Renewable capacity in India set to jump by 50% in 2019

India is set to add renewable energy capacity of 15,860 MW in 2019, a leap of 50% on the 10,560 MW installed last year. Around 70% – 10,902 MW – of the new capacity will come from utility-scale solar projects, according to Bridge To India analysts.

NSEFI proposes renewable energy export body

The National Solar Energy Federation of India submitted the proposal to the Commerce Ministry in December and expects approval for a Renewable Energy Export Promotion Council in the next few months.

India would gain from differential electricity tariffs

More flexible prices during peak periods would incentivize the use of energy during times of lower demand and reduce the burden on the grid, according to a report by IEEFA. Day-ahead market pricing would better incentivize variable generation to ‘kick in’ at times of peak demand.

Macquarie, NTPC in race to buy IL&FS assets

India’s leading infrastructure finance company IL&FS expects up to Rs 80 billion from wind and solar asset sales.

Energy Storage: 2019 will be a year of opportunities

With the announcement of a National Energy Storage Mission expected this month, 2019 is set to be a year of manufacturing and research and development opportunities in India’s storage sector

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India will tender 500 GW renewable capacity by 2028

Of the colossal sum, 350 GW would be for solar. India currently has installed renewable energy capacity of 75 GW with a further 46 GW under implementation.

Gujarat expects Rs500 billion worth of renewables MoUs

The state, which plans to add 3 GW of renewable capacity annually, will host the ninth edition of the Vibrant Gujarat Global Summit, which opens in 11 days’ time.

Oakridge raises residential solar rooftop funding from Dutch investor

Dutch lender Oikocredit has extended India’s first residential solar rooftop line of credit through its Indian subsidiary Maanaveeya Development & Finance

India can lead the way in distributed solar – GOGLA interview

India contributed to one-third of the global sales of distributed solar products during January-June 2018. Indian manufacturers can further leverage the International Solar Alliance (ISA) platform to engage with the global market, says Viraj Gada, GOGLA’s India regional representative and spokesperson for The India Distributed Energy Forum and Expo (IDEF), in an interview with pv magazine ahead of the event on January 30 and 31 in New Delhi.

Indian Railways plans 1 GW solar power by 2020-21

The ambitious plan would help Indian Railways source about 10% of its electrical energy from renewables.

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