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.
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.
India plans to impose safeguard duty on Chinese and Malaysian module manufacturers, to protect the domestic manufacturers.
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.
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.
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.
On the sixth meeting of ISA’s International Steering Committee (ISC), Tata Power Delhi Distribution Ltd made a presentation showcasing their offerings to install solar rooftop projects and key service terms proposing to reach 1 MW capacity in each country.
A supercritical carbon dioxide Brayton test loop facility has been developed at Indian Institute of Science (IISc), Bangalore. Scientists claim that the technology has the potential to replace nuclear and thermal power plants. The loop technology could vastly reduce the water consumption, with less emissions of greenhouse gases.
India’s southern states have emerged as leaders in solar, dominating installations in 2017, according to the latest figures from Mercom Capital Group. Overall, the company says 9.6 GW of solar PV were installed across the country last year. Despite this, 2018 will see a decline, it says.
Shell is rumored to be interested in acquiring a majority stake in Fourth Partner Energy, a rooftop solar power firm based in Hyderabad, India.