MSEDCL tenders 225 MW of distributed solar under PM KUSUM
Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) is accepting bids to develop grid-connected solar power plants in sizes of 0.5 MW to 2 MW on uncultivable land in Maharashtra. It will sign a 25-year power purchase agreement (PPA) with the successful bidders.
ISA, UNDP launch pilot projects on farmland solar in ten African member countries
International Solar Alliance (ISA) and United Nations Development Programme (UNDP) will implement the programme over the next two years, with the $2 million fund jointly secured by them.
India signs MoU on energy efficiency programmes in Indonesia, Malaysia and Thailand
India’s Energy Efficiency Services Ltd has agreed to provide technical advisory, project management, contracting and implementation support for energy efficiency programmes in Indonesia, Malaysia, and Thailand.
PM Modi inaugurates India Energy Week 2023 in Bengaluru
Prime Minister Narendra Modi today launched India Energy Week 2023, a three-day event connecting India’s energy stakeholders with international counterparts to collaborate for a responsible and smart energy transition on India’s road to net zero. Addressing the gathering, the Prime Minister said India is today the world’s most suitable place for investment. He called upon the stakeholders to explore every possibility in India’s energy sector and get involved with it.
TERI recommends provisions for green fund in Union Budget 2023-24
Experts at TERI say the money collected as cess on coal could be used to create a Green Equity Fund and also provide viability gap funding for energy transition projects.
Ecozen raises $25 million, led by Nuveen
The Pune-headquartered solar pump controller and solar cold storage solutions provider will use the funds to expand beyond India and tap business opportunities beyond agriculture.
Minigrid operator Husk Power achieves profitability with India leading the way
Bihar-based Husk Power Systems, which serves rural Asia and Africa, became EBITDA positive in the fourth quarter of 2022 in India and Nigeria.
Himachal Pradesh targets 100% green energy by 2025
Solar projects aggregating to 500 MW are on the anvil. These projects are planned in the state during the fiscal year 2023-24.
India installed about 14 GW of solar in 2022
India installed 13,956 MW of new solar capacity from January to December. This included 11.3 GW of utility-scale PV, about 1.9 GW rooftop, and nearly 700 MW off-grid/distributed.
India misses 2022 renewables target of 175 GW by 30%
India has installed a cumulative renewables capacity (excluding large hydro) of 122 GW as of December 31, 2022, falling 30% short of its 175 GW target. While solar addition has remained more consistent than wind over the last few years, 2023 is going to be a challenging year for PV installation due to the shortage of domestically manufactured modules.
