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Markets & Policy

Microsoft to power its new Bengaluru office using solar

Microsoft has purchased 3 MW of solar generation capacity from a solar developer, Atria Power. This will cover 80% of the projected electricity requires at the new facility.

GCF grants $100 million to NABARD for rooftop solar in India

Green Climate Fund (GCF) has approved the National Bank for Agriculture and Rural Development (NABARD)’s proposal of Line of credit for solar rooftop segment for commercial, industrial and residential housing sectors in India. This is the first ever project in India approved by GCF.

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President of France to inaugurate 75 MW solar plant in Uttar Pradesh

According to reports, French President Emmanuel Macron will inaugurate the 75 MW solar PV power plant, located in Mirzapur, Uttar Pradesh on March 12. The plant is developed by the French company, Engie Solar.

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ISA to sign 121 solar projects by 2nd edition of Global RE-INVEST in April 2018

50 projects will be signed on March 11, 2018 during ISA Solar Summit, and 71 will be signed on April 20, 2018 at RE-Invest summit. Now, with five new countries, Madagascar, Gabon, Rwanda, Sri Lanka, and Uganda, the number of nations to have ratified the International Solar Alliance (ISA) framework agreement has reached 26.

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WTO agreed India’s request to form compliance panel

With the current World Trade Organizations (WTO’s) decision, it appears that the solar domestic content dispute between India and the U.S. has stepped forward. Last three-four hearing was just stuck in U.S. rejections of India’s compliance statement.

Trade protection for domestic manufacturers is misguided, finds Bridge to India

India plans to impose safeguard duty on Chinese and Malaysian module manufacturers, to protect the domestic manufacturers.

EESL to invest more than US$500 million in Andhra Pradesh in four clean energy projects

MoUs for four projects were signed at CII Partnership Summit 2018, held in Andhra Pradesh are valued at more than US$ 500 million and are expected to create jobs, alongside bringing in revenue and saving money.

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Adani to build 1 GW+ renewable energy in Andhra Pradesh

Adani Group has signed a MoU with Andhra Pradesh government for the development of more than 1 GW of renewable energy in the state.

Tata Power proposes solar roof top projects in member countries of ISA

On the sixth meeting of ISA’s International Steering Committee (ISC), Tata Power Delhi Distribution Ltd made a presentation showcasing their offerings to install solar rooftop projects and key service terms proposing to reach 1 MW capacity in each country.

India: Shell may acquire majority stake in Fourth Partner Energy

Shell is rumored to be interested in acquiring a majority stake in Fourth Partner Energy, a rooftop solar power firm based in Hyderabad, India.

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