It has been a rocky year for installers with issues like availability of modules from Chinese suppliers, restricted construction due to local lockdowns, and uncertainty over import duties. Going forward, the market could see a dramatic rebound if net-metering is allowed with a current cap of 1 MW and re-introduced in the states that have shifted to gross-metering.
The Indian Renewable Energy Development Agency provides loans for clean power and energy efficiency projects. Its gross income in the last fiscal year rose to INR2372 crore – around 17% growth over the previous year’s INR2022 crore.
The electronics manufacturer says it will switch focus to solar panels and lithium battery storage as it launches an inverter series for rooftop PV.
With 380 MW of generation capacity, Gujarat accounted for 43% of new rooftop solar installations during the January-to-September period.
Developers have until November 27 to bid for the grid-connected solar projects. The capacity—to be developed in RESCO mode—shall come in various public and private sector buildings across the state. Bidding closes on November 27.
The nation must look at innovative PV technologies that are low-cost and can be applied in a vast range of new applications.
Developers have until November 18 to lodge bids to install 10 MW of rooftop generation capacity across bus depots, workshops, and charging stations.
The EPC contractor aims to exceed 30 MW of installed solar for the food processing sector by the end of this fiscal, enabling the clients to save at least INR 30 crore per year.
The Portal for Renewable Energy Action Assessment Metrics is an online rating system which enables businesses to self-assess their renewable energy consumption.
The government is trying to harness renewables to increase domestic output but will need a more liberal energy market and to consider the structure of procurement auctions, cloying red tape and the financial travails of state utilities if it is to achieve its goals, says Rakshika Kaul of Amp Energy India.
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