Highlights

The projects—to be developed in ‘Capex’ mode—are part of the coal producer’s planned solar capacity of around 3 GW to emerge as a net zero energy company. Bidding closes on November 25.

The benefits of heterojunction technology are well known. But as the first modules come onto the market from REC Group’s new HJT lines, the competitive landscape is crowded, but not without opportunity.

Market intelligence company Navigant Research has developed a country forecast of the global market. Incentives and pricing will be the main driver of installations, though the market will continue to be concentrated in certain key regions, including India, for now.

The partnership will leverage the market intelligence of Sunvest and the tech-driven platform of U GRO in lending to MSMEs for rooftop solar.

The ‘intelligent’ racking solutions provider has joined hands with Norwegian aluminium producer Hydro Extrusion’s India arm to manufacture PV racking for rooftops. The manufacturing unit—located in Bengaluru—is eyeing at least 20 MW of business from India in the next six months.

The requirement of design and installation of additional DC panels may emanate from the contractual need to supply the committed energy and does not cast any obligation on the procurer to buy generation in excess of the contracted energy range—stated the ministry in its advisory issued recently.

State energy minister Nilesh Cabral says householders will be offered the chance to reduce energy bills without any upfront cost by leasing roofspace to installers as part of plans to add 15 MW of solar capacity in Goa by March.

The investment will increase Caisse de dépôt et placement du Québec’s equity stake in the NYSE-listed solar developer to 49.4% from current 41.4%.

The state this week raised its clean energy ambition to 30 GW of generation capacity within three years as figures showed ground-mounted solar is expanding at a faster rate than rooftop installations.

The power produced by NTPC (40 MW) and Sukhbir Agro Energy (32 MW) will be purchased by Uttar Pradesh Power Corporation Limited at tariffs of Rs 3.02/KWh and Rs 3.05/KWh, respectively, for a period of 25 years.