Uttar Pradesh updates solar power policy
Uttar Pradesh released a new solar policy on December 7 for the development of 10.7 GW of solar installations in India by 2022, including 4.3 GW through rooftop solar. The government has proposed several incentives and offers to promote solar growth in the state.
Intersolar India highlights challenges, opportunities of residential PV market
This week’s Intersolar India 2017 in Mumbai, which ran from Tuesday to Thursday at the Bombay Exhibition Centre (BEC), highlighted both the potential and the challenges of India’s vast residential PV market. Everything from policy to unique environmental challenges and installation processes was discussed.
Interview: REC talks rooftop solar and quality focus in India
Milan Koev, REC Group’s Vice President Sales & Marketing APAC, speaks to pv magazine about the potential of India’s rooftop solar market.
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.
$23 billion rooftop PV opportunity in India, but 40 GW targets ‘unachievable’ – BNEF
India’s rooftop PV ambitions present a US$23 billion investment opportunity, says Bloomberg New Energy Finance (BNEF). However, despite the sub-sector being the fastest growing, its 40 GW targets are “unachievable”.
Solar developers not following DCR policy may face government action
India plans to take action against solar power companies using imported equipment for projects, which were awarded under the country’s domestic content requirement scheme, according to local media.
India solar installs hit 2.2GW in Q3
Record growth continues as India installed 2,247 MW of solar projects in Q3 2017, up 15% from Q2 2017. The total installation at the end of 2017 is expected to range from 9.5 GW to 10 GW. The 7 GW solar installation in first nine months covered more than one-third of total new power capacity addition in 2017.
Sunsure Energy look at $30.8 million revenue in FY2018
The New Delhi based solar developer is marking its second consecutive year of growth. Sunsure Energy founded in 2014, until now, has commissioned 6+ MW and is executing 25+ MW solar installation across India.
Climate Policy Initiative presents financial solutions for rooftop solar in India
CPI has summarized the present rooftop sector of India, its economics, and the financial facilities to the industry from government and banks. The analyst and advisory firm has presented the solutions for the current financial obstacles to the growth of rooftop solar. The team has advised two Indo-U.S. collaborative initiatives, USICEF and USICFP, with which these solutions can be implemented.
Odisha announces net metering system for rooftop solar
Odisha Electricity Regulatory Commission has introduced a net metering facility to the existing rooftop solar plants in the Bhubaneshwar and Cuttack city of Odisha.
