BHEL wins NTPC order for 25 MW floating solar project
Having won a 100 MW floating solar project last month, state-owned Bharat Heavy Electricals Limited has added another 25 MW from NTPC to emerge as the largest EPC player in India’s floating solar segment.
India added 1,836 MW of rooftop solar in last fiscal year
Maharashtra, Rajasthan, Gujarat, Karnataka and Tamil Nadu were the top five states by annual installation, accounting for 60% of the new capacity.
Rajasthan Electronics tenders for supply of solar modules
Jaipur’s Rajasthan Electronics & Instruments Limited has invited bids from Indian manufacturers for the supply of 75 Wp solar modules based on crystalline silicon technology. Bidding will close on July 19.
Economic Survey calls for $330 billion investment in renewables
The annual report has placed EVs at the heart of India’s decarbonization and called for an Indian answer to the U.S. ‘Motor City’ of Detroit, where electric vehicles and the batteries to run them could be manufactured.
KPI Global gets GETCO nod to enhance solar power evacuation
Independent power producer KPI Global Infrastructure has received Gujarat Energy Transmission Corporation’s approval to enhance solar power evacuation from 30 MW to 70 MW (30 MW existing + 40 MW additional capacity) at 66 KV Amod Substation of district Bharuch in Gujarat.
MNRE approves 12 GW solar scheme for public sector undertakings
Up to Rs7 lakh of funding assistance per megawatt will be available to developers who deploy PV capacity for consumption by public entities. The energy produced will be supplied with a Rs3.50/kWh ceiling tariff and projects will be subject to strict domestic content requirements.
Delhi Police buildings will soon have rooftop solar systems
Under an MoU signed with Solar Energy Corporation of India, grid-connected rooftop solar systems totaling 3-4 MW capacity will be installed on more than 200 police establishments across the capital.
US investor Encourage Capital raises $40 million to fund rooftop solar for Indian MSMEs
The US-based impact investor will invest in specialized financial institutions in India that can develop and scale commercial rooftop solar finance solutions, serving an estimated US$ 9 billion market opportunity.
Group captive solar projects on the rise among corporates
With Karnataka withdrawing open access waivers and the policy not replicated elsewhere, corporate buyers are increasingly favouring group captive projects that are exempt from the cross-subsidy surcharge—the largest and most unpredictable component of grid charges for open access power.
Uttar Pradesh to commission 1.5 GW of solar by next year
The state is hoping for 10.7 GW of renewable energy generation capacity by 2022 and rooftop solar is set to play a big role.
