Cornering 44% of the total global sales for 3.66 million off-grid solar products in the first half (H1) of 2018, India has emerged as the world’s largest cash market for such products, according to the latest report by Global Off-Grid Lighting Association (GOGLA).

India is likely to add between 8-8.5 GW of renewable energy generation capacity in the current financial year ending March 2019, according to ICRA Limited.

Developers have successfully secured relief from the federal government to mitigate the effects of GST on PV projects. One-off compensation will be paid and tariffs may be adjusted to reflect any ongoing rise in maintenance expenses.

Two of the world’s biggest players in the oil industry have backed the nation’s ambitious solar target – and are putting their money where their mouth is.

Ratings agency adds to pessimistic predictions about Indian solar with MNRE ambition of 34 GW of solar auctions next year at real risk. The news follows similar warnings about India’s 100 GW solar target.

With the commissioning of 620 MW by three companies, the total capacity of Rajasthan’s Bhadla Solar Park has reached 1,365 MW, Rajasthan Renewable Energy Corporation Ltd (RRECL) announced.

With the announcement of a historic low tariff of Rs 1.38 ($0.019) per unit for a rooftop PV project and a new 1.5 GW solar project, Madhya Pradesh has upped its solar game plan.

The Delhi state government has approved the Mukhyamantri Solar Power Scheme, which offers five-year subsidies on electricity bills for group housing societies and individual consumers installing rooftop solar panels.

India’s cash-strapped solar industry was in for a rude awakening after the Ministry of New & Renewable Energy (MNRE) has refused to write to the Reserve Bank of India (RBI) to accord priority sector lending (PSL) status to renewable energy projects.