India added just 853 MW of solar capacity in third quarter
The solar installation in India is making a slower-than-expected recovery as Covid-related disruption continues to hurt construction progress. Safeguard duty extension and module price increase have added to the pain.
India draws new record-low solar tariff of INR 2/kWh
A recent SECI auction secured the lowest bid of INR 2/kWh, 15% lower than the INR 2.36/kWh record-low winning bid by Spanish developer Solarpack in a 2 GW auction previously.
Prime Minister Narendra Modi to inaugurate RE-Invest 2020 tomorrow
The three-day event will connect the global investment community with Indian renewable energy stakeholders. It is expected to be attended by over 75 international ministerial delegations, over 1000 global industry leaders, and 50,000 delegates.
State-owned investors dump coal for solar and wind
Coal project finance in the year 2019 stood at just INR 1100 crore (US$190 million), compared to renewable energy lending aggregating to INR 22,971 crore (US$3220 million).
Meghalaya tenders for 20 MW grid-connected solar
Global bids are invited to set up the solar capacity on a build-own-operate basis across two sites, each with around 10 MW. Bidding closes on December 17.
Financing distributed solar energy
A new report by Auroville Consulting highlights gaps and challenges existing today in financing rooftop solar based on its evaluation of the international lines of credit’s implementation at the state level (for Tamil Nadu), and the availability and accessibility of the financial support.
India added 438 MW of solar capacity in Q3 2020
The 438 MW of new solar capacity added during the three months ending September includes 283 MW from large-scale installations and 155 MW rooftop.
SunSource Energy bags 4 MW floating solar+2 MW storage project in Andaman & Nicobar
The latest win follows a 1.95 MW/2.15 MWh solar-plus-battery storage project bagged by the developer for the union territory of Lakshadweep in July this year.
Rooftop solar addition increased 112% y-o-y in second quarter
India added rooftop solar capacity of 399 MW in the second quarter (July-Sept) of FY 2020-21, compared to 188 MW installed in the corresponding period last year.
IISc Bangalore installs solar microgrid in primary health center
The network consists of a 96 V, 5.2 kW solar power system and a 96 V, 7.5 kVA PV inverter plus 96 V, 150 Ah of lead-acid battery storage. The microgrid will provide backup power during emergencies.
