Uma Gupta
NSEFI writes to law minister on solar tariff renegotiation in Punjab
The industry body wrote the State’s new bill to redetermine solar tariffs will render the already operating projects unviable and power producers will find it difficult to repay their loans. It sought the law minister’s intervention in highlighting their concerns to the President with whom the Bill is presently pending approval.
The long read: Reliance Industries’ fully integrated, end-to-end renewable energy ecosystem plans
India’s Reliance Industries sees the response to climate change as a huge opportunity to create value through a new energy and materials business. The company aims to set up a fully integrated, end-to-end renewable energy ecosystem.
India has reached 46,247 MW of installed solar capacity as of October 31
Rajasthan (8,644 MW), Karnataka (7,483 MW), and Gujarat (6,052 MW) lead in solar installations.
India’s clean power target will double electricity supply economically if low-cost storage is deployed
Berkeley Lab report finds historic lows in clean energy prices position India to transform electric system
West Bengal tenders 22.5 MW floating solar on ponds at thermal power stations
West Bengal Power Development Corporation Ltd has invited bids to install and commission floating solar plants on water ponds of thermal power stations in the Birbhum, Purulia and Murshidabad districts. Bidding closes on January 24.
2021 could be India’s best-ever year in new solar addition
With 7.4 GW of new solar already installed in the first nine months, the year 2021 is headed to become one of the best years on record for new solar installation in India.
Madhya Pradesh producing more than 5.3 GW of solar power daily
The State is now self-sufficient in power generation with 22 GW of electricity produced per day from sources including water, coal, wind, and sun.
Virescent acquires 55 MWp of operating solar assets from Focal Energy
The acquisition is in line with Virescent’s strategy to acquire operational renewable energy assets that have stable long-term cashflows with government counterparties across India.
Over 90% of India’s solar and wind projects received investment-grade ratings in 2020
An analysis by the CEEW Centre for Energy Finance reveals that India’s renewable energy sector has made significant progress on the back of policies that have helped mitigate several risks for solar and wind project investors.
American bank to lend $500 million for First Solar’s 3 GW fab in India
The debt finance from U.S. International Development Finance Corporation will support the thin-film solar manufacturer’s 3 GW/ annum module manufacturing facility coming up in Tamil Nadu.
