Distributed Energy’s rooftop solar aggregator platform raises Rs 100 million funding
The platform connects credible renewable energy projects with investors, and has already delivered 5 MW of energy to a range of companies in Southern India and Rwanda.
Clean energy investment in developing nations slumps as financing in China slows: BNEF
Clean energy investment across 104 emerging markets fell sharply by $36 billion in year 2018 from the previous year, even as their coal burn surged approximately 500 terawatt hours to a record high of 6.9 thousand terawatt-hours. Though the decline in clean energy investments was driven largely by China, inflows to India and Brazil also slipped by $2.4 billion and $2.7 billion, respectively. India, however, emerged as the market with greatest renewables potential.
Net metering policy change could mean end of rooftop solar in Maharashtra
The recently proposed guidelines allow electricity cost reduction of only Rs 3.64/unit for commercial and industrial consumers, which is not even sufficient to recover the capital costs of setting up the solar infrastructure.
Indian Railways eyes 500 MW rooftop solar by 2021-22
While 95.67 MW has already been installed on various railways buildings, 248.46 MW capacity—awarded by Railway Energy Management Company Limited—is under different stages of execution.
Cheap Indian imports claim prompts Bangladesh to introduce solar standards
Dhaka has heeded complaints about Indian manufacturers allegedly dumping sub-standard PV products over the border and issued a requirement for modules, inverters, charge controllers and batteries to attain IEC electrical standards.
Gujarat seeks to empanel rooftop solar installers for government buildings
November 28 is the last date for EPC installers to submit the rates for different capacities of grid-connected rooftop solar systems on government buildings.
Uttarakhand tenders 10 MW grid-connected rooftop solar
November 29 is the last date to bid for projects that are to be set up in sizes of 1 KWp to 500 KWp across the state. The entire project cost is estimated at Rs 500 million.
U GRO Capital, Sunvest Capital to co-lend Rs 200 million to MSMEs for rooftop solar
The partnership will leverage the market intelligence of Sunvest and the tech-driven platform of U GRO in lending to MSMEs for rooftop solar.
Goa to replace traditional clay tiles with solar ones
State energy minister Nilesh Cabral says householders will be offered the chance to reduce energy bills without any upfront cost by leasing roofspace to installers as part of plans to add 15 MW of solar capacity in Goa by March.
Gujarat solar capacity just shy of 2.7 GW
The state this week raised its clean energy ambition to 30 GW of generation capacity within three years as figures showed ground-mounted solar is expanding at a faster rate than rooftop installations.
