Distributed solar

The National Solar Energy Federation of India will serve as the secretariat of the India Agrivoltaics Alliance (IAA). The Alliance comprises 12 organizations and is supported by the India Climate Collaborative and Bloomberg Philanthropies.

Husk Power Systems (Husk) has raised over $100 million in equity and debt to fund its new solar minigrid projects in South Asia and Africa. The company said the new capital would support 1,400 new minigrids, around 300,000 new connections, and avoid 350,000 tonnes of CO2 from the displacement of diesel generation while adding 2,500 new direct jobs.

The total value of the 50,000 solar pumps is around INR 1,603 crore ($192.87 million). The pumps are to be deployed over 24 months.

The Sixth Assembly of the International Solar Alliance will focus on universalizing energy access through solar mini-grids, mobilizing finance for accelerated solar deployment, and diversifying supply chains and manufacturing for solar.

The state and the central government will provide cumulative financial support of INR 434 crore ($52.2 million) for the installation of 30,000 solar pumps across the state.

As solar energy becomes the most cost-effective form of energy generation in many countries, with clear climate, energy, and economic benefits, its acceptance and political support are growing. To enhance resilience and sustainability, strategies that incorporate a diverse energy mix, combining centralized and distributed renewable generation, are most effective, especially in underserved nations.

The Fifth Meeting of the ISA Regional Committee for Latin America and the Caribbean Region took place this week, convened by the International Solar Alliance (ISA). Its primary objective was translating ambitious solar energy goals into concrete results while addressing pertinent regional issues.  The meeting was presided over by Tania Masea, vice minister for new […]

The solar-powered islands of Diu and T’au have set an example for other such land masses to meet their power requirements through green energy.  

As on June 30, 2023, around 2.45 lakh agriculture pumps have been installed or solarized under PM KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) Scheme.

In a meeting with the French delegation, India’s power minister emphasized the role of insurance for renewable energy projects, payment security mechanism, and debt financing in attracting investment into renewable energy.