Spanish-German renewable energy developer Siemens Gamesa provided engineering, procurement and construction (EPC) support for the 10 MW photovoltaic (PV) solar farm near Coimbatore in Tamil Nadu.
State-owned NLC India Ltd – formerly the Neyveli Lignite Corporation – has commissioned 150 MW of solar power projects at Ramanathapuram and Virudhanagar Districts of Tamil Nadu, taking its total installed solar power capacity in the state to 591 MW.
The organization responsible for coordinating India’s push for 100 GW of new solar capacity by 2022 has had a busy week. But, as last year illustrated, tenders alone are not always a guarantee of new generation assets.
Following Tamil Nadu’s plans to purchase 2000 electric buses, Karnataka aims to convert half the government vehicles in Bengaluru to electric by 2019 end. Further, Delhi has allocated Rs 100 crore to electric vehicles in its budget for 2019-20.
There is widespread doubt about whether India can achieve its 100 GW solar target by 2022 but, having started from a base of only 9 MW of capacity 10 years ago, it would be foolish to write off the prospects of this solar superpower.
Tamil Nadu government has unveiled a new solar energy policy 2019 that aims at generating 9 GW for the state by 2022. The policy would be applicable to projects, programmes and installations relating to both solar PV and thermal energy, including utility as well as consumer categories.
For the purchase, the government of Tamil Nadu is seeking a loan from German state-owned development bank KfW, at an interest rate of 2%, according to reports.
State-owned NLC India Ltd – formerly the Neyveli Lignite Corporation – has signed a memorandum of understanding with the government of Tamil Nadu to set up a 1 GW solar project in the state.
Union Minister for Science & Technology, Dr Harsh Vardhan will launch the solar technology centre at IIT Madras on January 25, 2019. The Centre will focus on a wide range of research and development activities such as silicon solar cells that promise high efficiency and are suited for Indian conditions.
The nation still managed to attract around $11.1 billion for renewable energy in 2018, to be the world’s fifth most attractive destination for funds, according to new figures compiled by BloombergNEF.
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