Husk Power Systems receives $20m investment from Shell, Swedfund and ENGIE
To scale up its mini grids business in Asia and Africa, Indian energy startup Husk Power systems has received sizeable financial backing from international investors.
Support grows for India in WTO tiff with US
The European Union as well as Brazil, China and Japan indicate their support for India in the WTO dispute against the U.S. Consensus appears to be that trade retaliatory measures are unjustified. The DSB chair concluded by noting the matter has been referred to arbitration in line.
Maharashtra’s Mahaparivartan to purchase 1 GW of solar power in 2018
The power transmission company of the state is planning to purchase 1 GW of solar power this year.
Summary: Central subsidies for solar PV
The Indian government has introduced a number of subsidies under various categories of solar projects, from big PV parks to small rooftop and off-grid installations, in order to achieve its 100 GW solar target by 2022. The current status of the subsidies are summarized below.
Azure Power commissions 100 MW NTPC project in Telengana
Azure Power, one of India’s leading independent solar power producers, has commissioned a 100 MW NTPC solar power plant in Telangana.
Maharashtra planning floating solar plant on Irai dam
The Indian state of Maharashtra is considering a floating solar application and is conducting a feasibility study to install solar panels on the Irai dam, located in the Chandrapur region of Maharashtra.
Uttar Pradesh tenders 1,000 MW PV projects
Uttar Pradesh’s UPNEDA has released a 1,000 MW tender for solar PV projects to be installed anywhere in the state. Bid submissions are due on February 2.
Safeguard duty – Indian government scores an own goal
India’s Director General of Safeguards (DGS) has proposed a provisional duty of 70% for a period of 200 days on solar cells and modules. It has issued its recommendations in a preliminary report, completed within just a month of submission of the petition by five Indian manufacturers including Mundra Solar, Indosolar, Jupiter Solar, Websol Energy and Helios […]
IFC to provide $440 million loan to developers of Rewa PV project
Three firms, Mahindra Renewables, Actis, and ACME group, will receive a combined loan of $440 million from the IFC for developing the Rewa Solar Park in Madhya Pradesh.
SECI postpones 2 GW tender and extends solar manufacturing EoI deadline
The Solar Energy Corporation of India has postponed the 2 GW PV project tender until further notice. The company has also extended the deadline for expression of interest for setting up the solar manufacturing plant in India until January 29.
