The guarantee is a unique initiative by the state government of Madhya Pradesh for its Payment Security Mechanism, which had a role to play in the phenomenally low tariff achieved for the Rewa solar project.
Adani Australia is planning to construct a 300 MW and 10 0MW solar PV farm at Rugby Run in Queensland and Whyalla, South Australia, respectively.
The Ministry of New and Renewable Energy (MNRE) has confirmed that renewable energy in Tamil Nadu should have “must run” status and there should not be any more backdowns in solar power.
Essel Infraprojects, part of Essel Group, has added 55 MW of solar in the states of Uttar Pradesh and Karnataka, bringing its total installed PV capacity to 220 MW nationwide.
REC, one of the biggest European brand of PV panels, is expanding in India with Redington as designated partner.
The Bharat Ratna awardee and India’s most beloved cricketer, Sachin Tendulkar has collaborated with Schneider Electric for its “Spreading Happiness in Diya Foundation (SHIF)” campaign with solar home lighting systems.
The government of the Tamil Nadu state decided to cancel an auction held Jan-Feb 2017, as developers rejected offer to reduce tariff bid of INR 4.40 ($0.07)/kWh.
The Indian developer has secured another solar rooftop project for buildings owned by the Indian government.
The International Energy Agency’s Renewables 2017 report finds that solar PV capacity grew 50% last year, underpinning a 12% increase in this year’s renewables forecast and prompting the IEA to forecast 1,000 GW of clean energy by 2022.
The Dichpally solar plant is the largest joint-venture project between Hareon Solar Technology and ReNew Power Ventures in India.
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