The thermal energy giant of India has commissioned a 130 MW solar plant in the state of Tamil Nadu, comprised of two, 65 MW blocks across 655 acres.
MNRE head RK Singh delivers a lowdown on India’s current solar installations, recent policies that the government has initiated, and the customs issues with imported solar modules.
GAIL, which is a state-owned provider of gas, commissioned a 5.76 MW rooftop PV array at its Pata petrochemicals plant in Uttar Pradesh at the end of 2017.
ReNew Power Ventures, which is backed by Goldman Sachs, is exploring an opportunity to acquire the solar assets of Waaree Energies ahead of a planned IPO, reports Mint.
Five Indian solar firms have filed an application for the imposition of import duties on solar cells with the Directorate General of Safeguards in a move designed to boost domestic manufacturing and protect local interests.
A structured credit deal has been struck between Centrum-led investors and Waaree Energies Ltd, an Indian solar power firm.
Reuters reports that the United States is once again planning to take India back to a WTO ruling regarding an ongoing solar power dispute. Last year India lost the case against the U.S., which had alleged discriminatory practices in favor of domestic firms and against foreign competitors.
Both the European Investment Bank and India’s YES Bank will provide $200 million investment to co-finance a series of solar and wind power projects across India.
MNRE head, RK Singh says 15,183 Indian villages have been electrified, out of 18,452, as of November 30. Free electricity connections have also been granted to 44.41 lakh below poverty line (BPL) households under the government’s rural electrification scheme.
Solar EPC firm, Oriano Solar has installed two 20 MW thin film PV plants in Karnataka. The modules, based on CdTe technology, are procured from U.S.-based company First Solar.
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