To effectively meet its clean energy and net zero targets, India must address the current limitations in its green financing models. Additionally, the lenders must take into account sector specific risks.
The 1 GW solar module facility is scheduled to start commercial operation in the fourth quarter of the current fiscal year 2025-26.
Researchers in Saudi Arabia have developed a hydrogel composite that absorbs moisture in solar modules overnight and facilitates evaporative cooling throughout daylight hours. The system has undergone lab tests and outdoor experiments on two continents.
US residential solar company Sunnova has entered into asset and power purchase agreements to support operations while it seeks a buyer.
Jakson Green Renewables, the asset management arm of Jakson Green, has secured an additional 1 GWp in solar operation and maintenance (O&M) contracts, pushing its total O&M portfolio to an impressive 5 GWp.
The latest addition takes Sikar solar project’s total commissioned capacity to 240 MW out of a planned 300 MW.
At a time when many countries struggle with energy nationalism and policy flip-flops, India’s independent power producer (IPP)-driven model offers a decentralised, market-based, and scalable solution to clean energy growth. Their role in catalysing 250 GW of new capacity by 2030 will be central to India’s climate pledges under the Paris Agreement and its goal of net-zero emissions by 2070.
The 193 MW addition follows the commissioning of 245 MW of the 735 MW Nokh Solar PV project in March this year.
The solar asset, Renew Solar Aayan Pvt Ltd (RSAPL), has been operational since March 2024 and benefits from a long-term 25-year power purchase agreement (PPA) with Solar Energy Corp of India (SECI) at a fixed tariff of INR 2.37 per kWh.
Bergen Pipe Supports India’s factory in Tirupati, Andhra Pradesh, is projected to save more than INR 70 lakh per annum from their rooftop solar system, with payback in just 3 years 8 months.
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