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.
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.
Avaada Power to develop 500 MW solar, investing $526 million in Andhra Pradesh
In a recent investor summit of Andhra Pradesh, Avaada Power has inked a $526 million contract with the state government of Andhra Pradesh to develop 500 MW solar capacities in the state.
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.
SECI tenders 3 GW ISTS connected solar power projects
Solar Energy Corporation of India (SECI) has invited bids for selection of solar power developers for setting up of 3 GW Interstate Transmission System (ISTS) connected solar power projects under global competitive bidding. Out of its 20 GW tender plan for the 2017-18 fiscal year, approximately 11 GW has already been tendered.
Municipal bonds may help India get close to its 40 GW rooftop solar target
Although the development of rooftop solar is not progressing in India as planned by the government, a group of international experts is suggesting to use municipal financing to raise debt availability, and to reduce PV system costs.
Odisha: 1,415 acres of suitable land identified for 400 MW solar park
Keeping in sight the plan of Renewable Energy policy 2016, government of Odisha is putting efforts for solar development and has identified land for 400MW solar park.
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.
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.
UP receives INR 22 billion investment from Amplus Solar to set up 500 MW solar capacity
During the recent Uttar Pradesh Investors summit, amplus solar signed a Memorandum of Understanding with the state government for the investment of INR 22 billion over the next 5 years.
