. The country is close to 20 GW cumulative solar installation at the end of January 2018. Bridge to India has released several charts comparing renewable installations, tariff rates, and upcoming projects. The data shows India installed 8.5 GW utility-scale and 1.4 GW rooftop solar in 2017.
SECI postpones 2 GW tender and extends solar manufacturing EoI deadline
The Solar Energy Corporation of India has postponed the 2 GW PV project tender until further notice. The company has also extended the deadline for expression of interest for setting up the solar manufacturing plant in India until January 29.
Maharashtra leads solar rooftop market in India
India has installed total 1,861 MW rooftop PV as of September 2017 as the state of Maharashtra overtakes Tamil Nadu to become largest for rooftop solar, as per latest report by Bridge to India. Analysts have revised India’s rooftop projection to 10.8 GW by 2021.
