Wipro, State Bank of India lead corporate drive for EV
Wipro Limited and State Bank of India (SBI) has become the first from India to join The Climate Group’s global Electric Vehicle initiative, EV100. Wipro expects to scale up the EV to 1000 by 2023, whereas, SBI will set up charging stations in major residential spaces.
Sterling and Wilson to develop 300 MW of solar in Vietnam
The Indian-headquartered EPC has set a June 2019 deadline for its plans to install 300 MW of new solar PV capacity in Vietnam, a market that is poised to boom over the next few years.
Manipur sees 640 kW of completed solar rooftop systems
Freyr Energy has completed 640 kW of solar PV rooftop plants in Manipur, North East India, including a 100 kW off-grid battery powered system, for a total investment of around INR 50 million (around US$769,175).
2018: India second largest solar market on back of 113 GW global installations
With 11 GW, India is set to become the second largest solar PV market in 2018, usurping the U.S., as global demand reaches 113 GW, says IHS Markit. It adds that Q4 will be the biggest quarter in history for installations, with 34 GW expected.
meeco to install 7MWp open access PV plant in Maharashtra
Through the company’s sun2fix open access solution, Inidan subsidiary of swiss-based renewable firm will install a 7MWp solar PV power plant in Solapur district of Maharashtra.
Odisha: GRIDCO tenders 200 MW solar PV
The Grid Corporation of Odisha (GRIDCO) has announced a 200 MW grid-connected solar PV power projects to be set up in the state of Odisha. The tender has a provision of pass-through in the quoted tariff in case of anti-dumping duty or safeguard duty imposition.
Azure Power wins 200 MW in Gujarat
The New Delhi-based solar energy firm has won a 200 MW solar PV project to be developed outside a solar park in Gujarat, in an auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The project will be commissioned by the year 2019.
ReNew Power acquires Ostro Energy in $1.54bn deal
According to the reports, Gurugram based developer ReNew Power Ventures has paid 40% in equity and the rest in debt for acquiring Actis LLP-backed Ostro Energy. With this acquisition, now ReNew Power’s combined renewable portfolio stands at 5.6 GW.
Coal India targets 20 GW solar projects in next 10 years
Coal India Ltd, the world’s largest coal producer company, has set the target of 20 GW solar PV installations in the next 10 years. To achieve the ambitious goal, the fossil fuel run firm will require an investment of approximately INR 900 billion ($13.8 billion).
GCL Group, Softbank sign MOU for 4 GW of solar manufacturing in Andhra Pradesh
The Asian companies will form a joint venture in India to execute the plan. The project’s total investment is expected to be around US$930 million, which will be used for the production of solar PV ingots, wafers, cells, modules and batteries.
