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.
Government issues penalty for violating DCR under MNRE solar projects
India’s Ministry of New and Renewable Energy (MNRE) will penalize parties found in violation of the MNRE’s Domestic Content Requirement (DCR) rules for solar projects, which the World Trade Organisation (WTO) has approved for DCR use.
Avaada Power to develop 1.6 GW of solar in Uttar Pradesh
Avaada Power Pvt Ltd has committed US$1.55 billion to develop solar PV projects in the state of Uttar Pradesh.
MNRE deletes DCR clause from 5 GW Phase-II Batch-IV VGF scheme
In response to the domestic content dispute with the U.S., India’s Ministry of New and Renewable Energy (MNRE) has deleted all of the domestic content clauses from the National Solar Mission Phase-II, Batch-IV: 5 GW VGF scheme.
Solar to lead global renewables growth for next five years — KPMG
Investors throughout the world made 406 investments in large-scale renewables in 2017, collectively valued at roughly €40.1 billion (US$49.5 billion), but solar is set to grow more in terms of capacity than any other clean-energy technology over the next half-decade, according to a new report. Battery storage will play a crucial role in this, it found.
Government makes surprising u-turn on electric vehicle policy
Minister for road transport Nitin Gadkari drops plans to introduce national policy to support growth of electric vehicles in surprising reversal on earlier ambitions.
Energy Access Summit 2018 highlights
The India Energy access summit held in India on February 12-13, 2018 in New Delhi, saw discussions on the decentralized renewable energy sector from various organizations and institutions, including few announcements.
Rockefeller Foundation, Ckers Finance partner to develop India’s decentralized renewable energy sector
U.S.-based Rockefeller Foundation has partnered with cKers Finance, a New-Delhi based finance company, to help develop the decentralized renewable energy (DRE) sector in India. cKers will invest $50 million across DRE and sustainable energy portfolio in the near term.
The weekend read: Foggy days ahead for Indian solar
India is planning to impose a safeguard duty this year to protect its domestic solar manufacturing sector. Many in the industry earnestly believe that if such duties were to be imposed, then a slowing down in market growth would be inevitable. However, the Indian Solar Manufacturers Association (ISMA) believes this will not be the case. Either way, this duty has created unwanted uncertainty in the market.
