MSMEs can contribute 16 GW in meeting solar target
The Ministry of Micro, Small & Medium Enterprises is working with the World Bank to bring in a credit guarantee mechanism to make financing accessible to unrated MSMEs for implementing rooftop solar projects.
Indian trough highlighted by Chinese solar glassmaker
Xinyi Solar has posted bullish annual figures on the back of an astonishing rebound in the global market following Covid travails at the start of 2020. There is one national market, however, which has not been invited to the party.
India’s installed solar capacity reaches 41,689 MW
The nation installed a cumulative solar capacity of 41,689 MW as of December 31, 2020, with 1298 MW added in the October-December period. Going forward, capacity addition in the current year’s first quarter could exceed 2 GW.
Siemens completes the acquisition of C&S Electric in India
Siemens has acquired C&S Electric’s around 99.22% equity share capital for INR 2,100 crore. The acquisition will allow it to address the rising demand for low-voltage power distribution solutions in India. Apart from gaining easy access to the Indian market, the transaction also aims to create an export hub.
Bidding extended for 275 MW solar in Uttar Pradesh
Developers now have until March 11 to lodge their interest in building 275 MW of grid-connected solar capacity in Uttar Pradesh Solar Park. The projects are to be set up on a build-own-operate basis.
Sterling and Wilson partners Enel X to enter EV charging infrastructure
Under the joint venture, Sterling and Wilson will provide end-to-end services for electric vehicle charging stations across India.
Ieefa proposes a three-pronged approach for grid firming
A new report discusses battery storage, green hydrogen, and flexible coal-fired power generation as key grid firming options for India as solar and wind are poised to form 51% of the nation’s total installed generation capacity by 2030.
Madhya Pradesh: Ten-fold growth in renewable energy capacity since 2012
Today, the State has 5042 MW of renewable energy capacity, a ten-fold increase from 491 MW in 2012.
Essar Power to set up 90 MW solar plant in Madhya Pradesh
The private power producer will set up the proposed solar plant in the Datia district in two parts of 33.7 MW and 56.17 MW. The project is expected to be completed by June 2022.
WBPDCL to get a 5 MW floating solar plant at its thermal power station
The floating solar plant shall come up at the Santhaldih Thermal Power Station in the Purulia district of West Bengal. Bidders have until April 12 to lodge their interest in its installation and commissioning.
