India to add up to 8.5 GW of RE in FY19
India is likely to add between 8-8.5 GW of renewable energy generation capacity in the current financial year ending March 2019, according to ICRA Limited.
Historic tariffs could be revised to reflect GST costs
Developers have successfully secured relief from the federal government to mitigate the effects of GST on PV projects. One-off compensation will be paid and tariffs may be adjusted to reflect any ongoing rise in maintenance expenses.
Rural India a $50 billion market for clean energy innovations
The farming sector offers the largest green energy innovation opportunity, with rice transplanting, pesticide spraying and grain harvesting together having a market potential worth $40 billion – says the Council on Energy, Environment and Water.
Saudi Arabia and BP Group betting big on India
Two of the world’s biggest players in the oil industry have backed the nation’s ambitious solar target – and are putting their money where their mouth is.
India added world’s second largest PV capacity in first half of 2018
The nation installed 4.9 GW of solar, surpassing the USA – which installed 4.7 GW – to become the second largest solar market in the first half of the year, second only to China’s 24.3 GW.
NTPC tenders 70 MW floating solar PV project in Kerala
November is the deadline for interested bidders, who will be permitted to use cells and modules with any origin in the plant, which is planned for Kayamkulam.
More details emerge on coal JVs 3 GW solar plans
In a Memorandum of Understanding (MoU) signed on October 8, two coal companies formed a joint venture (JV) to install 3 GW of solar and 2 GW of thermal power. More details have now emerged on the partnership.
India’s 40 GW rooftop solar aim hit by high costs, net metering caps
Factors including the ability to reach less credit worthy clients, standardised regulatory support and a rating mechanism for developers could promote rooftop solar uptake in India.
SECI defers ‘world’s biggest’ solar auction until mid November
The bid submission deadline for the national 10 GW, inter-state PV project plus manufacturing tender is now November 12. According to officials, there are amendments to be made in the tender requirements, for which it is awaiting a ministerial mandate.
Uttar Pradesh auctions 500 MW of solar capacity at tariffs above Rs3
The lowest solar tariff, of Rs3.17 per unit, was quoted by the NTPC utility and Maheshwari Mining and Energy, for 140 MW and 20 MW of grid connected PV capacity, respectively.
