India installed 8.4 GW of solar in H1
India is expected to install 20 GW of new solar capacity in 2022, according to JMK Research.
US to extend Investment Tax Credit for solar at 30% to 2032
As written in the Inflation Reduction Act of 2022, the tax credit will begin at 30% and step down to 26% in 2033 and 22% in 2034.
TCIL to empanel rooftop solar installers
Telecommunications Consultants India Ltd has invited bids to install and commission rooftop solar systems as a back-end partner for its projects. The empanelled parties will set up PV systems of different capacities across various states of India. Bidding closes on August 8.
Rays Power switches on 50 MW open-access solar plant in Karnataka
The Rajasthan-headquartered solar developer has commissioned a 50 MW (AC) solar plant in Bennur village of the Belgaum district. The project uses 455 Wp to 595 Wp mono PERC monofacial PV modules.
Karnataka dairy producers tender 100 MW solar for self-consumption
The Karnataka Cooperative Milk Producers’ Federation Ltd (KMF) has invited bids to install a 100 MW (AC) ‘group captive’ solar plant for its own consumption and its member milk unions.
India may miss 2030 renewables target by over 104 GW
The nation may miss its 2030 target of 500 GW renewables capacity by over 104 GW under the current market trend.
Tata Power commits INR 75,000 crore to renewables
Tata Power will invest more than INR 75,000 crore ($9.4 million) by the 2026-27 period to scale up its green businesses, including renewable energy generation and solar manufacturing.
Jharkhand to install 4 GW of solar power generation capacity in five years
Under the Solar Energy Policy 2022, the Indian state tagets installing about 3 GW of utility-scale solar, 720 MW of distributed generation, and 280 MW off-grid capacity from fiscal 2022-23 to 2026-27.
KPI Green secures 26.6 MW of captive solar projects
The Gujarat-based solar developer has landed 26.6 MW of captive solar projects from a Maharashtra-headquartered lab-grown diamonds and jewellery maker.
India’s first fractionally owned, ground-mount solar plant
A 5 MW open-access solar project in Karnataka is India’s first fractionally owned, ground-mount PV plant. Bengaluru-based Pyse is financing the INR 26 crore ($3.3 million) project through its investment platform, which allows retail investors to own a stake for as little as INR 10,000.
